Walt Disney Company (The) (NYSE:DIS) shares gapped up before the market opened on Monday after Goldman Sachs Group, Inc. (The) raised their price target on the stock from $115.00 to $120.00. The stock had previously closed at $104.57, but opened at $104.78. Goldman Sachs Group, Inc. (The) currently has a buy rating on the stock. Walt Disney Company (The) shares last traded at $104.22, with a volume of 4719160 shares trading hands.

A number of other brokerages also recently commented on DIS. Guggenheim reaffirmed a “buy” rating and set a $122.00 price objective on shares of Walt Disney Company (The) in a research report on Tuesday, September 5th. Jefferies Group LLC reaffirmed a “hold” rating and set a $103.00 price objective (down from $110.00) on shares of Walt Disney Company (The) in a research report on Friday, October 6th. BidaskClub raised shares of Walt Disney Company (The) from a “sell” rating to a “hold” rating in a research report on Monday, July 24th. BTIG Research reaffirmed a “sell” rating on shares of Walt Disney Company (The) in a research report on Monday, September 25th. Finally, Sanford C. Bernstein reaffirmed a “market perform” rating on shares of Walt Disney Company (The) in a research report on Tuesday, September 12th. Four research analysts have rated the stock with a sell rating, seventeen have assigned a hold rating and seventeen have given a buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of $112.79.

A number of large investors have recently modified their holdings of DIS. Janus Henderson Group PLC grew its holdings in Walt Disney Company (The) by 929.6% during the 2nd quarter. Janus Henderson Group PLC now owns 5,410,942 shares of the entertainment giant’s stock worth $574,907,000 after acquiring an additional 4,885,398 shares during the last quarter. AJO LP grew its holdings in Walt Disney Company (The) by 12,331.6% during the 2nd quarter. AJO LP now owns 3,300,335 shares of the entertainment giant’s stock worth $350,661,000 after acquiring an additional 3,273,787 shares during the last quarter. Vanguard Group Inc. grew its holdings in Walt Disney Company (The) by 2.2% during the 2nd quarter. Vanguard Group Inc. now owns 98,803,049 shares of the entertainment giant’s stock worth $10,497,824,000 after acquiring an additional 2,131,932 shares during the last quarter. Arrowstreet Capital Limited Partnership grew its holdings in Walt Disney Company (The) by 247.9% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 2,644,700 shares of the entertainment giant’s stock worth $280,999,000 after acquiring an additional 1,884,600 shares during the last quarter. Finally, Nordea Investment Management AB grew its holdings in Walt Disney Company (The) by 48.7% during the 2nd quarter. Nordea Investment Management AB now owns 5,313,513 shares of the entertainment giant’s stock worth $564,561,000 after acquiring an additional 1,740,128 shares during the last quarter. 61.06% of the stock is currently owned by hedge funds and other institutional investors.

The company has a market cap of $161,730.00, a P/E ratio of 18.38, a PEG ratio of 2.30 and a beta of 1.37. The company has a current ratio of 0.81, a quick ratio of 0.74 and a debt-to-equity ratio of 0.42.

Walt Disney Company (The) (NYSE:DIS) last issued its earnings results on Thursday, November 9th. The entertainment giant reported $1.07 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.12 by ($0.05). The business had revenue of $12.78 billion during the quarter, compared to the consensus estimate of $13.30 billion. Walt Disney Company (The) had a net margin of 16.29% and a return on equity of 19.66%. The firm’s revenue for the quarter was down 2.8% compared to the same quarter last year. During the same period last year, the business posted $1.10 EPS. equities analysts forecast that Walt Disney Company will post 6.26 EPS for the current year.

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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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