Walt Disney (NYSE:DIS) Upgraded by Phillip Securities to Moderate Buy Rating

Walt Disney (NYSE:DIS) was upgraded by equities research analysts at Phillip Securities to a “moderate buy” rating in a report issued on Monday,Zacks.com reports.

Several other research analysts have also weighed in on the stock. Evercore ISI upped their target price on shares of Walt Disney from $140.00 to $142.00 and gave the stock an “outperform” rating in a research report on Friday, November 14th. UBS Group restated a “buy” rating and issued a $138.00 price target on shares of Walt Disney in a report on Friday, November 14th. Citigroup reaffirmed a “positive” rating on shares of Walt Disney in a report on Friday, November 14th. KeyCorp reissued a “sector weight” rating on shares of Walt Disney in a report on Friday, November 14th. Finally, Wells Fargo & Company dropped their price target on Walt Disney from $159.00 to $152.00 and set an “overweight” rating for the company in a research report on Friday, November 14th. Nineteen equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $135.20.

Walt Disney Stock Up 0.2%

Walt Disney stock opened at $113.08 on Monday. The stock’s 50 day moving average price is $109.89 and its 200 day moving average price is $114.04. Walt Disney has a 1-year low of $80.10 and a 1-year high of $124.69. The company has a market cap of $201.88 billion, a PE ratio of 16.48, a price-to-earnings-growth ratio of 1.57 and a beta of 1.44. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.71 and a quick ratio of 0.65.

Walt Disney (NYSE:DIS) last released its earnings results on Thursday, November 13th. The entertainment giant reported $1.11 EPS for the quarter, beating analysts’ consensus estimates of $1.03 by $0.08. Walt Disney had a return on equity of 9.37% and a net margin of 13.14%.The company had revenue of $22.46 billion during the quarter, compared to the consensus estimate of $22.78 billion. During the same quarter last year, the company earned $1.14 earnings per share. Walt Disney’s quarterly revenue was down .5% compared to the same quarter last year. On average, sell-side analysts predict that Walt Disney will post 5.47 EPS for the current fiscal year.

Institutional Investors Weigh In On Walt Disney

Several hedge funds have recently modified their holdings of DIS. Hilltop Wealth Advisors LLC grew its holdings in shares of Walt Disney by 12.7% during the fourth quarter. Hilltop Wealth Advisors LLC now owns 1,994 shares of the entertainment giant’s stock worth $227,000 after buying an additional 225 shares in the last quarter. KMG Fiduciary Partners LLC boosted its position in Walt Disney by 7.5% during the fourth quarter. KMG Fiduciary Partners LLC now owns 34,350 shares of the entertainment giant’s stock worth $3,908,000 after acquiring an additional 2,411 shares during the last quarter. Net Worth Advisory Group grew its stake in Walt Disney by 130.9% in the 4th quarter. Net Worth Advisory Group now owns 7,525 shares of the entertainment giant’s stock worth $856,000 after acquiring an additional 4,266 shares during the period. Capital Investment Advisors LLC raised its holdings in Walt Disney by 5.3% in the 4th quarter. Capital Investment Advisors LLC now owns 53,307 shares of the entertainment giant’s stock valued at $6,065,000 after acquiring an additional 2,707 shares during the last quarter. Finally, Dakota Wealth Management lifted its stake in shares of Walt Disney by 11.3% during the 4th quarter. Dakota Wealth Management now owns 104,201 shares of the entertainment giant’s stock worth $11,857,000 after purchasing an additional 10,546 shares during the period. 65.71% of the stock is owned by institutional investors and hedge funds.

About Walt Disney

The Walt Disney Company (NYSE: DIS), commonly known as Disney, is a diversified global entertainment and media conglomerate headquartered in Burbank, California. Founded in 1923 by Walt and Roy O. Disney, the company grew from an animation studio into a multi‑national entertainment enterprise known for iconic intellectual property and family‑oriented storytelling. Disney’s operations span film and television production, streaming services, theme parks and resorts, consumer products, and live entertainment.

On the content side, Disney produces and distributes feature films and television programming through a portfolio of studios and labels that includes Walt Disney Pictures, Pixar, Marvel Studios, Lucasfilm and 20th Century Studios, along with broadcast and cable networks such as ABC, FX and National Geographic.