From MarketBeat: Richelieu Gestion SA Purchases New Position in The Walt Disney Company (NYSE:DIS)

From MarketBeat:



In the third quarter, Richelieu Gestion SA purchased 34,334 shares of The Walt Disney Company, valued at approximately $2,783,000. Much of Walt Disney’s stock is owned by institutional investors. Director Amy Chang bought 1,078 shares of Walt Disney stock, while EVP Brent Woodford sold 18,788 shares of the stock. Walt Disney opened at $90.95 on Wednesday. The company also announced a quarterly dividend of $0.30, and is expected to post 4.38 earnings per share for the current year. Several analysts have issued reports on Walt Disney, with one sell rating, five hold ratings, and nineteen buy ratings. The company has an average rating of “Moderate Buy” and a consensus price target of $109.40.

The Walt Disney Company, operating worldwide as an entertainment company, has generated major interest from institutional investors, as well as insider activity from company figures. The company has seen fluctuations in its stock performance and dividend announcement, with analysts issuing ratings and price targets.

MarketBeat has identified the five top stocks recommended by Wall Street analysts, none of which include Walt Disney. While Walt Disney currently has a “Moderate Buy” rating, these top-rated analysts believe these five stocks are better buys.



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