Walt Disney (NYSE:DIS) had its target price lifted by Loop Capital to $165.00 in a research note released on Friday morning, The Fly reports. They currently have a buy rating on the entertainment giant’s stock.

Several other equities analysts have also recently issued reports on the company. Zacks Investment Research cut Walt Disney from a hold rating to a sell rating in a research report on Tuesday, April 2nd. ValuEngine raised Walt Disney from a hold rating to a buy rating in a research report on Saturday, April 13th. Rosenblatt Securities reaffirmed a buy rating and issued a $150.00 price objective on shares of Walt Disney in a research report on Monday, April 8th. Imperial Capital upped their price objective on Walt Disney from $129.00 to $139.00 and gave the company an outperform rating in a research report on Monday, April 15th. Finally, Goldman Sachs Group initiated coverage on Walt Disney in a research report on Thursday, April 4th. They issued a buy rating and a $142.00 price objective on the stock. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and nineteen have given a buy rating to the company’s stock. Walt Disney currently has an average rating of Buy and a consensus price target of $144.99.

Shares of DIS traded down $0.09 during mid-day trading on Friday, reaching $141.65. The company had a trading volume of 11,119,997 shares, compared to its average volume of 7,208,347. The company has a quick ratio of 0.74, a current ratio of 0.77 and a debt-to-equity ratio of 0.36. Walt Disney has a 52 week low of $100.35 and a 52 week high of $142.95. The stock has a market cap of $254.93 billion, a P/E ratio of 20.01, a P/E/G ratio of 3.79 and a beta of 0.97.

Walt Disney (NYSE:DIS) last issued its quarterly earnings results on Wednesday, May 8th. The entertainment giant reported $1.61 EPS for the quarter, topping analysts’ consensus estimates of $1.59 by $0.02. Walt Disney had a return on equity of 15.67% and a net margin of 22.55%. The firm had revenue of $14.92 billion for the quarter, compared to analysts’ expectations of $14.53 billion. During the same period in the previous year, the firm posted $1.84 EPS. The business’s revenue for the quarter was up 2.6% compared to the same quarter last year. On average, equities analysts anticipate that Walt Disney will post 6.65 EPS for the current year.

In other Walt Disney news, EVP Zenia B. Mucha sold 33,000 shares of the business’s stock in a transaction on Friday, April 12th. The shares were sold at an average price of $128.88, for a total transaction of $4,253,040.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Brent Woodford sold 2,200 shares of the business’s stock in a transaction on Friday, June 7th. The shares were sold at an average price of $138.23, for a total transaction of $304,106.00. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 45,400 shares of company stock valued at $5,973,980. Company insiders own 0.36% of the company’s stock.

Institutional investors and hedge funds have recently made changes to their positions in the business. Litman Gregory Asset Management LLC bought a new position in shares of Walt Disney during the 4th quarter valued at about $25,000. Crewe Advisors LLC boosted its holdings in shares of Walt Disney by 55.6% during the 4th quarter. Crewe Advisors LLC now owns 280 shares of the entertainment giant’s stock valued at $31,000 after purchasing an additional 100 shares during the last quarter. Stone House Investment Management LLC bought a new position in shares of Walt Disney during the 1st quarter valued at about $37,000. Financial Gravity Wealth Inc. bought a new position in shares of Walt Disney during the 1st quarter valued at about $40,000. Finally, Clarfeld Financial Advisors LLC bought a new position in shares of Walt Disney during the 4th quarter valued at about $42,000. Institutional investors and hedge funds own 64.23% of the company’s stock.

About Walt Disney

The Walt Disney Company, together with its subsidiaries, operates as an entertainment company worldwide. The company's Media Networks segment operates cable programming businesses under the ESPN, Disney, and Freeform brands; broadcast businesses, including ABC TV Network and eight owned television stations; and radio businesses.

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Analyst Recommendations for Walt Disney (NYSE:DIS)

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