Wells Fargo & Company restated their buy rating on shares of Walt Disney (NYSE:DIS) in a research report released on Friday. They currently have a $135.00 price target on the entertainment giant’s stock.

Several other equities research analysts have also recently issued reports on DIS. B. Riley reiterated a neutral rating on shares of Walt Disney in a report on Wednesday, November 1st. Rosenblatt Securities reiterated a hold rating and issued a $110.00 price objective on shares of Walt Disney in a report on Thursday, September 28th. Piper Jaffray Companies set a $125.00 price objective on Walt Disney and gave the stock a buy rating in a report on Friday. Citigroup reiterated a neutral rating on shares of Walt Disney in a report on Thursday, September 28th. Finally, Jefferies Group reiterated a hold rating and issued a $103.00 price objective (down from $110.00) on shares of Walt Disney in a report on Friday, October 6th. Three research analysts have rated the stock with a sell rating, sixteen have given a hold rating and seventeen have given a buy rating to the stock. Walt Disney has a consensus rating of Hold and a consensus price target of $113.44.

Shares of Walt Disney (NYSE DIS) opened at $111.03 on Friday. 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 has a twelve month low of $96.20 and a twelve month high of $116.10. The stock has a market capitalization of $167,690.00, a PE ratio of 19.52, a P/E/G ratio of 2.37 and a beta of 1.38.

Walt Disney (NYSE:DIS) last posted its quarterly earnings data on Thursday, November 9th. The entertainment giant reported $1.07 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.12 by ($0.05). Walt Disney had a return on equity of 19.66% and a net margin of 16.29%. The firm had revenue of $12.78 billion during the quarter, compared to analyst estimates of $13.30 billion. During the same quarter in the previous year, the firm posted $1.10 earnings per share. The company’s quarterly revenue was down 2.8% on a year-over-year basis. equities research analysts anticipate that Walt Disney will post 6.23 earnings per share for the current year.

The firm also recently disclosed a Semi-Annual dividend, which will be paid on Thursday, January 11th. Investors of record on Monday, December 11th will be issued a $0.84 dividend. The ex-dividend date of this dividend is Friday, December 8th. Walt Disney’s dividend payout ratio is presently 29.58%.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in DIS. Janus Henderson Group PLC lifted its holdings in Walt Disney by 929.6% in the second quarter. Janus Henderson Group PLC now owns 5,410,942 shares of the entertainment giant’s stock valued at $574,907,000 after acquiring an additional 4,885,398 shares during the last quarter. AJO LP raised its position in Walt Disney by 12,331.6% in the second quarter. AJO LP now owns 3,300,335 shares of the entertainment giant’s stock valued at $350,661,000 after purchasing an additional 3,273,787 shares during the period. Vanguard Group Inc. raised its position in Walt Disney by 2.2% in the second quarter. Vanguard Group Inc. now owns 98,803,049 shares of the entertainment giant’s stock valued at $10,497,824,000 after purchasing an additional 2,131,932 shares during the period. Arrowstreet Capital Limited Partnership raised its position in Walt Disney by 247.9% in the second quarter. Arrowstreet Capital Limited Partnership now owns 2,644,700 shares of the entertainment giant’s stock valued at $280,999,000 after purchasing an additional 1,884,600 shares during the period. Finally, Nordea Investment Management AB raised its position in Walt Disney by 48.7% in the second quarter. Nordea Investment Management AB now owns 5,313,513 shares of the entertainment giant’s stock valued at $564,561,000 after purchasing an additional 1,740,128 shares during the period. Hedge funds and other institutional investors own 61.51% of the company’s stock.

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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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