Walt Disney (NYSE:DIS) Price Target Raised to $128.00

Walt Disney (NYSE:DIS) had its price target upped by Evercore ISI from $105.00 to $128.00 in a research report report published on Tuesday,Benzinga reports. They currently have an outperform rating on the entertainment giant’s stock.

DIS has been the subject of a number of other reports. Loop Capital decreased their price objective on Walt Disney from $139.00 to $130.00 and set a “buy” rating for the company in a research note on Tuesday, July 30th. Deutsche Bank Aktiengesellschaft cut their price target on Walt Disney from $130.00 to $115.00 and set a “buy” rating on the stock in a report on Thursday, August 8th. JPMorgan Chase & Co. decreased their price target on Walt Disney from $135.00 to $125.00 and set an “overweight” rating for the company in a research note on Thursday, August 8th. Seaport Res Ptn upgraded Walt Disney from a “hold” rating to a “strong-buy” rating in a research note on Monday, September 30th. Finally, Bank of America lowered their target price on shares of Walt Disney from $145.00 to $120.00 and set a “buy” rating on the stock in a report on Thursday, August 8th. Four investment analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $122.68.

Walt Disney Trading Up 3.5 %

Shares of NYSE:DIS traded up $3.83 during trading on Tuesday, hitting $112.95. 10,507,991 shares of the company’s stock were exchanged, compared to its average volume of 10,908,346. The firm has a 50-day moving average price of $95.03 and a two-hundred day moving average price of $96.77. Walt Disney has a 1-year low of $83.91 and a 1-year high of $123.74. The firm has a market cap of $204.84 billion, a P/E ratio of 43.12, a PEG ratio of 1.67 and a beta of 1.40. The company has a current ratio of 0.72, a quick ratio of 0.66 and a debt-to-equity ratio of 0.38.

Institutional Trading of Walt Disney

A number of institutional investors and hedge funds have recently added to or reduced their stakes in DIS. Concurrent Investment Advisors LLC increased its holdings in Walt Disney by 8.4% in the 3rd quarter. Concurrent Investment Advisors LLC now owns 66,744 shares of the entertainment giant’s stock worth $6,420,000 after acquiring an additional 5,184 shares in the last quarter. Summit Global Investments boosted its position in shares of Walt Disney by 476.0% during the 3rd quarter. Summit Global Investments now owns 12,379 shares of the entertainment giant’s stock valued at $1,191,000 after acquiring an additional 10,230 shares during the last quarter. Lmcg Investments LLC grew its stake in shares of Walt Disney by 18.6% in the 3rd quarter. Lmcg Investments LLC now owns 147,353 shares of the entertainment giant’s stock valued at $14,174,000 after buying an additional 23,116 shares during the period. American Assets Inc. purchased a new stake in Walt Disney in the 3rd quarter valued at about $962,000. Finally, ICICI Prudential Asset Management Co Ltd raised its stake in shares of Walt Disney by 92.0% in the 3rd quarter. ICICI Prudential Asset Management Co Ltd now owns 92,938 shares of the entertainment giant’s stock valued at $8,940,000 after acquiring an additional 44,535 shares during the period. Institutional investors and hedge funds own 65.71% of the company’s stock.

Walt Disney Company Profile

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.