Securian Asset Management Inc. Has $10.84 Million Stake in The Walt Disney Company (NYSE:DIS)

Securian Asset Management Inc. decreased its holdings in shares of The Walt Disney Company (NYSE:DIS - Free Report) by 3.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 97,330 shares of the entertainment giant's stock after selling 2,976 shares during the quarter. Securian Asset Management Inc.'s holdings in Walt Disney were worth $10,838,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Great Lakes Advisors LLC raised its position in Walt Disney by 1.3% during the fourth quarter. Great Lakes Advisors LLC now owns 1,409,912 shares of the entertainment giant's stock worth $156,994,000 after acquiring an additional 18,639 shares in the last quarter. Hopwood Financial Services Inc. bought a new stake in Walt Disney during the fourth quarter worth $397,000. Farther Finance Advisors LLC raised its position in Walt Disney by 46.5% during the fourth quarter. Farther Finance Advisors LLC now owns 61,503 shares of the entertainment giant's stock worth $6,848,000 after acquiring an additional 19,509 shares in the last quarter. Sequoia Financial Advisors LLC raised its position in Walt Disney by 1.5% during the fourth quarter. Sequoia Financial Advisors LLC now owns 111,393 shares of the entertainment giant's stock worth $12,404,000 after acquiring an additional 1,696 shares in the last quarter. Finally, HighTower Advisors LLC raised its position in Walt Disney by 1.6% during the fourth quarter. HighTower Advisors LLC now owns 2,523,138 shares of the entertainment giant's stock worth $280,951,000 after acquiring an additional 40,672 shares in the last quarter. Institutional investors and hedge funds own 65.71% of the company's stock.

Walt Disney Stock Performance

NYSE:DIS opened at $98.00 on Wednesday. The company has a fifty day moving average of $109.88 and a 200-day moving average of $104.30. The firm has a market capitalization of $177.17 billion, a P/E ratio of 31.92, a P/E/G ratio of 1.80 and a beta of 1.41. The company has a quick ratio of 0.62, a current ratio of 0.68 and a debt-to-equity ratio of 0.36. The Walt Disney Company has a twelve month low of $83.91 and a twelve month high of $123.74.

Remove Ads

Walt Disney (NYSE:DIS - Get Free Report) last posted its quarterly earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.44 by $0.32. Walt Disney had a net margin of 6.07% and a return on equity of 9.95%. As a group, sell-side analysts anticipate that The Walt Disney Company will post 5.47 EPS for the current year.

Analysts Set New Price Targets

DIS has been the topic of several research analyst reports. Evercore ISI increased their price objective on shares of Walt Disney from $128.00 to $134.00 and gave the company an "outperform" rating in a research report on Monday, November 18th. Guggenheim raised their price target on shares of Walt Disney from $110.00 to $130.00 and gave the stock a "buy" rating in a research report on Friday, November 15th. Jefferies Financial Group assumed coverage on shares of Walt Disney in a research report on Wednesday, December 4th. They set a "hold" rating and a $120.00 price target on the stock. Loop Capital raised their price target on shares of Walt Disney from $125.00 to $130.00 and gave the stock a "buy" rating in a research report on Tuesday, March 4th. Finally, Macquarie reaffirmed a "neutral" rating and set a $110.00 price target on shares of Walt Disney in a research report on Monday, January 6th. Six investment analysts have rated the stock with a hold rating, eighteen have issued a buy rating and two have issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $125.64.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.