UBS Group Cuts Walt Disney (NYSE:DIS) Price Target to $105.00

Walt Disney (NYSE:DIS) had its target price reduced by UBS Group from $130.00 to $105.00 in a research report released on Tuesday morning,Benzinga reports. They currently have a buy rating on the entertainment giant’s stock.

Other equities research analysts have also issued research reports about the stock. Loop Capital boosted their price objective on shares of Walt Disney from $125.00 to $130.00 and gave the stock a “buy” rating in a research note on Tuesday, March 4th. Morgan Stanley raised their price objective on shares of Walt Disney from $125.00 to $130.00 and gave the company an “overweight” rating in a research note on Thursday, February 6th. Redburn Atlantic upgraded shares of Walt Disney from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $100.00 to $147.00 in a report on Tuesday, January 7th. Citigroup reaffirmed a “buy” rating and set a $125.00 price target on shares of Walt Disney in a report on Wednesday, January 22nd. Finally, Rosenblatt Securities restated a “buy” rating and set a $135.00 target price on shares of Walt Disney in a research note on Monday, February 10th. Six analysts have rated the stock with a hold rating, sixteen have assigned a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $124.48.

Walt Disney Trading Up 2.4 %

Shares of DIS opened at $84.75 on Tuesday. The company has a quick ratio of 0.62, a current ratio of 0.68 and a debt-to-equity ratio of 0.36. The stock has a market capitalization of $153.21 billion, a P/E ratio of 27.61, a PEG ratio of 1.80 and a beta of 1.44. Walt Disney has a twelve month low of $80.10 and a twelve month high of $118.63. The firm has a fifty day simple moving average of $99.72 and a two-hundred day simple moving average of $104.39.

Walt Disney (NYSE:DIS) last issued its quarterly earnings data on Wednesday, February 5th. The entertainment giant reported $1.76 EPS for the quarter, topping the consensus estimate of $1.44 by $0.32. Walt Disney had a net margin of 6.07% and a return on equity of 9.95%. On average, research analysts anticipate that Walt Disney will post 5.47 EPS for the current year.

Hedge Funds Weigh In On Walt Disney

Several institutional investors have recently added to or reduced their stakes in DIS. Trek Financial LLC boosted its stake in shares of Walt Disney by 479.9% during the 4th quarter. Trek Financial LLC now owns 36,320 shares of the entertainment giant’s stock worth $4,044,000 after purchasing an additional 30,057 shares during the period. Brookstone Capital Management boosted its position in shares of Walt Disney by 10.5% during the fourth quarter. Brookstone Capital Management now owns 140,883 shares of the entertainment giant’s stock valued at $15,687,000 after buying an additional 13,339 shares during the period. Greystone Financial Group LLC grew its stake in shares of Walt Disney by 13.3% during the fourth quarter. Greystone Financial Group LLC now owns 85,187 shares of the entertainment giant’s stock valued at $9,486,000 after buying an additional 9,967 shares during the last quarter. Avanza Fonder AB purchased a new stake in shares of Walt Disney in the fourth quarter worth approximately $15,125,000. Finally, FourThought Financial Partners LLC purchased a new position in Walt Disney during the 4th quarter valued at $446,000. 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.