Disney reports quarterly net income of $2.94 billion


The Walt Disney's quarterly revenue was up 3.8% on a year-over-year basis. Analysts have placed a $119.9 price target on The Walt Disney Company, suggesting a 17% gain from recent close.

The current market cap of The Blackstone Group L.P.is valued at $37.15B.

Shares of the media conglomerate, which is in the process of buying film and TV assets from Twenty-First Century Fox Inc, rose 1.3 percent to $103.08 in after-hours trading on Tuesday. Relative volume is the comparison of current volume to average volume for the same time of day, and it's displayed as a ratio. Revenue rose 3% from the same period in 2017. It has outperformed by 16.91% the S&P500. This continues to be an interesting story, and we look forward to updating it again soon on The Walt Disney Company. The institutional investor owned 39,365 shares of the entertainment giant's stock after buying an additional 27,806 shares during the quarter.

The Walt Disney Company, together with its subsidiaries, operates as an entertainment company worldwide. Pushing back over the last quarter, shares are -2.12%.

DIS opened at $101.79 on Wednesday. It has underperformed by 23.14% the S&P500.

LLBH Private Wealth Management LLC reduced its stake in shares of The Walt Disney Company (NYSE:DIS) by 5.1% in the fourth quarter, according to its most recent filing with the SEC.

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Since February 26, 2018, it had 0 buys, and 1 insider sale for $194,780 activity. Analysts polled by Thomson Reuters estimated earnings of USD1.69 per share. Therefore 62% are positive. This indicates the dollar amount an investor can expect to invest in a company in order to receive one dollar of that company's earnings.

The Walt Disney Company (DIS) has been dead money for investors since setting its all-time intraday high of $122.08 on August 4, 2015. BMO Capital Markets has "Sell" rating and $90.0 target. The rating was downgraded by Goldman Sachs on Wednesday, January 13 to "Sell". Vetr upgraded The Walt Disney from a buy rating to a strong-buy rating and set a $111.60 price target for the company in a research report on Tuesday, April 3rd. "Buy" rating has 11, "Sell" are 0, while 7 are "Hold". The stock has "Buy" rating by Guggenheim on Wednesday, August 5. Thus, Disney shares have already popped by 4.9% going into earnings.

Investors sentiment increased to 1.57 in 2017 Q4. Its up 0.01, from 0.89 in 2017Q3. 162 funds took holdings and 508 increased holdings. 896.07 million shares or 0.31% less from 898.84 million shares in 2017Q3 were reported. Pnc Financial Services Grp Inc holds 0% or 11,983 shares. The company's beta value is at 1.29. Moreover, Brick & Kyle Associates has 0.15% invested in the company for 28,399 shares. Aspiriant Limited Liability Co, a California-based fund reported 2,914 shs.

DIS has a PEG ratio of 1.54, NCMI has a PEG ratio of N/A and LNG has a PEG ratio of 45.28. Northern Tru Corp reported 503,394 shares. Edward Jones cut The Walt Disney from a buy rating to a hold rating in a research report on Friday, December 15th. The Walt Disney accounts for approximately 0.4% of Delpha Capital Management LLC's portfolio, making the stock its 18th biggest position. Highland Mngmt Lp holds 3,000 shs or 0.01% of its capital. Finally, Epoch Investment Partners Inc. grew its holdings in shares of The Walt Disney by 34.1% during the third quarter.

The 23 analysts offering 12-month price forecasts for Walt Disney Co have a median target of 125.00, with a high estimate of 144.00 and a low estimate of 93.00.

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