The Walt Disney Company (NYSE:DIS) Shares Bought by Mitsubishi UFJ Asset Management Co. Ltd.

Mitsubishi UFJ Asset Management Co. Ltd. grew its holdings in The Walt Disney Company (NYSE:DIS - Free Report) by 11.4% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 3,436,890 shares of the entertainment giant's stock after acquiring an additional 350,750 shares during the quarter. Mitsubishi UFJ Asset Management Co. Ltd. owned 0.19% of Walt Disney worth $339,221,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Ironwood Investment Counsel LLC raised its position in shares of Walt Disney by 2.0% in the 1st quarter. Ironwood Investment Counsel LLC now owns 53,588 shares of the entertainment giant's stock valued at $5,289,000 after purchasing an additional 1,029 shares during the last quarter. Arjuna Capital acquired a new stake in Walt Disney during the 1st quarter worth about $1,261,000. Headlands Technologies LLC lifted its position in Walt Disney by 2,649.2% during the 1st quarter. Headlands Technologies LLC now owns 30,654 shares of the entertainment giant's stock worth $3,026,000 after acquiring an additional 29,539 shares during the period. Ontario Teachers Pension Plan Board raised its stake in shares of Walt Disney by 3.3% in the first quarter. Ontario Teachers Pension Plan Board now owns 2,436,181 shares of the entertainment giant's stock worth $240,451,000 after purchasing an additional 78,394 shares during the last quarter. Finally, Deutsche Bank AG lifted its holdings in shares of Walt Disney by 7.1% during the first quarter. Deutsche Bank AG now owns 6,552,766 shares of the entertainment giant's stock worth $646,758,000 after purchasing an additional 432,575 shares during the period. Hedge funds and other institutional investors own 65.71% of the company's stock.

Walt Disney Trading Down 2.5%

Shares of DIS stock opened at $115.32 on Thursday. The company has a current ratio of 0.67, a quick ratio of 0.61 and a debt-to-equity ratio of 0.34. The company's 50-day moving average price is $119.16 and its 200-day moving average price is $107.94. The Walt Disney Company has a twelve month low of $80.10 and a twelve month high of $124.69. The stock has a market cap of $207.31 billion, a price-to-earnings ratio of 23.58, a PEG ratio of 1.73 and a beta of 1.56.

Walt Disney (NYSE:DIS - Get Free Report) last issued its quarterly earnings data on Wednesday, August 6th. The entertainment giant reported $1.61 earnings per share for the quarter, topping the consensus estimate of $1.45 by $0.16. Walt Disney had a return on equity of 9.99% and a net margin of 9.47%. The company had revenue of $23.65 billion during the quarter, compared to analyst estimates of $23.69 billion. During the same period in the prior year, the business posted $1.39 earnings per share. The firm's revenue for the quarter was up 2.1% compared to the same quarter last year. As a group, equities analysts predict that The Walt Disney Company will post 5.47 earnings per share for the current year.

Insiders Place Their Bets

In other news, EVP Brent Woodford sold 1,000 shares of the company's stock in a transaction that occurred on Tuesday, May 13th. The shares were sold at an average price of $110.84, for a total value of $110,840.00. Following the transaction, the executive vice president directly owned 46,831 shares in the company, valued at approximately $5,190,748.04. This represents a 2.09% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 0.16% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on DIS. Needham & Company LLC reissued a "buy" rating and set a $125.00 price target on shares of Walt Disney in a research report on Thursday, May 8th. Rosenblatt Securities upped their target price on Walt Disney from $135.00 to $140.00 and gave the stock a "buy" rating in a research note on Tuesday, June 3rd. Jefferies Financial Group raised Walt Disney from a "hold" rating to a "buy" rating and raised their target price for the stock from $100.00 to $144.00 in a report on Monday, June 30th. Evercore ISI lifted their target price on shares of Walt Disney from $134.00 to $140.00 and gave the company an "outperform" rating in a report on Monday. Finally, Guggenheim increased their price target on shares of Walt Disney from $120.00 to $140.00 and gave the stock a "buy" rating in a report on Friday, June 27th. Five investment analysts have rated the stock with a hold rating, nineteen have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, Walt Disney currently has an average rating of "Moderate Buy" and a consensus target price of $129.83.

Walt Disney 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.

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