The Walt Disney Company (NYSE:DIS) Shares Acquired by Mizuho Securities Co. Ltd.

Mizuho Securities Co. Ltd. lifted its position in shares of The Walt Disney Company (NYSE:DIS) by 88.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,170 shares of the entertainment giant’s stock after purchasing an additional 2,890 shares during the period. Walt Disney comprises 2.0% of Mizuho Securities Co. Ltd.’s portfolio, making the stock its 14th largest position. Mizuho Securities Co. Ltd.’s holdings in Walt Disney were worth $557,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Bridge Creek Capital Management LLC increased its stake in shares of Walt Disney by 1.2% in the third quarter. Bridge Creek Capital Management LLC now owns 43,247 shares of the entertainment giant’s stock worth $3,505,000 after buying an additional 495 shares during the last quarter. Buttonwood Financial Advisors Inc. increased its stake in shares of Walt Disney by 7.9% in the third quarter. Buttonwood Financial Advisors Inc. now owns 23,975 shares of the entertainment giant’s stock worth $1,943,000 after buying an additional 1,762 shares during the last quarter. Edmonds Duncan Registered Investment Advisors LLC increased its stake in shares of Walt Disney by 900.0% in the third quarter. Edmonds Duncan Registered Investment Advisors LLC now owns 51,078 shares of the entertainment giant’s stock worth $4,140,000 after buying an additional 45,970 shares during the last quarter. GAM Holding AG increased its stake in shares of Walt Disney by 133.2% in the third quarter. GAM Holding AG now owns 131,382 shares of the entertainment giant’s stock worth $10,649,000 after buying an additional 75,052 shares during the last quarter. Finally, Relyea Zuckerberg Hanson LLC increased its stake in shares of Walt Disney by 40.5% in the third quarter. Relyea Zuckerberg Hanson LLC now owns 5,404 shares of the entertainment giant’s stock worth $438,000 after buying an additional 1,558 shares during the last quarter. 65.71% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Walt Disney

In other Walt Disney news, EVP Sonia L. Coleman sold 1,857 shares of the company’s stock in a transaction dated Monday, April 1st. The shares were sold at an average price of $121.92, for a total value of $226,405.44. Following the completion of the sale, the executive vice president now directly owns 4,400 shares of the company’s stock, valued at approximately $536,448. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.10% of the stock is owned by corporate insiders.

Walt Disney Price Performance

DIS stock traded up $1.73 during trading on Tuesday, hitting $113.72. The company had a trading volume of 6,830,656 shares, compared to its average volume of 11,972,034. The firm has a market capitalization of $208.59 billion, a price-to-earnings ratio of 70.19, a P/E/G ratio of 1.38 and a beta of 1.42. The business has a 50 day moving average of $114.10 and a 200 day moving average of $99.27. The Walt Disney Company has a fifty-two week low of $78.73 and a fifty-two week high of $123.74. The company has a current ratio of 0.84, a quick ratio of 0.77 and a debt-to-equity ratio of 0.39.

Walt Disney (NYSE:DIS) last posted its quarterly earnings data on Tuesday, February 6th. The entertainment giant reported $1.22 earnings per share for the quarter, topping the consensus estimate of $0.97 by $0.25. The business had revenue of $23.50 billion during the quarter, compared to the consensus estimate of $23.71 billion. Walt Disney had a net margin of 3.36% and a return on equity of 7.88%. The company’s quarterly revenue was down .1% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.99 earnings per share. As a group, research analysts predict that The Walt Disney Company will post 4.66 earnings per share for the current year.

Walt Disney Cuts Dividend

The firm also recently declared a semi-annual dividend, which will be paid on Thursday, July 25th. Shareholders of record on Monday, July 8th will be issued a $0.45 dividend. This represents a yield of 0.5%. The ex-dividend date is Monday, July 8th. Walt Disney’s payout ratio is 18.52%.

Analyst Ratings Changes

DIS has been the subject of several recent research reports. Argus boosted their target price on shares of Walt Disney from $125.00 to $140.00 and gave the company a “buy” rating in a research note on Wednesday, April 10th. Evercore ISI boosted their target price on shares of Walt Disney from $115.00 to $130.00 and gave the company an “outperform” rating in a research note on Monday, April 8th. JPMorgan Chase & Co. initiated coverage on shares of Walt Disney in a research note on Thursday, April 11th. They set an “overweight” rating and a $140.00 target price for the company. The Goldman Sachs Group lowered their target price on shares of Walt Disney from $125.00 to $120.00 and set a “buy” rating for the company in a research note on Thursday, February 8th. Finally, Macquarie boosted their target price on shares of Walt Disney from $94.00 to $104.00 and gave the company a “neutral” rating in a research note on Thursday, February 8th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and twenty-two have given a buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $125.08.

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.