Walt Disney Company (The) (DIS) Rating Reiterated by Sanford C. Bernstein

Walt Disney Company (The) (NYSE:DIS)‘s stock had its “market perform” rating reissued by equities research analysts at Sanford C. Bernstein in a research note issued on Tuesday.

DIS has been the topic of a number of other research reports. BidaskClub upgraded shares of Walt Disney Company (The) from a “sell” rating to a “hold” rating in a research note on Monday, July 24th. Credit Suisse Group reiterated a “buy” rating and set a $125.00 price objective on shares of Walt Disney Company (The) in a research note on Sunday, May 28th. Macquarie lowered shares of Walt Disney Company (The) from an “outperform” rating to a “neutral” rating and lifted their price objective for the company from $90.32 to $105.00 in a research note on Wednesday, May 17th. Deutsche Bank AG reiterated a “buy” rating and set a $125.00 price objective (down previously from $130.00) on shares of Walt Disney Company (The) in a research note on Monday, May 15th. Finally, Piper Jaffray Companies set a $130.00 price objective on shares of Walt Disney Company (The) and gave the company a “buy” rating in a research note on Tuesday, August 22nd. Four investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating and twenty-one have given a buy rating to the company. The stock has an average rating of “Hold” and an average price target of $113.98.

Shares of Walt Disney Company (DIS) traded up 0.81% during midday trading on Tuesday, hitting $97.88. 7,578,507 shares of the company’s stock were exchanged. The stock has a market cap of $151.08 billion, a PE ratio of 17.36 and a beta of 1.42. Walt Disney Company has a 1-year low of $90.32 and a 1-year high of $116.10. The stock’s 50 day moving average is $103.83 and its 200-day moving average is $108.06.

Walt Disney Company (The) (NYSE:DIS) last posted its quarterly earnings data on Tuesday, August 8th. The entertainment giant reported $1.58 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.53 by $0.05. The company had revenue of $14.24 billion for the quarter, compared to analyst estimates of $14.44 billion. Walt Disney Company (The) had a net margin of 16.22% and a return on equity of 19.69%. The business’s quarterly revenue was down .3% on a year-over-year basis. During the same quarter last year, the firm posted $1.62 earnings per share. Analysts predict that Walt Disney Company will post $5.82 earnings per share for the current fiscal year.

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In other Walt Disney Company (The) news, Director Maria Elena Lagomasino purchased 976 shares of the company’s stock in a transaction on Thursday, August 10th. The shares were purchased at an average cost of $102.34 per share, for a total transaction of $99,883.84. Following the completion of the transaction, the director now owns 7,513 shares in the company, valued at $768,880.42. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 13.00% of the stock is currently owned by insiders.

A number of institutional investors have recently modified their holdings of DIS. Private Capital Advisors Inc. raised its position in Walt Disney Company (The) by 0.8% in the first quarter. Private Capital Advisors Inc. now owns 36,850 shares of the entertainment giant’s stock worth $4,178,000 after acquiring an additional 300 shares in the last quarter. Univest Corp of Pennsylvania raised its position in Walt Disney Company (The) by 8.7% in the first quarter. Univest Corp of Pennsylvania now owns 43,787 shares of the entertainment giant’s stock worth $4,965,000 after acquiring an additional 3,493 shares in the last quarter. Pennsylvania Trust Co raised its position in Walt Disney Company (The) by 1.2% in the first quarter. Pennsylvania Trust Co now owns 173,049 shares of the entertainment giant’s stock worth $19,622,000 after acquiring an additional 1,993 shares in the last quarter. Gradient Investments LLC raised its position in Walt Disney Company (The) by 2.5% in the first quarter. Gradient Investments LLC now owns 4,636 shares of the entertainment giant’s stock worth $526,000 after acquiring an additional 112 shares in the last quarter. Finally, CrestPoint Capital Management LLC raised its position in Walt Disney Company (The) by 24.6% in the first quarter. CrestPoint Capital Management LLC now owns 7,600 shares of the entertainment giant’s stock worth $862,000 after acquiring an additional 1,500 shares in the last quarter. Hedge funds and other institutional investors own 61.48% of the company’s stock.

Walt Disney Company (The) Company Profile

The Walt Disney Company is an entertainment company. The Company operates in four business segments: Media Networks, Parks and Resorts, Studio Entertainment, and Consumer Products & Interactive Media. The media networks segment includes cable and broadcast television networks, television production and distribution operations, domestic television stations, and radio networks and stations.

Analyst Recommendations for Walt Disney Company (The) (NYSE:DIS)

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