Walt Disney’s (DIS) Hold Rating Reiterated at UBS Group

UBS Group restated their hold rating on shares of Walt Disney (NYSE:DIS) in a research report released on Thursday morning, TipRanks reports. The firm currently has a $126.00 target price on the entertainment giant’s stock.

Several other research firms have also commented on DIS. SunTrust Banks upped their price objective on Walt Disney from $110.00 to $160.00 and gave the stock a hold rating in a research report on Tuesday, April 14th. JPMorgan Chase & Co. reissued a buy rating on shares of Walt Disney in a report on Friday, May 8th. Royal Bank of Canada cut their price objective on shares of Walt Disney from $110.00 to $108.00 and set a sector perform rating for the company in a report on Wednesday, May 6th. Loop Capital lowered shares of Walt Disney from a buy rating to a hold rating and set a $120.00 target price on the stock. in a research note on Tuesday, May 19th. Finally, Atlantic Securities upgraded Walt Disney from a neutral rating to an overweight rating and dropped their target price for the company from $153.00 to $119.00 in a research report on Thursday, April 2nd. Two investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating and thirteen have given a buy rating to the company’s stock. The company has an average rating of Hold and a consensus target price of $126.44.

NYSE DIS opened at $109.10 on Thursday. Walt Disney has a 1 year low of $79.07 and a 1 year high of $153.41. The company has a debt-to-equity ratio of 0.45, a current ratio of 0.94 and a quick ratio of 0.89. The company has a market capitalization of $197.06 billion, a PE ratio of 23.98, a P/E/G ratio of 11.64 and a beta of 1.09. The company has a fifty day moving average of $115.89 and a 200 day moving average of $122.58.

Walt Disney (NYSE:DIS) last issued its quarterly earnings data on Tuesday, May 5th. The entertainment giant reported $0.60 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.83 by ($0.23). Walt Disney had a net margin of 6.88% and a return on equity of 9.09%. The company had revenue of $18.01 billion during the quarter, compared to analyst estimates of $17.49 billion. During the same period last year, the firm earned $1.61 EPS. The business’s quarterly revenue was up 20.7% compared to the same quarter last year. Research analysts expect that Walt Disney will post 1.49 earnings per share for the current year.

Several large investors have recently bought and sold shares of DIS. Botty Investors LLC grew its stake in Walt Disney by 4.8% during the 4th quarter. Botty Investors LLC now owns 1,650 shares of the entertainment giant’s stock valued at $240,000 after acquiring an additional 75 shares in the last quarter. Rainier Group Investment Advisory LLC boosted its holdings in shares of Walt Disney by 2.0% during the 4th quarter. Rainier Group Investment Advisory LLC now owns 3,999 shares of the entertainment giant’s stock worth $578,000 after purchasing an additional 79 shares during the last quarter. Greatmark Investment Partners Inc. grew its position in shares of Walt Disney by 2.6% in the first quarter. Greatmark Investment Partners Inc. now owns 3,645 shares of the entertainment giant’s stock valued at $352,000 after purchasing an additional 93 shares in the last quarter. Diversified Trust Co increased its holdings in shares of Walt Disney by 4.0% in the first quarter. Diversified Trust Co now owns 2,571 shares of the entertainment giant’s stock valued at $248,000 after purchasing an additional 100 shares during the last quarter. Finally, Premier Asset Management LLC increased its holdings in shares of Walt Disney by 4.8% in the first quarter. Premier Asset Management LLC now owns 2,165 shares of the entertainment giant’s stock valued at $209,000 after purchasing an additional 100 shares during the last quarter. 62.81% of the stock is currently owned by hedge funds and other institutional investors.

About Walt Disney

The Walt Disney Company, together with its subsidiaries, operates as an entertainment company worldwide. The company's Media Networks segment operates cable programming businesses under the ESPN, Disney, and Freeform brands; broadcast businesses, including ABC TV Network and eight owned television stations; and radio businesses.

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Analyst Recommendations for Walt Disney (NYSE:DIS)

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