Strategy Asset Managers LLC Has $4.90 Million Position in The Walt Disney Company (NYSE:DIS)

Strategy Asset Managers LLC decreased its position in shares of The Walt Disney Company (NYSE:DIS - Free Report) by 9.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 50,914 shares of the entertainment giant's stock after selling 5,088 shares during the quarter. Strategy Asset Managers LLC's holdings in Walt Disney were worth $4,897,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently made changes to their positions in the business. Concurrent Investment Advisors LLC raised its holdings in shares of Walt Disney by 8.4% during the third quarter. Concurrent Investment Advisors LLC now owns 66,744 shares of the entertainment giant's stock valued at $6,420,000 after acquiring an additional 5,184 shares during the period. Summit Global Investments grew its position in shares of Walt Disney by 476.0% in the third quarter. Summit Global Investments now owns 12,379 shares of the entertainment giant's stock valued at $1,191,000 after purchasing an additional 10,230 shares during the last quarter. Lmcg Investments LLC lifted its holdings in shares of Walt Disney by 18.6% during the third quarter. Lmcg Investments LLC now owns 147,353 shares of the entertainment giant's stock worth $14,174,000 after buying an additional 23,116 shares during the last quarter. B. Metzler seel. Sohn & Co. Holding AG bought a new stake in Walt Disney in the 3rd quarter valued at $14,079,000. Finally, American Assets Inc. acquired a new position in shares of Walt Disney during the third quarter valued at about $962,000. Institutional investors own 65.71% of the company's stock.

Walt Disney Stock Performance

Shares of DIS traded up $0.65 during mid-day trading on Wednesday, reaching $113.07. The company's stock had a trading volume of 5,035,550 shares, compared to its average volume of 10,998,362. The Walt Disney Company has a 1-year low of $83.91 and a 1-year high of $123.74. The business has a 50-day simple moving average of $96.55 and a two-hundred day simple moving average of $96.60. The company has a current ratio of 0.73, a quick ratio of 0.67 and a debt-to-equity ratio of 0.37. The stock has a market cap of $204.76 billion, a P/E ratio of 41.48, a PEG ratio of 1.85 and a beta of 1.40.

Analyst Ratings Changes

A number of research analysts have commented on the stock. Deutsche Bank Aktiengesellschaft raised their price target on shares of Walt Disney from $115.00 to $131.00 and gave the stock a "buy" rating in a research note on Friday, November 15th. JPMorgan Chase & Co. lowered their target price on shares of Walt Disney from $135.00 to $125.00 and set an "overweight" rating on the stock in a report on Thursday, August 8th. Guggenheim increased their target price on Walt Disney from $110.00 to $130.00 and gave the stock a "buy" rating in a report on Friday, November 15th. Raymond James reiterated a "market perform" rating on shares of Walt Disney in a research report on Tuesday, October 1st. Finally, Evercore ISI upped their target price on shares of Walt Disney from $128.00 to $134.00 and gave the company an "outperform" rating in a research report on Monday. Five analysts have rated the stock with a hold rating, eighteen have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, Walt Disney has an average rating of "Moderate Buy" and a consensus target price of $123.83.

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.