Cowen reissued their hold rating on shares of Walt Disney (NYSE:DIS) in a research note published on Monday, February 5th. Cowen currently has a $102.00 price objective on the entertainment giant’s stock.
Other research analysts have also issued research reports about the company. Citigroup reaffirmed a buy rating and set a $119.00 price objective on shares of Walt Disney in a report on Wednesday, November 1st. Piper Jaffray Companies reiterated a buy rating and set a $120.00 target price on shares of Walt Disney in a research report on Friday, November 10th. JPMorgan Chase & Co. set a $125.00 target price on Walt Disney and gave the stock a buy rating in a research report on Friday, November 10th. Goldman Sachs Group boosted their target price on Walt Disney from $115.00 to $120.00 and gave the stock a buy rating in a research report on Friday, November 10th. Finally, Vetr downgraded Walt Disney from a strong-buy rating to a buy rating and set a $110.51 price objective on the stock. in a research report on Thursday, October 19th. Three equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating, eighteen have issued a buy rating and one has issued a strong buy rating to the company. Walt Disney presently has a consensus rating of Buy and an average target price of $118.61.
Walt Disney (NYSE DIS) traded down $0.01 during mid-day trading on Monday, reaching $104.59. The company had a trading volume of 2,473,089 shares, compared to its average volume of 8,714,366. The stock has a market capitalization of $157,430.00, a PE ratio of 18.06, a price-to-earnings-growth ratio of 1.81 and a beta of 1.30. Walt Disney has a 12-month low of $96.20 and a 12-month high of $116.10. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.80 and a current ratio of 0.87.
Several hedge funds and other institutional investors have recently made changes to their positions in DIS. Avestar Capital LLC acquired a new position in shares of Walt Disney during the 4th quarter valued at $108,000. Lee Financial Co increased its position in shares of Walt Disney by 7.6% during the 2nd quarter. Lee Financial Co now owns 1,052 shares of the entertainment giant’s stock valued at $112,000 after purchasing an additional 74 shares during the period. Icon Wealth Partners LLC acquired a new position in shares of Walt Disney during the 4th quarter valued at $116,000. Almanack Investment Partners LLC. acquired a new position in shares of Walt Disney during the 4th quarter valued at $118,000. Finally, Front Row Advisors LLC acquired a new position in shares of Walt Disney during the 4th quarter valued at $122,000. 61.12% of the stock is currently owned by institutional investors and hedge funds.
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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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