Vetr upgraded shares of Walt Disney (NYSE:DIS) from a hold rating to a buy rating in a research report released on Tuesday morning. The firm currently has $115.53 target price on the entertainment giant’s stock.

A number of other equities research analysts have also weighed in on DIS. Macquarie upgraded Walt Disney from a neutral rating to an outperform rating and lifted their price objective for the stock from $112.00 to $125.00 in a research report on Tuesday, January 2nd. Goldman Sachs Group lifted their price objective on Walt Disney from $115.00 to $120.00 and gave the stock a buy rating in a research report on Friday, November 10th. Loop Capital reiterated a buy rating and issued a $106.00 price objective on shares of Walt Disney in a research report on Monday, December 11th. Zacks Investment Research upgraded Walt Disney from a sell rating to a hold rating in a research report on Friday, November 3rd. Finally, Pivotal Research lifted their price objective on Walt Disney from $83.00 to $91.00 and gave the stock a sell rating in a research report on Thursday, December 14th. Four analysts have rated the stock with a sell rating, twelve have given a hold rating, nineteen have given a buy rating and one has issued a strong buy rating to the company. Walt Disney has an average rating of Hold and a consensus price target of $116.15.

Shares of Walt Disney (NYSE DIS) traded up $0.17 during trading on Tuesday, hitting $110.59. The stock had a trading volume of 10,514,262 shares, compared to its average volume of 8,870,000. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.81 and a quick ratio of 0.74. Walt Disney has a 12-month low of $96.20 and a 12-month high of $116.10. The company has a market cap of $167,030.00, a price-to-earnings ratio of 19.47, a PEG ratio of 1.97 and a beta of 1.38.

Walt Disney (NYSE:DIS) last posted its quarterly earnings results on Thursday, November 9th. The entertainment giant reported $1.07 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.12 by ($0.05). Walt Disney had a return on equity of 19.66% and a net margin of 16.29%. The company had revenue of $12.78 billion for the quarter, compared to the consensus estimate of $13.30 billion. During the same quarter in the previous year, the business earned $1.10 earnings per share. Walt Disney’s revenue was down 2.8% compared to the same quarter last year. analysts expect that Walt Disney will post 6.4 EPS for the current year.

The business also recently disclosed a Semi-Annual dividend, which was paid on Thursday, January 11th. Shareholders of record on Monday, December 11th were paid a dividend of $0.84 per share. The ex-dividend date was Friday, December 8th. Walt Disney’s payout ratio is 29.58%.

Large investors have recently made changes to their positions in the business. First Command Bank raised its stake in shares of Walt Disney by 52.0% in the second quarter. First Command Bank now owns 11,217 shares of the entertainment giant’s stock worth $1,192,000 after purchasing an additional 3,838 shares during the last quarter. Capital Asset Advisory Services LLC purchased a new position in shares of Walt Disney in the second quarter worth $849,000. Factory Mutual Insurance Co. raised its stake in shares of Walt Disney by 6.8% in the second quarter. Factory Mutual Insurance Co. now owns 1,183,500 shares of the entertainment giant’s stock worth $125,748,000 after purchasing an additional 75,000 shares during the last quarter. BKD Wealth Advisors LLC raised its stake in shares of Walt Disney by 3.7% in the second quarter. BKD Wealth Advisors LLC now owns 33,851 shares of the entertainment giant’s stock worth $3,597,000 after purchasing an additional 1,198 shares during the last quarter. Finally, Farmers Trust Co. raised its stake in shares of Walt Disney by 1.3% in the second quarter. Farmers Trust Co. now owns 40,331 shares of the entertainment giant’s stock worth $4,285,000 after purchasing an additional 510 shares during the last quarter. Institutional investors and hedge funds own 61.55% of the company’s stock.

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About Walt Disney

The Walt Disney Company is an entertainment company. The Company operates in four business segments: Media Networks, Parks and Resorts, Studio Entertainment, and Consumer Products & Interactive Media. The media networks segment includes cable and broadcast television networks, television production and distribution operations, domestic television stations, and radio networks and stations.

To view Vetr’s full report, visit Vetr’s official website.

Analyst Recommendations for Walt Disney (NYSE:DIS)

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