Shares of Walt Disney Co (NYSE:DIS) saw strong trading volume on Monday after BTIG Research upgraded the stock from a sell rating to a neutral rating. 22,572,870 shares changed hands during trading, an increase of 27% from the previous session’s volume of 17,706,936 shares.The stock last traded at $131.99 and had previously closed at $130.06.

A number of other research analysts also recently commented on the company. Zacks Investment Research downgraded Walt Disney from a “hold” rating to a “sell” rating in a research note on Tuesday, April 2nd. Rosenblatt Securities reiterated a “buy” rating and issued a $150.00 target price on shares of Walt Disney in a report on Monday, April 8th. UBS Group set a $128.00 price target on Walt Disney and gave the stock a “buy” rating in a report on Friday. Bank of America set a $144.00 price target on Walt Disney and gave the company a “buy” rating in a research report on Friday. Finally, BMO Capital Markets raised their target price on Walt Disney from $109.00 to $114.00 and gave the company a “market perform” rating in a research report on Thursday, February 7th. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and nineteen have given a buy rating to the company’s stock. Walt Disney currently has an average rating of “Buy” and an average target price of $129.67.

In other news, EVP Zenia B. Mucha sold 33,000 shares of Walt Disney stock in a transaction dated Friday, April 12th. The stock was sold at an average price of $128.88, for a total transaction of $4,253,040.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Brent Woodford sold 2,000 shares of Walt Disney stock in a transaction dated Thursday, February 21st. The shares were sold at an average price of $114.35, for a total value of $228,700.00. Following the sale, the executive vice president now owns 26,517 shares of the company’s stock, valued at approximately $3,032,218.95. The disclosure for this sale can be found here. In the last quarter, insiders have sold 37,042 shares of company stock valued at $4,713,677. Corporate insiders own 0.36% of the company’s stock.

Several hedge funds and other institutional investors have recently made changes to their positions in DIS. Northwest Wealth Management LLC increased its stake in Walt Disney by 3.2% in the 1st quarter. Northwest Wealth Management LLC now owns 2,922 shares of the entertainment giant’s stock worth $324,000 after purchasing an additional 91 shares during the period. Boltwood Capital Management increased its stake in Walt Disney by 0.4% in the 4th quarter. Boltwood Capital Management now owns 22,637 shares of the entertainment giant’s stock worth $2,482,000 after purchasing an additional 94 shares during the period. Stockman Wealth Management Inc. increased its stake in Walt Disney by 1.0% in the 4th quarter. Stockman Wealth Management Inc. now owns 9,392 shares of the entertainment giant’s stock worth $1,030,000 after purchasing an additional 95 shares during the period. First National Bank of Hutchinson increased its stake in Walt Disney by 4.0% in the 4th quarter. First National Bank of Hutchinson now owns 2,527 shares of the entertainment giant’s stock worth $277,000 after purchasing an additional 97 shares during the period. Finally, YorkBridge Wealth Partners LLC increased its stake in Walt Disney by 0.8% in the 4th quarter. YorkBridge Wealth Partners LLC now owns 12,422 shares of the entertainment giant’s stock worth $1,362,000 after purchasing an additional 99 shares during the period. 64.61% of the stock is currently owned by institutional investors.

The company has a debt-to-equity ratio of 0.32, a current ratio of 1.00 and a quick ratio of 0.92. The company has a market capitalization of $193.89 billion, a P/E ratio of 18.65, a P/E/G ratio of 3.22 and a beta of 0.91.

Walt Disney (NYSE:DIS) last announced its quarterly earnings results on Tuesday, February 5th. The entertainment giant reported $1.84 EPS for the quarter, topping the Zacks’ consensus estimate of $1.57 by $0.27. The business had revenue of $15.30 billion for the quarter, compared to analysts’ expectations of $15.20 billion. Walt Disney had a return on equity of 20.50% and a net margin of 18.46%. The business’s quarterly revenue was down .3% on a year-over-year basis. During the same period in the previous year, the firm earned $1.89 EPS. Analysts predict that Walt Disney Co will post 6.88 EPS for the current year.

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About Walt Disney (NYSE:DIS)

The Walt Disney Company, together with its subsidiaries, operates as an entertainment company worldwide. The company's Media Networks segment operates cable programming businesses under the ESPN, Disney, and Freeform brands; broadcast businesses, including ABC TV Network and eight owned television stations; and radio businesses.

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