Analysts Set The Walt Disney Company (NYSE:DIS) PT at $131.18

Shares of The Walt Disney Company (NYSE:DIS) have been assigned a consensus rating of “Moderate Buy” from the twenty-eight research firms that are presently covering the stock, MarketBeat.com reports. Eight equities research analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and one has issued a strong buy rating on the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is $131.1818.

DIS has been the topic of a number of recent analyst reports. UBS Group increased their price target on shares of Walt Disney from $120.00 to $138.00 and gave the stock a “buy” rating in a report on Wednesday, July 16th. Raymond James Financial reaffirmed a “neutral” rating on shares of Walt Disney in a research note on Monday, August 11th. Chardan Capital reaffirmed a “buy” rating on shares of Walt Disney in a research note on Monday, August 11th. Keefe, Bruyette & Woods reaffirmed a “market perform” rating on shares of Walt Disney in a research note on Monday, August 11th. Finally, Barclays raised their target price on shares of Walt Disney from $120.00 to $140.00 and gave the company an “overweight” rating in a research note on Wednesday, July 9th.

Institutional Investors Weigh In On Walt Disney

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Vanguard Group Inc. raised its stake in Walt Disney by 1.1% in the second quarter. Vanguard Group Inc. now owns 157,501,484 shares of the entertainment giant’s stock valued at $19,531,759,000 after purchasing an additional 1,639,123 shares in the last quarter. State Street Corp raised its stake in Walt Disney by 0.8% in the second quarter. State Street Corp now owns 79,643,043 shares of the entertainment giant’s stock valued at $9,915,465,000 after purchasing an additional 625,893 shares in the last quarter. Geode Capital Management LLC raised its stake in Walt Disney by 1.2% in the second quarter. Geode Capital Management LLC now owns 39,992,231 shares of the entertainment giant’s stock valued at $4,935,928,000 after purchasing an additional 458,077 shares in the last quarter. Kingstone Capital Partners Texas LLC bought a new position in Walt Disney during the second quarter valued at approximately $4,220,599,000. Finally, Northern Trust Corp grew its position in Walt Disney by 10.4% during the fourth quarter. Northern Trust Corp now owns 22,242,415 shares of the entertainment giant’s stock valued at $2,476,693,000 after acquiring an additional 2,096,431 shares during the last quarter. 65.71% of the stock is owned by hedge funds and other institutional investors.

Walt Disney Trading Up 0.6%

Shares of Walt Disney stock opened at $116.9360 on Monday. Walt Disney has a 12-month low of $80.10 and a 12-month high of $124.69. The company has a market cap of $210.24 billion, a price-to-earnings ratio of 18.33, a PEG ratio of 1.68 and a beta of 1.56. The company has a current ratio of 0.72, a quick ratio of 0.66 and a debt-to-equity ratio of 0.32. The company’s 50-day moving average price is $119.25 and its 200-day moving average price is $108.20.

Walt Disney (NYSE:DIS) last announced its quarterly earnings results on Wednesday, August 6th. The entertainment giant reported $1.61 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.45 by $0.16. Walt Disney had a net margin of 12.22% and a return on equity of 9.67%. The firm had revenue of $23.65 billion for the quarter, compared to the consensus estimate of $23.69 billion. During the same period in the prior year, the firm posted $1.39 earnings per share. The company’s revenue for the quarter was up 2.1% on a year-over-year basis. On average, equities analysts expect that Walt Disney will post 5.47 earnings per share for the current fiscal year.

About Walt Disney

The Walt Disney Company operates as an entertainment company worldwide. It operates through three segments: Entertainment, Sports, and Experiences. The company produces and distributes film and television video streaming content under the ABC Television Network, Disney, Freeform, FX, Fox, National Geographic, and Star brand television channels, as well as ABC television stations and A+E television networks; and produces original content under the ABC Signature, Disney Branded Television, FX Productions, Lucasfilm, Marvel, National Geographic Studios, Pixar, Searchlight Pictures, Twentieth Century Studios, 20th Television, and Walt Disney Pictures banners.