Guggenheim Reaffirms “Neutral” Rating for Walt Disney Company (The) (DIS), Report finds

Guggenheim Reaffirms “Neutral” Rating for Walt Disney Company (The) (DIS), Report finds

Walt Disney Company (The) (NYSE:DIS)‘s stock had its “neutral” rating reissued by analysts at Guggenheim in a report issued on Wednesday. They presently have a $118.00 target price on the entertainment giant’s stock. Guggenheim’s target price points to a potential upside of 8.26% from the company’s current price.

Other research analysts also recently issued reports about the company. Vetr upgraded Walt Disney Company (The) from a “sell” rating to a “hold” rating and set a $102.04 price target for the company in a research note on Tuesday, December 13th. Credit Suisse Group restated an “outperform” rating and issued a $125.00 price target (down from $128.00) on shares of Walt Disney Company (The) in a research note on Thursday, October 27th. BMO Capital Markets downgraded Walt Disney Company (The) from a “market perform” rating to an “underperform” rating and decreased their price target for the company from $90.00 to $88.00 in a research note on Wednesday, January 18th. Drexel Hamilton restated a “hold” rating and issued a $107.00 price target on shares of Walt Disney Company (The) in a research note on Thursday, January 12th. Finally, Pivotal Research restated a “sell” rating and issued a $85.00 price target (down from $102.00) on shares of Walt Disney Company (The) in a research note on Thursday, January 12th. Five investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and twenty-one have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of $113.97.

Shares of Walt Disney Company (NYSE:DIS) remained flat at $109.00 on Wednesday. 13,615,543 shares of the company’s stock traded hands. Walt Disney Company has a 52-week low of $86.96 and a 52-week high of $111.99. The firm has a 50-day moving average price of $107.85 and a 200-day moving average price of $98.62. The company has a market cap of $173.47 billion, a P/E ratio of 19.02 and a beta of 1.25.

Walt Disney Company (The) (NYSE:DIS) last announced its earnings results on Tuesday, February 7th. The entertainment giant reported $1.55 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.50 by $0.05. Walt Disney Company (The) had a return on equity of 19.81% and a net margin of 16.88%. The business had revenue of $14.78 billion for the quarter, compared to analyst estimates of $15.30 billion. During the same quarter last year, the firm earned $1.63 EPS. Walt Disney Company (The)’s revenue for the quarter was down 3.0% compared to the same quarter last year. On average, equities research analysts anticipate that Walt Disney Company will post $5.91 earnings per share for the current fiscal year.

The firm also recently declared a semiannual dividend, which was paid on Wednesday, January 11th. Investors of record on Monday, December 12th were given a dividend of $0.78 per share. This represents a dividend yield of 1.58%. This is an increase from Walt Disney Company (The)’s previous semiannual dividend of $0.71. The ex-dividend date was Thursday, December 8th. Walt Disney Company (The)’s dividend payout ratio (DPR) is presently 27.27%.

In other Walt Disney Company (The) news, EVP Brent Woodford sold 2,000 shares of the stock in a transaction on Monday, January 30th. The stock was sold at an average price of $110.50, for a total transaction of $221,000.00. Following the completion of the transaction, the executive vice president now directly owns 27,745 shares of the company’s stock, valued at $3,065,822.50. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Alan N. Braverman sold 19,871 shares of the stock in a transaction on Wednesday, November 16th. The shares were sold at an average price of $99.00, for a total value of $1,967,229.00. Following the transaction, the executive vice president now directly owns 135,614 shares of the company’s stock, valued at $13,425,786. The disclosure for this sale can be found here. Insiders have sold 33,108 shares of company stock valued at $3,372,163 over the last ninety days. 13.00% of the stock is currently owned by company insiders.

A number of institutional investors have recently made changes to their positions in DIS. Balentine LLC raised its stake in shares of Walt Disney Company (The) by 365.8% in the second quarter. Balentine LLC now owns 1,076 shares of the entertainment giant’s stock worth $105,000 after buying an additional 845 shares during the period. Lombard Odier Transatlantic Limited Partnership raised its stake in shares of Walt Disney Company (The) by 71.4% in the third quarter. Lombard Odier Transatlantic Limited Partnership now owns 1,200 shares of the entertainment giant’s stock worth $111,000 after buying an additional 500 shares during the period. TLP Group LLC bought a new stake in shares of Walt Disney Company (The) during the third quarter worth about $129,000. Cordasco Financial Network increased its position in Walt Disney Company (The) by 149.8% in the second quarter. Cordasco Financial Network now owns 1,501 shares of the entertainment giant’s stock worth $147,000 after buying an additional 900 shares in the last quarter. Finally, Massey Quick & Co. LLC acquired a new position in Walt Disney Company (The) during the fourth quarter worth approximately $152,000. 58.36% of the stock is owned by institutional investors and hedge funds.

About Walt Disney Company (The)

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.

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Guggenheim Reaffirms “Neutral” Rating for Walt Disney Company (The) (DIS)

Guggenheim Reaffirms “Neutral” Rating for Walt Disney Company (The) (DIS)

Walt Disney Company (The) (NYSE:DIS)‘s stock had its “neutral” rating reissued by analysts at Guggenheim in a report issued on Wednesday. They presently have a $118.00 target price on the entertainment giant’s stock. Guggenheim’s target price points to a potential upside of 8.26% from the company’s current price.

Other research analysts also recently issued reports about the company. Vetr upgraded Walt Disney Company (The) from a “sell” rating to a “hold” rating and set a $102.04 price target for the company in a research note on Tuesday, December 13th. Credit Suisse Group restated an “outperform” rating and issued a $125.00 price target (down from $128.00) on shares of Walt Disney Company (The) in a research note on Thursday, October 27th. BMO Capital Markets downgraded Walt Disney Company (The) from a “market perform” rating to an “underperform” rating and decreased their price target for the company from $90.00 to $88.00 in a research note on Wednesday, January 18th. Drexel Hamilton restated a “hold” rating and issued a $107.00 price target on shares of Walt Disney Company (The) in a research note on Thursday, January 12th. Finally, Pivotal Research restated a “sell” rating and issued a $85.00 price target (down from $102.00) on shares of Walt Disney Company (The) in a research note on Thursday, January 12th. Five investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and twenty-one have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of $113.97.

Shares of Walt Disney Company (NYSE:DIS) remained flat at $109.00 on Wednesday. 13,615,543 shares of the company’s stock traded hands. Walt Disney Company has a 52-week low of $86.96 and a 52-week high of $111.99. The firm has a 50-day moving average price of $107.85 and a 200-day moving average price of $98.62. The company has a market cap of $173.47 billion, a P/E ratio of 19.02 and a beta of 1.25.

Walt Disney Company (The) (NYSE:DIS) last announced its earnings results on Tuesday, February 7th. The entertainment giant reported $1.55 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.50 by $0.05. Walt Disney Company (The) had a return on equity of 19.81% and a net margin of 16.88%. The business had revenue of $14.78 billion for the quarter, compared to analyst estimates of $15.30 billion. During the same quarter last year, the firm earned $1.63 EPS. Walt Disney Company (The)’s revenue for the quarter was down 3.0% compared to the same quarter last year. On average, equities research analysts anticipate that Walt Disney Company will post $5.91 earnings per share for the current fiscal year.

The firm also recently declared a semiannual dividend, which was paid on Wednesday, January 11th. Investors of record on Monday, December 12th were given a dividend of $0.78 per share. This represents a dividend yield of 1.58%. This is an increase from Walt Disney Company (The)’s previous semiannual dividend of $0.71. The ex-dividend date was Thursday, December 8th. Walt Disney Company (The)’s dividend payout ratio (DPR) is presently 27.27%.

In other Walt Disney Company (The) news, EVP Brent Woodford sold 2,000 shares of the stock in a transaction on Monday, January 30th. The stock was sold at an average price of $110.50, for a total transaction of $221,000.00. Following the completion of the transaction, the executive vice president now directly owns 27,745 shares of the company’s stock, valued at $3,065,822.50. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Alan N. Braverman sold 19,871 shares of the stock in a transaction on Wednesday, November 16th. The shares were sold at an average price of $99.00, for a total value of $1,967,229.00. Following the transaction, the executive vice president now directly owns 135,614 shares of the company’s stock, valued at $13,425,786. The disclosure for this sale can be found here. Insiders have sold 33,108 shares of company stock valued at $3,372,163 over the last ninety days. 13.00% of the stock is currently owned by company insiders.

A number of institutional investors have recently made changes to their positions in DIS. Balentine LLC raised its stake in shares of Walt Disney Company (The) by 365.8% in the second quarter. Balentine LLC now owns 1,076 shares of the entertainment giant’s stock worth $105,000 after buying an additional 845 shares during the period. Lombard Odier Transatlantic Limited Partnership raised its stake in shares of Walt Disney Company (The) by 71.4% in the third quarter. Lombard Odier Transatlantic Limited Partnership now owns 1,200 shares of the entertainment giant’s stock worth $111,000 after buying an additional 500 shares during the period. TLP Group LLC bought a new stake in shares of Walt Disney Company (The) during the third quarter worth about $129,000. Cordasco Financial Network increased its position in Walt Disney Company (The) by 149.8% in the second quarter. Cordasco Financial Network now owns 1,501 shares of the entertainment giant’s stock worth $147,000 after buying an additional 900 shares in the last quarter. Finally, Massey Quick & Co. LLC acquired a new position in Walt Disney Company (The) during the fourth quarter worth approximately $152,000. 58.36% of the stock is owned by institutional investors and hedge funds.

About Walt Disney Company (The)

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.

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