Vetr upgraded shares of Walt Disney (NYSE:DIS) from a hold rating to a buy rating in a research report released on Monday, January 1st. They currently have $112.50 price objective on the entertainment giant’s stock.
DIS has been the topic of several other reports. Zacks Investment Research upgraded Walt Disney from a sell rating to a hold rating in a research note on Friday, November 3rd. Edward Jones lowered Walt Disney from a buy rating to a hold rating in a research note on Friday, December 15th. Wells Fargo & Co restated a buy rating and set a $135.00 price target on shares of Walt Disney in a research note on Friday, December 15th. Barclays decreased their price objective on Walt Disney from $98.00 to $94.00 and set an equal weight rating on the stock in a report on Friday, October 13th. Finally, B. Riley reaffirmed a hold rating and set a $101.00 price objective (up from $97.00) on shares of Walt Disney in a report on Friday, November 10th. Four equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating, eighteen have given a buy rating and one has given a strong buy rating to the company’s stock. Walt Disney presently has a consensus rating of Hold and an average target price of $115.77.
Walt Disney (DIS) traded down $0.47 during trading on Monday, hitting $109.47. The stock had a trading volume of 6,056,200 shares, compared to its average volume of 7,660,643. Walt Disney has a twelve month low of $96.20 and a twelve month high of $116.10. The company has a quick ratio of 0.74, a current ratio of 0.81 and a debt-to-equity ratio of 0.42. The company has a market capitalization of $166,690.00, a price-to-earnings ratio of 19.27, a PEG ratio of 2.38 and a beta of 1.38.
Walt Disney (NYSE:DIS) last issued its quarterly earnings results on Thursday, November 9th. The entertainment giant reported $1.07 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.12 by ($0.05). Walt Disney had a net margin of 14.59% and a return on equity of 16.71%. The firm had revenue of $12.78 billion for the quarter, compared to the consensus estimate of $13.30 billion. During the same quarter in the prior year, the firm earned $1.10 earnings per share. The company’s revenue was down 2.8% on a year-over-year basis. analysts predict that Walt Disney will post 6.23 earnings per share for the current year.
The firm also recently announced a Semi-Annual dividend, which will be paid on Thursday, January 11th. Stockholders of record on Monday, December 11th will be issued a $0.84 dividend. The ex-dividend date of this dividend is Friday, December 8th. Walt Disney’s payout ratio is currently 29.58%.
Institutional investors and hedge funds have recently made changes to their positions in the company. North Star Investment Management Corp. raised its position in Walt Disney by 2.5% in the 4th quarter. North Star Investment Management Corp. now owns 33,369 shares of the entertainment giant’s stock worth $3,587,000 after purchasing an additional 800 shares during the last quarter. Country Trust Bank raised its position in Walt Disney by 1.8% in the 4th quarter. Country Trust Bank now owns 165,761 shares of the entertainment giant’s stock worth $17,821,000 after purchasing an additional 2,954 shares during the last quarter. Trust Co raised its position in Walt Disney by 1.8% in the 3rd quarter. Trust Co now owns 31,888 shares of the entertainment giant’s stock worth $3,143,000 after purchasing an additional 563 shares during the last quarter. LVM Capital Management Ltd. MI raised its position in shares of Walt Disney by 1.6% during the 4th quarter. LVM Capital Management Ltd. MI now owns 83,992 shares of the entertainment giant’s stock valued at $9,030,000 after acquiring an additional 1,315 shares during the last quarter. Finally, Windward Capital Management Co. CA raised its position in shares of Walt Disney by 129.8% during the 4th quarter. Windward Capital Management Co. CA now owns 115,084 shares of the entertainment giant’s stock valued at $12,372,000 after acquiring an additional 64,997 shares during the last quarter. 61.52% of the stock is currently owned by institutional investors and hedge funds.
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Walt Disney 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.
To view Vetr’s full report, visit Vetr’s official website.
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