The Walt Disney Company (NYSE:DIS) Stock Holdings Increased by Strategic Financial Services Inc.

Strategic Financial Services Inc. raised its stake in The Walt Disney Company (NYSE:DIS) by 21.5% during the 4th quarter, Holdings Channel reports. The institutional investor owned 3,082 shares of the entertainment giant’s stock after purchasing an additional 546 shares during the quarter. Strategic Financial Services Inc.’s holdings in Walt Disney were worth $343,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in DIS. FPC Investment Advisory Inc. acquired a new position in shares of Walt Disney in the fourth quarter worth $28,000. Tacita Capital Inc grew its stake in Walt Disney by 93.2% in the fourth quarter. Tacita Capital Inc now owns 257 shares of the entertainment giant’s stock valued at $29,000 after purchasing an additional 124 shares in the last quarter. Midwest Capital Advisors LLC acquired a new position in Walt Disney in the 4th quarter worth about $34,000. Bay Harbor Wealth Management LLC purchased a new stake in shares of Walt Disney during the 4th quarter worth about $35,000. Finally, Vision Financial Markets LLC acquired a new stake in shares of Walt Disney during the 4th quarter valued at about $39,000. Institutional investors and hedge funds own 65.71% of the company’s stock.

Walt Disney Trading Up 1.0 %

NYSE DIS opened at $100.33 on Thursday. The stock has a 50 day moving average of $108.45 and a 200-day moving average of $104.65. The Walt Disney Company has a 12 month low of $83.91 and a 12 month high of $123.74. The company has a market cap of $181.38 billion, a PE ratio of 32.68, a PEG ratio of 1.80 and a beta of 1.41. The company has a current ratio of 0.68, a quick ratio of 0.62 and a debt-to-equity ratio of 0.36.

Walt Disney (NYSE:DIS) last announced its earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 EPS for the quarter, topping 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, equities research analysts anticipate that The Walt Disney Company will post 5.47 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on DIS shares. Redburn Atlantic raised shares of Walt Disney from a “neutral” rating to a “buy” rating and raised their price objective for the company from $100.00 to $147.00 in a research report on Tuesday, January 7th. Prescient Securities cut their price target on shares of Walt Disney from $130.00 to $115.00 and set a “neutral” rating on the stock in a report on Tuesday, February 4th. Macquarie reissued a “neutral” rating and set a $110.00 target price on shares of Walt Disney in a research report on Monday, January 6th. Morgan Stanley raised their target price on Walt Disney from $125.00 to $130.00 and gave the company an “overweight” rating in a report on Thursday, February 6th. Finally, Needham & Company LLC reiterated a “buy” rating and set a $130.00 price target on shares of Walt Disney in a research note on Wednesday, February 5th. Six investment analysts have rated the stock with a hold rating, eighteen have issued a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $125.64.

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.