The Walt Disney Co. (NYSE:DIS) traded down 1.4% during trading on Wednesday . The company traded as low as $97.14 and last traded at $98.08, with a volume of 7,031,464 shares traded. The stock had previously closed at $99.47.

A number of research analysts have issued reports on DIS shares. Royal Bank Of Canada restated a “sector perform” rating on shares of The Walt Disney in a research report on Friday, May 13th. Piper Jaffray Cos. restated an “overweight” rating and set a $120.00 target price on shares of The Walt Disney in a research report on Tuesday, May 10th. Jefferies Group restated a “hold” rating and set a $92.00 target price (down from $101.05) on shares of The Walt Disney in a research report on Wednesday, May 11th. Credit Suisse Group AG cut their target price on shares of The Walt Disney from $130.00 to $128.00 and set an “outperform” rating on the stock in a research report on Thursday, May 12th. Finally, Hilliard Lyons restated a “buy” rating on shares of The Walt Disney in a research report on Saturday, May 14th. Three analysts have rated the stock with a sell rating, fourteen have given a hold rating and sixteen have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of $109.52.

The firm has a market cap of $158.68 billion and a PE ratio of 18.009. The stock’s 50-day moving average price is $98.41 and its 200-day moving average price is $98.40.

The Walt Disney (NYSE:DIS) last issued its quarterly earnings data on Tuesday, May 10th. The entertainment giant reported $1.36 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.40 by $0.04. The company earned $12.97 billion during the quarter, compared to analyst estimates of $13.22 billion. The business’s quarterly revenue was up 4.1% compared to the same quarter last year. During the same quarter last year, the business earned $1.23 earnings per share. On average, equities analysts forecast that The Walt Disney Co. will post $5.81 EPS for the current year.

The business also recently disclosed a semiannual dividend, which will be paid on Thursday, July 28th. Investors of record on Monday, July 11th will be issued a dividend of $0.71 per share. The ex-dividend date is Thursday, July 7th. This represents a yield of 1.45%.

In other The Walt Disney news, Director Maria Elena Lagomasino purchased 980 shares of the stock in a transaction on Thursday, May 12th. The shares were purchased at an average price of $101.98 per share, with a total value of $99,940.40. Following the acquisition, the director now directly owns 2,820 shares in the company, valued at approximately $287,583.60. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, EVP Brent Woodford sold 2,500 shares of the firm’s stock in a transaction dated Monday, May 9th. The shares were sold at an average price of $106.50, for a total value of $266,250.00. Following the completion of the sale, the executive vice president now directly owns 27,975 shares in the company, valued at approximately $2,979,337.50. The disclosure for this sale can be found here.

Other institutional investors have recently made changes to their positions in the company. Toth Financial boosted its position in shares of The Walt Disney by 2.6% in the fourth quarter. Toth Financial now owns 71,056 shares of the entertainment giant’s stock worth $7,467,000 after buying an additional 1,774 shares in the last quarter. WealthTrust Fairport LLC boosted its position in shares of The Walt Disney by 80.3% in the fourth quarter. WealthTrust Fairport LLC now owns 35,686 shares of the entertainment giant’s stock worth $3,750,000 after buying an additional 15,890 shares in the last quarter. WestEnd Advisors LLC boosted its position in shares of The Walt Disney by 0.7% in the fourth quarter. WestEnd Advisors LLC now owns 940,518 shares of the entertainment giant’s stock worth $98,830,000 after buying an additional 6,431 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in shares of The Walt Disney by 6.6% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 450,280 shares of the entertainment giant’s stock worth $47,315,000 after buying an additional 27,765 shares in the last quarter. Finally, IPG Investment Advisors LLC boosted its position in shares of The Walt Disney by 1.3% in the fourth quarter. IPG Investment Advisors LLC now owns 58,735 shares of the entertainment giant’s stock worth $6,174,000 after buying an additional 750 shares in the last quarter.

The Walt Disney Company, incorporated on July 28, 1995, together with its subsidiaries and affiliates, is a diversified international family entertainment and media enterprise with five business segments: media networks, parks and resorts, studio entertainment, consumer products and interactive media.

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