Vetr upgraded shares of Walt Disney Company (The) (NYSE:DIS) from a hold rating to a buy rating in a research note released on Thursday. Vetr currently has $112.99 price target on the entertainment giant’s stock.

A number of other equities research analysts have also commented on the company. Pivotal Research reiterated a sell rating and issued a $85.00 price target (down previously from $102.00) on shares of Walt Disney Company (The) in a research report on Thursday. Drexel Hamilton reiterated a hold rating and issued a $107.00 price target on shares of Walt Disney Company (The) in a research report on Thursday. Credit Suisse Group reiterated an outperform rating on shares of Walt Disney Company (The) in a research report on Wednesday. Royal Bank Of Canada upgraded Walt Disney Company (The) from a sector perform rating to an outperform rating and upped their price target for the company from $101.00 to $130.00 in a research report on Friday, January 6th. Finally, RBC Capital Markets upgraded Walt Disney Company (The) from a sector perform rating to an outperform rating and upped their price target for the company from $101.00 to $130.00 in a research report on Thursday, January 5th. Four investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating, eighteen have issued a buy rating and one has issued a strong buy rating to the company. The company has a consensus rating of Hold and a consensus target price of $110.64.

Walt Disney Company (NYSE:DIS) traded up 0.49% during midday trading on Thursday, hitting $108.06. The stock had a trading volume of 6,470,250 shares. The company’s 50 day moving average price is $104.06 and its 200-day moving average price is $97.26. The stock has a market capitalization of $171.97 billion, a price-to-earnings ratio of 18.86 and a beta of 1.23. Walt Disney Company has a 52 week low of $86.25 and a 52 week high of $109.49.

Walt Disney Company (The) (NYSE:DIS) last released its quarterly earnings results on Thursday, November 10th. The entertainment giant reported $1.10 EPS for the quarter, missing analysts’ consensus estimates of $1.16 by $0.06. Walt Disney Company (The) had a net margin of 16.88% and a return on equity of 19.81%. The company earned $13.14 billion during the quarter, compared to the consensus estimate of $13.71 billion. During the same quarter last year, the firm posted $1.20 EPS. The company’s quarterly revenue was down 2.7% on a year-over-year basis. Equities analysts anticipate that Walt Disney Company will post $5.93 earnings per share for the current fiscal year.

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The business also recently disclosed a semiannual dividend, which was paid on Wednesday, January 11th. Stockholders of record on Monday, December 12th were issued a $0.78 dividend. The ex-dividend date was Thursday, December 8th. This represents a dividend yield of 1.58%. This is an increase from Walt Disney Company (The)’s previous semiannual dividend of $0.71. Walt Disney Company (The)’s payout ratio is currently 27.27%.

In other news, EVP Alan N. Braverman sold 19,871 shares of Walt Disney Company (The) stock in a transaction dated Wednesday, November 16th. The stock was sold at an average price of $99.00, for a total value of $1,967,229.00. Following the transaction, the executive vice president now owns 135,614 shares in the company, valued at $13,425,786. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, EVP Brent Woodford sold 2,500 shares of the firm’s stock in a transaction dated Thursday, December 8th. The stock was sold at an average price of $103.72, for a total value of $259,300.00. Following the completion of the sale, the executive vice president now directly owns 30,245 shares in the company, valued at $3,137,011.40. The disclosure for this sale can be found here. 13.00% of the stock is owned by insiders.

Several hedge funds have recently bought and sold shares of the company. BLB&B Advisors LLC boosted its stake in Walt Disney Company (The) by 1.9% in the second quarter. BLB&B Advisors LLC now owns 33,732 shares of the entertainment giant’s stock valued at $3,300,000 after buying an additional 635 shares during the last quarter. Vigilant Capital Management LLC boosted its stake in Walt Disney Company (The) by 2.5% in the second quarter. Vigilant Capital Management LLC now owns 2,913 shares of the entertainment giant’s stock valued at $285,000 after buying an additional 72 shares during the last quarter. Palladium Partners LLC boosted its stake in Walt Disney Company (The) by 2.6% in the second quarter. Palladium Partners LLC now owns 170,939 shares of the entertainment giant’s stock valued at $16,721,000 after buying an additional 4,253 shares during the last quarter. Fox Run Management L.L.C. boosted its stake in Walt Disney Company (The) by 14.0% in the second quarter. Fox Run Management L.L.C. now owns 6,500 shares of the entertainment giant’s stock valued at $636,000 after buying an additional 800 shares during the last quarter. Finally, Investment Counsel Inc. boosted its stake in Walt Disney Company (The) by 7.8% in the second quarter. Investment Counsel Inc. now owns 29,835 shares of the entertainment giant’s stock valued at $2,918,000 after buying an additional 2,168 shares during the last quarter. 56.73% of the stock is currently owned by institutional investors.

Walt Disney Company (The) Company Profile

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.

5 Day Chart for NYSE:DIS

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