Investors bought shares of Walt Disney Company (The) (NYSE:DIS) on weakness during trading on Wednesday. $13.22 million flowed into the stock on the tick-up and $2.19 million flowed out of the stock on the tick-down, for a money net flow of $11.03 million into the stock. Of all equities tracked, Walt Disney Company (The) had the 3rd highest net in-flow for the day. Walt Disney Company (The) traded down ($0.12) for the day and closed at $101.48

A number of analysts recently issued reports on DIS shares. Goldman Sachs Group, Inc. (The) set a $134.00 target price on Walt Disney Company (The) and gave the stock a “buy” rating in a research note on Saturday, May 20th. Macquarie cut Walt Disney Company (The) from an “outperform” rating to a “neutral” rating and increased their target price for the stock from $90.32 to $105.00 in a research note on Wednesday, May 17th. Deutsche Bank AG reissued a “buy” rating and set a $125.00 target price (down from $130.00) on shares of Walt Disney Company (The) in a research note on Monday, May 15th. Zacks Investment Research cut Walt Disney Company (The) from a “hold” rating to a “sell” rating in a research note on Tuesday, July 11th. Finally, Guggenheim reissued a “buy” rating and set a $122.00 target price (down from $128.00) on shares of Walt Disney Company (The) in a research note on Wednesday, July 12th. Four equities research analysts have rated the stock with a sell rating, sixteen have issued a hold rating and eighteen have given a buy rating to the stock. Walt Disney Company (The) presently has a consensus rating of “Hold” and an average price target of $115.22.

The stock has a market cap of $156.66 billion, a PE ratio of 18.00 and a beta of 1.42. The firm has a 50-day moving average of $104.62 and a 200-day moving average of $108.31.

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

In related news, Chairman Robert A. Iger sold 797,578 shares of the stock in a transaction dated 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 sale, the chairman now owns 1,566,484 shares of the company’s stock, valued at approximately $164,621,803.56. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Maria Elena Lagomasino acquired 976 shares of the company’s stock in a transaction that occurred on Thursday, August 10th. The shares were bought at an average cost of $102.34 per share, for a total transaction of $99,883.84. Following the acquisition, the director now directly owns 7,513 shares in the company, valued at approximately $768,880.42. The disclosure for this purchase can be found here. 13.00% of the stock is owned by corporate insiders.

A number of institutional investors and hedge funds have recently modified their holdings of DIS. Raymond James Trust N.A. lifted its holdings in Walt Disney Company (The) by 3.3% during the 1st quarter. Raymond James Trust N.A. now owns 99,642 shares of the entertainment giant’s stock worth $11,298,000 after purchasing an additional 3,164 shares in the last quarter. Nadler Financial Group Inc. lifted its holdings in Walt Disney Company (The) by 1.9% during the 1st quarter. Nadler Financial Group Inc. now owns 10,298 shares of the entertainment giant’s stock worth $1,168,000 after purchasing an additional 194 shares in the last quarter. Waverton Investment Management Ltd lifted its holdings in Walt Disney Company (The) by 0.6% during the 1st quarter. Waverton Investment Management Ltd now owns 14,870 shares of the entertainment giant’s stock worth $1,686,000 after purchasing an additional 90 shares in the last quarter. S&CO Inc. lifted its holdings in Walt Disney Company (The) by 2.2% during the 1st quarter. S&CO Inc. now owns 2,760 shares of the entertainment giant’s stock worth $313,000 after purchasing an additional 60 shares in the last quarter. Finally, Cordasco Financial Network lifted its holdings in Walt Disney Company (The) by 2.4% during the 1st quarter. Cordasco Financial Network now owns 1,549 shares of the entertainment giant’s stock worth $176,000 after purchasing an additional 37 shares in the last quarter. 61.47% of the stock is currently owned by institutional investors and hedge funds.

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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.