Investors sold shares of Walt Disney Company (The) (NYSE:DIS) on strength during trading hours on Friday. $96.06 million flowed into the stock on the tick-up and $207.97 million flowed out of the stock on the tick-down, for a money net flow of $111.91 million out of the stock. Of all equities tracked, Walt Disney Company (The) had the 0th highest net out-flow for the day. Walt Disney Company (The) traded up $0.30 for the day and closed at $101.50

DIS has been the subject of several recent research reports. Goldman Sachs Group, Inc. (The) set a $134.00 price objective on Walt Disney Company (The) and gave the company a “buy” rating in a research note on Saturday, May 20th. Macquarie downgraded Walt Disney Company (The) from an “outperform” rating to a “neutral” rating and upped their price objective for the company from $90.32 to $105.00 in a research note on Wednesday, May 17th. Deutsche Bank AG reaffirmed a “buy” rating and issued a $125.00 price objective (down previously from $130.00) on shares of Walt Disney Company (The) in a research note on Monday, May 15th. Zacks Investment Research downgraded Walt Disney Company (The) from a “hold” rating to a “sell” rating in a research note on Tuesday, July 11th. Finally, Rosenblatt Securities upped their price objective on Walt Disney Company (The) from $120.00 to $125.00 and gave the company a “neutral” rating in a research note on Monday, May 8th. Five equities research analysts have rated the stock with a sell rating, seventeen have assigned a hold rating and sixteen have assigned a buy rating to the company. Walt Disney Company (The) currently has an average rating of “Hold” and an average target price of $114.58.

The firm has a market capitalization of $156.66 billion, a PE ratio of 18.00 and a beta of 1.42. The stock’s 50 day moving average is $104.72 and its 200 day moving average is $108.42.

Walt Disney Company (The) (NYSE:DIS) last posted its quarterly earnings data on Tuesday, August 8th. The entertainment giant reported $1.58 EPS for the quarter, beating analysts’ consensus estimates of $1.53 by $0.05. The company had revenue of $14.24 billion during the quarter, compared to analysts’ expectations of $14.44 billion. Walt Disney Company (The) had a return on equity of 19.69% and a net margin of 16.22%. Walt Disney Company (The)’s revenue for the quarter was down .3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.62 earnings per share. On average, equities research analysts predict that Walt Disney Company will post $5.88 earnings per share for the current year.

In other news, Director Maria Elena Lagomasino acquired 976 shares of Walt Disney Company (The) stock in a transaction that occurred on Thursday, August 10th. The stock was bought at an average price of $102.34 per share, for a total transaction of $99,883.84. Following the completion of the transaction, the director now owns 7,513 shares in the company, valued at $768,880.42. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Chairman Robert A. Iger sold 797,578 shares of the company’s stock in a transaction 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 sale, the chairman now owns 1,566,484 shares of the company’s stock, valued at approximately $164,621,803.56. The disclosure for this sale can be found here. 0.38% of the stock is currently owned by corporate insiders.

A number of hedge funds have recently bought and sold shares of the stock. Harwood Advisory Group LLC boosted its stake in Walt Disney Company (The) by 0.6% in the second quarter. Harwood Advisory Group LLC now owns 2,071 shares of the entertainment giant’s stock worth $220,000 after buying an additional 12 shares during the period. HM Capital Management LLC boosted its stake in Walt Disney Company (The) by 0.5% in the first quarter. HM Capital Management LLC now owns 2,690 shares of the entertainment giant’s stock worth $305,000 after buying an additional 14 shares during the period. Tortoise Investment Management LLC boosted its stake in Walt Disney Company (The) by 0.6% in the second quarter. Tortoise Investment Management LLC now owns 2,269 shares of the entertainment giant’s stock worth $241,000 after buying an additional 14 shares during the period. Burt Wealth Advisors boosted its stake in Walt Disney Company (The) by 0.5% in the second quarter. Burt Wealth Advisors now owns 3,182 shares of the entertainment giant’s stock worth $338,000 after buying an additional 15 shares during the period. Finally, Barton Investment Management boosted its stake in Walt Disney Company (The) by 0.3% in the first quarter. Barton Investment Management now owns 7,732 shares of the entertainment giant’s stock worth $876,000 after buying an additional 20 shares during the period. Institutional investors own 61.46% 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.