Walt Disney's (DIS) Hold (C+) Rating Reiterated at Weiss Ratings

Key Points

• Walt Disney's stock has been reaffirmed with a "hold (C+)" rating by Weiss Ratings, amidst a mix of ratings from various brokerages.
• Loop Capital and Barclays have both increased their price targets for Disney, raising them to $130.00 and $140.00 respectively, while the consensus target price stands at $131.18.
• In its latest quarterly earnings report, Disney reported an EPS of $1.61, surpassing analyst expectations of $1.45.

Walt Disney (NYSE:DIS - Get Free Report)'s stock had its "hold (c+)" rating reaffirmed by stock analysts at Weiss Ratings in a research note issued on Wednesday,Weiss Ratings reports.

Several other brokerages also recently issued reports on DIS. Loop Capital increased their price objective on shares of Walt Disney from $125.00 to $130.00 and gave the company a "buy" rating in a research report on Tuesday, June 10th. Keefe, Bruyette & Woods restated a "market perform" rating on shares of Walt Disney in a research note on Monday, August 11th. Barclays increased their target price on Walt Disney from $120.00 to $140.00 and gave the stock an "overweight" rating in a research report on Wednesday, July 9th. Stephens reissued a "buy" rating on shares of Walt Disney in a report on Monday, August 11th. Finally, Rosenblatt Securities raised their price target on Walt Disney from $140.00 to $141.00 and gave the company a "buy" rating in a report on Monday, August 11th. Nineteen equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $131.18.

Walt Disney Trading Down 0.6%

Shares of NYSE DIS traded down $0.70 on Wednesday, reaching $111.83. 7,036,106 shares of the company traded hands, compared to its average volume of 9,167,170. Walt Disney has a fifty-two week low of $80.10 and a fifty-two week high of $124.69. The company has a 50 day moving average of $115.67 and a 200 day moving average of $110.22. The company has a current ratio of 0.72, a quick ratio of 0.66 and a debt-to-equity ratio of 0.32. The stock has a market capitalization of $201.06 billion, a PE ratio of 17.53, a P/E/G ratio of 1.48 and a beta of 1.54.

Walt Disney (NYSE:DIS - Get Free Report) last posted its quarterly earnings data on Wednesday, August 6th. The entertainment giant reported $1.61 EPS for the quarter, beating analysts' consensus estimates of $1.45 by $0.16. Walt Disney had a net margin of 12.22% and a return on equity of 9.67%. The company had revenue of $23.65 billion during the quarter, compared to the consensus estimate of $23.69 billion. During the same quarter in the prior year, the company posted $1.39 EPS. The company's quarterly revenue was up 2.1% compared to the same quarter last year. On average, equities research analysts forecast that Walt Disney will post 5.47 earnings per share for the current fiscal year.

Institutional Trading of Walt Disney

Several institutional investors and hedge funds have recently bought and sold shares of DIS. Brighton Jones LLC boosted its holdings in shares of Walt Disney by 7.7% in the fourth quarter. Brighton Jones LLC now owns 26,767 shares of the entertainment giant's stock worth $2,980,000 after acquiring an additional 1,904 shares during the period. GAMMA Investing LLC grew its holdings in shares of Walt Disney by 8.1% during the 1st quarter. GAMMA Investing LLC now owns 24,830 shares of the entertainment giant's stock worth $2,451,000 after acquiring an additional 1,856 shares during the period. Simplicity Wealth LLC grew its holdings in shares of Walt Disney by 252.6% during the 1st quarter. Simplicity Wealth LLC now owns 17,138 shares of the entertainment giant's stock worth $1,691,000 after acquiring an additional 12,278 shares during the period. Fiduciary Financial Group LLC boosted its position in shares of Walt Disney by 45.2% in the 1st quarter. Fiduciary Financial Group LLC now owns 4,032 shares of the entertainment giant's stock worth $398,000 after purchasing an additional 1,255 shares in the last quarter. Finally, Integrated Advisors Network LLC boosted its position in shares of Walt Disney by 0.7% in the 1st quarter. Integrated Advisors Network LLC now owns 21,228 shares of the entertainment giant's stock worth $2,095,000 after purchasing an additional 139 shares in the last quarter. Institutional investors own 65.71% of the company's stock.

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.

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