Walt Disney (NYSE:DIS) Stock Price Down 0.1%

The Walt Disney Company (NYSE:DIS)’s share price was down 0.1% on Thursday . The stock traded as low as $101.81 and last traded at $102.05. Approximately 1,707,136 shares were traded during mid-day trading, a decline of 85% from the average daily volume of 11,352,676 shares. The stock had previously closed at $102.18.

Analyst Upgrades and Downgrades

DIS has been the topic of several analyst reports. Barclays reduced their target price on Walt Disney from $135.00 to $130.00 and set an “overweight” rating on the stock in a report on Wednesday, May 8th. Needham & Company LLC reaffirmed a “buy” rating and set a $145.00 price target on shares of Walt Disney in a research report on Tuesday, May 7th. Daiwa Capital Markets reiterated a “buy” rating and set a $133.00 price objective on shares of Walt Disney in a report on Monday, April 1st. Morgan Stanley increased their target price on Walt Disney from $110.00 to $135.00 and gave the stock an “overweight” rating in a report on Monday, March 4th. Finally, Guggenheim upped their price objective on shares of Walt Disney from $125.00 to $140.00 and gave the stock a “buy” rating in a report on Wednesday, April 3rd. One research analyst has rated the stock with a sell rating, three have given a hold rating and twenty-two have issued a buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $126.50.

Walt Disney Stock Down 0.0 %

The company’s 50 day moving average is $105.23 and its 200 day moving average is $104.53. The company has a current ratio of 0.75, a quick ratio of 0.69 and a debt-to-equity ratio of 0.38. The company has a market cap of $186.19 billion, a PE ratio of 110.87, a P/E/G ratio of 1.27 and a beta of 1.40.

Walt Disney (NYSE:DIS) last released its quarterly earnings results on Tuesday, May 7th. The entertainment giant reported $1.21 EPS for the quarter, beating the consensus estimate of $1.12 by $0.09. Walt Disney had a net margin of 1.90% and a return on equity of 8.37%. The company had revenue of $22.08 billion for the quarter, compared to analyst estimates of $22.12 billion. During the same quarter last year, the business earned $0.93 earnings per share. The firm’s revenue was up 1.2% on a year-over-year basis. As a group, analysts predict that The Walt Disney Company will post 4.75 earnings per share for the current fiscal year.

Insider Activity at Walt Disney

In other Walt Disney news, EVP Sonia L. Coleman sold 1,857 shares of the business’s stock in a transaction dated Monday, April 1st. The shares were sold at an average price of $121.92, for a total value of $226,405.44. Following the transaction, the executive vice president now directly owns 4,400 shares in the company, valued at approximately $536,448. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, EVP Sonia L. Coleman sold 1,857 shares of the company’s stock in a transaction on Monday, April 1st. The stock was sold at an average price of $121.92, for a total value of $226,405.44. Following the transaction, the executive vice president now owns 4,400 shares of the company’s stock, valued at approximately $536,448. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director James P. Gorman acquired 20,000 shares of the business’s stock in a transaction that occurred on Wednesday, May 8th. The shares were acquired at an average cost of $106.03 per share, with a total value of $2,120,600.00. Following the completion of the transaction, the director now directly owns 20,467 shares in the company, valued at approximately $2,170,116.01. The disclosure for this purchase can be found here. 0.10% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Walt Disney

A number of hedge funds have recently bought and sold shares of DIS. Planned Solutions Inc. acquired a new position in Walt Disney during the 4th quarter worth approximately $26,000. Gold Investment Management Ltd. purchased a new stake in shares of Walt Disney during the fourth quarter worth about $28,000. Fortis Group Advisors LLC purchased a new position in shares of Walt Disney during the 3rd quarter worth $30,000. Stone House Investment Management LLC boosted its stake in Walt Disney by 355.3% in the 4th quarter. Stone House Investment Management LLC now owns 346 shares of the entertainment giant’s stock worth $31,000 after buying an additional 270 shares during the last quarter. Finally, ESL Trust Services LLC purchased a new stake in Walt Disney in the first quarter valued at approximately $31,000. Institutional investors and hedge funds own 65.71% of the company’s stock.

Walt Disney Company Profile

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.