Loop Capital restated their buy rating on shares of Walt Disney (NYSE:DIS) in a research report sent to investors on Monday. Loop Capital currently has a $106.00 target price on the entertainment giant’s stock.
Other analysts have also recently issued research reports about the stock. FBR & Co reiterated a hold rating and set a $97.00 price target on shares of Walt Disney in a research note on Friday, September 8th. B. Riley reissued a neutral rating on shares of Walt Disney in a research report on Wednesday, November 1st. Jefferies Group reissued a hold rating and issued a $103.77 target price (up from $102.68) on shares of Walt Disney in a research report on Friday, November 10th. Guggenheim reissued a buy rating and issued a $122.00 target price on shares of Walt Disney in a research report on Tuesday, September 5th. Finally, Vetr raised shares of Walt Disney from a hold rating to a buy rating and set a $103.55 target price on the stock in a research report on Thursday, September 7th. Three analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and seventeen have issued a buy rating to the company’s stock. The company currently has an average rating of Hold and a consensus target price of $112.44.
Shares of Walt Disney (DIS) traded up $0.18 during trading on Monday, hitting $107.61. 10,368,200 shares of the company traded hands, compared to its average volume of 7,285,033. The company has a current ratio of 0.81, a quick ratio of 0.74 and a debt-to-equity ratio of 0.42. Walt Disney has a 12-month low of $96.20 and a 12-month high of $116.10. The stock has a market capitalization of $162,109.33, a PE ratio of 18.83, a PEG ratio of 2.29 and a beta of 1.38.
The company also recently disclosed a Semi-Annual dividend, which will be paid on Thursday, January 11th. Stockholders of record on Monday, December 11th will be paid a dividend of $0.84 per share. The ex-dividend date of this dividend is Friday, December 8th. Walt Disney’s dividend payout ratio is currently 29.53%.
Several institutional investors and hedge funds have recently bought and sold shares of DIS. Vanguard Group Inc. boosted its holdings in shares of Walt Disney by 2.2% during the second quarter. Vanguard Group Inc. now owns 98,803,049 shares of the entertainment giant’s stock valued at $10,497,824,000 after acquiring an additional 2,131,932 shares during the period. Northern Trust Corp boosted its holdings in shares of Walt Disney by 2.5% during the second quarter. Northern Trust Corp now owns 20,462,287 shares of the entertainment giant’s stock valued at $2,174,118,000 after acquiring an additional 500,349 shares during the period. Legal & General Group Plc boosted its holdings in shares of Walt Disney by 3.8% during the third quarter. Legal & General Group Plc now owns 8,186,026 shares of the entertainment giant’s stock valued at $806,872,000 after acquiring an additional 300,973 shares during the period. Clearbridge Investments LLC boosted its holdings in shares of Walt Disney by 2.0% during the first quarter. Clearbridge Investments LLC now owns 7,623,125 shares of the entertainment giant’s stock valued at $864,386,000 after acquiring an additional 150,316 shares during the period. Finally, Parnassus Investments CA boosted its holdings in shares of Walt Disney by 19.3% during the third quarter. Parnassus Investments CA now owns 6,941,130 shares of the entertainment giant’s stock valued at $684,187,000 after acquiring an additional 1,123,949 shares during the period. Institutional investors own 61.51% of the company’s stock.
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About Walt Disney
The Walt Disney Company is an entertainment company. The Company operates in four business segments: Media Networks, Parks and Resorts, Studio Entertainment, and Consumer Products & Interactive Media. The media networks segment includes cable and broadcast television networks, television production and distribution operations, domestic television stations, and radio networks and stations.
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