Pivotal Research upgraded shares of The Walt Disney (NYSE:DIS) from a sell rating to a hold rating in a research note published on Tuesday morning, Marketbeat Ratings reports. The brokerage currently has $93.00 price target on the entertainment giant’s stock, down from their prior price target of $94.00.

DIS has been the topic of a number of other reports. Zacks Investment Research lowered shares of The Walt Disney from a hold rating to a sell rating in a research report on Tuesday, January 9th. Rosenblatt Securities raised shares of The Walt Disney from a neutral rating to a buy rating and raised their price target for the stock from $115.00 to $130.00 in a research report on Wednesday, January 3rd. Vetr raised shares of The Walt Disney from a buy rating to a strong-buy rating and set a $113.13 price target on the stock in a research report on Friday, March 23rd. Cowen reaffirmed a hold rating and set a $102.00 price target on shares of The Walt Disney in a research report on Monday, February 5th. Finally, Macquarie raised shares of The Walt Disney from a neutral rating to an outperform rating and raised their price target for the stock from $112.00 to $125.00 in a research report on Tuesday, January 2nd. Two equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating, seventeen have issued a buy rating and one has issued a strong buy rating to the company. The company has an average rating of Buy and an average price target of $118.64.

NYSE:DIS opened at $100.24 on Tuesday. The Walt Disney has a 52 week low of $96.20 and a 52 week high of $116.10. The stock has a market cap of $151,705.88, a P/E ratio of 17.59, a price-to-earnings-growth ratio of 1.46 and a beta of 1.30. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.80 and a current ratio of 0.87.

The Walt Disney (NYSE:DIS) last released its quarterly earnings results on Tuesday, February 6th. The entertainment giant reported $1.89 EPS for the quarter, topping analysts’ consensus estimates of $1.61 by $0.28. The Walt Disney had a net margin of 19.61% and a return on equity of 20.44%. The business had revenue of $15.35 billion for the quarter, compared to analyst estimates of $15.47 billion. During the same period last year, the firm earned $1.55 earnings per share. The Walt Disney’s revenue for the quarter was up 3.8% compared to the same quarter last year. equities research analysts anticipate that The Walt Disney will post 6.92 earnings per share for the current year.

In other news, Director Aylwin B. Lewis sold 1,797 shares of the firm’s stock in a transaction that occurred on Monday, February 26th. The shares were sold at an average price of $108.39, for a total value of $194,776.83. Following the sale, the director now directly owns 85,636 shares in the company, valued at approximately $9,282,086.04. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Company insiders own 0.38% of the company’s stock.

Several institutional investors and hedge funds have recently bought and sold shares of DIS. Vantage Financial Partners Ltd. Inc. bought a new position in The Walt Disney in the 2nd quarter valued at approximately $925,000. Icon Wealth Partners LLC bought a new position in The Walt Disney in the 4th quarter valued at approximately $116,000. Almanack Investment Partners LLC. bought a new position in The Walt Disney in the 4th quarter valued at approximately $118,000. Front Row Advisors LLC bought a new position in The Walt Disney in the 4th quarter valued at approximately $122,000. Finally, Avestar Capital LLC bought a new position in The Walt Disney in the 4th quarter valued at approximately $108,000. Institutional investors own 62.58% of the company’s stock.

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The Walt Disney Company Profile

The Walt Disney Company, together with its subsidiaries, operates as an entertainment company worldwide. The company's Media Networks segment operates cable programming services under the brand ESPN, Disney, and Freeform; broadcast businesses, which include the ABC TV Network and eight owned television stations; radio businesses consisting of the ESPN Radio network; and the Radio Disney network.

Analyst Recommendations for The Walt Disney (NYSE:DIS)

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