Janus Henderson Group PLC Has $447.87 Million Stake in The Walt Disney Company (NYSE:DIS)

Janus Henderson Group PLC reduced its stake in The Walt Disney Company (NYSE:DIS - Free Report) by 2.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,022,017 shares of the entertainment giant's stock after selling 120,974 shares during the quarter. Janus Henderson Group PLC owned 0.22% of Walt Disney worth $447,867,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in the company. Trek Financial LLC lifted its stake in Walt Disney by 479.9% in the 4th quarter. Trek Financial LLC now owns 36,320 shares of the entertainment giant's stock valued at $4,044,000 after acquiring an additional 30,057 shares in the last quarter. Brookstone Capital Management lifted its position in shares of Walt Disney by 10.5% in the fourth quarter. Brookstone Capital Management now owns 140,883 shares of the entertainment giant's stock worth $15,687,000 after purchasing an additional 13,339 shares in the last quarter. Greystone Financial Group LLC boosted its holdings in Walt Disney by 13.3% during the fourth quarter. Greystone Financial Group LLC now owns 85,187 shares of the entertainment giant's stock worth $9,486,000 after purchasing an additional 9,967 shares during the last quarter. Avanza Fonder AB bought a new position in Walt Disney in the fourth quarter valued at $15,125,000. Finally, FourThought Financial Partners LLC acquired a new stake in Walt Disney in the 4th quarter valued at $446,000. Institutional investors own 65.71% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on DIS shares. Guggenheim decreased their price objective on Walt Disney from $130.00 to $120.00 and set a "buy" rating for the company in a report on Thursday. UBS Group raised their price target on Walt Disney from $105.00 to $120.00 and gave the company a "buy" rating in a research note on Thursday. Rosenblatt Securities reiterated a "buy" rating and set a $135.00 price objective on shares of Walt Disney in a research note on Monday, February 10th. Wolfe Research raised shares of Walt Disney from a "peer perform" rating to an "outperform" rating and set a $112.00 target price for the company in a research note on Monday, April 21st. Finally, Barclays upped their price target on shares of Walt Disney from $115.00 to $120.00 and gave the stock an "overweight" rating in a research report on Thursday. Six research analysts have rated the stock with a hold rating, seventeen have issued a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $123.54.

Walt Disney Stock Performance

NYSE DIS opened at $105.93 on Friday. The Walt Disney Company has a 1 year low of $80.10 and a 1 year high of $118.63. The firm has a market capitalization of $191.50 billion, a price-to-earnings ratio of 34.50, a P/E/G ratio of 1.80 and a beta of 1.49. The company has a current ratio of 0.68, a quick ratio of 0.62 and a debt-to-equity ratio of 0.36. The firm's 50 day simple moving average is $93.86 and its 200 day simple moving average is $104.16.

Walt Disney (NYSE:DIS - Get Free Report) last posted its quarterly earnings results on Wednesday, May 7th. The entertainment giant reported $1.45 EPS for the quarter, topping analysts' consensus estimates of $1.21 by $0.24. The company had revenue of $23.62 billion during the quarter, compared to analysts' expectations of $23.15 billion. Walt Disney had a return on equity of 9.95% and a net margin of 6.07%. Walt Disney's revenue was up 7.0% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.21 EPS. As a group, research analysts expect that The Walt Disney Company will post 5.47 earnings per share for the current fiscal year.

About Walt Disney

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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