FUKOKU MUTUAL LIFE INSURANCE Co Has $715,000 Stock Position in The Walt Disney Company (NYSE:DIS)

FUKOKU MUTUAL LIFE INSURANCE Co trimmed its holdings in The Walt Disney Company (NYSE:DIS) by 20.4% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 7,436 shares of the entertainment giant’s stock after selling 1,910 shares during the quarter. FUKOKU MUTUAL LIFE INSURANCE Co’s holdings in Walt Disney were worth $715,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Vanguard Group Inc. raised its holdings in shares of Walt Disney by 1.5% in the first quarter. Vanguard Group Inc. now owns 153,769,084 shares of the entertainment giant’s stock valued at $18,815,185,000 after buying an additional 2,325,582 shares during the last quarter. Bank of New York Mellon Corp lifted its position in Walt Disney by 10.8% in the 2nd quarter. Bank of New York Mellon Corp now owns 14,883,983 shares of the entertainment giant’s stock valued at $1,477,831,000 after acquiring an additional 1,449,730 shares in the last quarter. Legal & General Group Plc raised its holdings in shares of Walt Disney by 3.1% in the second quarter. Legal & General Group Plc now owns 14,281,047 shares of the entertainment giant’s stock valued at $1,417,958,000 after purchasing an additional 425,438 shares during the last quarter. Price T Rowe Associates Inc. MD boosted its position in Walt Disney by 2.5% during the first quarter. Price T Rowe Associates Inc. MD now owns 12,040,297 shares of the entertainment giant’s stock valued at $1,473,252,000 after purchasing an additional 293,482 shares during the last quarter. Finally, Ameriprise Financial Inc. grew its position in shares of Walt Disney by 1.0% in the 2nd quarter. Ameriprise Financial Inc. now owns 9,953,903 shares of the entertainment giant’s stock valued at $988,290,000 after acquiring an additional 102,210 shares during the period. 65.71% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on DIS shares. JPMorgan Chase & Co. cut their price objective on shares of Walt Disney from $135.00 to $125.00 and set an “overweight” rating for the company in a research report on Thursday, August 8th. Evercore ISI raised their target price on Walt Disney from $105.00 to $128.00 and gave the stock an “outperform” rating in a research note on Tuesday. Wells Fargo & Company cut their price target on Walt Disney from $136.00 to $116.00 and set an “overweight” rating on the stock in a report on Thursday, August 8th. Macquarie reduced their price objective on shares of Walt Disney from $94.00 to $91.00 and set a “neutral” rating for the company in a report on Thursday, September 19th. Finally, Morgan Stanley dropped their price objective on Walt Disney from $130.00 to $110.00 and set an “overweight” rating on the stock in a research note on Monday, August 5th. Four investment analysts have rated the stock with a hold rating, seventeen have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $119.90.

Walt Disney Price Performance

Walt Disney stock opened at $109.13 on Friday. The business has a 50-day simple moving average of $94.62 and a 200 day simple moving average of $96.69. The stock has a market cap of $197.92 billion, a price-to-earnings ratio of 41.97, a PEG ratio of 1.67 and a beta of 1.40. The company has a quick ratio of 0.66, a current ratio of 0.72 and a debt-to-equity ratio of 0.38. The Walt Disney Company has a 52 week low of $83.91 and a 52 week high of $123.74.

About Walt Disney

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.