United Asset Strategies Inc. Buys 725 Shares of The Walt Disney Company $DIS

United Asset Strategies Inc. increased its stake in shares of The Walt Disney Company (NYSE:DIS) by 1.2% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 63,684 shares of the entertainment giant’s stock after purchasing an additional 725 shares during the quarter. United Asset Strategies Inc.’s holdings in Walt Disney were worth $7,897,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. MJT & Associates Financial Advisory Group Inc. acquired a new stake in Walt Disney in the first quarter worth about $26,000. DiNuzzo Private Wealth Inc. grew its position in shares of Walt Disney by 82.5% during the 2nd quarter. DiNuzzo Private Wealth Inc. now owns 208 shares of the entertainment giant’s stock worth $26,000 after buying an additional 94 shares during the period. Harbor Asset Planning Inc. bought a new stake in shares of Walt Disney during the second quarter worth approximately $37,000. RMG Wealth Management LLC acquired a new position in Walt Disney in the second quarter valued at approximately $49,000. Finally, Wealth Preservation Advisors LLC bought a new position in Walt Disney in the first quarter valued at approximately $53,000. Institutional investors and hedge funds own 65.71% of the company’s stock.

Walt Disney Stock Up 2.4%

Shares of DIS stock opened at $114.93 on Wednesday. The Walt Disney Company has a 12-month low of $80.10 and a 12-month high of $124.69. The company has a quick ratio of 0.66, a current ratio of 0.72 and a debt-to-equity ratio of 0.32. The firm has a fifty day moving average of $113.26 and a 200-day moving average of $114.33. The company has a market capitalization of $206.64 billion, a price-to-earnings ratio of 18.01, a P/E/G ratio of 1.45 and a beta of 1.55.

Analyst Ratings Changes

Several analysts have commented on DIS shares. Morgan Stanley upped their target price on shares of Walt Disney from $120.00 to $140.00 and gave the company an “overweight” rating in a research report on Monday, August 4th. Rosenblatt Securities reiterated a “buy” rating and issued a $141.00 price objective on shares of Walt Disney in a report on Friday, October 17th. Susquehanna reissued a “neutral” rating on shares of Walt Disney in a research note on Monday, August 11th. Evercore ISI boosted their target price on Walt Disney from $134.00 to $140.00 and gave the stock an “outperform” rating in a research report on Monday, August 4th. Finally, UBS Group upped their price target on Walt Disney from $120.00 to $138.00 and gave the company a “buy” rating in a research note on Wednesday, July 16th. Nineteen equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Walt Disney presently has a consensus rating of “Moderate Buy” and an average target price of $132.90.

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.