Investors bought shares of Walt Disney Company (The) (NYSE:DIS) on weakness during trading hours on Wednesday. $162.22 million flowed into the stock on the tick-up and $105.29 million flowed out of the stock on the tick-down, for a money net flow of $56.93 million into the stock. Of all stocks tracked, Walt Disney Company (The) had the 12th highest net in-flow for the day. Walt Disney Company (The) traded down ($1.03) for the day and closed at $98.55

Several analysts have recently commented on the stock. Vetr downgraded shares of Walt Disney Company (The) from a “buy” rating to a “hold” rating and set a $110.54 price objective on the stock. in a report on Thursday, July 27th. BidaskClub raised shares of Walt Disney Company (The) from a “hold” rating to a “buy” rating in a report on Wednesday, August 2nd. Credit Suisse Group reaffirmed an “outperform” rating and issued a $125.00 price objective on shares of Walt Disney Company (The) in a report on Tuesday, July 25th. Goldman Sachs Group, Inc. (The) set a $133.00 price objective on shares of Walt Disney Company (The) and gave the company a “buy” rating in a report on Wednesday, August 9th. Finally, Piper Jaffray Companies set a $130.00 price objective on shares of Walt Disney Company (The) and gave the company a “buy” rating in a report on Wednesday, August 9th. Five investment analysts have rated the stock with a sell rating, fourteen have assigned a hold rating, eighteen have issued a buy rating and one has assigned a strong buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $113.76.

The company has a market capitalization of $152.11 billion, a P/E ratio of 17.48 and a beta of 1.40. The firm has a 50-day moving average price of $99.83 and a 200-day moving average price of $106.12.

Walt Disney Company (The) (NYSE:DIS) last issued its earnings results on Tuesday, August 8th. The entertainment giant reported $1.58 EPS for the quarter, topping the consensus estimate of $1.53 by $0.05. The company had revenue of $14.24 billion for the quarter, compared to analyst estimates of $14.44 billion. Walt Disney Company (The) had a net margin of 16.22% and a return on equity of 19.69%. The business’s revenue was down .3% on a year-over-year basis. During the same period in the previous year, the firm earned $1.62 EPS. On average, equities analysts predict that Walt Disney Company will post $5.79 EPS for the current fiscal year.

In related news, Director Maria Elena Lagomasino bought 976 shares of the firm’s stock in a transaction on Thursday, August 10th. The shares were bought at an average cost of $102.34 per share, for a total transaction of $99,883.84. Following the transaction, the director now owns 7,513 shares of the company’s stock, valued at $768,880.42. The purchase was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 13.00% of the stock is currently owned by insiders.

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

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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.

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