Nomura Asset Management Co. Ltd. increased its stake in Walt Disney Co (NYSE:DIS) by 11.2% during the third quarter, HoldingsChannel.com reports. The fund owned 252,879 shares of the entertainment giant’s stock after buying an additional 25,544 shares during the period. Nomura Asset Management Co. Ltd.’s holdings in Walt Disney were worth $24,926,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the stock. Vanguard Group Inc. increased its holdings in Walt Disney by 2.2% in the second quarter. Vanguard Group Inc. now owns 98,803,049 shares of the entertainment giant’s stock worth $10,497,824,000 after purchasing an additional 2,131,932 shares in the last quarter. Northern Trust Corp increased its holdings in Walt Disney by 2.5% in the second quarter. Northern Trust Corp now owns 20,462,287 shares of the entertainment giant’s stock worth $2,174,118,000 after purchasing an additional 500,349 shares in the last quarter. Legal & General Group Plc increased its holdings in Walt Disney by 3.8% in the third quarter. Legal & General Group Plc now owns 8,186,026 shares of the entertainment giant’s stock worth $806,872,000 after purchasing an additional 300,973 shares in the last quarter. Parnassus Investments CA increased its holdings in Walt Disney by 19.3% in the third quarter. Parnassus Investments CA now owns 6,941,130 shares of the entertainment giant’s stock worth $684,187,000 after purchasing an additional 1,123,949 shares in the last quarter. Finally, Swiss National Bank increased its holdings in Walt Disney by 7.8% in the second quarter. Swiss National Bank now owns 5,777,328 shares of the entertainment giant’s stock worth $613,841,000 after purchasing an additional 420,200 shares in the last quarter. 61.58% of the stock is currently owned by institutional investors.

Walt Disney Co (DIS) opened at $103.09 on Friday. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.87 and a quick ratio of 0.74. Walt Disney Co has a 1 year low of $96.20 and a 1 year high of $116.10. The firm has a market capitalization of $155,013.95, a price-to-earnings ratio of 14.62, a price-to-earnings-growth ratio of 1.80 and a beta of 1.30.

Walt Disney (NYSE:DIS) last posted its quarterly earnings data on Tuesday, February 6th. The entertainment giant reported $1.89 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.61 by $0.28. Walt Disney had a return on equity of 20.44% and a net margin of 19.61%. The business had revenue of $15.35 billion for the quarter, compared to analysts’ expectations of $15.47 billion. During the same quarter in the previous year, the firm earned $1.55 earnings per share. The business’s revenue was up 3.8% on a year-over-year basis. equities analysts expect that Walt Disney Co will post 6.8 EPS for the current year.

A number of equities research analysts have weighed in on the company. Vetr downgraded Walt Disney from a “buy” rating to a “hold” rating and set a $113.39 target price for the company. in a report on Wednesday, January 3rd. Royal Bank of Canada boosted their price objective on Walt Disney to $135.00 and gave the company a “top pick” rating in a report on Wednesday, January 3rd. Rosenblatt Securities upgraded Walt Disney from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $115.00 to $130.00 in a report on Wednesday, January 3rd. B. Riley restated a “hold” rating and set a $122.00 price objective on shares of Walt Disney in a report on Monday, January 29th. Finally, Zacks Investment Research downgraded Walt Disney from a “hold” rating to a “sell” rating in a report on Tuesday, December 19th. Three equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating, seventeen have assigned a buy rating and two have issued a strong buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus price target of $118.63.

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Walt Disney 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.

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

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