Traders sold shares of Walt Disney Company (The) (NYSE:DIS) on strength during trading on Tuesday. $141.57 million flowed into the stock on the tick-up and $199.73 million flowed out of the stock on the tick-down, for a money net flow of $58.16 million out of the stock. Of all companies tracked, Walt Disney Company (The) had the 4th highest net out-flow for the day. Walt Disney Company (The) traded up $0.63 for the day and closed at $106.98

DIS has been the subject of a number of analyst reports. Vetr upgraded Walt Disney Company (The) from a “hold” rating to a “buy” rating and set a $118.01 price target for the company in a research report on Monday, April 10th. Goldman Sachs Group, Inc. (The) set a $138.00 price target on Walt Disney Company (The) and gave the company a “buy” rating in a research report on Tuesday, April 11th. J P Morgan Chase & Co restated an “overweight” rating and issued a $124.00 price target on shares of Walt Disney Company (The) in a research report on Tuesday, April 11th. Guggenheim reiterated a “buy” rating and issued a $128.00 price objective on shares of Walt Disney Company (The) in a research report on Tuesday, April 11th. Finally, Morgan Stanley increased their price objective on Walt Disney Company (The) from $124.00 to $130.00 and gave the stock an “overweight” rating in a research report on Thursday, April 20th. Six investment analysts have rated the stock with a sell rating, fourteen have issued a hold rating and seventeen have given a buy rating to the company’s stock. Walt Disney Company (The) presently has a consensus rating of “Hold” and a consensus price target of $115.95.

The stock’s 50 day moving average price is $106.20 and its 200-day moving average price is $109.38. The company has a market capitalization of $167.41 billion, a P/E ratio of 18.66 and a beta of 1.40. Walt Disney Company (The) also was the target of some unusual options trading activity on Monday. Traders purchased 26,917 put options on the stock. This represents an increase of 352% compared to the average daily volume of 5,955 put options.

Walt Disney Company (The) (NYSE:DIS) last posted its quarterly earnings data on Tuesday, August 8th. The entertainment giant reported $1.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.55 by $0.03. The business had revenue of $14.24 billion during the quarter, compared to analysts’ expectations of $14.44 billion. Walt Disney Company (The) had a net margin of 16.63% and a return on equity of 19.81%. The business’s revenue was down .3% on a year-over-year basis. During the same period last year, the firm posted $1.62 earnings per share. Analysts anticipate that Walt Disney Company will post $5.90 earnings per share for the current year.

The business also recently disclosed a Semi-Annual dividend, which was paid on Thursday, July 27th. Stockholders of record on Monday, July 10th were issued a $0.78 dividend. The ex-dividend date of this dividend was Thursday, July 6th. Walt Disney Company (The)’s dividend payout ratio (DPR) is presently 27.18%.

In other news, Chairman Robert A. Iger sold 797,578 shares of the stock in a transaction that occurred on Friday, June 9th. The shares were sold at an average price of $105.09, for a total value of $83,817,472.02. Following the completion of the transaction, the chairman now directly owns 1,566,484 shares in the company, valued at $164,621,803.56. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Susan E. Arnold sold 12,143 shares of the stock in a transaction that occurred on Thursday, May 11th. The shares were sold at an average price of $109.02, for a total transaction of $1,323,829.86. Following the completion of the transaction, the director now owns 48,673 shares of the company’s stock, valued at $5,306,330.46. The disclosure for this sale can be found here. Company insiders own 13.00% of the company’s stock.

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Capital International Inc. CA boosted its position in Walt Disney Company (The) by 22.8% in the fourth quarter. Capital International Inc. CA now owns 31,940 shares of the entertainment giant’s stock valued at $3,329,000 after buying an additional 5,940 shares during the period. Horizon Kinetics LLC boosted its stake in shares of Walt Disney Company (The) by 3.5% in the fourth quarter. Horizon Kinetics LLC now owns 4,435 shares of the entertainment giant’s stock worth $462,000 after buying an additional 150 shares during the last quarter. Congress Asset Management Co. MA acquired a new stake in shares of Walt Disney Company (The) during the fourth quarter worth $50,915,000. Ladenburg Thalmann Financial Services Inc. boosted its stake in shares of Walt Disney Company (The) by 8.8% in the fourth quarter. Ladenburg Thalmann Financial Services Inc. now owns 246,959 shares of the entertainment giant’s stock worth $25,690,000 after buying an additional 20,040 shares during the last quarter. Finally, HCR Wealth Advisors acquired a new stake in shares of Walt Disney Company (The) during the fourth quarter worth $2,625,000. Institutional investors and hedge funds own 62.42% of the company’s stock.

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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.

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