UBS Group Boosts Walt Disney (NYSE:DIS) Price Target to $138.00

Walt Disney (NYSE:DIS - Get Free Report) had its price objective upped by analysts at UBS Group from $120.00 to $138.00 in a report released on Wednesday, MarketBeat.com reports. The firm currently has a "buy" rating on the entertainment giant's stock. UBS Group's price objective would suggest a potential upside of 13.71% from the company's previous close.

A number of other research analysts also recently weighed in on the company. Needham & Company LLC reaffirmed a "buy" rating and set a $125.00 price target on shares of Walt Disney in a research note on Thursday, May 8th. Citigroup upped their target price on Walt Disney from $125.00 to $140.00 and gave the company a "buy" rating in a report on Wednesday, July 9th. Rosenblatt Securities upped their target price on Walt Disney from $135.00 to $140.00 and gave the company a "buy" rating in a report on Tuesday, June 3rd. Guggenheim increased their price objective on Walt Disney from $120.00 to $140.00 and gave the company a "buy" rating in a report on Friday, June 27th. Finally, Loop Capital increased their price objective on Walt Disney from $125.00 to $130.00 and gave the company a "buy" rating in a report on Tuesday, June 10th. Five analysts have rated the stock with a hold rating, eighteen have given a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, Walt Disney presently has a consensus rating of "Moderate Buy" and an average target price of $128.13.

Walt Disney Price Performance

Shares of Walt Disney stock traded down $0.85 during trading on Wednesday, reaching $121.36. 9,472,100 shares of the company's stock were exchanged, compared to its average volume of 10,008,257. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.61 and a current ratio of 0.67. Walt Disney has a 1-year low of $80.10 and a 1-year high of $124.69. The company has a market cap of $218.17 billion, a P/E ratio of 24.82, a PEG ratio of 1.78 and a beta of 1.56. The firm's 50-day moving average price is $117.00 and its 200 day moving average price is $107.00.

Walt Disney (NYSE:DIS - Get Free Report) last issued its quarterly earnings data on Wednesday, May 7th. The entertainment giant reported $1.45 earnings per share for the quarter, topping analysts' consensus estimates of $1.21 by $0.24. The business had revenue of $23.62 billion for the quarter, compared to analyst estimates of $23.15 billion. Walt Disney had a return on equity of 9.99% and a net margin of 9.47%. Walt Disney's quarterly revenue was up 7.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.21 EPS. As a group, research analysts anticipate that Walt Disney will post 5.47 earnings per share for the current year.

Insider Transactions at Walt Disney

In other Walt Disney news, EVP Brent Woodford sold 1,000 shares of the stock in a transaction on Tuesday, May 13th. The stock was sold at an average price of $110.84, for a total value of $110,840.00. Following the completion of the sale, the executive vice president owned 46,831 shares in the company, valued at approximately $5,190,748.04. This represents a 2.09% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 0.16% of the company's stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in DIS. Planning Directions Inc. bought a new position in shares of Walt Disney in the 1st quarter valued at about $326,000. Trek Financial LLC lifted its stake in Walt Disney by 479.9% in the fourth quarter. Trek Financial LLC now owns 36,320 shares of the entertainment giant's stock worth $4,044,000 after purchasing an additional 30,057 shares during the last quarter. WoodTrust Financial Corp lifted its stake in Walt Disney by 6.7% in the first quarter. WoodTrust Financial Corp now owns 96,158 shares of the entertainment giant's stock worth $9,491,000 after purchasing an additional 6,047 shares during the last quarter. Bank of Stockton lifted its stake in Walt Disney by 4.4% in the first quarter. Bank of Stockton now owns 9,091 shares of the entertainment giant's stock worth $897,000 after purchasing an additional 383 shares during the last quarter. Finally, Rheos Capital Works Inc. lifted its stake in Walt Disney by 164.7% in the first quarter. Rheos Capital Works Inc. now owns 395,400 shares of the entertainment giant's stock worth $39,026,000 after purchasing an additional 246,000 shares during the last quarter. Institutional investors own 65.71% of the company's stock.

About Walt Disney

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.