Walt Disney Company (The) (NYSE:DIS) was upgraded by equities research analysts at Royal Bank Of Canada from an “outperform” rating to a “top pick” rating in a research note issued to investors on Monday. The brokerage presently has a $125.00 price objective on the entertainment giant’s stock, down from their previous price objective of $130.00. Royal Bank Of Canada’s target price suggests a potential upside of 24.91% from the stock’s previous close.

A number of other equities research analysts have also recently commented on DIS. BMO Capital Markets restated an “underperform” rating and set a $90.00 target price (down previously from $95.00) on shares of Walt Disney Company (The) in a research note on Thursday, August 10th. Loop Capital restated a “hold” rating and set a $108.00 target price on shares of Walt Disney Company (The) in a research note on Thursday, August 10th. Jefferies Group LLC restated a “hold” rating and set a $103.00 target price (down previously from $110.00) on shares of Walt Disney Company (The) in a research note on Friday. Goldman Sachs Group, Inc. (The) set a $133.00 target price on shares of Walt Disney Company (The) and gave the stock a “buy” rating in a research note on Wednesday, August 9th. Finally, Wells Fargo & Company restated a “market perform” rating and set a $109.00 target price on shares of Walt Disney Company (The) in a research note on Thursday, August 10th. Five investment analysts have rated the stock with a sell rating, fourteen have given a hold rating, eighteen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of $113.76.

Walt Disney Company (NYSE DIS) opened at 100.07 on Monday. The stock has a market cap of $154.46 billion, a PE ratio of 17.75 and a beta of 1.40. The company’s 50-day moving average is $99.91 and its 200 day moving average is $106.38. Walt Disney Company has a 52 week low of $90.32 and a 52 week high of $116.10.

Walt Disney Company (The) (NYSE:DIS) last released its earnings results on Tuesday, August 8th. The entertainment giant reported $1.58 EPS for the quarter, topping analysts’ consensus estimates of $1.53 by $0.05. Walt Disney Company (The) had a net margin of 16.22% and a return on equity of 19.69%. The company had revenue of $14.24 billion for the quarter, compared to analysts’ expectations of $14.44 billion. During the same quarter last year, the business earned $1.62 EPS. The firm’s revenue was down .3% compared to the same quarter last year. On average, analysts expect that Walt Disney Company will post $5.81 earnings per share for the current fiscal year.

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In other news, Director Maria Elena Lagomasino acquired 976 shares of the firm’s stock in a transaction that occurred on Thursday, August 10th. The stock was purchased at an average cost of $102.34 per share, for a total transaction of $99,883.84. Following the completion of the acquisition, the director now directly owns 7,513 shares of the company’s stock, valued at approximately $768,880.42. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 13.00% of the company’s stock.

A number of institutional investors have recently made changes to their positions in DIS. Janus Henderson Group PLC raised its holdings in Walt Disney Company (The) by 929.6% in the second quarter. Janus Henderson Group PLC now owns 5,410,942 shares of the entertainment giant’s stock worth $574,907,000 after purchasing an additional 4,885,398 shares in the last quarter. AJO LP raised its holdings in Walt Disney Company (The) by 12,331.6% in the second quarter. AJO LP now owns 3,300,335 shares of the entertainment giant’s stock worth $350,661,000 after purchasing an additional 3,273,787 shares in the last quarter. Vanguard Group Inc. raised its holdings in Walt Disney Company (The) by 2.2% in the second quarter. Vanguard Group Inc. now owns 98,803,049 shares of the entertainment giant’s stock worth $10,497,824,000 after purchasing an additional 2,131,932 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its holdings in Walt Disney Company (The) by 247.9% in the second quarter. Arrowstreet Capital Limited Partnership now owns 2,644,700 shares of the entertainment giant’s stock worth $280,999,000 after purchasing an additional 1,884,600 shares in the last quarter. Finally, Nordea Investment Management AB raised its holdings in Walt Disney Company (The) by 48.7% in the second quarter. Nordea Investment Management AB now owns 5,313,513 shares of the entertainment giant’s stock worth $564,561,000 after purchasing an additional 1,740,128 shares in the last quarter. Institutional investors and hedge funds own 61.38% of the company’s stock.

About Walt Disney Company (The)

The Walt Disney Company is an entertainment company. The Company operates in four business segments: Media Networks, Parks and Resorts, Studio Entertainment, and Consumer Products & Interactive Media. The media networks segment includes cable and broadcast television networks, television production and distribution operations, domestic television stations, and radio networks and stations.

Analyst Recommendations for Walt Disney Company (The) (NYSE:DIS)

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