Walt Disney (DIS) PT Raised to $140.00 at Loop Capital

Walt Disney (NYSE:DIS) had its price objective hoisted by investment analysts at Loop Capital to $140.00 in a research report issued to clients and investors on Monday, April 15th, The Fly reports. The firm currently has a “buy” rating on the entertainment giant’s stock. Loop Capital’s price target points to a potential upside of 4.92% from the stock’s previous close.

Several other equities analysts have also issued reports on the company. BMO Capital Markets raised their price target on Walt Disney from $109.00 to $114.00 and gave the stock a “market perform” rating in a research report on Thursday, February 7th. Credit Suisse Group restated a “hold” rating and issued a $114.00 target price on shares of Walt Disney in a research note on Tuesday, January 22nd. Edward Jones upgraded Walt Disney from a “hold” rating to a “buy” rating in a research note on Wednesday, February 13th. BTIG Research upgraded Walt Disney from a “sell” rating to a “neutral” rating in a report on Monday, April 15th. Finally, Tigress Financial restated a “buy” rating on shares of Walt Disney in a research note on Tuesday, February 12th. One research analyst has rated the stock with a sell rating, four have given a hold rating and nineteen have issued a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average target price of $141.52.

DIS stock opened at $133.44 on Monday. Walt Disney has a 52 week low of $98.81 and a 52 week high of $142.37. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.00 and a quick ratio of 0.92. The stock has a market capitalization of $200.26 billion, a P/E ratio of 18.85, a P/E/G ratio of 3.47 and a beta of 1.00.

Walt Disney (NYSE:DIS) last issued its quarterly earnings results on Tuesday, February 5th. The entertainment giant reported $1.84 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.57 by $0.27. Walt Disney had a return on equity of 20.50% and a net margin of 18.46%. The firm had revenue of $15.30 billion for the quarter, compared to analyst estimates of $15.20 billion. During the same period in the previous year, the firm earned $1.89 earnings per share. The company’s revenue was down .3% compared to the same quarter last year. On average, sell-side analysts predict that Walt Disney will post 6.79 earnings per share for the current fiscal year.

In other Walt Disney news, EVP Brent Woodford sold 2,000 shares of the company’s stock in a transaction on Thursday, February 21st. The shares were sold at an average price of $114.35, for a total value of $228,700.00. Following the completion of the transaction, the executive vice president now owns 26,517 shares in the company, valued at $3,032,218.95. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Zenia B. Mucha sold 33,000 shares of the company’s stock in a transaction on Friday, April 12th. The shares were sold at an average price of $128.88, for a total transaction of $4,253,040.00. The disclosure for this sale can be found here. Insiders own 0.36% of the company’s stock.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Sumitomo Mitsui Trust Holdings Inc. grew its position in shares of Walt Disney by 20.2% in the first quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 7,246,602 shares of the entertainment giant’s stock valued at $804,590,000 after purchasing an additional 1,217,600 shares during the last quarter. Mizuho Securities Co. Ltd. grew its position in shares of Walt Disney by 471.4% in the first quarter. Mizuho Securities Co. Ltd. now owns 2,000 shares of the entertainment giant’s stock valued at $222,000 after purchasing an additional 1,650 shares during the last quarter. Laurion Capital Management LP grew its position in shares of Walt Disney by 1,935.6% in the first quarter. Laurion Capital Management LP now owns 2,035,603 shares of the entertainment giant’s stock valued at $226,013,000 after purchasing an additional 1,935,603 shares during the last quarter. Knuff & Co LLC grew its position in shares of Walt Disney by 4.1% in the first quarter. Knuff & Co LLC now owns 24,285 shares of the entertainment giant’s stock valued at $2,696,000 after purchasing an additional 950 shares during the last quarter. Finally, PFG Advisors acquired a new stake in shares of Walt Disney in the first quarter valued at approximately $227,000. Institutional investors own 65.92% of the company’s stock.

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.

Read More: Blockchain

The Fly

Analyst Recommendations for Walt Disney (NYSE:DIS)

Receive News & Ratings for Walt Disney Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Walt Disney and related companies with MarketBeat.com's FREE daily email newsletter.