Tokio Marine Asset Management Co. Ltd. Has $7.11 Million Position in Walt Disney Co (DIS)

Tokio Marine Asset Management Co. Ltd. reduced its stake in shares of Walt Disney Co (NYSE:DIS) by 6.1% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 72,138 shares of the entertainment giant’s stock after selling 4,721 shares during the period. Walt Disney accounts for approximately 1.1% of Tokio Marine Asset Management Co. Ltd.’s investment portfolio, making the stock its 25th biggest position. Tokio Marine Asset Management Co. Ltd.’s holdings in Walt Disney were worth $7,111,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Janus Henderson Group PLC raised its position in shares of Walt Disney by 929.6% in the 2nd quarter. Janus Henderson Group PLC now owns 5,410,942 shares of the entertainment giant’s stock worth $574,907,000 after acquiring an additional 4,885,398 shares in the last quarter. AJO LP raised its position in shares of Walt Disney by 12,331.6% in the 2nd quarter. AJO LP now owns 3,300,335 shares of the entertainment giant’s stock worth $350,661,000 after acquiring an additional 3,273,787 shares in the last quarter. Vanguard Group Inc. raised its position in shares of Walt Disney by 2.2% in the 2nd quarter. Vanguard Group Inc. now owns 98,803,049 shares of the entertainment giant’s stock worth $10,497,824,000 after acquiring an additional 2,131,932 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its position in shares of Walt Disney by 247.9% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 2,644,700 shares of the entertainment giant’s stock worth $280,999,000 after acquiring an additional 1,884,600 shares in the last quarter. Finally, Nordea Investment Management AB raised its position in shares of Walt Disney by 48.7% in the 2nd quarter. Nordea Investment Management AB now owns 5,313,513 shares of the entertainment giant’s stock worth $564,561,000 after acquiring an additional 1,740,128 shares in the last quarter. 61.51% of the stock is owned by institutional investors and hedge funds.

Several research firms have recently weighed in on DIS. Vetr lowered Walt Disney from a “buy” rating to a “hold” rating and set a $113.39 price objective for the company. in a research report on Wednesday. Royal Bank of Canada boosted their target price on Walt Disney to $135.00 and gave the company a “top pick” rating in a research report on Wednesday. Rosenblatt Securities raised Walt Disney from a “neutral” rating to a “buy” rating and boosted their target price for the company from $115.00 to $130.00 in a research report on Wednesday. Zacks Investment Research lowered Walt Disney from a “hold” rating to a “sell” rating in a research report on Tuesday, December 19th. Finally, Piper Jaffray Companies set a $125.00 target price on Walt Disney and gave the company a “buy” rating in a research report on Friday, December 15th. Three analysts have rated the stock with a sell rating, fourteen have assigned a hold rating, eighteen have given a buy rating and one has assigned a strong buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $114.91.

Walt Disney Co (NYSE:DIS) opened at $112.28 on Thursday. The stock has a market capitalization of $168,514.14, a PE ratio of 19.73, a price-to-earnings-growth ratio of 2.38 and a beta of 1.38. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.74 and a current ratio of 0.81. Walt Disney Co has a 12 month low of $96.20 and a 12 month high of $116.10.

Walt Disney (NYSE:DIS) last released its quarterly earnings results on Thursday, November 9th. The entertainment giant reported $1.07 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.12 by ($0.05). The company had revenue of $12.78 billion for the quarter, compared to analyst estimates of $13.30 billion. Walt Disney had a net margin of 16.29% and a return on equity of 19.66%. Walt Disney’s revenue for the quarter was down 2.8% on a year-over-year basis. During the same quarter last year, the firm posted $1.10 EPS. equities research analysts expect that Walt Disney Co will post 6.23 earnings per share for the current fiscal year.

The business also recently declared a Semi-Annual dividend, which will be paid on Thursday, January 11th. Shareholders of record on Monday, December 11th will be paid a dividend of $0.84 per share. The ex-dividend date of this dividend is Friday, December 8th. Walt Disney’s dividend payout ratio (DPR) is currently 29.53%.

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Walt Disney Company Profile

The Walt Disney Company is an entertainment company. The Company operates in four business segments: Media Networks, Parks and Resorts, Studio Entertainment, and Consumer Products & Interactive Media. The media networks segment includes cable and broadcast television networks, television production and distribution operations, domestic television stations, and radio networks and stations.

Institutional Ownership by Quarter for Walt Disney (NYSE:DIS)

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