Walt Disney Co (NYSE:DIS) Stock Position Reduced by Nomura Asset Management Co. Ltd.

Nomura Asset Management Co. Ltd. lessened its position in shares of Walt Disney Co (NYSE:DIS) by 1.5% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 367,766 shares of the entertainment giant’s stock after selling 5,702 shares during the period. Nomura Asset Management Co. Ltd.’s holdings in Walt Disney were worth $51,354,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in DIS. Centerpoint Advisors LLC raised its position in shares of Walt Disney by 276.5% during the 2nd quarter. Centerpoint Advisors LLC now owns 192 shares of the entertainment giant’s stock worth $27,000 after purchasing an additional 141 shares during the period. SRS Capital Advisors Inc. acquired a new stake in shares of Walt Disney during the 2nd quarter worth approximately $39,000. Portfolio Solutions LLC acquired a new stake in shares of Walt Disney during the 4th quarter worth approximately $43,000. Riverview Trust Co acquired a new stake in shares of Walt Disney during the 4th quarter worth approximately $48,000. Finally, MRA Associates USA LLC acquired a new stake in shares of Walt Disney during the 2nd quarter worth approximately $53,000. 68.75% of the stock is currently owned by institutional investors.

DIS traded up $0.29 during trading hours on Friday, hitting $137.79. The company’s stock had a trading volume of 355,059 shares, compared to its average volume of 6,890,449. Walt Disney Co has a fifty-two week low of $100.35 and a fifty-two week high of $147.15. The company has a current ratio of 0.70, a quick ratio of 0.67 and a debt-to-equity ratio of 0.38. The firm has a market capitalization of $244.61 billion, a PE ratio of 19.48, a PEG ratio of 4.49 and a beta of 0.97. The company has a 50-day simple moving average of $138.14 and a 200 day simple moving average of $131.63.



Walt Disney (NYSE:DIS) last posted its earnings results on Tuesday, August 6th. The entertainment giant reported $1.35 EPS for the quarter, missing the consensus estimate of $1.76 by ($0.41). Walt Disney had a net margin of 19.02% and a return on equity of 13.08%. The business had revenue of $20.25 billion during the quarter, compared to analyst estimates of $21.40 billion. During the same quarter in the prior year, the business earned $1.87 earnings per share. The firm’s revenue was up 32.9% compared to the same quarter last year. Research analysts expect that Walt Disney Co will post 6 earnings per share for the current fiscal year.

DIS has been the topic of a number of research reports. Bank of America set a $168.00 price target on Walt Disney and gave the stock a “buy” rating in a research report on Monday, June 24th. Zacks Investment Research upgraded Walt Disney from a “strong sell” rating to a “hold” rating and set a $120.00 price target on the stock in a research report on Tuesday, July 9th. Loop Capital increased their price target on Walt Disney to $165.00 and gave the stock a “buy” rating in a research report on Friday, June 14th. Imperial Capital dropped their price target on Walt Disney from $147.00 to $140.00 and set an “in-line” rating on the stock in a research report on Tuesday, August 20th. Finally, Moffett Nathanson set a $150.00 price target on Walt Disney and gave the stock a “buy” rating in a research report on Wednesday, August 7th. One analyst has rated the stock with a sell rating, five have issued a hold rating and nineteen have issued a buy rating to the company. The company presently has a consensus rating of “Buy” and an average target price of $148.22.

In other Walt Disney news, EVP Zenia B. Mucha sold 49,561 shares of the stock in a transaction on Wednesday, June 19th. The stock was sold at an average price of $140.00, for a total transaction of $6,938,540.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Brent Woodford sold 2,200 shares of the stock in a transaction on Monday, July 29th. The shares were sold at an average price of $146.68, for a total value of $322,696.00. Following the transaction, the executive vice president now directly owns 34,679 shares of the company’s stock, valued at $5,086,715.72. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 148,223 shares of company stock worth $20,885,881. 0.36% of the stock is owned by insiders.

Walt Disney Company Profile

The Walt Disney Company, together with its subsidiaries, operates as an entertainment company worldwide. The company's Media Networks segment operates cable programming businesses under the ESPN, Disney, and Freeform brands; broadcast businesses, including ABC TV Network and eight owned television stations; and radio businesses.

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

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