Rakuten Securities Inc. Has $804,000 Stock Holdings in The Walt Disney Company $DIS

Key Points

• Rakuten Securities boosted its Walt Disney stake by 474.2% in Q4, adding 5,838 shares to hold 7,069 shares worth about $804,000.
• Disney beat Q4 estimates with EPS of $1.63 (vs. $1.57) and revenue of $25.98 billion, and analysts maintain a consensus "Moderate Buy" with an average price target of $133.53 (17 Buys, 5 Holds, 1 Sell).

Rakuten Securities Inc. increased its holdings in shares of The Walt Disney Company (NYSE:DIS - Free Report) by 474.2% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 7,069 shares of the entertainment giant's stock after purchasing an additional 5,838 shares during the quarter. Rakuten Securities Inc.'s holdings in Walt Disney were worth $804,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. Vanguard Group Inc. increased its position in shares of Walt Disney by 0.4% during the third quarter. Vanguard Group Inc. now owns 158,121,947 shares of the entertainment giant's stock worth $18,104,963,000 after acquiring an additional 620,463 shares in the last quarter. State Street Corp lifted its position in Walt Disney by 3.0% in the 3rd quarter. State Street Corp now owns 82,019,749 shares of the entertainment giant's stock valued at $9,391,261,000 after acquiring an additional 2,376,706 shares in the last quarter. Invesco Ltd. boosted its stake in Walt Disney by 6.5% in the 3rd quarter. Invesco Ltd. now owns 12,994,916 shares of the entertainment giant's stock worth $1,487,918,000 after purchasing an additional 790,365 shares during the period. Amundi boosted its stake in Walt Disney by 2.0% in the 3rd quarter. Amundi now owns 12,971,705 shares of the entertainment giant's stock worth $1,462,645,000 after purchasing an additional 254,626 shares during the period. Finally, Alliancebernstein L.P. increased its holdings in Walt Disney by 4.3% during the 3rd quarter. Alliancebernstein L.P. now owns 12,650,425 shares of the entertainment giant's stock worth $1,448,474,000 after purchasing an additional 515,938 shares in the last quarter. 65.71% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on DIS. The Goldman Sachs Group reissued a "buy" rating and issued a $151.00 price target on shares of Walt Disney in a research note on Monday, February 2nd. Phillip Securities upgraded Walt Disney to a "moderate buy" rating in a report on Monday, January 12th. Weiss Ratings lowered Walt Disney from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Tuesday, February 3rd. Morgan Stanley assumed coverage on Walt Disney in a research note on Tuesday, February 3rd. They issued an "overweight" rating and a $135.00 target price on the stock. Finally, Needham & Company LLC reaffirmed a "buy" rating and set a $125.00 price target on shares of Walt Disney in a research report on Tuesday, March 31st. Seventeen analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Walt Disney has an average rating of "Moderate Buy" and an average target price of $133.53.

Walt Disney Trading Down 1.1%

Shares of NYSE:DIS opened at $103.70 on Friday. The company's 50-day moving average price is $101.21 and its two-hundred day moving average price is $107.10. The Walt Disney Company has a one year low of $86.77 and a one year high of $124.69. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.67 and a quick ratio of 0.61. The stock has a market capitalization of $183.71 billion, a PE ratio of 15.25, a price-to-earnings-growth ratio of 1.47 and a beta of 1.44.

Walt Disney (NYSE:DIS - Get Free Report) last announced its quarterly earnings data on Monday, February 2nd. The entertainment giant reported $1.63 earnings per share for the quarter, beating the consensus estimate of $1.57 by $0.06. The company had revenue of $25.98 billion during the quarter, compared to analysts' expectations of $25.54 billion. Walt Disney had a return on equity of 8.90% and a net margin of 12.80%.Walt Disney's revenue for the quarter was up 5.2% compared to the same quarter last year. During the same quarter last year, the company earned $1.40 EPS. On average, equities analysts forecast that The Walt Disney Company will post 6.61 EPS for the current fiscal year.

About Walt Disney

The Walt Disney Company NYSE: DIS, commonly known as Disney, is a diversified global entertainment and media conglomerate headquartered in Burbank, California. Founded in 1923 by Walt and Roy O. Disney, the company grew from an animation studio into a multi‑national entertainment enterprise known for iconic intellectual property and family‑oriented storytelling. Disney's operations span film and television production, streaming services, theme parks and resorts, consumer products, and live entertainment.

On the content side, Disney produces and distributes feature films and television programming through a portfolio of studios and labels that includes Walt Disney Pictures, Pixar, Marvel Studios, Lucasfilm and 20th Century Studios, along with broadcast and cable networks such as ABC, FX and National Geographic.

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