Walt Disney (NYSE:DIS) Given New $134.00 Price Target at Evercore ISI

Walt Disney (NYSE:DIS) had its price target upped by Evercore ISI from $128.00 to $134.00 in a report released on Monday,Benzinga reports. The firm currently has an outperform rating on the entertainment giant’s stock.

DIS has been the subject of several other reports. Raymond James reissued a “market perform” rating on shares of Walt Disney in a report on Tuesday, October 1st. Sanford C. Bernstein lifted their price objective on shares of Walt Disney from $115.00 to $120.00 and gave the company an “outperform” rating in a research report on Friday. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Walt Disney from $115.00 to $131.00 and gave the stock a “buy” rating in a research report on Friday. Morgan Stanley lifted their target price on shares of Walt Disney from $110.00 to $125.00 and gave the company an “overweight” rating in a report on Friday. Finally, Barclays cut their price target on shares of Walt Disney from $130.00 to $105.00 and set an “overweight” rating for the company in a report on Thursday, August 8th. Five equities research analysts have rated the stock with a hold rating, eighteen have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Walt Disney has a consensus rating of “Moderate Buy” and a consensus price target of $123.83.

Walt Disney Stock Down 1.3 %

Shares of NYSE DIS opened at $113.55 on Monday. The business has a 50-day moving average price of $96.07 and a 200 day moving average price of $96.60. The stock has a market cap of $205.93 billion, a PE ratio of 41.90, a price-to-earnings-growth ratio of 1.87 and a beta of 1.40. The company has a quick ratio of 0.66, a current ratio of 0.73 and a debt-to-equity ratio of 0.37. Walt Disney has a 52-week low of $83.91 and a 52-week high of $123.74.

Hedge Funds Weigh In On Walt Disney

Several large investors have recently added to or reduced their stakes in DIS. William B. Walkup & Associates Inc. acquired a new position in shares of Walt Disney in the 2nd quarter valued at $32,000. Mascoma Wealth Management LLC grew its holdings in shares of Walt Disney by 38.0% during the 2nd quarter. Mascoma Wealth Management LLC now owns 443 shares of the entertainment giant’s stock worth $44,000 after purchasing an additional 122 shares during the period. First PREMIER Bank increased its position in Walt Disney by 98.1% during the 3rd quarter. First PREMIER Bank now owns 517 shares of the entertainment giant’s stock worth $50,000 after purchasing an additional 256 shares in the last quarter. FSA Wealth Management LLC purchased a new position in Walt Disney in the third quarter valued at approximately $51,000. Finally, Iron Horse Wealth Management LLC lifted its position in Walt Disney by 148.7% during the second quarter. Iron Horse Wealth Management LLC now owns 557 shares of the entertainment giant’s stock valued at $55,000 after buying an additional 333 shares in the last quarter. 65.71% of the stock is currently owned by hedge funds and other institutional investors.

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.