Strategic Investment Solutions Inc. IL Has $379,000 Position in The Walt Disney Company (NYSE:DIS)

Strategic Investment Solutions Inc. IL lifted its stake in The Walt Disney Company (NYSE:DIS) by 36.7% during the fourth quarter, HoldingsChannel reports. The fund owned 3,401 shares of the entertainment giant’s stock after purchasing an additional 913 shares during the quarter. Strategic Investment Solutions Inc. IL’s holdings in Walt Disney were worth $379,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Morse Asset Management Inc lifted its stake in Walt Disney by 17.5% in the third quarter. Morse Asset Management Inc now owns 21,366 shares of the entertainment giant’s stock valued at $2,055,000 after acquiring an additional 3,185 shares during the last quarter. Te Ahumairangi Investment Management Ltd raised its holdings in shares of Walt Disney by 28.3% during the 3rd quarter. Te Ahumairangi Investment Management Ltd now owns 37,123 shares of the entertainment giant’s stock valued at $3,551,000 after purchasing an additional 8,180 shares in the last quarter. Saratoga Research & Investment Management lifted its stake in shares of Walt Disney by 18.8% in the 3rd quarter. Saratoga Research & Investment Management now owns 1,536,008 shares of the entertainment giant’s stock valued at $147,749,000 after purchasing an additional 242,675 shares during the last quarter. Eaton Financial Holdings Company LLC bought a new stake in Walt Disney in the third quarter worth $660,000. Finally, Boyar Asset Management Inc. increased its position in Walt Disney by 1.7% during the third quarter. Boyar Asset Management Inc. now owns 33,280 shares of the entertainment giant’s stock worth $3,201,000 after buying an additional 551 shares during the last quarter. 65.71% of the stock is currently owned by hedge funds and other institutional investors.

Walt Disney Stock Down 2.5 %

DIS opened at $82.88 on Thursday. The company has a market capitalization of $149.83 billion, a P/E ratio of 27.00, a P/E/G ratio of 1.80 and a beta of 1.44. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.68 and a quick ratio of 0.62. The firm’s fifty day moving average price is $100.21 and its two-hundred day moving average price is $104.52. The Walt Disney Company has a fifty-two week low of $80.10 and a fifty-two week high of $118.63.

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

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the company. Redburn Atlantic raised Walt Disney from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $100.00 to $147.00 in a research report on Tuesday, January 7th. Morgan Stanley upped their target price on Walt Disney from $125.00 to $130.00 and gave the stock an “overweight” rating in a research report on Thursday, February 6th. Citigroup reiterated a “buy” rating and set a $125.00 price target on shares of Walt Disney in a report on Wednesday, January 22nd. Prescient Securities reduced their price objective on shares of Walt Disney from $130.00 to $115.00 and set a “neutral” rating for the company in a research note on Tuesday, February 4th. Finally, Needham & Company LLC reiterated a “buy” rating and issued a $130.00 target price on shares of Walt Disney in a research note on Wednesday, February 5th. Six research analysts have rated the stock with a hold rating, sixteen have assigned a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $124.48.

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.