Walt Disney (NYSE:DIS) Price Target Raised to $130.00

Walt Disney (NYSE:DIS) had its price target increased by Guggenheim from $110.00 to $130.00 in a report published on Friday,Benzinga reports. The firm currently has a buy rating on the entertainment giant’s stock.

DIS has been the subject of several other reports. Macquarie upped their price target on shares of Walt Disney from $91.00 to $110.00 and gave the company a “neutral” rating in a research report on Friday. UBS Group lowered their target price on Walt Disney from $130.00 to $120.00 and set a “buy” rating for the company in a research report on Thursday, August 8th. Seaport Res Ptn upgraded shares of Walt Disney from a “hold” rating to a “strong-buy” rating in a research report on Monday, September 30th. JPMorgan Chase & Co. dropped their target price on shares of Walt Disney from $135.00 to $125.00 and set an “overweight” rating on the stock in a report on Thursday, August 8th. Finally, Sanford C. Bernstein lifted their target price on Walt Disney from $115.00 to $120.00 and gave the stock an “outperform” rating in a report on Friday. Five research analysts have rated the stock with a hold rating, eighteen have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, Walt Disney presently has a consensus rating of “Moderate Buy” and an average target price of $123.57.

Walt Disney Price Performance

DIS traded up $5.96 on Friday, reaching $115.08. The stock had a trading volume of 32,048,032 shares, compared to its average volume of 11,005,124. The firm has a 50-day moving average of $95.57 and a 200-day moving average of $96.79. Walt Disney has a fifty-two week low of $83.91 and a fifty-two week high of $123.74. The company has a market capitalization of $208.71 billion, a price-to-earnings ratio of 44.25, a price-to-earnings-growth ratio of 1.67 and a beta of 1.40. The company has a current ratio of 0.72, a quick ratio of 0.66 and a debt-to-equity ratio of 0.38.

Institutional Investors Weigh In On Walt Disney

A number of hedge funds have recently bought and sold shares of DIS. ESL Trust Services LLC purchased a new stake in shares of Walt Disney in the first quarter worth approximately $31,000. William B. Walkup & Associates Inc. purchased a new stake in Walt Disney in the second quarter worth $32,000. Mascoma Wealth Management LLC lifted its position in shares of Walt Disney by 38.0% during the second quarter. Mascoma Wealth Management LLC now owns 443 shares of the entertainment giant’s stock worth $44,000 after purchasing an additional 122 shares during the last quarter. First PREMIER Bank boosted its position in Walt Disney by 98.1% in the 3rd quarter. First PREMIER Bank now owns 517 shares of the entertainment giant’s stock valued at $50,000 after buying an additional 256 shares during the period. Finally, FSA Wealth Management LLC bought a new position in Walt Disney in the 3rd quarter worth about $51,000. Hedge funds and other institutional investors own 65.71% of the company’s stock.

Walt Disney Company Profile

The Walt Disney Company operates as an entertainment company worldwide. It operates through three segments: Entertainment, Sports, and Experiences. The company produces and distributes film and television video streaming content under the ABC Television Network, Disney, Freeform, FX, Fox, National Geographic, and Star brand television channels, as well as ABC television stations and A+E television networks; and produces original content under the ABC Signature, Disney Branded Television, FX Productions, Lucasfilm, Marvel, National Geographic Studios, Pixar, Searchlight Pictures, Twentieth Century Studios, 20th Television, and Walt Disney Pictures banners.