Citigroup Inc. reaffirmed their buy rating on shares of Walt Disney Company (The) (NYSE:DIS) in a research note published on Wednesday. Citigroup Inc. currently has a $119.00 price objective on the entertainment giant’s stock.

Other analysts have also recently issued research reports about the stock. BMO Capital Markets reissued an underperform rating and issued a $90.00 price target (down previously from $95.00) on shares of Walt Disney Company (The) in a research note on Thursday, August 10th. FBR & Co reissued a hold rating and issued a $97.00 price target on shares of Walt Disney Company (The) in a research note on Friday, September 8th. BidaskClub cut shares of Walt Disney Company (The) from a buy rating to a hold rating in a research note on Wednesday, August 9th. Guggenheim reissued a buy rating and issued a $122.00 price target (down previously from $128.00) on shares of Walt Disney Company (The) in a research note on Wednesday, July 12th. Finally, Credit Suisse Group reissued an outperform rating and issued a $125.00 price target on shares of Walt Disney Company (The) in a research note on Tuesday, July 25th. Five analysts have rated the stock with a sell rating, fourteen have assigned a hold rating, eighteen have issued a buy rating and one has given a strong buy rating to the company. The stock currently has an average rating of Hold and a consensus target price of $113.40.

Walt Disney Company (The) (NYSE:DIS) last posted its quarterly earnings results on Tuesday, August 8th. The entertainment giant reported $1.58 earnings per share for the quarter, beating the consensus estimate of $1.53 by $0.05. Walt Disney Company (The) had a net margin of 16.22% and a return on equity of 19.69%. The business had revenue of $14.24 billion during the quarter, compared to analysts’ expectations of $14.44 billion. During the same quarter in the prior year, the company posted $1.62 EPS. The business’s revenue for the quarter was down .3% on a year-over-year basis.

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In other Walt Disney Company (The) news, Director Maria Elena Lagomasino bought 976 shares of the company’s stock in a transaction dated Thursday, August 10th. The shares were bought at an average price of $102.34 per share, for a total transaction of $99,883.84. Following the acquisition, the director now directly owns 7,513 shares of the company’s stock, valued at $768,880.42. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 0.38% of the stock is owned by corporate insiders.

A number of large investors have recently added to or reduced their stakes in DIS. Lee Financial Co increased its holdings in Walt Disney Company (The) by 7.6% in the second quarter. Lee Financial Co now owns 1,052 shares of the entertainment giant’s stock worth $112,000 after buying an additional 74 shares during the last quarter. Legacy Advisors LLC acquired a new position in Walt Disney Company (The) in the third quarter worth approximately $137,000. Sumitomo Mitsui Financial Group Inc. acquired a new position in Walt Disney Company (The) in the first quarter worth approximately $144,000. Krilogy Financial LLC increased its holdings in Walt Disney Company (The) by 13.2% in the second quarter. Krilogy Financial LLC now owns 1,422 shares of the entertainment giant’s stock worth $151,000 after buying an additional 166 shares during the last quarter. Finally, IHT Wealth Management LLC increased its holdings in Walt Disney Company (The) by 34.3% in the second quarter. IHT Wealth Management LLC now owns 15,377 shares of the entertainment giant’s stock worth $152,000 after buying an additional 3,923 shares during the last quarter. Hedge funds and other institutional investors own 61.41% 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)

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