Loop Capital Raises Walt Disney (NYSE:DIS) Price Target to $130.00

Walt Disney (NYSE:DIS) had its target price raised by analysts at Loop Capital from $125.00 to $130.00 in a research report issued on Tuesday,Benzinga reports. The firm currently has a “buy” rating on the entertainment giant’s stock. Loop Capital’s price objective points to a potential upside of 19.41% from the company’s current price.

Other analysts also recently issued research reports about the stock. Citigroup reissued a “buy” rating and issued a $125.00 price objective on shares of Walt Disney in a report on Wednesday, January 22nd. Guggenheim raised their price objective on Walt Disney from $110.00 to $130.00 and gave the stock a “buy” rating in a research note on Friday, November 15th. Prescient Securities cut their target price on Walt Disney from $130.00 to $115.00 and set a “neutral” rating for the company in a research report on Tuesday, February 4th. Jefferies Financial Group initiated coverage on Walt Disney in a report on Wednesday, December 4th. They set a “hold” rating and a $120.00 target price on the stock. Finally, Evercore ISI boosted their price target on Walt Disney from $128.00 to $134.00 and gave the company an “outperform” rating in a research note on Monday, November 18th. Six investment analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, Walt Disney has an average rating of “Moderate Buy” and an average price target of $125.64.

Walt Disney Stock Performance

Shares of Walt Disney stock traded down $3.92 on Tuesday, hitting $108.87. The stock had a trading volume of 12,650,699 shares, compared to its average volume of 9,570,973. The stock has a market cap of $196.81 billion, a price-to-earnings ratio of 35.46, a price-to-earnings-growth ratio of 1.80 and a beta of 1.42. The business’s 50 day moving average is $110.70 and its two-hundred day moving average is $103.66. The company has a quick ratio of 0.62, a current ratio of 0.68 and a debt-to-equity ratio of 0.36. Walt Disney has a twelve month low of $83.91 and a twelve month high of $123.74.

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

Insider Transactions at Walt Disney

In other news, EVP Brent Woodford sold 8,000 shares of Walt Disney stock in a transaction on Wednesday, December 11th. The shares were sold at an average price of $114.74, for a total transaction of $917,920.00. Following the transaction, the executive vice president now owns 44,055 shares in the company, valued at approximately $5,054,870.70. The trade was a 15.37 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.16% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Mpwm Advisory Solutions LLC bought a new position in shares of Walt Disney during the fourth quarter worth about $27,000. FPC Investment Advisory Inc. bought a new stake in Walt Disney in the fourth quarter valued at approximately $28,000. Tacita Capital Inc increased its position in Walt Disney by 93.2% during the 4th quarter. Tacita Capital Inc now owns 257 shares of the entertainment giant’s stock valued at $29,000 after purchasing an additional 124 shares during the period. Pilgrim Partners Asia Pte Ltd bought a new position in Walt Disney during the 4th quarter worth approximately $32,000. Finally, Midwest Capital Advisors LLC acquired a new position in shares of Walt Disney in the 4th quarter worth approximately $34,000. 65.71% of the stock is owned by institutional investors and hedge funds.

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.