Walt Disney (NYSE:DIS) has been assigned a $100.00 target price by research analysts at Sanford C. Bernstein in a report released on Wednesday. The firm presently has a “hold” rating on the entertainment giant’s stock. Sanford C. Bernstein’s price objective would indicate a potential downside of 8.73% from the stock’s previous close.
A number of other research analysts have also recently weighed in on the company. Zacks Investment Research cut Walt Disney from a “hold” rating to a “sell” rating in a research report on Tuesday. Edward Jones cut Walt Disney from a “buy” rating to a “hold” rating in a research report on Friday, December 15th. Wells Fargo & Company restated a “buy” rating and issued a $135.00 price target on shares of Walt Disney in a research report on Friday, December 15th. Piper Jaffray Companies set a $125.00 price target on Walt Disney and gave the company a “buy” rating in a research report on Friday, December 15th. Finally, Pivotal Research raised their price target on Walt Disney from $83.00 to $91.00 and gave the company a “sell” rating in a research report on Thursday, December 14th. Four analysts have rated the stock with a sell rating, fifteen have given a hold rating and seventeen have assigned a buy rating to the company. The stock has an average rating of “Hold” and an average price target of $113.20.
Walt Disney (NYSE:DIS) opened at $109.57 on Wednesday. The stock has a market capitalization of $165,333.78, a price-to-earnings ratio of 19.24, a price-to-earnings-growth ratio of 2.34 and a beta of 1.38. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.81 and a quick ratio of 0.74. Walt Disney has a 52-week low of $96.20 and a 52-week high of $116.10.
A number of institutional investors have recently bought and sold shares of DIS. Parametric Portfolio Associates LLC boosted its stake in Walt Disney by 3.4% in the 3rd quarter. Parametric Portfolio Associates LLC now owns 3,406,988 shares of the entertainment giant’s stock worth $335,827,000 after buying an additional 111,031 shares during the last quarter. Institutional & Family Asset Management LLC acquired a new stake in Walt Disney in the 3rd quarter worth about $253,000. Steward Partners Investment Advisory LLC acquired a new stake in Walt Disney in the 3rd quarter worth about $3,160,000. New Mexico Educational Retirement Board boosted its stake in Walt Disney by 5.5% in the 3rd quarter. New Mexico Educational Retirement Board now owns 142,620 shares of the entertainment giant’s stock worth $14,058,000 after buying an additional 7,400 shares during the last quarter. Finally, Coastline Trust Co boosted its stake in Walt Disney by 77.2% in the 3rd quarter. Coastline Trust Co now owns 21,725 shares of the entertainment giant’s stock worth $2,142,000 after buying an additional 9,465 shares during the last quarter. Hedge funds and other institutional investors own 61.39% of the company’s stock.
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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.
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