Analysis: The Walt Disney Company (NYSE:DIS) Price Target Upgraded Today
In recent note shared with investors by Bernstein on Thursday, 10 December, the firm, The Walt Disney Company (NYSE:DIS), had their target price per share lowered to $110.00. Analusts right now have a solid Market Perform rating on the stock.
From a total of 28 analysts covering The Walt Disney Company (NYSE:DIS) stock, 20 rate it a ”Buy”, 0 a “Sell”, and 13 a ”Hold”. This means that 61% of the ratings are positive. The highest target price is $148 while the lowest target price is $92. The mean of all analyst targets is $119.32 with a 8.20% above today’s ($110.87) stock price. The Walt Disney Company was the topic of 36 analyst reports since July 24, 2015 according to the firm StockzIntelligence Inc. Topeka Capital Markets maintained shares on November 19 with “Buy” rating. Pivotal Research initiated shares with “Hold” rating and $106 target share price in a report from an October 20. Credit Suisse maintained DIS stock in a recent report from November 10 with “Outperform” rating. Macquarie Research maintained the rating on September 1. Macquarie Research has a “Outperform” rating and a $122 price target on shares. Finally, FBR Capital maintained the stock with “Outperform” rating in a report issued on a November 6.
Approximately 2.56M shares of stock traded hands. Walt Disney Co (NYSE:DIS) has risen 2.02% since May 7, 2015 and is uptrending. It has outperformed by 3.96% the S&P500.
The overall sentiment of institutions has increased to 1.33 in Q2 2015. Its up 0.15, from 1.18 in 2015Q2. The ratio is positive, as 101 institutions have sold all the shares of Walt Disney Co that they owned while 548 funds have taken shares off the table. 116 funds have purchased shares for the first time while 748 added to their positions. These institutions now hold 1.00 billion shares or 2.38% less than the 1.03 billion shares they owned in 2015Q2.
The Fund Winch Advisory Services Llc currently is holding shares equating to 15.54% of its total portfolio in Walt Disney Co representing a total of 104,034 shares. Another fund,Rit Capital Partners Plc, is holding a total of 509,000 shares equating to 12.14% of their holdings. Additionally, Lindsell Train Ltd has a 1.65 million share stake in Walt Disney Co which represents 11.54% of their total portfolio. The Fund, Klingenstein Fields & Co Llc, based out of New York, has also built up a stake in the stock, which represents a total of 10.54% of their total portfolio. Finally Tukman Grossman Capital Management Inc, a fund which is based in the state of California reported a total holdings of 1.76 million shares.
Insider activity is a very important aspect to track on any stock. Going back to March 6, 2015, shareholders of Walt Disney Co have witnessed 0 insider purchases, and a total of 4 sales equating to a net activity of approximately $3.27 million . Chen John S sold 6,000 shares worth approximately $611,822. Braverman Alan N sold 18,473 shares worth approximately $2.19M. Woodford Brent sold 2,000 shares worth approximately $237,000. Matschullat Robert W sold 2,965 shares worth approximately $324,545. The company insider Lozano Monica C sold 397 shares worth $43,948.
The Walt Disney Company, incorporated on July 28, 1995, together with its subsidiaries and affiliates, is a diversified international family entertainment and media enterprise with five business divisions: media networks, parks and resorts, studio entertainment, consumer products and interactive media. The company has a market cap of $184.66 billion. Media Networks comprise an array of broadcast, cable, radio, publishing and digital businesses across two divisions the Disney/ABC Television Group and ESPN Inc. It has 22.62 P/E ratio. Walt Disney Parks and Resorts is a well-known provider of family travel and leisure experiences.
According to Zacks Investment Research, “The Walt Disney Company, together with its subsidiaries and affiliates, is a leading diversified international family entertainment and media enterprise with five business segments: media networks, parks and resorts, studio entertainment, consumer products and interactive media.” Get a free copy of the Zacks research report on Walt Disney Co (DIS).