UBS Group Cuts Walt Disney (NYSE:DIS) Price Target to $105.00

Walt Disney (NYSE:DIS) had its price target dropped by UBS Group from $130.00 to $105.00 in a research report issued on Tuesday,Benzinga reports. The firm presently has a “buy” rating on the entertainment giant’s stock. UBS Group’s price target points to a potential upside of 22.27% from the company’s previous close.

Other analysts also recently issued reports about the company. Rosenblatt Securities restated a “buy” rating and issued a $135.00 price objective on shares of Walt Disney in a report on Monday, February 10th. Morgan Stanley lifted their price objective on Walt Disney from $125.00 to $130.00 and gave the stock an “overweight” rating in a research note on Thursday, February 6th. Barclays dropped their price target on shares of Walt Disney from $125.00 to $115.00 and set an “overweight” rating on the stock in a research report on Tuesday, April 8th. Loop Capital increased their price target on Walt Disney from $125.00 to $130.00 and gave the stock a “buy” rating in a report on Tuesday, March 4th. Finally, Needham & Company LLC reissued a “buy” rating and set a $130.00 target price on shares of Walt Disney in a research report on Wednesday, February 5th. Six research analysts have rated the stock with a hold rating, sixteen have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $124.48.

Walt Disney Price Performance

DIS stock traded up $1.21 during midday trading on Tuesday, reaching $85.87. The company had a trading volume of 2,464,553 shares, compared to its average volume of 9,761,354. The stock has a 50 day moving average price of $101.31 and a 200-day moving average price of $104.75. Walt Disney has a 1-year low of $80.10 and a 1-year high of $118.63. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.68 and a quick ratio of 0.62. The company has a market capitalization of $155.24 billion, a price-to-earnings ratio of 28.00, a price-to-earnings-growth ratio of 1.80 and a beta of 1.44.

Walt Disney (NYSE:DIS) last issued its earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 EPS for the quarter, topping the consensus estimate of $1.44 by $0.32. Walt Disney had a return on equity of 9.95% and a net margin of 6.07%. Equities research analysts expect that Walt Disney will post 5.47 earnings per share for the current year.

Institutional Trading of Walt Disney

Institutional investors and hedge funds have recently bought and sold shares of the company. Integrated Advisors Network LLC increased its holdings in shares of Walt Disney by 0.7% in the 1st quarter. Integrated Advisors Network LLC now owns 21,228 shares of the entertainment giant’s stock worth $2,095,000 after purchasing an additional 139 shares in the last quarter. Sarasin & Partners LLP bought a new position in Walt Disney during the first quarter valued at approximately $2,123,000. Integral Investment Advisors Inc. grew its position in Walt Disney by 20.3% in the 1st quarter. Integral Investment Advisors Inc. now owns 16,885 shares of the entertainment giant’s stock worth $1,667,000 after purchasing an additional 2,845 shares during the period. Moseley Investment Management Inc. lifted its holdings in shares of Walt Disney by 1.3% during the 1st quarter. Moseley Investment Management Inc. now owns 12,047 shares of the entertainment giant’s stock valued at $1,189,000 after buying an additional 153 shares during the period. Finally, Petredis Investment Advisors LLC boosted its stake in shares of Walt Disney by 1.3% in the 1st quarter. Petredis Investment Advisors LLC now owns 24,185 shares of the entertainment giant’s stock worth $2,387,000 after buying an additional 317 shares during the last quarter. 65.71% of the stock is currently owned by institutional investors.

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.