Mitsubishi UFJ Trust & Banking Corp Sells 56,129 Shares of The Walt Disney Company (NYSE:DIS)

Mitsubishi UFJ Trust & Banking Corp cut its holdings in The Walt Disney Company (NYSE:DIS - Free Report) by 5.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,073,466 shares of the entertainment giant's stock after selling 56,129 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp owned approximately 0.06% of Walt Disney worth $119,530,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently made changes to their positions in the company. United Bank increased its position in shares of Walt Disney by 6.2% during the third quarter. United Bank now owns 12,145 shares of the entertainment giant's stock valued at $1,168,000 after buying an additional 712 shares during the period. Eagle Asset Management Inc. boosted its position in shares of Walt Disney by 49.2% during the third quarter. Eagle Asset Management Inc. now owns 15,000 shares of the entertainment giant's stock valued at $1,485,000 after purchasing an additional 4,947 shares in the last quarter. Larson Financial Group LLC boosted its position in shares of Walt Disney by 36.0% during the third quarter. Larson Financial Group LLC now owns 14,796 shares of the entertainment giant's stock valued at $1,423,000 after purchasing an additional 3,914 shares in the last quarter. Douglass Winthrop Advisors LLC grew its stake in Walt Disney by 5.6% in the third quarter. Douglass Winthrop Advisors LLC now owns 22,784 shares of the entertainment giant's stock worth $2,192,000 after purchasing an additional 1,214 shares during the period. Finally, Bank of Hawaii boosted its holdings in shares of Walt Disney by 2.6% during the 3rd quarter. Bank of Hawaii now owns 12,915 shares of the entertainment giant's stock valued at $1,242,000 after buying an additional 327 shares in the last quarter. 65.71% of the stock is currently owned by institutional investors.

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Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on DIS shares. Citigroup reiterated a "buy" rating and set a $125.00 target price on shares of Walt Disney in a report on Wednesday, January 22nd. Rosenblatt Securities reiterated a "buy" rating and set a $135.00 target price on shares of Walt Disney in a research note on Monday, February 10th. Morgan Stanley lifted their target price on Walt Disney from $125.00 to $130.00 and gave the stock an "overweight" rating in a report on Thursday, February 6th. Needham & Company LLC reaffirmed a "buy" rating and set a $130.00 price objective on shares of Walt Disney in a research report on Wednesday, February 5th. Finally, Prescient Securities decreased their target price on Walt Disney from $130.00 to $115.00 and set a "neutral" rating for the company in a research report on Tuesday, February 4th. Six investment analysts have rated the stock with a hold rating, eighteen have given a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $125.64.

Walt Disney Price Performance

Shares of DIS traded down $0.21 during mid-day trading on Thursday, hitting $100.57. 3,242,925 shares of the stock were exchanged, compared to its average volume of 9,471,964. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.62 and a current ratio of 0.68. The company has a market cap of $181.81 billion, a PE ratio of 32.76, a price-to-earnings-growth ratio of 1.80 and a beta of 1.41. The Walt Disney Company has a 52-week low of $83.91 and a 52-week high of $123.74. The firm has a 50-day moving average of $107.61 and a two-hundred day moving average of $105.04.

Walt Disney (NYSE:DIS - Get Free Report) last released its quarterly earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.44 by $0.32. Walt Disney had a net margin of 6.07% and a return on equity of 9.95%. On average, equities analysts predict that The Walt Disney Company will post 5.47 earnings per share for the current 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.