Mitsubishi UFJ Asset Management UK Ltd. Has $1.15 Million Stock Holdings in The Walt Disney Company (NYSE:DIS)

Mitsubishi UFJ Asset Management UK Ltd. reduced its position in The Walt Disney Company (NYSE:DIS - Free Report) by 33.3% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 12,000 shares of the entertainment giant's stock after selling 6,000 shares during the period. Mitsubishi UFJ Asset Management UK Ltd.'s holdings in Walt Disney were worth $1,154,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of DIS. ESL Trust Services LLC bought a new position in shares of Walt Disney during the 1st quarter worth approximately $31,000. William B. Walkup & Associates Inc. bought a new position in Walt Disney during the second quarter worth $32,000. Mascoma Wealth Management LLC increased its holdings in shares of Walt Disney by 38.0% in the second quarter. Mascoma Wealth Management LLC now owns 443 shares of the entertainment giant's stock valued at $44,000 after purchasing an additional 122 shares during the last quarter. Red Tortoise LLC raised its position in shares of Walt Disney by 141.4% in the first quarter. Red Tortoise LLC now owns 367 shares of the entertainment giant's stock valued at $45,000 after purchasing an additional 215 shares during the period. Finally, First PREMIER Bank lifted its stake in shares of Walt Disney by 98.1% during the 3rd quarter. First PREMIER Bank now owns 517 shares of the entertainment giant's stock worth $50,000 after buying an additional 256 shares during the last quarter. Institutional investors own 65.71% of the company's stock.

Analyst Ratings Changes

DIS has been the topic of several research analyst reports. Loop Capital lowered their price target on shares of Walt Disney from $139.00 to $130.00 and set a "buy" rating on the stock in a report on Tuesday, July 30th. Deutsche Bank Aktiengesellschaft reduced their price target on Walt Disney from $130.00 to $115.00 and set a "buy" rating for the company in a research note on Thursday, August 8th. Wells Fargo & Company decreased their price objective on Walt Disney from $136.00 to $116.00 and set an "overweight" rating on the stock in a report on Thursday, August 8th. Raymond James reissued a "market perform" rating on shares of Walt Disney in a report on Tuesday, October 1st. Finally, Piper Sandler assumed coverage on shares of Walt Disney in a research note on Wednesday. They issued a "neutral" rating and a $95.00 price target on the stock. Five analysts have rated the stock with a hold rating, seventeen have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, Walt Disney currently has a consensus rating of "Moderate Buy" and an average target price of $118.05.

Insider Activity

In other Walt Disney news, Director Calvin Mcdonald acquired 11,756 shares of the company's stock in a transaction that occurred on Thursday, August 8th. The stock was acquired at an average price of $85.06 per share, for a total transaction of $999,965.36. Following the acquisition, the director now directly owns 22,313 shares in the company, valued at $1,897,943.78. This represents a 100.00 % increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Insiders own 0.10% of the company's stock.

Walt Disney Price Performance

DIS stock traded up $0.74 during trading on Friday, reaching $97.28. 8,609,692 shares of the company were exchanged, compared to its average volume of 10,981,851. The Walt Disney Company has a twelve month low of $79.23 and a twelve month high of $123.74. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.72 and a quick ratio of 0.66. The company has a market capitalization of $177.35 billion, a price-to-earnings ratio of 105.75, a P/E/G ratio of 1.49 and a beta of 1.40. The company has a 50-day moving average of $91.72 and a two-hundred day moving average of $99.06.

Walt Disney (NYSE:DIS - Get Free Report) last announced its quarterly earnings results on Wednesday, August 7th. The entertainment giant reported $1.39 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.20 by $0.19. The company had revenue of $23.20 billion during the quarter, compared to the consensus estimate of $23.08 billion. Walt Disney had a net margin of 5.30% and a return on equity of 8.64%. The company's revenue for the quarter was up 3.9% compared to the same quarter last year. During the same period in the prior year, the business earned $1.03 earnings per share. As a group, equities analysts predict that The Walt Disney Company will post 4.92 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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