Walt Disney Company (The) (NYSE:DIS)‘s stock had its “outperform” rating reaffirmed by Credit Suisse Group in a research report issued to clients and investors on Wednesday. They currently have a $120.00 price objective on the entertainment giant’s stock, down from their prior price objective of $125.00. Credit Suisse Group’s target price points to a potential upside of 12.17% from the stock’s previous close.

A number of other analysts have also issued reports on DIS. Piper Jaffray Companies set a $130.00 target price on Walt Disney Company (The) and gave the stock a “buy” rating in a research report on Wednesday. Bank of America Corporation set a $125.00 target price on Walt Disney Company (The) and gave the stock a “hold” rating in a research report on Saturday, June 24th. BidaskClub raised Walt Disney Company (The) from a “hold” rating to a “buy” rating in a research report on Wednesday, August 2nd. Royal Bank Of Canada set a $130.00 target price on Walt Disney Company (The) and gave the stock a “buy” rating in a research report on Monday, June 12th. Finally, Wells Fargo & Company reaffirmed a “market perform” rating and set a $111.00 target price on shares of Walt Disney Company (The) in a research report on Wednesday, May 10th. Six equities research 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) has a consensus rating of “Hold” and an average price target of $115.79.

Walt Disney Company (NYSE DIS) opened at 106.98 on Wednesday. Walt Disney Company has a 52-week low of $90.32 and a 52-week high of $116.10. The firm has a market capitalization of $167.41 billion, a PE ratio of 18.66 and a beta of 1.40. The stock’s 50 day moving average price is $106.20 and its 200 day moving average price is $109.38. Walt Disney Company (The) also saw some unusual options trading on Monday. Stock traders bought 26,917 put options on the stock. This is an increase of 352% compared to the typical daily volume of 5,955 put options.

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

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

Several hedge funds and other institutional investors have recently bought and sold shares of DIS. Lee Financial Co boosted its position in Walt Disney Company (The) by 7.6% in the second quarter. Lee Financial Co now owns 1,052 shares of the entertainment giant’s stock valued at $112,000 after buying an additional 74 shares in the last quarter. Thomas J. Herzfeld Advisors Inc. bought a new position in Walt Disney Company (The) during the fourth quarter valued at about $110,000. Sumitomo Mitsui Financial Group Inc. bought a new position in Walt Disney Company (The) during the first quarter valued at about $144,000. BDO Wealth Advisors LLC bought a new position in Walt Disney Company (The) during the second quarter valued at about $153,000. Finally, Feltz Wealth PLAN Inc. bought a new position in Walt Disney Company (The) during the first quarter valued at about $173,000. 62.42% 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.

Analyst Recommendations for Walt Disney Company (The) (NYSE:DIS)

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