Barclays May Have Gained Confidence in Walt Disney (NYSE:DIS), Upgrades Stock

Disney Riviera Resort Concept Art

Westchester Capital Management Inc. boosted its position in Walt Disney by 0.7% during the 1st quarter.

The stock showed weekly performance of 5.59% and it maintained for the month at 6.52%. Carnick & Kubik Group LLC now owns 39,689 shares of the entertainment giant's stock valued at $4,160,000 after purchasing an additional 23,755 shares during the period. Bruderman Asset Management LLC bought a new position in shares of Walt Disney in the first quarter valued at about $116,000. The fund owned 206,144 shares of the entertainment giant's stock after acquiring an additional 4,108 shares during the quarter. Outstanding shares refer to a company's stock now held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

DIS stock traded up $2.72 during midday trading on Friday, hitting $118.90. Walt Disney Co has a 12-month low of $96.89 and a 12-month high of $119.17. The company has a quick ratio of 0.81, a current ratio of 0.88 and a debt-to-equity ratio of 0.35. The stock has a market capitalization of $173.92 billion, a P/E ratio of 20.38, a price-to-earnings-growth ratio of 1.55 and a beta of 1.29. The entertainment giant reported $1.87 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $1.97 by ($0.10). Walt Disney had a net margin of 20.76% and a return on equity of 21.37%. The company had revenue of $15.23 billion during the quarter, compared to analyst estimates of $15.49 billion. One obvious showing off to identify high earnings per portion count together companies are to locate companies that have demonstrated such build up beyond the p.s. 5 to 10 years. Take a view on its long-term annual earnings per share (EPS) growth rate which is suggested by Analyst to reach at 11.27% for next 5 years and looking its past five year record, annual EPS growth rate was 12.70%.

A number of equities research analysts have recently issued reports on DIS shares. For this stock's full-year price projection, 19 different trading experts have reported their forecasts. Pivotal Research reaffirmed a "sell" rating and issued a $95.00 target price on shares of Walt Disney in a research report on Sunday, September 23rd. Finally, Swiss National Bank lifted its holdings in Walt Disney by 2.6% during the second quarter. They set a "buy" rating and a $144.00 price target for the company. Imperial Capital upped their price objective on shares of Walt Disney from $108.00 to $112.00 and gave the company an "inline" rating in a research note on Wednesday, August 8th.

Ferrari's qualifying speed 'positive surprise' - Vettel
When qualifying began, the two Ferrari men were swiftly setting the pace with Vettel on top early in Q1. It was going to require solid laps. "But I was pretty happy with the laps that I had to be honest".

Analysts mean recommendation for the stock is 2.5. It also produces and sells original live-action and animated television programming to first-run syndication and other television markets, as well as subscription video on demand services and in home entertainment formats, such as DVD, Blu-Ray, and electric home video license. The stock was sold at an average price of $113.56, for a total value of $95,731.08. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

In other news, Chairman Robert A. Iger sold 437,679 shares of the stock in a transaction on Monday, August 6th. Tracking the stock price in relation to moving averages as well as highs and lows for the year might assist with evaluating future stock performance. The disclosure for this sale can be found here. The average volume was noted at 6987.92K shares while its relative volume was seen at 0.86. Corporate insiders own 0.38% of the company's stock.

The Walt Disney Company, together with its subsidiaries and affiliates, is a leading diversified worldwide family entertainment and media enterprise with five business segments: media networks, parks and resorts, studio entertainment, consumer products and interactive media. It will have 900 hotel rooms as well as villas for Disney's timeshare program.

Related News:

Most liked

Purdue shocks second-ranked Ohio State, 49-20
Now? It boils down to one or the other on November 24 - assuming, of course, neither stumbles again before then. The Ohio State Buckeyes had few answers on the field during Saturday's 49-20 humiliation at Purdue .

England say 'congested' schedule reason behind Sri Lanka tour during monsoon season
Sri Lanka , the ICC Cricket World Cup 1996 champions, have been going through a poor patch in ODI cricket. Morgan made 58 not out off 49 deliveries including seven boundaries while Jason Roy made 41.

Intu confirms takeover bid tabled valuing business at around £2.85bn
Intu is behind major shopping destinations such as Manchester's Trafford Centre and the Metrocetre in Gateshead, among others. This is an 18 per cent premium to Intu's closing share price of 177.7p last night.

Nebraska students served chili with kangaroo meat, district says
The marsupial meat was served to students at the middle and high school in western Nebraska. School officials have said that they do not believe kangaroo meat is unhealthy or unsafe .

Pregnant Meghan takes break from Australia royal tour
At the 2018 Invictus Games Opening Ceremony on Saturday evening, Harry couldn't resist making a reference to the couple's baby. We're going to sit down and have a look at them".

Banksy: Shredding was supposed to have been complete
The rest of the clip shows Banksy - or whoever pushed the button to set off the machine - at Sothebys on auction day. Part of the piece remained within the frame and was not destroyed. "In case it was ever put up for auction".

Julian Assange to take legal action against Ecuador
Assange has been living in Ecuador's embassy in London since 2012 when Swedish prosecutors filed rape charges against him. Julian Assange greets supporters outside the Ecuadorian embassy in London.

MI pharmacist denies woman miscarriage medication over religious beliefs
The ACLU says the medication was crucial to take in a timely manner to avoid Peterson needing a more invasive surgical procedure. However, our procedure requires the prescription to then be filled by another pharmacist in the store.

Meghan Markle cutting down on tour engagements: 'She's feeling fine, but resting'
It's also anticipated that she will still fly on to Fiji and Tonga, but there may be further changes to her programme. The source continued: "She sat through breakfast with a smile on her face, but Harry looked a bit uncomfortable".

Beto O'Rourke supporters can't name any of his accomplishments
The second woman, nonplussed by civility and reason, shouted, "Shame on you, Ted Cruz! ". The Democratic congressman running to unseat Republican Sen.

A thousand millionaires in Singapore are ‘crazy rich’: Credit Suisse
Switzerland remains the richest nation in the world with its wealth per adult of US$530,240, followed by Australia with US$411,060.

Mega Millions jackpot soars to $1.6 billion after no winners
If a victor is chosen, the federal government will automatically collect a 25 percent tax on the prize when it is issued. It's the largest jackpot ever, edging past a 2016 Powerball drawing that held the previous record for $1.586 billion.

Riyadh admits Khashoggi died in Istanbul mission as world powers demand answers
Mr Trump dispatched Mr Pompeo to Saudi Arabia and Turkey earlier in the week to speak to officials about the case. Bin Salman says his kingdom's authorities are in talks with the Turkish government to determine what happen.

Brewers’ Christian Yelich rips Manny Machado, calls him ‘dirty player’
Machado attracted disdain early in the 2017 season with a hard slide into Boston second baseman Dustin Pedroia . Repeated over and over and over again, you're just a dirty player. "It's a dirty play by a dirty player".

Ford to build an additional 350 GT supercars, extend production 2 years
Ford says it received over 6,500 applications to buy the GT back in 2016 when the selection process began. The original plan called for 250 cars to be built each year from 2017 through 2020.