Barclays Cuts Walt Disney (NYSE:DIS) Price Target to $115.00

Walt Disney (NYSE:DIS) had its target price decreased by Barclays from $125.00 to $115.00 in a research report sent to investors on Tuesday,Benzinga reports. Barclays currently has an overweight rating on the entertainment giant’s stock.

Other equities research analysts also recently issued reports about the stock. Loop Capital boosted their target price on shares of Walt Disney from $125.00 to $130.00 and gave the company a “buy” rating in a report on Tuesday, March 4th. The Goldman Sachs Group lifted their price target on shares of Walt Disney from $137.00 to $139.00 and gave the company a “buy” rating in a report on Tuesday, February 4th. Prescient Securities dropped their price objective on Walt Disney from $130.00 to $115.00 and set a “neutral” rating for the company in a report on Tuesday, February 4th. Citigroup reiterated a “buy” rating and issued a $125.00 target price on shares of Walt Disney in a report on Wednesday, January 22nd. Finally, Morgan Stanley upped their price target on Walt Disney from $125.00 to $130.00 and gave the stock an “overweight” rating in a research note on Thursday, February 6th. Six investment analysts have rated the stock with a hold rating, seventeen have given a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $125.75.

Walt Disney Trading Down 2.1 %

Shares of DIS opened at $81.58 on Tuesday. Walt Disney has a fifty-two week low of $80.10 and a fifty-two week high of $118.63. The stock has a fifty day moving average of $103.84 and a two-hundred day moving average of $105.05. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.62 and a current ratio of 0.68. The company has a market capitalization of $147.47 billion, a PE ratio of 26.57, a price-to-earnings-growth ratio of 1.80 and a beta of 1.44.

Walt Disney (NYSE:DIS) last released its earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 earnings per share 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%. As a group, analysts forecast that Walt Disney will post 5.47 EPS for the current year.

Institutional Trading of Walt Disney

A number of hedge funds and other institutional investors have recently made changes to their positions in DIS. Mpwm Advisory Solutions LLC acquired a new position in Walt Disney during the 4th quarter worth $27,000. FPC Investment Advisory Inc. acquired a new position in Walt Disney in the fourth quarter worth about $28,000. Tacita Capital Inc increased its holdings in Walt Disney by 93.2% in the fourth quarter. Tacita Capital Inc now owns 257 shares of the entertainment giant’s stock valued at $29,000 after buying an additional 124 shares during the last quarter. Pilgrim Partners Asia Pte Ltd acquired a new stake in Walt Disney during the fourth quarter valued at approximately $32,000. Finally, Midwest Capital Advisors LLC bought a new position in Walt Disney during the 4th quarter worth approximately $34,000. Institutional investors 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.