Investors purchased shares of Walt Disney Company (The) (NYSE:DIS) on weakness during trading hours on Thursday. $245.58 million flowed into the stock on the tick-up and $162.61 million flowed out of the stock on the tick-down, for a money net flow of $82.97 million into the stock. Of all stocks tracked, Walt Disney Company (The) had the 8th highest net in-flow for the day. Walt Disney Company (The) traded down ($1.62) for the day and closed at $96.93

Several research analysts recently weighed in on DIS shares. BidaskClub upgraded shares of Walt Disney Company (The) from a “sell” rating to a “hold” rating in a research report on Monday, July 24th. Piper Jaffray Companies set a $130.00 price objective on shares of Walt Disney Company (The) and gave the stock a “buy” rating in a research report on Tuesday, August 22nd. Loop Capital restated a “hold” rating and issued a $104.00 price objective (down from $106.00) on shares of Walt Disney Company (The) in a research report on Friday, September 8th. Zacks Investment Research cut shares of Walt Disney Company (The) from a “hold” rating to a “sell” rating in a research report on Tuesday, July 11th. Finally, Vetr upgraded shares of Walt Disney Company (The) from a “buy” rating to a “strong-buy” rating and set a $110.51 price objective on the stock in a research report on Wednesday. Five investment analysts have rated the stock with a sell rating, fifteen have issued a hold rating, sixteen have issued a buy rating and two have given a strong buy rating to the stock. The company has an average rating of “Hold” and an average target price of $113.97.

The firm’s 50-day moving average is $99.58 and its 200-day moving average is $106.00. The company has a market cap of $149.61 billion, a PE ratio of 17.19 and a beta of 1.40.

Walt Disney Company (The) (NYSE:DIS) last announced its quarterly earnings data on Tuesday, August 8th. The entertainment giant reported $1.58 EPS for the quarter, topping the Zacks’ consensus estimate of $1.53 by $0.05. Walt Disney Company (The) had a return on equity of 19.69% and a net margin of 16.22%. The firm had revenue of $14.24 billion for the quarter, compared to the consensus estimate of $14.44 billion. During the same quarter last year, the business posted $1.62 earnings per share. The firm’s revenue was down .3% compared to the same quarter last year. On average, analysts forecast that Walt Disney Company will post $5.79 earnings per share for the current year.

In other Walt Disney Company (The) news, Director Maria Elena Lagomasino bought 976 shares of the business’s stock in a transaction on Thursday, August 10th. The stock was bought at an average price of $102.34 per share, with a total value of $99,883.84. Following the completion of the purchase, the director now directly owns 7,513 shares in the company, valued at $768,880.42. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 0.38% of the stock is owned by company insiders.

Several hedge funds and other institutional investors have recently modified their holdings of the company. Vanguard Group Inc. grew its stake in shares of 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 valued at $10,497,824,000 after buying an additional 2,131,932 shares in the last quarter. State Street Corp boosted its holdings in Walt Disney Company (The) by 0.7% in the first quarter. State Street Corp now owns 67,739,871 shares of the entertainment giant’s stock valued at $7,681,023,000 after purchasing an additional 456,053 shares during the period. Northern Trust Corp boosted its holdings in Walt Disney Company (The) by 2.5% in the second quarter. Northern Trust Corp now owns 20,462,287 shares of the entertainment giant’s stock valued at $2,174,118,000 after purchasing an additional 500,349 shares during the period. Fisher Asset Management LLC boosted its holdings in Walt Disney Company (The) by 1.2% in the first quarter. Fisher Asset Management LLC now owns 8,846,672 shares of the entertainment giant’s stock valued at $1,003,124,000 after purchasing an additional 101,808 shares during the period. Finally, Legal & General Group Plc boosted its holdings in Walt Disney Company (The) by 5.3% in the second quarter. Legal & General Group Plc now owns 7,885,053 shares of the entertainment giant’s stock valued at $837,761,000 after purchasing an additional 394,012 shares during the period. 61.38% of the stock is owned by institutional investors and hedge funds.

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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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