Strategy Asset Managers LLC Purchases 201 Shares of The Walt Disney Company (NYSE:DIS)

Strategy Asset Managers LLC raised its position in The Walt Disney Company (NYSE:DIS) by 0.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 51,115 shares of the entertainment giant’s stock after purchasing an additional 201 shares during the quarter. Strategy Asset Managers LLC’s holdings in Walt Disney were worth $5,692,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of DIS. FPC Investment Advisory Inc. purchased a new position in Walt Disney during the 4th quarter valued at $28,000. Tacita Capital Inc increased its stake in Walt Disney by 93.2% in the 4th quarter. Tacita Capital Inc now owns 257 shares of the entertainment giant’s stock worth $29,000 after buying an additional 124 shares during the period. Midwest Capital Advisors LLC bought a new stake in Walt Disney during the 4th quarter valued at about $34,000. Bay Harbor Wealth Management LLC purchased a new stake in Walt Disney in the 4th quarter valued at about $35,000. Finally, Vision Financial Markets LLC bought a new position in Walt Disney in the 4th quarter worth about $39,000. Hedge funds and other institutional investors own 65.71% of the company’s stock.

Analysts Set New Price Targets

Several brokerages recently issued reports on DIS. The Goldman Sachs Group increased their price objective on Walt Disney from $137.00 to $139.00 and gave the stock a “buy” rating in a research note on Tuesday, February 4th. Loop Capital lifted their price objective on Walt Disney from $125.00 to $130.00 and gave the company a “buy” rating in a report on Tuesday, March 4th. Needham & Company LLC reiterated a “buy” rating and set a $130.00 target price on shares of Walt Disney in a report on Wednesday, February 5th. Morgan Stanley boosted their price target on shares of Walt Disney from $125.00 to $130.00 and gave the company an “overweight” rating in a report on Thursday, February 6th. Finally, Rosenblatt Securities reaffirmed a “buy” rating and issued a $135.00 price target on shares of Walt Disney in a research report on Monday, February 10th. Six equities 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. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $125.64.

Walt Disney Stock Down 2.4 %

Shares of DIS opened at $98.02 on Friday. The stock’s 50-day moving average price is $107.31 and its 200-day moving average price is $104.96. The company has a quick ratio of 0.62, a current ratio of 0.68 and a debt-to-equity ratio of 0.36. The company has a market capitalization of $177.19 billion, a price-to-earnings ratio of 31.93, a PEG ratio of 1.80 and a beta of 1.41. The Walt Disney Company has a 52 week low of $83.91 and a 52 week high of $123.69.

Walt Disney (NYSE:DIS) last posted its earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 earnings per share (EPS) for the quarter, beating the consensus estimate 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, sell-side analysts predict that The Walt Disney Company will post 5.47 EPS for the current year.

About Walt Disney

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.