Walt Disney Company (The) (NYSE:DIS)‘s stock had its “underperform” rating reissued by equities research analysts at BMO Capital Markets in a research note issued on Thursday. They presently have a $90.00 price target on the entertainment giant’s stock, down from their prior price target of $95.00. BMO Capital Markets’ price objective would suggest a potential downside of 12.48% from the company’s current price.

A number of other equities research analysts have also commented on DIS. Wells Fargo & Company restated a “market perform” rating and set a $109.00 price target on shares of Walt Disney Company (The) in a research report on Thursday. Cowen and Company reiterated a “hold” rating and issued a $95.00 price objective on shares of Walt Disney Company (The) in a research report on Thursday. Goldman Sachs Group, Inc. (The) set a $133.00 price objective on Walt Disney Company (The) and gave the company a “buy” rating in a research report on Wednesday. FBR & Co decreased their price objective on Walt Disney Company (The) from $114.00 to $112.00 and set a “market perform” rating on the stock in a research report on Wednesday. Finally, BidaskClub lowered Walt Disney Company (The) from a “buy” rating to a “hold” rating in a research report on Wednesday. Six equities research analysts have rated the stock with a sell rating, sixteen have issued a hold rating and sixteen have issued a buy rating to the company’s stock. Walt Disney Company (The) presently has a consensus rating of “Hold” and a consensus price target of $115.58.

Walt Disney Company (NYSE DIS) traded down 0.8119% on Thursday, reaching $101.9951. The company had a trading volume of 2,383,392 shares. Walt Disney Company has a one year low of $90.32 and a one year high of $116.10. The company has a 50-day moving average of $106.24 and a 200 day moving average of $109.34. The stock has a market cap of $159.32 billion, a price-to-earnings ratio of 18.0907 and a beta of 1.40. Walt Disney Company (The) also was the target of unusually large options trading on Monday. Stock investors purchased 26,917 put options on the company. This is an increase of 352% compared to the average daily volume of 5,955 put options.

Walt Disney Company (The) (NYSE:DIS) last released its quarterly earnings results on Tuesday, August 8th. The entertainment giant reported $1.58 EPS for the quarter, topping the Zacks’ consensus estimate of $1.53 by $0.05. The business had revenue of $14.24 billion for the quarter, compared to analyst estimates of $14.44 billion. Walt Disney Company (The) had a return on equity of 19.57% and a net margin of 16.22%. Walt Disney Company (The)’s revenue for the quarter was down .3% on a year-over-year basis. During the same period in the prior year, the company earned $1.62 EPS. On average, equities research analysts predict that Walt Disney Company will post $5.90 EPS for the current year.

ILLEGAL ACTIVITY WARNING: This news story was first reported by Watch List News and is owned by of Watch List News. If you are reading this news story on another website, it was stolen and reposted in violation of international trademark & copyright laws. The original version of this news story can be read at https://www.watchlistnews.com/bmo-capital-markets-reiterates-underperform-rating-for-walt-disney-company-the-nysedis/1468759.html.

In related news, Chairman Robert A. Iger sold 797,578 shares of Walt Disney Company (The) stock in a transaction dated Friday, June 9th. The stock was sold at an average price of $105.09, for a total transaction of $83,817,472.02. Following the completion of the transaction, the chairman now owns 1,566,484 shares in the company, valued at $164,621,803.56. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 0.38% of the company’s stock.

A number of institutional investors have recently bought and sold shares of the company. State Street Corp boosted its position in Walt Disney Company (The) by 0.7% in the first quarter. State Street Corp now owns 67,739,871 shares of the entertainment giant’s stock worth $7,681,023,000 after buying an additional 456,053 shares during the last quarter. Norges Bank acquired a new position in Walt Disney Company (The) during the fourth quarter worth approximately $1,507,183,000. Fisher Asset Management LLC boosted its position in Walt Disney Company (The) by 1.2% in the first quarter. Fisher Asset Management LLC now owns 8,846,672 shares of the entertainment giant’s stock worth $1,003,124,000 after buying an additional 101,808 shares during the last quarter. Legal & General Group Plc boosted its position in Walt Disney Company (The) by 5.3% in the second quarter. Legal & General Group Plc now owns 7,885,053 shares of the entertainment giant’s stock worth $837,761,000 after buying an additional 394,012 shares during the last quarter. Finally, Clearbridge Investments LLC boosted its position in Walt Disney Company (The) by 2.0% in the first quarter. Clearbridge Investments LLC now owns 7,623,125 shares of the entertainment giant’s stock worth $864,386,000 after buying an additional 150,316 shares during the last quarter. Institutional investors and hedge funds own 62.42% of the company’s stock.

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.

Analyst Recommendations for Walt Disney Company (The) (NYSE:DIS)

Receive News & Ratings for Walt Disney Company (The) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Walt Disney Company (The) and related companies with Analyst Ratings Network's FREE daily email newsletter.