Pivotal Research restated their sell rating on shares of Walt Disney (NYSE:DIS) in a report released on Tuesday morning, MarketBeat reports. Pivotal Research currently has a $93.00 price objective on the entertainment giant’s stock, up from their prior price objective of $91.00.

A number of other brokerages have also recently commented on DIS. Vetr cut shares of Walt Disney from a buy rating to a hold rating and set a $113.39 price objective for the company. in a research note on Wednesday, January 3rd. Royal Bank of Canada lifted their price target on shares of Walt Disney to $135.00 and gave the stock a top pick rating in a research note on Wednesday, January 3rd. Rosenblatt Securities raised shares of Walt Disney from a neutral rating to a buy rating and lifted their price target for the stock from $115.00 to $130.00 in a research note on Wednesday, January 3rd. Zacks Investment Research cut shares of Walt Disney from a hold rating to a sell rating in a research note on Tuesday, December 19th. Finally, Piper Jaffray Companies set a $125.00 price target on shares of Walt Disney and gave the stock a buy rating in a research note on Friday, December 15th. Four research analysts have rated the stock with a sell rating, thirteen have given a hold rating, eighteen have given a buy rating and one has given a strong buy rating to the company. The company presently has a consensus rating of Hold and an average target price of $115.77.

Shares of Walt Disney (NYSE DIS) traded up $1.48 during trading hours on Tuesday, hitting $112.47. 5,881,100 shares of the company’s stock were exchanged, compared to its average volume of 9,620,000. Walt Disney has a 1-year low of $96.20 and a 1-year high of $116.10. The stock has a market cap of $169,860.00, a PE ratio of 19.80, a P/E/G ratio of 2.38 and a beta of 1.38. The company has a quick ratio of 0.74, a current ratio of 0.81 and a debt-to-equity ratio of 0.42.

Walt Disney (NYSE:DIS) last issued its quarterly earnings data on Thursday, November 9th. The entertainment giant reported $1.07 EPS for the quarter, missing analysts’ consensus estimates of $1.12 by ($0.05). Walt Disney had a return on equity of 16.71% and a net margin of 14.59%. The business had revenue of $12.78 billion during the quarter, compared to analysts’ expectations of $13.30 billion. During the same period in the previous year, the business earned $1.10 earnings per share. The business’s quarterly revenue was down 2.8% on a year-over-year basis. equities research analysts forecast that Walt Disney will post 6.23 earnings per share for the current year.

The business also recently disclosed a Semi-Annual dividend, which was paid on Thursday, January 11th. Shareholders of record on Monday, December 11th were given a $0.84 dividend. The ex-dividend date was Friday, December 8th. Walt Disney’s dividend payout ratio (DPR) is 29.58%.

A number of institutional investors have recently added to or reduced their stakes in the business. Tortoise Investment Management LLC raised its holdings in shares of Walt Disney by 0.6% in the 2nd quarter. Tortoise Investment Management LLC now owns 2,269 shares of the entertainment giant’s stock valued at $241,000 after purchasing an additional 14 shares in the last quarter. Burt Wealth Advisors raised its holdings in shares of Walt Disney by 0.5% in the 2nd quarter. Burt Wealth Advisors now owns 3,182 shares of the entertainment giant’s stock valued at $338,000 after purchasing an additional 15 shares in the last quarter. Sonata Capital Group Inc. raised its holdings in shares of Walt Disney by 0.7% in the 2nd quarter. Sonata Capital Group Inc. now owns 2,732 shares of the entertainment giant’s stock valued at $290,000 after purchasing an additional 20 shares in the last quarter. Leisure Capital Management raised its holdings in shares of Walt Disney by 0.5% in the 2nd quarter. Leisure Capital Management now owns 4,449 shares of the entertainment giant’s stock valued at $473,000 after purchasing an additional 20 shares in the last quarter. Finally, First Capital Advisors Group LLC. raised its holdings in shares of Walt Disney by 0.4% in the 2nd quarter. First Capital Advisors Group LLC. now owns 6,515 shares of the entertainment giant’s stock valued at $692,000 after purchasing an additional 24 shares in the last quarter. 61.52% of the stock is owned by institutional investors.

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Walt Disney 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.

Analyst Recommendations for Walt Disney (NYSE:DIS)

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