28 May, 2017
State Street Corp now owns 67,283,818 shares of the entertainment giant's stock valued at $7,013,903,000 after buying an additional 2,122,112 shares in the last quarter.
Walt Disney (NYSE:DIS) opened at 109.69 on Friday.
Other large investors also recently made changes to their positions in the company. HighPoint Advisor Group LLC increased its stake in shares of Walt Disney by 0.3% in the third quarter. The Grassi Investment Management holds 53,442 shares with $5.57M value, up from 4,337 last quarter. The return on assets ratio shows how well management is employing the company's total assets to make a profit. Finally, Smith Chas P & Associates PA Cpas boosted its stake in shares of Walt Disney by 51.4% in the third quarter. Ltd. now owns 2,704,130 shares of the entertainment giant's stock valued at $281,899,000 after buying an additional 2,469,854 shares during the last quarter. Finally, Davidson Kempner Capital Management LP acquired a new position in Walt Disney during the fourth quarter valued at approximately $20,844,000. State Street Corp raised its stake in Walt Disney by 3.3% in the fourth quarter. Lombard Odier Transatlantic Limited Partnership now owns 1,200 shares of the entertainment giant's stock worth $111,000 after buying an additional 500 shares in the last quarter.
Connecticut-based Mark Sheptoff Financial Planning Limited Company has invested 0.33% in Walt Disney Co (NYSE:DIS). 3,866,037 shares of the company's stock were exchanged. $39.50's average target is 24.68% above currents $31.68 stock price.
Another critical number in evaluating a stock is P/E or the price to earnings ratio. Walt Disney has a 52 week low of $90.32 and a 52 week high of $116.10.
Walt Disney (NYSE:DIS) last released its earnings results on Tuesday, May 9th.
The Mouse House said that it had $1.50 in earnings per share (EPS) and $13.34 billion in revenue, versus consensus estimates from Thomson Reuters that called for $1.41 in EPS and revenue of $13.45 billion.
Now the P/E of The Walt Disney Company stands at 19.8.
The company's expected revenue in the current quarter to be 14.72 Billion, seeing a projected current quarter growth of 1.2%, and per annum growth estimates over the next 5 year period of around 9.41%. Over the last three months, the shares of the company have changed 0.39% and performed 16.80% over the last six months. The company's revenue for the quarter was up 2.8% on a year-over-year basis.
While looking at the SMA values of The Walt Disney Company (DIS), the 200 simple moving average (SMA) is considered a key indicator by traders and market analysts for determining the overall long-term trend.
WARNING: "Cigna Investments Inc". If you are viewing this story on another site, it was illegally copied and reposted in violation of global copyright laws. Needham & Company LLC reaffirmed a "hold" rating on shares of Walt Disney in a research report on Tuesday, April 25th. Goldman Sachs Group Inc raised shares of Walt Disney from a "neutral" rating to a "buy" rating and lifted their target price for the stock from $109.00 to $134.00 in a research note on Tuesday, January 17th. BMO Capital Markets reissued an "underperform" rating and set a $95.00 target price on shares of Walt Disney in a research note on Friday. Loop Capital downgraded shares of Walt Disney from a "buy" rating to a "hold" rating and reduced their price target for the stock from $115.00 to $114.44 in a research report on Monday, April 24th.
Among 32 analysts covering The Walt Disney Company (NYSE:DIS), 18 have Buy rating, 2 Sell and 12 Hold. Walt Disney now has an average rating of "Hold" and a consensus price target of $117.11. Also, Director Susan E. Arnold sold 12,143 shares of the firm's stock in a transaction that occurred on Thursday, May 11th.
Mylan N.V. (NASDAQ:MYL) ended its day at $38.94 with the rising stream of -1.24% and its total traded volume was 5.02 million shares less than the average volume. Following the completion of the transaction, the director now directly owns 48,673 shares of the company's stock, valued at $5,306,330.46. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The disclosure for this sale can be found here. Deutsche Bank AG's price objective would suggest a potential upside of 13.95% from the company's previous close.
On the other hand the company has Relative Strength Index (RSI 14) of 34.32 along with Average True Range (ATR 14) of 1.48, Consequently Walt Disney Company (NYSE:DIS)'s weekly and monthly volatility is 1.25%, 1.22% respectively.
Consumer Products & Interactive Media revenues for the quarter decreased 11% to $1.1 billion and segment operating income increased 3% to $367 million.
