Several other equities research analysts also recently weighed in on the company. Truist Financial decreased their price target on Walt Disney from $200.00 to $160.00 and set a “buy” rating for the company in a report on Wednesday, March 16th. Atlantic Securities reduced their target price on Walt Disney from $172.00 to $167.00 and set a “neutral” rating for the company in a report on Thursday, February 10th. Citigroup dropped their price objective on Walt Disney from $210.00 to $200.00 and set a “buy” rating for the company in a research report on Thursday, February 17th. Wells Fargo & Company dropped their price objective on Walt Disney from $182.00 to $153.00 in a research report on Thursday, May 12th. Finally, Tigress Financial reiterated a “buy” rating and set a $229.00 price objective on shares of Walt Disney in a research report on Friday, April 1st. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and seventeen have issued a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of $176.16.
DIS stock opened at $103.14 on Friday. The company’s 50 day moving average price is $125.17 and its 200 day moving average price is $142.07. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.01 and a current ratio of 1.06. Walt Disney has a fifty-two week low of $99.47 and a fifty-two week high of $187.58. The firm has a market capitalization of $187.78 billion, a price-to-earnings ratio of 71.13, a PEG ratio of 1.15 and a beta of 1.21.
In other news, EVP Brent Woodford sold 226 shares of Walt Disney stock in a transaction that occurred on Thursday, March 10th. The shares were sold at an average price of $132.50, for a total value of $29,945.00. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Company insiders own 0.10% of the company’s stock.
Institutional investors and hedge funds have recently modified their holdings of the company. Norges Bank acquired a new stake in shares of Walt Disney in the fourth quarter valued at approximately $2,290,736,000. MFA Wealth Advisors LLC lifted its position in Walt Disney by 15,362.6% during the 3rd quarter. MFA Wealth Advisors LLC now owns 3,170,599 shares of the entertainment giant’s stock worth $3,370,000 after acquiring an additional 3,150,094 shares in the last quarter. Loomis Sayles & Co. L P increased its holdings in shares of Walt Disney by 25.1% in the 4th quarter. Loomis Sayles & Co. L P now owns 13,510,534 shares of the entertainment giant’s stock valued at $2,092,646,000 after acquiring an additional 2,707,126 shares during the last quarter. SG Americas Securities LLC grew its stake in Walt Disney by 106.7% during the 1st quarter. SG Americas Securities LLC now owns 166,124 shares of the entertainment giant’s stock worth $22,786,000 after buying an additional 2,640,795 shares during the last quarter. Finally, Morgan Stanley boosted its position in Walt Disney by 8.0% during the 3rd quarter. Morgan Stanley now owns 35,294,697 shares of the entertainment giant’s stock worth $5,970,803,000 after acquiring an additional 2,628,220 shares during the period. 64.17% of the stock is currently owned by institutional investors and hedge funds.
Walt Disney Company Profile (Get Rating)
The Walt Disney Company, together with its subsidiaries, operates as an entertainment company worldwide. It operates through two segments, Disney Media and Entertainment Distribution; and Disney Parks, Experiences and Products. The company engages in the film and episodic television content production and distribution activities, as well as operates television broadcast networks under the ABC, Disney, ESPN, Freeform, FX, Fox, National Geographic, and Star brands; and studios that produces motion pictures under the Walt Disney Pictures, Twentieth Century Studios, Marvel, Lucasfilm, Pixar, and Searchlight Pictures banners.
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