Walt Disney (NYSE:DIS) Price Target Raised to $130.00

Walt Disney (NYSE:DIS - Get Free Report) had its price objective lifted by research analysts at Loop Capital from $125.00 to $130.00 in a research report issued to clients and investors on Tuesday,Benzinga reports. The firm currently has a "buy" rating on the entertainment giant's stock. Loop Capital's price target points to a potential upside of 9.92% from the company's current price.

Several other research firms have also weighed in on DIS. Guggenheim dropped their price objective on shares of Walt Disney from $130.00 to $120.00 and set a "buy" rating on the stock in a research note on Thursday, May 8th. Needham & Company LLC reiterated a "buy" rating and set a $125.00 price target on shares of Walt Disney in a research report on Thursday, May 8th. UBS Group raised their price target on Walt Disney from $105.00 to $120.00 and gave the stock a "buy" rating in a report on Thursday, May 8th. Barclays upped their price objective on Walt Disney from $115.00 to $120.00 and gave the stock an "overweight" rating in a research note on Thursday, May 8th. Finally, Wolfe Research raised Walt Disney from a "peer perform" rating to an "outperform" rating and set a $112.00 target price on the stock in a research report on Monday, April 21st. Six research analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and two have assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $123.96.

Walt Disney Stock Performance

Shares of DIS traded down $0.34 during mid-day trading on Tuesday, hitting $118.27. The stock had a trading volume of 3,198,531 shares, compared to its average volume of 10,043,113. Walt Disney has a fifty-two week low of $80.10 and a fifty-two week high of $120.50. The company has a quick ratio of 0.62, a current ratio of 0.68 and a debt-to-equity ratio of 0.36. The company has a market cap of $212.62 billion, a PE ratio of 38.53, a PEG ratio of 1.80 and a beta of 1.54. The company's fifty day simple moving average is $100.85 and its two-hundred day simple moving average is $105.90.

Walt Disney (NYSE:DIS - Get Free Report) last released its quarterly earnings data on Wednesday, May 7th. The entertainment giant reported $1.45 EPS for the quarter, topping analysts' consensus estimates of $1.21 by $0.24. The firm had revenue of $23.62 billion during the quarter, compared to the consensus estimate of $23.15 billion. Walt Disney had a net margin of 6.07% and a return on equity of 9.95%. The firm's revenue was up 7.0% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.21 earnings per share. On average, equities analysts expect that Walt Disney will post 5.47 earnings per share for the current year.

Insider Activity

In related news, EVP Brent Woodford sold 1,000 shares of the firm's stock in a transaction dated Tuesday, May 13th. The stock was sold at an average price of $110.84, for a total transaction of $110,840.00. Following the completion of the transaction, the executive vice president now owns 46,831 shares of the company's stock, valued at $5,190,748.04. This trade represents a 2.09% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 0.16% of the stock is owned by insiders.

Institutional Investors Weigh In On Walt Disney

Hedge funds and other institutional investors have recently bought and sold shares of the business. MJT & Associates Financial Advisory Group Inc. acquired a new position in Walt Disney in the first quarter worth approximately $26,000. Mpwm Advisory Solutions LLC acquired a new position in shares of Walt Disney in the 4th quarter worth $27,000. Kessler Investment Group LLC raised its position in shares of Walt Disney by 274.0% during the first quarter. Kessler Investment Group LLC now owns 273 shares of the entertainment giant's stock worth $27,000 after purchasing an additional 200 shares during the period. FPC Investment Advisory Inc. acquired a new stake in shares of Walt Disney during the fourth quarter worth $28,000. Finally, Tacita Capital Inc lifted its holdings in shares of Walt Disney by 93.2% during the fourth quarter. Tacita Capital Inc now owns 257 shares of the entertainment giant's stock valued at $29,000 after purchasing an additional 124 shares during the last quarter. 65.71% of the stock is currently owned by institutional investors.

Walt Disney Company Profile

The Walt Disney Company operates as an entertainment company worldwide. It operates through three segments: Entertainment, Sports, and Experiences. The company produces and distributes film and television video streaming content under the ABC Television Network, Disney, Freeform, FX, Fox, National Geographic, and Star brand television channels, as well as ABC television stations and A+E television networks; and produces original content under the ABC Signature, Disney Branded Television, FX Productions, Lucasfilm, Marvel, National Geographic Studios, Pixar, Searchlight Pictures, Twentieth Century Studios, 20th Television, and Walt Disney Pictures banners.