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.

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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.

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