Walt Disney Company (The) (DIS) Given Buy Rating at Loop Capital, Report finds

Walt Disney Company (The) (DIS) Given Buy Rating at Loop Capital, Report finds

Walt Disney Company (The) (NYSE:DIS)‘s stock had its “buy” rating reaffirmed by Loop Capital in a research report issued to clients and investors on Wednesday. They currently have a $118.00 target price on the entertainment giant’s stock. Loop Capital’s price target would indicate a potential upside of 8.26% from the company’s previous close.

DIS has been the topic of several other research reports. Cowen and Company set a $90.00 price objective on shares of Walt Disney Company (The) and gave the stock a “hold” rating in a report on Wednesday, December 7th. Zacks Investment Research downgraded shares of Walt Disney Company (The) from a “hold” rating to a “sell” rating in a report on Wednesday, October 19th. RBC Capital Markets upgraded shares of Walt Disney Company (The) from a “sector perform” rating to an “outperform” rating and upped their price objective for the stock from $101.00 to $130.00 in a report on Thursday, January 5th. Brean Capital restated a “hold” rating on shares of Walt Disney Company (The) in a report on Thursday, October 27th. Finally, Jefferies Group LLC restated a “hold” rating and set a $92.00 price objective on shares of Walt Disney Company (The) in a report on Wednesday, October 12th. Five equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and twenty-one have given a buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of $114.00.

Shares of Walt Disney Company (NYSE:DIS) remained flat at $109.00 during mid-day trading on Wednesday. The stock had a trading volume of 13,615,543 shares. The stock has a market cap of $173.47 billion, a PE ratio of 19.02 and a beta of 1.25. Walt Disney Company has a 52 week low of $86.96 and a 52 week high of $111.99. The company’s 50 day moving average is $107.85 and its 200-day moving average is $98.62.

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

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

In other news, EVP Brent Woodford sold 2,000 shares of the business’s stock in a transaction on Monday, January 30th. The shares were sold at an average price of $110.50, for a total transaction of $221,000.00. Following the sale, the executive vice president now owns 27,745 shares in the company, valued at approximately $3,065,822.50. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, EVP Alan N. Braverman sold 19,871 shares of the business’s stock in a transaction on Wednesday, November 16th. The shares were sold at an average price of $99.00, for a total transaction of $1,967,229.00. Following the sale, the executive vice president now owns 135,614 shares in the company, valued at approximately $13,425,786. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 33,108 shares of company stock worth $3,372,163. Company insiders own 13.00% of the company’s stock.

Several hedge funds 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 valued at $105,000 after buying an additional 845 shares during the last quarter. 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 valued at $111,000 after buying an additional 500 shares during the last quarter. TLP Group LLC acquired a new stake in shares of Walt Disney Company (The) during the third quarter valued at about $129,000. Cordasco Financial Network raised its stake in shares of 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 valued at $147,000 after buying an additional 900 shares during the last quarter. Finally, Massey Quick & Co. LLC acquired a new stake in shares of Walt Disney Company (The) during the fourth quarter valued at about $152,000. Hedge funds and other institutional investors own 58.36% 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.

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Walt Disney Company (The) (DIS) Given Buy Rating at Loop Capital

Walt Disney Company (The) (DIS) Given Buy Rating at Loop Capital

Walt Disney Company (The) (NYSE:DIS)‘s stock had its “buy” rating reaffirmed by Loop Capital in a research report issued to clients and investors on Wednesday. They currently have a $118.00 target price on the entertainment giant’s stock. Loop Capital’s price target would indicate a potential upside of 8.26% from the company’s previous close.

DIS has been the topic of several other research reports. Cowen and Company set a $90.00 price objective on shares of Walt Disney Company (The) and gave the stock a “hold” rating in a report on Wednesday, December 7th. Zacks Investment Research downgraded shares of Walt Disney Company (The) from a “hold” rating to a “sell” rating in a report on Wednesday, October 19th. RBC Capital Markets upgraded shares of Walt Disney Company (The) from a “sector perform” rating to an “outperform” rating and upped their price objective for the stock from $101.00 to $130.00 in a report on Thursday, January 5th. Brean Capital restated a “hold” rating on shares of Walt Disney Company (The) in a report on Thursday, October 27th. Finally, Jefferies Group LLC restated a “hold” rating and set a $92.00 price objective on shares of Walt Disney Company (The) in a report on Wednesday, October 12th. Five equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and twenty-one have given a buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of $114.00.

Shares of Walt Disney Company (NYSE:DIS) remained flat at $109.00 during mid-day trading on Wednesday. The stock had a trading volume of 13,615,543 shares. The stock has a market cap of $173.47 billion, a PE ratio of 19.02 and a beta of 1.25. Walt Disney Company has a 52 week low of $86.96 and a 52 week high of $111.99. The company’s 50 day moving average is $107.85 and its 200-day moving average is $98.62.

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

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

In other news, EVP Brent Woodford sold 2,000 shares of the business’s stock in a transaction on Monday, January 30th. The shares were sold at an average price of $110.50, for a total transaction of $221,000.00. Following the sale, the executive vice president now owns 27,745 shares in the company, valued at approximately $3,065,822.50. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, EVP Alan N. Braverman sold 19,871 shares of the business’s stock in a transaction on Wednesday, November 16th. The shares were sold at an average price of $99.00, for a total transaction of $1,967,229.00. Following the sale, the executive vice president now owns 135,614 shares in the company, valued at approximately $13,425,786. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 33,108 shares of company stock worth $3,372,163. Company insiders own 13.00% of the company’s stock.

Several hedge funds 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 valued at $105,000 after buying an additional 845 shares during the last quarter. 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 valued at $111,000 after buying an additional 500 shares during the last quarter. TLP Group LLC acquired a new stake in shares of Walt Disney Company (The) during the third quarter valued at about $129,000. Cordasco Financial Network raised its stake in shares of 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 valued at $147,000 after buying an additional 900 shares during the last quarter. Finally, Massey Quick & Co. LLC acquired a new stake in shares of Walt Disney Company (The) during the fourth quarter valued at about $152,000. Hedge funds and other institutional investors own 58.36% 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.

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