Walt Disney (NYSE:DIS) Price Target Raised to $125.00 at Morgan Stanley

Walt Disney (NYSE:DIS) had its price objective hoisted by investment analysts at Morgan Stanley from $110.00 to $125.00 in a research note issued on Friday,Benzinga reports. The firm presently has an “overweight” rating on the entertainment giant’s stock. Morgan Stanley’s price objective indicates a potential upside of 8.62% from the company’s previous close.

Several other equities research analysts have also recently commented on DIS. Raymond James reissued a “market perform” rating on shares of Walt Disney in a research report on Tuesday, October 1st. Deutsche Bank Aktiengesellschaft boosted their price target on Walt Disney from $115.00 to $131.00 and gave the stock a “buy” rating in a research report on Friday. Seaport Res Ptn raised Walt Disney from a “hold” rating to a “strong-buy” rating in a report on Monday, September 30th. Loop Capital dropped their price target on shares of Walt Disney from $139.00 to $130.00 and set a “buy” rating on the stock in a research report on Tuesday, July 30th. Finally, UBS Group decreased their price objective on shares of Walt Disney from $130.00 to $120.00 and set a “buy” rating for the company in a research report on Thursday, August 8th. Five research analysts have rated the stock with a hold rating, eighteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $123.57.

Walt Disney Price Performance

NYSE DIS opened at $115.08 on Friday. The firm’s 50 day moving average is $95.57 and its 200-day moving average is $96.79. The company has a quick ratio of 0.66, a current ratio of 0.72 and a debt-to-equity ratio of 0.38. The company has a market capitalization of $208.71 billion, a PE ratio of 44.25, a price-to-earnings-growth ratio of 1.67 and a beta of 1.40. Walt Disney has a 12-month low of $83.91 and a 12-month high of $123.74.

Hedge Funds Weigh In On Walt Disney

Institutional investors and hedge funds have recently modified their holdings of the business. Concurrent Investment Advisors LLC increased its holdings in shares of Walt Disney by 8.4% during the third quarter. Concurrent Investment Advisors LLC now owns 66,744 shares of the entertainment giant’s stock worth $6,420,000 after purchasing an additional 5,184 shares during the period. Summit Global Investments grew its position in Walt Disney by 476.0% during the third quarter. Summit Global Investments now owns 12,379 shares of the entertainment giant’s stock worth $1,191,000 after buying an additional 10,230 shares in the last quarter. Lmcg Investments LLC increased its stake in Walt Disney by 18.6% during the 3rd quarter. Lmcg Investments LLC now owns 147,353 shares of the entertainment giant’s stock worth $14,174,000 after acquiring an additional 23,116 shares during the period. American Assets Inc. acquired a new position in Walt Disney in the 3rd quarter valued at $962,000. Finally, ICICI Prudential Asset Management Co Ltd lifted its position in shares of Walt Disney by 92.0% during 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. 65.71% of the stock is currently owned by institutional investors and hedge funds.

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.