Mizuho Securities USA LLC Acquires 54,035 Shares of The Walt Disney Company (NYSE:DIS)

Mizuho Securities USA LLC increased its position in shares of The Walt Disney Company (NYSE:DIS - Free Report) by 45.9% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 171,636 shares of the entertainment giant's stock after purchasing an additional 54,035 shares during the quarter. Mizuho Securities USA LLC's holdings in Walt Disney were worth $19,112,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the company. United Bank grew its holdings in Walt Disney by 6.2% during the 3rd quarter. United Bank now owns 12,145 shares of the entertainment giant's stock worth $1,168,000 after acquiring an additional 712 shares during the last quarter. Prospera Private Wealth LLC bought a new stake in shares of Walt Disney during the third quarter valued at approximately $101,000. Advisors Asset Management Inc. increased its holdings in shares of Walt Disney by 7.7% in the third quarter. Advisors Asset Management Inc. now owns 29,384 shares of the entertainment giant's stock valued at $2,826,000 after purchasing an additional 2,110 shares in the last quarter. Pacer Advisors Inc. raised its position in Walt Disney by 3.7% in the 3rd quarter. Pacer Advisors Inc. now owns 134,529 shares of the entertainment giant's stock worth $12,940,000 after purchasing an additional 4,842 shares during the last quarter. Finally, Eagle Asset Management Inc. lifted its holdings in Walt Disney by 49.2% during the 3rd quarter. Eagle Asset Management Inc. now owns 15,000 shares of the entertainment giant's stock worth $1,485,000 after buying an additional 4,947 shares in the last quarter. 65.71% of the stock is owned by institutional investors.

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Wall Street Analyst Weigh In

Several research firms have recently commented on DIS. Citigroup reissued a "buy" rating and issued a $125.00 target price on shares of Walt Disney in a research note on Wednesday, January 22nd. Rosenblatt Securities reissued a "buy" rating and set a $135.00 price objective on shares of Walt Disney in a report on Monday, February 10th. Loop Capital raised their target price on shares of Walt Disney from $125.00 to $130.00 and gave the company a "buy" rating in a research note on Tuesday, March 4th. Redburn Atlantic raised shares of Walt Disney from a "neutral" rating to a "buy" rating and boosted their price target for the stock from $100.00 to $147.00 in a research note on Tuesday, January 7th. Finally, The Goldman Sachs Group raised their price objective on shares of Walt Disney from $137.00 to $139.00 and gave the company a "buy" rating in a research note on Tuesday, February 4th. Six investment 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's stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $125.64.

Walt Disney Stock Up 1.4 %

Shares of DIS stock traded up $1.43 during trading hours on Tuesday, hitting $101.61. 7,363,448 shares of the company were exchanged, compared to its average volume of 9,539,415. The Walt Disney Company has a 52 week low of $83.91 and a 52 week high of $123.74. 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 business has a 50 day moving average of $107.89 and a two-hundred day moving average of $104.86. The company has a market capitalization of $183.69 billion, a PE ratio of 33.10, a PEG ratio of 1.80 and a beta of 1.41.

Walt Disney (NYSE:DIS - Get Free Report) last released its earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.44 by $0.32. Walt Disney had a return on equity of 9.95% and a net margin of 6.07%. Analysts anticipate 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.