Walt Disney (NYSE:DIS) Now Covered by The Goldman Sachs Group

The Goldman Sachs Group started coverage on shares of Walt Disney (NYSE:DIS) in a research note released on Tuesday, Marketbeat reports. The brokerage issued a buy rating and a $125.00 target price on the entertainment giant’s stock.

Other equities analysts have also recently issued reports about the stock. Rosenblatt Securities upped their price objective on shares of Walt Disney from $129.00 to $137.00 and gave the company a buy rating in a research report on Tuesday, April 2nd. Wells Fargo & Company increased their target price on Walt Disney from $128.00 to $141.00 and gave the company an overweight rating in a research note on Tuesday, April 23rd. Guggenheim lifted their price target on shares of Walt Disney from $125.00 to $140.00 and gave the stock a buy rating in a research note on Wednesday, April 3rd. Argus increased their price objective on shares of Walt Disney from $125.00 to $140.00 and gave the company a buy rating in a research note on Wednesday, April 10th. Finally, Loop Capital boosted their target price on shares of Walt Disney from $113.00 to $140.00 and gave the stock a buy rating in a research report on Monday, May 6th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and twenty-two have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Walt Disney presently has an average rating of Moderate Buy and a consensus price target of $126.50.

Walt Disney Price Performance

Shares of NYSE DIS opened at $99.19 on Tuesday. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.75 and a quick ratio of 0.69. Walt Disney has a 1-year low of $78.73 and a 1-year high of $123.74. The company has a market capitalization of $180.83 billion, a price-to-earnings ratio of 107.82, a PEG ratio of 1.27 and a beta of 1.40. The business has a 50-day moving average of $104.76 and a 200-day moving average of $104.57.

Walt Disney (NYSE:DIS) last released its quarterly earnings results on Tuesday, May 7th. The entertainment giant reported $1.21 earnings per share for the quarter, topping analysts’ consensus estimates of $1.12 by $0.09. The firm had revenue of $22.08 billion during the quarter, compared to analysts’ expectations of $22.12 billion. Walt Disney had a return on equity of 8.37% and a net margin of 1.90%. Walt Disney’s quarterly revenue was up 1.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.93 EPS. On average, equities analysts anticipate that Walt Disney will post 4.75 EPS for the current fiscal year.

Insider Transactions at Walt Disney

In other news, Director James P. Gorman bought 20,000 shares of the company’s stock in a transaction that occurred on Wednesday, May 8th. The shares were purchased at an average price of $106.03 per share, with a total value of $2,120,600.00. Following the completion of the acquisition, the director now directly owns 20,467 shares in the company, valued at $2,170,116.01. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In other news, Director James P. Gorman purchased 20,000 shares of the stock in a transaction dated Wednesday, May 8th. The shares were bought at an average cost of $106.03 per share, for a total transaction of $2,120,600.00. Following the transaction, the director now owns 20,467 shares in the company, valued at $2,170,116.01. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Sonia L. Coleman sold 4,400 shares of the company’s stock in a transaction on Thursday, May 9th. The shares were sold at an average price of $106.00, for a total value of $466,400.00. The disclosure for this sale can be found here. Company insiders own 0.10% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in DIS. Mcdonald Partners LLC grew its holdings in shares of Walt Disney by 0.5% in the 1st quarter. Mcdonald Partners LLC now owns 17,975 shares of the entertainment giant’s stock worth $2,199,000 after acquiring an additional 88 shares during the last quarter. McKinley Carter Wealth Services Inc. increased its stake in Walt Disney by 1.5% in the 1st quarter. McKinley Carter Wealth Services Inc. now owns 5,894 shares of the entertainment giant’s stock worth $721,000 after purchasing an additional 89 shares in the last quarter. Sendero Wealth Management LLC increased its stake in Walt Disney by 2.0% in the 1st quarter. Sendero Wealth Management LLC now owns 4,649 shares of the entertainment giant’s stock worth $569,000 after purchasing an additional 89 shares in the last quarter. Pflug Koory LLC raised its holdings in Walt Disney by 1.0% during the 1st quarter. Pflug Koory LLC now owns 8,993 shares of the entertainment giant’s stock worth $1,100,000 after buying an additional 91 shares during the period. Finally, Regent Peak Wealth Advisors LLC lifted its stake in Walt Disney by 3.5% during the first quarter. Regent Peak Wealth Advisors LLC now owns 2,801 shares of the entertainment giant’s stock valued at $343,000 after buying an additional 94 shares in the last quarter. 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.