Mitsubishi UFJ Trust & Banking Corp Sells 24,938 Shares of The Walt Disney Company $DIS

Mitsubishi UFJ Trust & Banking Corp lowered its position in The Walt Disney Company (NYSE:DIS) by 2.4% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,033,060 shares of the entertainment giant’s stock after selling 24,938 shares during the period. Mitsubishi UFJ Trust & Banking Corp owned 0.06% of Walt Disney worth $128,110,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Ironwood Investment Counsel LLC lifted its stake in Walt Disney by 5.3% in the second quarter. Ironwood Investment Counsel LLC now owns 56,422 shares of the entertainment giant’s stock valued at $6,997,000 after acquiring an additional 2,834 shares during the last quarter. National Pension Service raised its holdings in shares of Walt Disney by 11.9% during the 2nd quarter. National Pension Service now owns 4,362,135 shares of the entertainment giant’s stock valued at $540,948,000 after purchasing an additional 463,128 shares in the last quarter. Advyzon Investment Management LLC lifted its stake in shares of Walt Disney by 12.5% in the 2nd quarter. Advyzon Investment Management LLC now owns 3,129 shares of the entertainment giant’s stock valued at $388,000 after purchasing an additional 348 shares during the last quarter. Tiemann Investment Advisors LLC lifted its stake in shares of Walt Disney by 2.1% in the 2nd quarter. Tiemann Investment Advisors LLC now owns 4,565 shares of the entertainment giant’s stock valued at $566,000 after purchasing an additional 95 shares during the last quarter. Finally, VeraBank N.A. bought a new stake in Walt Disney in the second quarter worth $260,000. Institutional investors own 65.71% of the company’s stock.

Walt Disney Stock Performance

NYSE:DIS opened at $114.93 on Wednesday. The firm’s 50-day moving average is $113.26 and its 200-day moving average is $114.33. The company has a market cap of $206.64 billion, a price-to-earnings ratio of 18.01, a PEG ratio of 1.45 and a beta of 1.55. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.66 and a current ratio of 0.72. The Walt Disney Company has a 52-week low of $80.10 and a 52-week high of $124.69.

Wall Street Analyst Weigh In

A number of analysts have weighed in on DIS shares. Keefe, Bruyette & Woods reaffirmed a “market perform” rating on shares of Walt Disney in a research report on Monday, August 11th. Evercore ISI boosted their target price on Walt Disney from $134.00 to $140.00 and gave the stock an “outperform” rating in a report on Monday, August 4th. JPMorgan Chase & Co. upped their target price on Walt Disney from $130.00 to $138.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 29th. Jefferies Financial Group lowered shares of Walt Disney from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 11th. Finally, Chardan Capital reaffirmed a “buy” rating on shares of Walt Disney in a report on Monday, August 11th. Nineteen research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $132.90.

Walt Disney Company Profile

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.