Walt Disney (NYSE:DIS) PT Raised to $141.00 at Wells Fargo & Company

Walt Disney (NYSE:DIS) had its price target boosted by investment analysts at Wells Fargo & Company from $128.00 to $141.00 in a research note issued on Tuesday, Benzinga reports. The firm presently has an “overweight” rating on the entertainment giant’s stock. Wells Fargo & Company‘s price objective would suggest a potential upside of 24.54% from the company’s current price.

DIS has been the topic of several other research reports. Barclays upgraded Walt Disney from an “equal weight” rating to an “overweight” rating and upped their target price for the company from $95.00 to $135.00 in a research report on Monday, March 25th. Tigress Financial reaffirmed a “buy” rating and set a $136.00 price target on shares of Walt Disney in a research note on Wednesday, February 21st. Guggenheim upped their price target on Walt Disney from $125.00 to $140.00 and gave the stock a “buy” rating in a research note on Wednesday, April 3rd. Morgan Stanley upped their price target on Walt Disney from $110.00 to $135.00 and gave the stock an “overweight” rating in a research note on Monday, March 4th. Finally, Daiwa Capital Markets reaffirmed a “buy” rating and set a $133.00 price target on shares of Walt Disney in a research note on Monday, April 1st. 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 company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $125.08.

Walt Disney Price Performance

DIS traded up $1.23 on Tuesday, reaching $113.22. The stock had a trading volume of 2,113,402 shares, compared to its average volume of 11,908,810. Walt Disney has a fifty-two week low of $78.73 and a fifty-two week high of $123.74. The firm has a 50-day moving average of $114.04 and a 200-day moving average of $99.05. The company has a current ratio of 0.84, a quick ratio of 0.77 and a debt-to-equity ratio of 0.39. The company has a market capitalization of $207.68 billion, a price-to-earnings ratio of 69.95, a price-to-earnings-growth ratio of 1.38 and a beta of 1.42.

Walt Disney (NYSE:DIS) last released its quarterly earnings results on Tuesday, February 6th. The entertainment giant reported $1.22 EPS for the quarter, beating analysts’ consensus estimates of $0.97 by $0.25. Walt Disney had a return on equity of 7.88% and a net margin of 3.36%. The firm had revenue of $23.50 billion for the quarter, compared to analyst estimates of $23.71 billion. During the same quarter in the previous year, the company posted $0.99 EPS. The business’s revenue was down .1% on a year-over-year basis. As a group, sell-side analysts anticipate that Walt Disney will post 4.66 EPS for the current year.

Insider Activity

In other news, EVP Sonia L. Coleman sold 1,857 shares of the business’s stock in a transaction that occurred on Monday, April 1st. The shares were sold at an average price of $121.92, for a total value of $226,405.44. Following the sale, the executive vice president now owns 4,400 shares of the company’s stock, valued at $536,448. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Insiders own 0.10% of the company’s stock.

Hedge Funds Weigh In On Walt Disney

Institutional investors have recently made changes to their positions in the stock. Avitas Wealth Management LLC increased its holdings in shares of Walt Disney by 2.2% in the 4th quarter. Avitas Wealth Management LLC now owns 11,037 shares of the entertainment giant’s stock worth $997,000 after buying an additional 238 shares during the last quarter. WNY Asset Management LLC boosted its stake in shares of Walt Disney by 32.8% in the 3rd quarter. WNY Asset Management LLC now owns 9,321 shares of the entertainment giant’s stock valued at $756,000 after purchasing an additional 2,304 shares in the last quarter. Pathway Financial Advisors LLC boosted its stake in shares of Walt Disney by 4.9% in the 3rd quarter. Pathway Financial Advisors LLC now owns 3,024 shares of the entertainment giant’s stock valued at $245,000 after purchasing an additional 141 shares in the last quarter. Telos Capital Management Inc. boosted its stake in shares of Walt Disney by 1.7% in the 4th quarter. Telos Capital Management Inc. now owns 74,767 shares of the entertainment giant’s stock valued at $6,751,000 after purchasing an additional 1,236 shares in the last quarter. Finally, Tempus Wealth Planning LLC boosted its stake in shares of Walt Disney by 4.5% in the 3rd quarter. Tempus Wealth Planning LLC now owns 12,722 shares of the entertainment giant’s stock valued at $1,031,000 after purchasing an additional 546 shares in the last quarter. 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.