Walt Disney Company (The) (NYSE:DIS)‘s stock had its “market perform” rating reissued by analysts at Wells Fargo & Company in a report issued on Thursday. They currently have a $109.00 price target on the entertainment giant’s stock. Wells Fargo & Company’s target price indicates a potential upside of 6.00% from the company’s previous close.

A number of other equities research analysts have also commented on DIS. Goldman Sachs Group, Inc. (The) set a $133.00 price target on Walt Disney Company (The) and gave the company a “buy” rating in a research report on Wednesday. FBR & Co reduced their price target on Walt Disney Company (The) from $114.00 to $112.00 and set a “market perform” rating on the stock in a research report on Wednesday. BidaskClub lowered Walt Disney Company (The) from a “buy” rating to a “hold” rating in a research report on Wednesday. Jefferies Group LLC reiterated a “hold” rating and issued a $110.00 price target on shares of Walt Disney Company (The) in a research report on Wednesday. Finally, Credit Suisse Group reiterated an “outperform” rating and issued a $120.00 price target (down previously from $125.00) on shares of Walt Disney Company (The) in a research report on Wednesday. Six research analysts have rated the stock with a sell rating, fifteen have given a hold rating and sixteen have assigned a buy rating to the company. The stock has an average rating of “Hold” and an average target price of $115.58.

Walt Disney Company (NYSE:DIS) opened at 102.83 on Thursday. The company has a 50-day moving average price of $106.24 and a 200 day moving average price of $109.34. The company has a market cap of $160.92 billion, a PE ratio of 17.93 and a beta of 1.40. Walt Disney Company has a 12-month low of $90.32 and a 12-month high of $116.10. Walt Disney Company (The) also was the recipient of some unusual options trading on Monday. Stock traders bought 26,917 put options on the company. This represents an increase of approximately 352% compared to the typical daily volume of 5,955 put options.

Walt Disney Company (The) (NYSE:DIS) last released its quarterly earnings results on Tuesday, August 8th. The entertainment giant reported $1.58 EPS for the quarter, beating analysts’ consensus estimates of $1.53 by $0.05. Walt Disney Company (The) had a return on equity of 19.57% and a net margin of 16.22%. The firm had revenue of $14.24 billion for the quarter, compared to analyst estimates of $14.44 billion. During the same quarter in the previous year, the company posted $1.62 EPS. The business’s revenue was down .3% on a year-over-year basis. On average, analysts forecast that Walt Disney Company will post $5.90 EPS for the current fiscal year.

WARNING: “Wells Fargo & Company Reaffirms Market Perform Rating for Walt Disney Company (The) (DIS)” was originally published by Watch List News and is the property of of Watch List News. If you are viewing this report on another website, it was illegally copied and republished in violation of U.S. and international copyright law. The original version of this report can be accessed at https://www.watchlistnews.com/wells-fargo-company-reaffirms-market-perform-rating-for-walt-disney-company-the-dis/1467517.html.

In other news, Chairman Robert A. Iger sold 797,578 shares of Walt Disney Company (The) stock in a transaction dated Friday, June 9th. The stock was sold at an average price of $105.09, for a total value of $83,817,472.02. Following the transaction, the chairman now owns 1,566,484 shares in the company, valued at $164,621,803.56. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. 0.38% of the stock is currently owned by insiders.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Thomas J. Herzfeld Advisors Inc. bought a new position in Walt Disney Company (The) during the fourth quarter valued at approximately $110,000. Lee Financial Co increased its position in Walt Disney Company (The) by 7.6% in the second quarter. Lee Financial Co now owns 1,052 shares of the entertainment giant’s stock valued at $112,000 after buying an additional 74 shares in the last quarter. Sumitomo Mitsui Financial Group Inc. bought a new position in Walt Disney Company (The) during the first quarter valued at approximately $144,000. BDO Wealth Advisors LLC bought a new position in Walt Disney Company (The) during the second quarter valued at approximately $153,000. Finally, Feltz Wealth PLAN Inc. bought a new position in Walt Disney Company (The) during the first quarter valued at approximately $173,000. Hedge funds and other institutional investors own 62.42% of the company’s stock.

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.

Analyst Recommendations for Walt Disney Company (The) (NYSE:DIS)

Receive News & Ratings for Walt Disney Company (The) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Walt Disney Company (The) and related companies with Analyst Ratings Network's FREE daily email newsletter.