Walt Disney (NYSE:DIS) had its price target increased by equities research analysts at Tigress Financial from $227.00 to $229.00 in a report released on Thursday, Analyst Price Targets reports. The brokerage presently has a “buy” rating on the entertainment giant’s stock. Tigress Financial’s price target would indicate a potential upside of 50.72% from the stock’s current price.
Several other research firms have also recently issued reports on DIS. Atlantic Securities cut Walt Disney from an “overweight” rating to a “neutral” rating and cut their target price for the stock from $219.00 to $172.00 in a research note on Thursday, November 11th. Evercore ISI reissued a “buy” rating and set a $210.00 target price on shares of Walt Disney in a research note on Wednesday, September 22nd. Citigroup cut their target price on Walt Disney from $230.00 to $210.00 and set a “buy” rating for the company in a research note on Tuesday, November 16th. Rosenblatt Securities reissued a “buy” rating and set a $219.00 target price on shares of Walt Disney in a research note on Wednesday, November 10th. Finally, Deutsche Bank Aktiengesellschaft cut their target price on Walt Disney from $200.00 to $191.00 and set a “buy” rating for the company in a research note on Monday, November 15th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and twenty-one have given a buy rating to the company. Based on data from MarketBeat, Walt Disney presently has a consensus rating of “Buy” and an average target price of $196.64.
NYSE:DIS opened at $151.94 on Thursday. Walt Disney has a one year low of $142.04 and a one year high of $203.02. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.04 and a current ratio of 1.08. The stock has a market cap of $276.17 billion, a PE ratio of 139.39, a P/E/G ratio of 1.65 and a beta of 1.19. The stock has a 50 day moving average price of $154.33 and a 200 day moving average price of $168.93.
In other Walt Disney news, EVP Brent Woodford sold 2,868 shares of Walt Disney stock in a transaction dated Tuesday, January 4th. The stock was sold at an average price of $158.89, for a total transaction of $455,696.52. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Christine M. Mccarthy sold 10,000 shares of Walt Disney stock in a transaction dated Friday, January 14th. The stock was sold at an average price of $152.06, for a total value of $1,520,600.00. The disclosure for this sale can be found here. Insiders have sold a total of 22,868 shares of company stock valued at $3,562,297 over the last ninety days. 0.25% of the stock is owned by company insiders.
Institutional investors and hedge funds have recently bought and sold shares of the company. GeoWealth Management LLC acquired a new stake in shares of Walt Disney during the third quarter worth about $25,000. Core Alternative Capital acquired a new stake in shares of Walt Disney during the third quarter worth about $28,000. Penserra Capital Management LLC acquired a new stake in shares of Walt Disney during the second quarter worth about $29,000. Financial Insights Inc. acquired a new stake in shares of Walt Disney during the second quarter worth about $37,000. Finally, Financial Enhancement Group LLC increased its position in shares of Walt Disney by 260.6% during the second quarter. Financial Enhancement Group LLC now owns 238 shares of the entertainment giant’s stock worth $42,000 after purchasing an additional 172 shares in the last quarter. Institutional investors and hedge funds own 63.93% of the company’s stock.
Walt Disney Company Profile
The Walt Disney Co is a diversified international family entertainment and media enterprise. It operates through the following segments: Disney Media and Entertainment Distribution (DMED) and Disney Parks, Experiences and Products (DPEP). The DMED segment encompasses the company’s global film and episodic television content production and distribution activities.
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