Walt Disney (NYSE:DIS) Price Target Lowered to $105.00 at UBS Group

Walt Disney (NYSE:DIS) had its target price lowered by equities research analysts at UBS Group from $130.00 to $105.00 in a research report issued on Tuesday,Benzinga reports. The firm presently has a “buy” rating on the entertainment giant’s stock. UBS Group’s target price suggests a potential upside of 22.27% from the stock’s current price.

DIS has been the subject of a number of other research reports. Rosenblatt Securities reaffirmed a “buy” rating and issued a $135.00 price target on shares of Walt Disney in a report on Monday, February 10th. Morgan Stanley boosted their target price on Walt Disney from $125.00 to $130.00 and gave the company an “overweight” rating in a research report on Thursday, February 6th. Loop Capital boosted their price objective on shares of Walt Disney from $125.00 to $130.00 and gave the company a “buy” rating in a research report on Tuesday, March 4th. Barclays dropped their price target on shares of Walt Disney from $125.00 to $115.00 and set an “overweight” rating for the company in a research note on Tuesday, April 8th. Finally, Needham & Company LLC restated a “buy” rating and set a $130.00 target price on shares of Walt Disney in a research report on Wednesday, February 5th. Six research analysts have rated the stock with a hold rating, sixteen have assigned a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $124.48.

Walt Disney Price Performance

Shares of DIS traded up $1.21 during mid-day trading on Tuesday, reaching $85.87. The stock had a trading volume of 2,464,553 shares, compared to its average volume of 9,761,354. The firm has a market cap of $155.24 billion, a price-to-earnings ratio of 28.00, a PEG ratio of 1.80 and a beta of 1.44. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.62 and a current ratio of 0.68. The business has a fifty day moving average of $101.31 and a 200 day moving average of $104.75. Walt Disney has a 12 month low of $80.10 and a 12 month high of $118.63.

Walt Disney (NYSE:DIS) last issued its earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.44 by $0.32. Walt Disney had a return on equity of 9.95% and a net margin of 6.07%. Equities analysts predict that Walt Disney will post 5.47 EPS for the current year.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the company. Mpwm Advisory Solutions LLC acquired a new stake in Walt Disney during the fourth quarter worth about $27,000. FPC Investment Advisory Inc. acquired a new position in shares of Walt Disney during the 4th quarter worth about $28,000. Tacita Capital Inc increased its position in shares of Walt Disney by 93.2% during the fourth quarter. Tacita Capital Inc now owns 257 shares of the entertainment giant’s stock worth $29,000 after purchasing an additional 124 shares in the last quarter. Pilgrim Partners Asia Pte Ltd purchased a new position in shares of Walt Disney in the fourth quarter worth about $32,000. Finally, Midwest Capital Advisors LLC purchased a new stake in shares of Walt Disney in the fourth quarter valued at approximately $34,000. 65.71% of the stock is currently owned by hedge funds and other institutional investors.

Walt Disney Company Profile

The Walt Disney Company operates as an entertainment company worldwide. It operates through three segments: Entertainment, Sports, and Experiences. The company produces and distributes film and television video streaming content under the ABC Television Network, Disney, Freeform, FX, Fox, National Geographic, and Star brand television channels, as well as ABC television stations and A+E television networks; and produces original content under the ABC Signature, Disney Branded Television, FX Productions, Lucasfilm, Marvel, National Geographic Studios, Pixar, Searchlight Pictures, Twentieth Century Studios, 20th Television, and Walt Disney Pictures banners.