Walt Disney (NYSE:DIS) Stock Price Down 0.1% – Time to Sell?

The Walt Disney Company (NYSE:DIS)’s share price fell 0.1% during trading on Wednesday . The stock traded as low as $96.45 and last traded at $97.61. 1,439,395 shares changed hands during trading, a decline of 85% from the average session volume of 9,778,696 shares. The stock had previously closed at $97.68.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the company. Prescient Securities decreased their price target on Walt Disney from $130.00 to $115.00 and set a “neutral” rating on the stock in a research note on Tuesday, February 4th. Loop Capital upped their target price on shares of Walt Disney from $125.00 to $130.00 and gave the stock a “buy” rating in a report on Tuesday, March 4th. Rosenblatt Securities reissued a “buy” rating and set a $135.00 price target on shares of Walt Disney in a report on Monday, February 10th. Needham & Company LLC reaffirmed a “buy” rating and set a $130.00 price objective on shares of Walt Disney in a research note on Wednesday, February 5th. Finally, Morgan Stanley lifted their target price 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. 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 company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $125.33.

Walt Disney Stock Up 0.5 %

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 firm has a market cap of $177.42 billion, a P/E ratio of 31.97, a price-to-earnings-growth ratio of 1.80 and a beta of 1.41. The firm’s 50 day moving average is $106.92 and its two-hundred day moving average is $105.32.

Walt Disney (NYSE:DIS) last released its quarterly earnings data on Wednesday, February 5th. The entertainment giant reported $1.76 EPS for the quarter, beating analysts’ consensus estimates of $1.44 by $0.32. Walt Disney had a net margin of 6.07% and a return on equity of 9.95%. As a group, research analysts anticipate that The Walt Disney Company will post 5.47 EPS for the current fiscal year.

Institutional Investors Weigh In On Walt Disney

A number of hedge funds have recently modified their holdings of DIS. Norges Bank acquired a new stake in Walt Disney during the 4th quarter worth approximately $2,415,427,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main increased its position in shares of Walt Disney by 1,900.0% during the fourth quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 5,735,961 shares of the entertainment giant’s stock worth $638,699,000 after acquiring an additional 5,449,158 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its holdings in shares of Walt Disney by 75.8% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 10,858,108 shares of the entertainment giant’s stock worth $1,209,050,000 after acquiring an additional 4,680,930 shares during the period. Jennison Associates LLC lifted its position in Walt Disney by 23.4% in the 4th quarter. Jennison Associates LLC now owns 19,197,463 shares of the entertainment giant’s stock valued at $2,137,637,000 after acquiring an additional 3,636,742 shares in the last quarter. Finally, Raymond James Financial Inc. acquired a new position in Walt Disney in the 4th quarter worth $358,151,000. 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.