Walt Disney (NYSE:DIS) Shares Down 0.2%

The Walt Disney Company (NYSE:DIS) shares fell 0.2% during trading on Friday . The stock traded as low as $101.70 and last traded at $102.00. 2,291,615 shares traded hands during trading, a decline of 80% from the average session volume of 11,331,170 shares. The stock had previously closed at $102.17.

Analyst Ratings Changes

Several research firms have recently commented on DIS. Barclays decreased their price target on shares of Walt Disney from $135.00 to $130.00 and set an “overweight” rating on the stock in a research note on Wednesday, May 8th. Bank of America increased their price target on shares of Walt Disney from $130.00 to $145.00 and gave the company a “buy” rating in a research note on Monday, April 1st. Needham & Company LLC restated a “buy” rating and issued a $145.00 price objective on shares of Walt Disney in a report on Tuesday, May 7th. Argus increased their price objective on shares of Walt Disney from $125.00 to $140.00 and gave the company a “buy” rating in a report on Wednesday, April 10th. Finally, Deutsche Bank Aktiengesellschaft increased their price objective on shares of Walt Disney from $125.00 to $130.00 and gave the company a “buy” rating in a report on Monday, May 6th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and twenty-two have assigned a buy rating to the stock. According to data from MarketBeat, Walt Disney presently has a consensus rating of “Moderate Buy” and an average price target of $126.50.

Walt Disney Stock Down 3.2 %

The company has a market capitalization of $180.23 billion, a price-to-earnings ratio of 110.87, a price-to-earnings-growth ratio of 1.27 and a beta of 1.40. The firm’s 50 day moving average price is $105.23 and its two-hundred day moving average price is $104.53. The company has a current ratio of 0.75, a quick ratio of 0.69 and a debt-to-equity ratio of 0.38.

Walt Disney (NYSE:DIS) last announced its quarterly earnings results on Tuesday, May 7th. The entertainment giant reported $1.21 EPS for the quarter, beating analysts’ consensus estimates of $1.12 by $0.09. Walt Disney had a net margin of 1.90% and a return on equity of 8.37%. The business had revenue of $22.08 billion for the quarter, compared to analyst estimates of $22.12 billion. During the same quarter in the prior year, the business earned $0.93 EPS. Walt Disney’s quarterly revenue was up 1.2% on a year-over-year basis. Sell-side analysts anticipate that The Walt Disney Company will post 4.75 earnings per share for the current fiscal year.

Insider Activity at Walt Disney

In related news, EVP Sonia L. Coleman sold 1,857 shares of the company’s stock in a transaction dated Monday, April 1st. The shares were sold at an average price of $121.92, for a total value of $226,405.44. Following the transaction, the executive vice president now owns 4,400 shares in the company, valued at approximately $536,448. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. In other Walt Disney news, EVP Sonia L. Coleman sold 1,857 shares of the business’s stock in a transaction dated Monday, April 1st. The shares were sold at an average price of $121.92, for a total value of $226,405.44. Following the completion of the sale, the executive vice president now owns 4,400 shares of the company’s stock, valued at approximately $536,448. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director James P. Gorman acquired 20,000 shares of the business’s stock in a transaction on Wednesday, May 8th. The stock was acquired at an average cost of $106.03 per share, with a total value of $2,120,600.00. Following the acquisition, the director now directly owns 20,467 shares in the company, valued at $2,170,116.01. The disclosure for this purchase can be found here. 0.10% of the stock is owned by company insiders.

Institutional Trading of Walt Disney

Institutional investors have recently bought and sold shares of the business. Avitas Wealth Management LLC lifted its holdings in shares of Walt Disney by 2.2% during the 4th quarter. Avitas Wealth Management LLC now owns 11,037 shares of the entertainment giant’s stock worth $997,000 after acquiring an additional 238 shares during the period. WNY Asset Management LLC lifted its holdings in shares of Walt Disney by 32.8% during the 3rd quarter. WNY Asset Management LLC now owns 9,321 shares of the entertainment giant’s stock worth $756,000 after acquiring an additional 2,304 shares during the period. Telos Capital Management Inc. lifted its holdings in shares of Walt Disney by 1.7% during the 4th quarter. Telos Capital Management Inc. now owns 74,767 shares of the entertainment giant’s stock worth $6,751,000 after acquiring an additional 1,236 shares during the period. Howard Capital Management Group LLC lifted its holdings in shares of Walt Disney by 1.8% during the 4th quarter. Howard Capital Management Group LLC now owns 213,601 shares of the entertainment giant’s stock worth $19,286,000 after acquiring an additional 3,716 shares during the period. Finally, Valmark Advisers Inc. lifted its holdings in shares of Walt Disney by 4.9% during the 4th quarter. Valmark Advisers Inc. now owns 7,744 shares of the entertainment giant’s stock worth $699,000 after acquiring an additional 359 shares during the period. Institutional investors own 65.71% of the company’s stock.

About Walt Disney

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.