Mitsubishi UFJ Asset Management Co. Ltd. Purchases 235,783 Shares of The Walt Disney Company (NYSE:DIS)

Mitsubishi UFJ Asset Management Co. Ltd. grew its holdings in The Walt Disney Company (NYSE:DIS) by 8.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,086,140 shares of the entertainment giant’s stock after purchasing an additional 235,783 shares during the quarter. Mitsubishi UFJ Asset Management Co. Ltd. owned about 0.17% of Walt Disney worth $343,055,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently added to or reduced their stakes in DIS. Farmers Trust Co. raised its holdings in Walt Disney by 1.1% during the fourth quarter. Farmers Trust Co. now owns 8,483 shares of the entertainment giant’s stock worth $945,000 after buying an additional 92 shares during the last quarter. Pathway Financial Advisors LLC grew its position in Walt Disney by 2.7% during the fourth quarter. Pathway Financial Advisors LLC now owns 3,471 shares of the entertainment giant’s stock valued at $386,000 after buying an additional 92 shares during the period. Prossimo Advisors LLC increased its stake in shares of Walt Disney by 1.1% during the 4th quarter. Prossimo Advisors LLC now owns 8,732 shares of the entertainment giant’s stock worth $972,000 after purchasing an additional 92 shares during the last quarter. Saxon Interests Inc. raised its stake in shares of Walt Disney by 2.8% in the fourth quarter. Saxon Interests Inc. now owns 3,412 shares of the entertainment giant’s stock valued at $380,000 after buying an additional 93 shares during the period. Finally, Onefund LLC lifted its holdings in Walt Disney by 2.0% during the fourth quarter. Onefund LLC now owns 4,856 shares of the entertainment giant’s stock valued at $541,000 after purchasing an additional 93 shares during the last quarter. 65.71% of the stock is owned by institutional investors and hedge funds.

Walt Disney Price Performance

Shares of DIS stock opened at $100.65 on Thursday. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.68 and a quick ratio of 0.62. The company has a market capitalization of $181.95 billion, a P/E ratio of 32.79, a P/E/G ratio of 1.80 and a beta of 1.41. The Walt Disney Company has a one year low of $83.91 and a one year high of $123.74. The company’s 50-day simple moving average is $107.61 and its two-hundred day simple moving average is $105.04.

Walt Disney (NYSE:DIS) last announced its quarterly earnings data on Wednesday, February 5th. The entertainment giant reported $1.76 earnings per share for the quarter, beating 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%. As a group, equities analysts anticipate that The Walt Disney Company will post 5.47 EPS for the current year.

Analyst Upgrades and Downgrades

Several research analysts have commented on DIS shares. Redburn Atlantic upgraded Walt Disney from a “neutral” rating to a “buy” rating and raised their target price for the stock from $100.00 to $147.00 in a research note on Tuesday, January 7th. Rosenblatt Securities reaffirmed a “buy” rating and set a $135.00 price target on shares of Walt Disney in a research note on Monday, February 10th. Loop Capital increased their target price on shares of Walt Disney from $125.00 to $130.00 and gave the company a “buy” rating in a report on Tuesday, March 4th. Citigroup reaffirmed a “buy” rating and issued a $125.00 price target on shares of Walt Disney in a research note on Wednesday, January 22nd. Finally, Prescient Securities decreased their price objective on shares of Walt Disney from $130.00 to $115.00 and set a “neutral” rating on the stock in a research report on Tuesday, February 4th. Six analysts have rated the stock with a hold rating, eighteen have given a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average 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.