Traders bought shares of Walt Disney Company (The) (NYSE:DIS) on weakness during trading hours 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

DIS has been the topic of a number of analyst reports. BidaskClub raised Walt Disney Company (The) from a “sell” rating to a “hold” rating in a report on Monday, July 24th. Credit Suisse Group reissued a “buy” rating and set a $125.00 price objective on shares of Walt Disney Company (The) in a report on Sunday, May 28th. Macquarie lowered Walt Disney Company (The) from an “outperform” rating to a “neutral” rating and increased their price objective for the company from $90.32 to $105.00 in a report on Wednesday, May 17th. Deutsche Bank AG reissued a “buy” rating and set a $125.00 price objective (down previously from $130.00) on shares of Walt Disney Company (The) in a report on Monday, May 15th. Finally, Piper Jaffray Companies set a $130.00 price objective on Walt Disney Company (The) and gave the company a “buy” rating in a report on Tuesday, August 22nd. Four investment analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and nineteen have issued a buy rating to the company’s stock. Walt Disney Company (The) has an average rating of “Hold” and a consensus price target of $114.76.

The company’s 50 day moving average is $104.22 and its 200-day moving average is $108.18. The stock has a market capitalization of $149.81 billion, a P/E ratio of 17.22 and a beta of 1.42.

Walt Disney Company (The) (NYSE:DIS) last announced its quarterly earnings results on Tuesday, August 8th. The entertainment giant reported $1.58 EPS for the quarter, beating the Zacks’ consensus estimate 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 company had revenue of $14.24 billion during the quarter, compared to analysts’ expectations of $14.44 billion. During the same period in the prior year, the company earned $1.62 EPS. Walt Disney Company (The)’s revenue was down .3% compared to the same quarter last year. Equities analysts predict that Walt Disney Company will post $5.88 earnings per share for the current fiscal year.

In other news, Director Maria Elena Lagomasino purchased 976 shares of the company’s stock in a transaction dated Thursday, August 10th. The stock was bought at an average cost of $102.34 per share, for a total transaction of $99,883.84. Following the purchase, the director now owns 7,513 shares of the company’s stock, valued at $768,880.42. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 0.38% of the stock is currently owned by corporate insiders.

Several institutional investors and hedge funds have recently made changes to their positions in the company. Harwood Advisory Group LLC lifted its stake in shares of Walt Disney Company (The) by 0.6% in the 2nd quarter. Harwood Advisory Group LLC now owns 2,071 shares of the entertainment giant’s stock valued at $220,000 after acquiring an additional 12 shares during the last quarter. HM Capital Management LLC lifted its stake in shares of Walt Disney Company (The) by 0.5% in the 1st quarter. HM Capital Management LLC now owns 2,690 shares of the entertainment giant’s stock valued at $305,000 after acquiring an additional 14 shares during the last quarter. Tortoise Investment Management LLC lifted its stake in shares of Walt Disney Company (The) by 0.6% in the 2nd quarter. Tortoise Investment Management LLC now owns 2,269 shares of the entertainment giant’s stock valued at $241,000 after acquiring an additional 14 shares during the last quarter. Burt Wealth Advisors lifted its stake in shares of Walt Disney Company (The) by 0.5% in the 2nd quarter. Burt Wealth Advisors now owns 3,182 shares of the entertainment giant’s stock valued at $338,000 after acquiring an additional 15 shares during the last quarter. Finally, Barton Investment Management lifted its stake in shares of Walt Disney Company (The) by 0.3% in the 1st quarter. Barton Investment Management now owns 7,732 shares of the entertainment giant’s stock valued at $876,000 after acquiring an additional 20 shares during the last quarter. Institutional investors own 61.47% of the company’s stock.

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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.

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