The shares of The Walt Disney Company (NYSE:DIS) has been pegged with a rating of Outperform by Imperial Capital in its latest research note that was published on November 27th, 2018. The research company has also assigned a $129 price target. Imperial Capital wasn’t the only research firm that published a report of The Walt Disney Company, with other equities research analysts also giving their opinion on the stock. Barclays advised investors in its research note published on October 19th, 2018, to Overweight the DIS stock. The stock had earned In-line rating from Imperial Capital when it published its report on August 9th, 2018. That day the Imperial Capital set price target on the stock to $112. The stock was given In-line rating by Imperial Capital in its report released on August 8th, 2018, the day when the price target on the stock was placed at $112. B. Riley FBR was of a view that DIS is Buy in its latest report on August 8th, 2018 while giving it a price target of $121. BofA/Merrill thinks that DIS is worth Buy rating. This was contained in the firm’s report on July 20th, 2018 in which the stock’s price target was also moved to $144.
Amongst the analysts that rated the stock, 1 have recommended investors to sell it, 9 believe it has the potential for further growth, thus rating it as Hold while 6 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $124.48. The price of the stock the last time has raised by 15.33% from its Week high price while it is raised higher than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 54.66.
The shares of the company dipped by -0.13% during the trading session on Friday, reaching a low of $111.73 while ending the day at $112.65. During the trading session, a total of 4.75 million shares were traded which represents a 43.93% incline from the average session volume which is 8.47M shares. DIS had ended its last session trading at 112.80. The Walt Disney Company currently has a market cap of $167.92B, while its P/E ratio stands at 15.58, while its P/E earnings growth sits at 2.83, with a beta of 1.05. The Walt Disney Company debt-to-equity ratio currently stands at 0.43, while its quick ratio hovers at 0.90. DIS 52-week low price stands at $97.68 while its 52-week high price is $120.20.
The company in its last quarterly report recorded $1.48 earnings per share which is above the $1.34 predicted by most analysts. The The Walt Disney Company generated $14,307.00 million in revenue during the last quarter, which is slightly higher than the $13,732.60 million predicted by analysts. In the second quarter last year, the firm recorded $1.87 earnings per share. Compared to the same quarter last year, the firm’s revenue was down by -26.35%. The Walt Disney Company has the potential to record 7.23 EPS for the current fiscal year, according to equities analysts.
Investment analysts at FIG Partners published a research note on December 20th, 2018 where it informed investors and clients that People’s United Financial, Inc. (NASDAQ:PBCT) is now rated as Outperform. Barclays also rated PBCT as Upgrade on October 19th, 2018, with its price target of suggesting that PBCT could surge by 15.08% from its current share price. Even though the stock has been trading at $15.13/share, analysts expect it to surge higher by 0.53% to reach $17.91/share. It started the day trading at $15.24 and traded between $14.98 and $15.21 throughout the trading session.
A look at its technical shows that PBCT’s 50-day SMA is 15.49 while its 200-day SMA stands at 17.49. The stock has a high of $20.26 for the year while the low is $13.66. The company’s P/E ratio currently sits at 12.45, while the P/B ratio is 0.91. The company’s average trading volume currently stands at 4.34M shares, which means that the short-interest ratio is just 4.79 days. Over the past seven days, the company moved, with its shift of 1.06%. Looking further, the stock has dropped -10.37% over the past 90 days while it lost -16.43% over the last six months.
The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. SSgA Funds Management Inc bought more PBCT shares, increasing its portfolio by +4.24% during the last quarter. This move now sees SSgA Funds Management Inc purchasing 1,588,382 shares in the last quarter, thus it now holds 39,028,915 shares of PBCT, with a total valuation of $563,187,243. The Vanguard Group Inc meanwhile bought more PBCT shares in the recently filed quarter, changing its stake to $539,750,889 worth of shares. BlackRock Fund Advisors followed the path by increasing its PBCT portfolio by +0.48% in the quarter. This means that BlackRock Fund Advisors bought 124,209 shares in the last quarter and now controls 25,941,639 shares of the PBCT stock, with the valuation hitting $374,337,851.
Similarly, Invesco Capital Management LLC increased its People’s United Financial, Inc. shares by +59.48% during the recently filed quarter. After buying 4,179,557 shares in the last quarter, the firm now controls 11,206,844 shares of People’s United Financial, Inc. which are valued at $161,714,759. In the same vein, Mellon Investments Corp decreased its People’s United Financial, Inc. shares by during the most recent reported quarter. The firm sold -84,974 shares during the quarter which decreased its stakes to 10,160,064 shares and is now valued at $146,609,724. Following these latest developments, around 0.10% of People’s United Financial, Inc. stocks are owned by institutional investors and hedge funds.