Greykasell Wealth Strategies Inc. Acquires Shares of 6,027 The Walt Disney Company (NYSE:DIS)

Greykasell Wealth Strategies Inc. acquired a new stake in shares of The Walt Disney Company (NYSE:DIS) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 6,027 shares of the entertainment giant’s stock, valued at approximately $671,000.

A number of other hedge funds have also bought and sold shares of the company. Impax Asset Management Group plc grew its holdings in shares of Walt Disney by 4.5% in the third quarter. Impax Asset Management Group plc now owns 644,017 shares of the entertainment giant’s stock worth $61,948,000 after purchasing an additional 27,806 shares during the last quarter. United Bank grew its holdings in shares of Walt Disney by 6.2% in the third quarter. United Bank now owns 12,145 shares of the entertainment giant’s stock worth $1,168,000 after purchasing an additional 712 shares during the last quarter. Los Angeles Capital Management LLC grew its holdings in shares of Walt Disney by 44.9% in the third quarter. Los Angeles Capital Management LLC now owns 13,363 shares of the entertainment giant’s stock worth $1,285,000 after purchasing an additional 4,139 shares during the last quarter. Aigen Investment Management LP bought a new position in shares of Walt Disney in the third quarter worth about $267,000. Finally, Lifeworks Advisors LLC grew its holdings in shares of Walt Disney by 8.7% in the third quarter. Lifeworks Advisors LLC now owns 5,898 shares of the entertainment giant’s stock worth $567,000 after purchasing an additional 471 shares during the last quarter. Institutional investors own 65.71% of the company’s stock.

Walt Disney Stock Performance

DIS opened at $98.73 on Friday. The Walt Disney Company has a 12-month low of $83.91 and a 12-month high of $123.74. The company has a current ratio of 0.68, a quick ratio of 0.62 and a debt-to-equity ratio of 0.36. The firm has a market capitalization of $178.48 billion, a PE ratio of 32.16, a P/E/G ratio of 1.80 and a beta of 1.41. The firm has a 50 day moving average of $109.10 and a two-hundred day moving average of $104.27.

Walt Disney (NYSE:DIS) last posted its quarterly earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.44 by $0.32. Walt Disney had a net margin of 6.07% and a return on equity of 9.95%. On average, analysts anticipate that The Walt Disney Company will post 5.47 EPS for the current year.

Analyst Ratings Changes

A number of research firms have recently commented on DIS. Needham & Company LLC restated a “buy” rating and issued a $130.00 price target on shares of Walt Disney in a report on Wednesday, February 5th. TD Cowen increased their target price on shares of Walt Disney from $108.00 to $123.00 and gave the stock a “hold” rating in a report on Friday, November 15th. The Goldman Sachs Group increased their target price on shares of Walt Disney from $137.00 to $139.00 and gave the stock a “buy” rating in a report on Tuesday, February 4th. Macquarie reiterated a “neutral” rating and set a $110.00 target price on shares of Walt Disney in a report on Monday, January 6th. Finally, Evercore ISI increased their target price on shares of Walt Disney from $128.00 to $134.00 and gave the stock an “outperform” rating in a report on Monday, November 18th. Six research analysts have rated the stock with a hold rating, eighteen have issued a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $125.64.

Walt Disney Company Profile

The Walt Disney Company operates as an entertainment company worldwide. It operates through three segments: Entertainment, Sports, and Experiences. The company produces and distributes film and television video streaming content under the ABC Television Network, Disney, Freeform, FX, Fox, National Geographic, and Star brand television channels, as well as ABC television stations and A+E television networks; and produces original content under the ABC Signature, Disney Branded Television, FX Productions, Lucasfilm, Marvel, National Geographic Studios, Pixar, Searchlight Pictures, Twentieth Century Studios, 20th Television, and Walt Disney Pictures banners.