Rakuten Securities Inc. Has $200,000 Position in The Walt Disney Company (NYSE:DIS)

Rakuten Securities Inc. lowered its position in The Walt Disney Company (NYSE:DIS) by 20.9% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,078 shares of the entertainment giant’s stock after selling 549 shares during the quarter. Rakuten Securities Inc.’s holdings in Walt Disney were worth $200,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Sumitomo Mitsui Trust Group Inc. increased its position in Walt Disney by 0.9% during the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 4,464,176 shares of the entertainment giant’s stock valued at $429,409,000 after purchasing an additional 40,284 shares during the period. Patron Partners LLC acquired a new stake in shares of Walt Disney during the 3rd quarter worth approximately $215,000. Harbour Investments Inc. grew its position in shares of Walt Disney by 4.8% during the 3rd quarter. Harbour Investments Inc. now owns 21,978 shares of the entertainment giant’s stock worth $2,114,000 after buying an additional 1,012 shares during the period. Jeppson Wealth Management LLC grew its position in shares of Walt Disney by 0.7% during the 3rd quarter. Jeppson Wealth Management LLC now owns 48,677 shares of the entertainment giant’s stock worth $4,682,000 after buying an additional 358 shares during the period. Finally, Opinicus Capital Inc. lifted its holdings in shares of Walt Disney by 8.0% in the 3rd quarter. Opinicus Capital Inc. now owns 9,378 shares of the entertainment giant’s stock worth $902,000 after purchasing an additional 697 shares in the last quarter. Institutional investors and hedge funds own 65.71% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on DIS. Evercore ISI cut their target price on Walt Disney from $128.00 to $105.00 and set an “outperform” rating on the stock in a report on Thursday, August 8th. Seaport Res Ptn upgraded Walt Disney from a “hold” rating to a “strong-buy” rating in a report on Monday, September 30th. Bank of America cut their target price on Walt Disney from $145.00 to $120.00 and set a “buy” rating on the stock in a report on Thursday, August 8th. Loop Capital cut their target price on Walt Disney from $139.00 to $130.00 and set a “buy” rating on the stock in a report on Tuesday, July 30th. Finally, UBS Group dropped their price objective on Walt Disney from $130.00 to $120.00 and set a “buy” rating on the stock in a research note on Thursday, August 8th. Four investment analysts have rated the stock with a hold rating, seventeen have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $118.05.

Walt Disney Trading Up 1.9 %

Shares of DIS opened at $100.88 on Tuesday. The business has a 50-day moving average of $94.11 and a 200 day moving average of $96.73. The Walt Disney Company has a fifty-two week low of $83.91 and a fifty-two week high of $123.74. The firm has a market cap of $182.95 billion, a P/E ratio of 38.80, a price-to-earnings-growth ratio of 1.58 and a beta of 1.40. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.66 and a current ratio of 0.72.

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.