Walt Disney (NYSE:DIS) Trading Down 0.1%

The Walt Disney Company (NYSE:DIS - Get Free Report) shares dropped 0.1% during trading on Friday . The stock traded as low as $103.12 and last traded at $103.30. Approximately 2,285,910 shares were traded during mid-day trading, a decline of 81% from the average daily volume of 12,096,820 shares. The stock had previously closed at $103.37.

Analyst Ratings Changes

Several brokerages recently weighed in on DIS. Macquarie increased their target price on Walt Disney from $104.00 to $107.00 and gave the company a "neutral" rating in a report on Monday. Argus increased their price target on shares of Walt Disney from $125.00 to $140.00 and gave the company a "buy" rating in a research report on Wednesday, April 10th. JPMorgan Chase & Co. assumed coverage on shares of Walt Disney in a research report on Thursday, April 11th. They issued an "overweight" rating and a $140.00 price objective on the stock. Evercore ISI dropped their target price on shares of Walt Disney from $130.00 to $128.00 and set an "outperform" rating for the company in a report on Wednesday, May 8th. Finally, Rosenblatt Securities raised their target price on Walt Disney from $129.00 to $137.00 and gave the stock a "buy" rating in a research note on Tuesday, April 2nd. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and twenty-three have assigned a buy rating to the stock. Based on data from MarketBeat, Walt Disney has an average rating of "Moderate Buy" and a consensus price target of $126.58.

Walt Disney Trading Down 0.1 %

The firm has a market capitalization of $188.32 billion, a P/E ratio of 112.22, a price-to-earnings-growth ratio of 1.25 and a beta of 1.40. The stock's 50-day simple moving average is $113.66 and its two-hundred day simple moving average is $102.09. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.75 and a quick ratio of 0.69.

Walt Disney (NYSE:DIS - Get Free Report) last issued its earnings results on Tuesday, May 7th. The entertainment giant reported $1.21 earnings per share for the quarter, topping the consensus estimate of $1.12 by $0.09. Walt Disney had a net margin of 1.90% and a return on equity of 8.37%. The company had revenue of $22.08 billion during the quarter, compared to the consensus estimate of $22.12 billion. During the same quarter in the prior year, the firm posted $0.93 EPS. Walt Disney's quarterly revenue was up 1.2% compared to the same quarter last year. Equities research analysts expect that The Walt Disney Company will post 4.76 EPS for the current year.

Insider Buying and Selling

In related news, EVP Sonia L. Coleman sold 4,400 shares of the firm's stock in a transaction on Thursday, May 9th. The shares were sold at an average price of $106.00, for a total transaction of $466,400.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other Walt Disney news, EVP Sonia L. Coleman sold 4,400 shares of Walt Disney stock in a transaction that occurred on Thursday, May 9th. The stock was sold at an average price of $106.00, for a total value of $466,400.00. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, EVP Sonia L. Coleman sold 1,857 shares of the stock in a transaction that occurred on Monday, April 1st. The shares were sold at an average price of $121.92, for a total value of $226,405.44. Following the transaction, the executive vice president now owns 4,400 shares of the company's stock, valued at $536,448. The disclosure for this sale can be found here. 0.10% of the stock is owned by insiders.

Institutional Investors Weigh In On Walt Disney

Several hedge funds and other institutional investors have recently modified their holdings of the business. Planned Solutions Inc. purchased a new stake in Walt Disney during the fourth quarter worth $26,000. Gold Investment Management Ltd. purchased a new position in Walt Disney in the fourth quarter valued at about $28,000. Fortis Group Advisors LLC bought a new position in Walt Disney in the third quarter worth about $30,000. Stone House Investment Management LLC boosted its holdings in shares of Walt Disney by 355.3% in the 4th quarter. Stone House Investment Management LLC now owns 346 shares of the entertainment giant's stock valued at $31,000 after buying an additional 270 shares in the last quarter. Finally, ESL Trust Services LLC purchased a new position in shares of Walt Disney in the 1st quarter worth approximately $31,000. 65.71% of the stock is currently owned by hedge funds and other 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.