Walt Disney (NYSE:DIS) Shares Down 0.3% – Time to Sell?

The Walt Disney Company (NYSE:DIS) was down 0.3% during trading on Wednesday . The stock traded as low as $101.16 and last traded at $101.32. Approximately 1,126,893 shares were traded during trading, a decline of 88% from the average daily volume of 9,485,020 shares. The stock had previously closed at $101.61.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the company. Loop Capital increased their target price on Walt Disney from $125.00 to $130.00 and gave the stock a “buy” rating in a report on Tuesday, March 4th. Macquarie reaffirmed a “neutral” rating and issued a $110.00 price objective on shares of Walt Disney in a research note on Monday, January 6th. Prescient Securities decreased their target price on shares of 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 shares of Walt Disney in a research report on Wednesday, December 4th. They issued a “hold” rating and a $120.00 price target on the stock. Finally, Morgan Stanley boosted their price objective on Walt Disney from $125.00 to $130.00 and gave the stock an “overweight” rating in a report on Thursday, February 6th. Six analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, Walt Disney currently has an average rating of “Moderate Buy” and an average price target of $125.64.

Walt Disney Stock Performance

The stock has a market capitalization of $177.19 billion, a P/E ratio of 31.93, a P/E/G ratio of 1.80 and a beta of 1.41. The company’s fifty day simple moving average is $107.49 and its 200 day simple moving average is $105.01. The company has a current ratio of 0.68, a quick ratio of 0.62 and a debt-to-equity ratio of 0.36.

Walt Disney (NYSE:DIS) last posted its earnings results 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 return on equity of 9.95% and a net margin of 6.07%. As a group, sell-side analysts forecast that The Walt Disney Company will post 5.47 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Walt Disney

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

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.