Walt Disney Company (The) (NYSE:DIS) saw some unusual options trading on Monday. Stock investors purchased 26,917 put options on the stock. This represents an increase of 352% compared to the typical daily volume of 5,955 put options.

DIS has been the topic of a number of recent research reports. Goldman Sachs Group, Inc. (The) set a $134.00 target price on Walt Disney Company (The) and gave the stock a “buy” rating in a report on Saturday, May 20th. Macquarie cut Walt Disney Company (The) from an “outperform” rating to a “neutral” rating and lifted their target price for the stock from $90.32 to $105.00 in a report on Wednesday, May 17th. Deutsche Bank AG restated a “buy” rating and issued a $125.00 target price (down from $130.00) on shares of Walt Disney Company (The) in a report on Monday, May 15th. Zacks Investment Research cut Walt Disney Company (The) from a “hold” rating to a “sell” rating in a report on Tuesday, July 11th. Finally, Rosenblatt Securities lifted their target price on Walt Disney Company (The) from $120.00 to $125.00 and gave the stock a “neutral” rating in a report on Monday, May 8th. Six research analysts have rated the stock with a sell rating, fifteen have issued a hold rating and sixteen have issued a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $115.64.

In other news, Chairman Robert A. Iger sold 797,578 shares of Walt Disney Company (The) stock in a transaction on 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 transaction, the chairman now directly owns 1,566,484 shares in the company, valued at approximately $164,621,803.56. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 13.00% of the stock is currently owned by company insiders.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Dillon & Associates Inc. boosted its position in Walt Disney Company (The) by 6.9% in the second quarter. Dillon & Associates Inc. now owns 49,940 shares of the entertainment giant’s stock valued at $5,294,000 after buying an additional 3,223 shares in the last quarter. LSV Asset Management boosted its position in shares of Walt Disney Company (The) by 3,235.2% in the second quarter. LSV Asset Management now owns 730,400 shares of the entertainment giant’s stock valued at $77,604,000 after buying an additional 708,500 shares in the last quarter. WMS Partners LLC boosted its position in shares of Walt Disney Company (The) by 17.6% in the second quarter. WMS Partners LLC now owns 19,799 shares of the entertainment giant’s stock valued at $2,104,000 after buying an additional 2,960 shares in the last quarter. Manchester Capital Management LLC boosted its position in shares of Walt Disney Company (The) by 0.3% in the second quarter. Manchester Capital Management LLC now owns 11,636 shares of the entertainment giant’s stock valued at $1,236,000 after buying an additional 30 shares in the last quarter. Finally, Ffcm LLC boosted its position in shares of Walt Disney Company (The) by 6.4% in the second quarter. Ffcm LLC now owns 48,029 shares of the entertainment giant’s stock valued at $5,103,000 after buying an additional 2,890 shares in the last quarter. 62.42% of the stock is currently owned by hedge funds and other institutional investors.

Walt Disney Company (DIS) opened at 102.83 on Thursday. The company has a market capitalization of $160.92 billion, a price-to-earnings ratio of 17.93 and a beta of 1.40. The stock has a 50 day moving average price of $106.20 and a 200-day moving average price of $109.38. Walt Disney Company has a 1-year low of $90.32 and a 1-year high of $116.10.

Walt Disney Company (The) (NYSE:DIS) last released its quarterly earnings results on Tuesday, August 8th. The entertainment giant reported $1.58 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.53 by $0.05. The firm had revenue of $14.24 billion for the quarter, compared to analysts’ expectations of $14.44 billion. Walt Disney Company (The) had a net margin of 16.63% and a return on equity of 19.81%. The business’s revenue was down .3% on a year-over-year basis. During the same period in the prior year, the firm earned $1.62 EPS. Equities analysts predict that Walt Disney Company will post $5.90 earnings per share for the current year.

The business also recently declared a Semi-Annual dividend, which was paid on Thursday, July 27th. Shareholders of record on Monday, July 10th were issued a $0.78 dividend. The ex-dividend date of this dividend was Thursday, July 6th. Walt Disney Company (The)’s dividend payout ratio is currently 27.18%.

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Walt Disney Company (The) Company Profile

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.

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