Walt Disney Company (The) (NYSE:DIS) was upgraded by Vetr from a “hold” rating to a “buy” rating in a report released on Thursday. The firm presently has a $107.66 price objective on the entertainment giant’s stock. Vetr‘s price objective points to a potential upside of 6.23% from the stock’s current price.

Several other equities research analysts also recently commented on the stock. Deutsche Bank AG restated a “buy” rating and issued a $125.00 target price on shares of Walt Disney Company (The) in a research note on Thursday. Loop Capital restated a “hold” rating and issued a $108.00 target price on shares of Walt Disney Company (The) in a research note on Thursday. BMO Capital Markets restated an “underperform” rating and issued a $90.00 target price (down previously from $95.00) on shares of Walt Disney Company (The) in a research note on Thursday. Cowen and Company restated a “hold” rating and issued a $95.00 target price on shares of Walt Disney Company (The) in a research note on Thursday. Finally, Wells Fargo & Company restated a “market perform” rating and issued a $109.00 target price on shares of Walt Disney Company (The) in a research note on Thursday. Six equities research analysts have rated the stock with a sell rating, fifteen have given a hold rating and seventeen have given a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of $115.22.

Walt Disney Company (NYSE:DIS) traded down 1.44% during trading on Thursday, reaching $101.35. 12,259,908 shares of the company’s stock traded hands. The firm’s 50 day moving average is $106.14 and its 200-day moving average is $109.28. The company has a market capitalization of $158.31 billion, a price-to-earnings ratio of 17.98 and a beta of 1.40. Walt Disney Company has a 12 month low of $90.32 and a 12 month high of $116.10. Walt Disney Company (The) also saw some unusual options trading activity on Monday. Stock investors bought 26,917 put options on the stock. This represents an increase of approximately 352% compared to the typical daily volume of 5,955 put options.

Walt Disney Company (The) (NYSE:DIS) last issued its earnings results on Tuesday, August 8th. The entertainment giant reported $1.58 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.53 by $0.05. Walt Disney Company (The) had a net margin of 16.22% and a return on equity of 19.57%. The company had revenue of $14.24 billion for the quarter, compared to the consensus estimate of $14.44 billion. During the same quarter in the previous year, the company earned $1.62 EPS. The firm’s revenue for the quarter was down .3% compared to the same quarter last year. Analysts expect that Walt Disney Company will post $5.90 EPS for the current fiscal 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 that occurred on Friday, June 9th. The stock was sold at an average price of $105.09, for a total transaction of $83,817,472.02. Following the completion of the transaction, the chairman now owns 1,566,484 shares of the company’s stock, valued at approximately $164,621,803.56. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Corporate insiders own 0.38% of the company’s stock.

Large investors have recently added to or reduced their stakes in the stock. HCR Wealth Advisors bought a new stake in Walt Disney Company (The) during the fourth quarter valued at approximately $2,625,000. Ladenburg Thalmann Financial Services Inc. increased its stake in 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 valued at $25,690,000 after buying an additional 20,040 shares during the last quarter. Congress Asset Management Co. MA bought a new stake in Walt Disney Company (The) during the fourth quarter valued at approximately $50,915,000. Horizon Kinetics LLC increased its stake in 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 valued at $462,000 after buying an additional 150 shares during the last quarter. Finally, Capital International Inc. CA increased its stake 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 last quarter. 62.42% of the stock is owned by institutional investors.

About Walt Disney Company (The)

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.

To view Vetr’s full report, visit Vetr’s official website.

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

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