Walt Disney (NYSE:DIS) Trading Up 0.4% – Still a Buy?

The Walt Disney Company (NYSE:DIS) was up 0.4% on Monday . The company traded as high as $86.63 and last traded at $83.85. Approximately 7,137,114 shares changed hands during trading, a decline of 27% from the average daily volume of 9,796,382 shares. The stock had previously closed at $83.53.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the stock. Redburn Atlantic raised shares of Walt Disney from a “neutral” rating to a “buy” rating and upped their target price for the stock from $100.00 to $147.00 in a research note on Tuesday, January 7th. Morgan Stanley increased their price target on shares of Walt Disney from $125.00 to $130.00 and gave the company an “overweight” rating in a research note on Thursday, February 6th. Citigroup reissued a “buy” rating and set a $125.00 target price on shares of Walt Disney in a report on Wednesday, January 22nd. Needham & Company LLC reissued a “buy” rating and set a $130.00 target price on shares of Walt Disney in a report on Wednesday, February 5th. Finally, Barclays lowered their price objective on Walt Disney from $125.00 to $115.00 and set an “overweight” rating on the stock in a research note on Tuesday. Six research analysts have rated the stock with a hold rating, seventeen have issued a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $125.75.

Walt Disney Stock Up 12.2 %

The company has a market capitalization of $165.76 billion, a price-to-earnings ratio of 29.87, a price-to-earnings-growth ratio of 1.80 and a beta of 1.44. The company has a current ratio of 0.68, a quick ratio of 0.62 and a debt-to-equity ratio of 0.36. The company has a 50-day moving average of $102.98 and a 200-day moving average of $104.86.

Walt Disney (NYSE:DIS) last released its quarterly earnings data 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%. On average, equities analysts predict that The Walt Disney Company will post 5.47 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Walt Disney

Several institutional investors and hedge funds have recently modified their holdings of DIS. Trek Financial LLC lifted its stake in Walt Disney by 479.9% during the fourth quarter. Trek Financial LLC now owns 36,320 shares of the entertainment giant’s stock worth $4,044,000 after purchasing an additional 30,057 shares during the last quarter. Brookstone Capital Management boosted its stake in shares of Walt Disney by 10.5% in the fourth quarter. Brookstone Capital Management now owns 140,883 shares of the entertainment giant’s stock valued at $15,687,000 after buying an additional 13,339 shares in the last quarter. Greystone Financial Group LLC boosted its holdings in Walt Disney by 13.3% during the fourth quarter. Greystone Financial Group LLC now owns 85,187 shares of the entertainment giant’s stock worth $9,486,000 after buying an additional 9,967 shares in the last quarter. Avanza Fonder AB acquired a new stake in shares of Walt Disney in the 4th quarter worth approximately $15,125,000. Finally, FourThought Financial Partners LLC purchased a new stake in shares of Walt Disney in the 4th quarter worth about $446,000. Hedge funds and other 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.