The Walt Disney Company (NYSE:DIS) Shares Sold by Mitsubishi UFJ Trust & Banking Corp

Mitsubishi UFJ Trust & Banking Corp decreased its holdings in The Walt Disney Company (NYSE:DIS) by 5.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,073,466 shares of the entertainment giant’s stock after selling 56,129 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp’s holdings in Walt Disney were worth $119,530,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of DIS. Florida Financial Advisors LLC increased its position in Walt Disney by 46.6% in the 4th quarter. Florida Financial Advisors LLC now owns 3,317 shares of the entertainment giant’s stock valued at $357,000 after acquiring an additional 1,055 shares during the period. Aire Advisors LLC increased its holdings in shares of Walt Disney by 1.9% in the fourth quarter. Aire Advisors LLC now owns 6,843 shares of the entertainment giant’s stock valued at $762,000 after purchasing an additional 128 shares during the period. PKS Advisory Services LLC acquired a new position in shares of Walt Disney in the fourth quarter valued at approximately $939,000. FineMark National Bank & Trust raised its stake in shares of Walt Disney by 0.4% during the fourth quarter. FineMark National Bank & Trust now owns 104,750 shares of the entertainment giant’s stock worth $11,664,000 after purchasing an additional 370 shares during the last quarter. Finally, TD Asset Management Inc. lifted its holdings in shares of Walt Disney by 4.6% during the fourth quarter. TD Asset Management Inc. now owns 1,028,259 shares of the entertainment giant’s stock worth $114,497,000 after purchasing an additional 44,978 shares during the period. Institutional investors and hedge funds own 65.71% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have commented on DIS shares. Jefferies Financial Group started coverage on shares of Walt Disney in a research report on Wednesday, December 4th. They set a “hold” rating and a $120.00 price objective for the company. 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 report on Tuesday, February 4th. Redburn Atlantic upgraded Walt Disney from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $100.00 to $147.00 in a research report on Tuesday, January 7th. The Goldman Sachs Group lifted their price target on Walt Disney from $137.00 to $139.00 and gave the company a “buy” rating in a research note on Tuesday, February 4th. Finally, Macquarie reaffirmed a “neutral” rating and set a $110.00 price objective on shares of Walt Disney in a report on Monday, January 6th. Six equities research analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, Walt Disney presently has an average rating of “Moderate Buy” and a consensus target price of $125.64.

Walt Disney Stock Up 0.8 %

Shares of NYSE:DIS opened at $100.24 on Tuesday. The company has a quick ratio of 0.62, a current ratio of 0.68 and a debt-to-equity ratio of 0.36. The company has a market capitalization of $181.21 billion, a P/E ratio of 32.65, a P/E/G ratio of 1.80 and a beta of 1.41. The Walt Disney Company has a 52-week low of $83.91 and a 52-week high of $123.74. The stock’s fifty day simple moving average is $107.89 and its 200-day simple moving average is $104.86.

Walt Disney (NYSE:DIS) last released its earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.44 by $0.32. Walt Disney had a net margin of 6.07% and a return on equity of 9.95%. As a group, equities research analysts forecast that The Walt Disney Company will post 5.47 earnings per share for the current fiscal year.

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.