Strategies Wealth Advisors LLC Purchases Shares of 8,434 The Walt Disney Company (NYSE:DIS)

Strategies Wealth Advisors LLC acquired a new stake in shares of The Walt Disney Company (NYSE:DIS) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 8,434 shares of the entertainment giant’s stock, valued at approximately $923,000.

Several other large investors have also recently made changes to their positions in the company. Belpointe Asset Management LLC grew its position in Walt Disney by 1.2% in the fourth quarter. Belpointe Asset Management LLC now owns 20,595 shares of the entertainment giant’s stock worth $2,293,000 after acquiring an additional 240 shares in the last quarter. CreativeOne Wealth LLC raised its holdings in Walt Disney by 9.3% during the 4th quarter. CreativeOne Wealth LLC now owns 12,517 shares of the entertainment giant’s stock valued at $1,394,000 after buying an additional 1,069 shares during the period. Cohen & Steers Inc. lifted its position in Walt Disney by 5.3% in the fourth quarter. Cohen & Steers Inc. now owns 2,254 shares of the entertainment giant’s stock worth $251,000 after buying an additional 114 shares during the last quarter. Peninsula Wealth LLC bought a new position in Walt Disney during the fourth quarter valued at $205,000. Finally, Giverny Capital Inc. lifted its holdings in shares of Walt Disney by 1.1% in the 4th quarter. Giverny Capital Inc. now owns 248,218 shares of the entertainment giant’s stock worth $27,639,000 after acquiring an additional 2,670 shares during the last quarter. 65.71% of the stock is owned by institutional investors.

Walt Disney Trading Down 0.4 %

Shares of Walt Disney stock opened at $84.92 on Monday. The Walt Disney Company has a fifty-two week low of $80.10 and a fifty-two week high of $118.63. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.62 and a current ratio of 0.68. The company has a market cap of $153.52 billion, a P/E ratio of 27.66, a price-to-earnings-growth ratio of 1.80 and a beta of 1.44. The firm has a 50-day simple moving average of $101.83 and a two-hundred day simple moving average of $104.82.

Walt Disney (NYSE:DIS) last issued 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 return on equity of 9.95% and a net margin of 6.07%. As a group, equities analysts predict that The Walt Disney Company will post 5.47 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the stock. Barclays cut their price target on shares of Walt Disney from $125.00 to $115.00 and set an “overweight” rating on the stock in a report on Tuesday, April 8th. Macquarie restated a “neutral” rating and set a $110.00 price objective on shares of Walt Disney in a report on Monday, January 6th. Morgan Stanley boosted their price objective on shares of Walt Disney from $125.00 to $130.00 and gave the company an “overweight” rating in a research report on Thursday, February 6th. Prescient Securities decreased their price objective on Walt Disney from $130.00 to $115.00 and set a “neutral” rating for the company in a report on Tuesday, February 4th. Finally, Redburn Atlantic upgraded shares of Walt Disney from a “neutral” rating to a “buy” rating and increased their target price for the stock from $100.00 to $147.00 in a report on Tuesday, January 7th. Six equities research analysts have rated the stock with a hold rating, sixteen have given a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, Walt Disney currently has a consensus rating of “Moderate Buy” and a consensus target price of $125.13.

Walt Disney 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.