Mizuho Securities USA LLC Buys 54,035 Shares of The Walt Disney Company (NYSE:DIS)

Mizuho Securities USA LLC increased its holdings in The Walt Disney Company (NYSE:DIS) by 45.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 171,636 shares of the entertainment giant’s stock after buying an additional 54,035 shares during the period. Mizuho Securities USA LLC’s holdings in Walt Disney were worth $19,112,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Brookstone Capital Management boosted its holdings in Walt Disney by 10.5% in the 4th quarter. Brookstone Capital Management now owns 140,883 shares of the entertainment giant’s stock worth $15,687,000 after buying an additional 13,339 shares during the period. Greystone Financial Group LLC boosted its holdings in Walt Disney by 13.3% in the 4th quarter. Greystone Financial Group LLC now owns 85,187 shares of the entertainment giant’s stock worth $9,486,000 after buying an additional 9,967 shares during the period. Avanza Fonder AB bought a new position in Walt Disney in the 4th quarter worth approximately $15,125,000. Swedbank AB boosted its holdings in Walt Disney by 14.4% in the 4th quarter. Swedbank AB now owns 3,361,792 shares of the entertainment giant’s stock worth $374,336,000 after buying an additional 422,339 shares during the period. Finally, FourThought Financial Partners LLC bought a new position in Walt Disney in the 4th quarter worth approximately $446,000. 65.71% of the stock is owned by institutional investors.

Analyst Ratings Changes

DIS has been the topic of several recent analyst reports. Redburn Atlantic upgraded shares of Walt Disney from a “neutral” rating to a “buy” rating and increased their target price for the stock from $100.00 to $147.00 in a research note on Tuesday, January 7th. Jefferies Financial Group initiated coverage on shares of Walt Disney in a research note on Wednesday, December 4th. They issued a “hold” rating and a $120.00 target price on the stock. Loop Capital increased their target price on shares of Walt Disney from $125.00 to $130.00 and gave the stock a “buy” rating in a research note on Tuesday, March 4th. Prescient Securities lowered their target price on shares of Walt Disney from $130.00 to $115.00 and set a “neutral” rating on the stock in a research note on Tuesday, February 4th. Finally, Morgan Stanley increased their target price on shares of Walt Disney from $125.00 to $130.00 and gave the stock an “overweight” rating in a research note on Thursday, February 6th. Six analysts have rated the stock with a hold rating, eighteen have issued a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $125.64.

Walt Disney Price Performance

Shares of NYSE:DIS opened at $99.51 on Friday. The stock has a market cap of $179.89 billion, a PE ratio of 32.41, a PEG ratio of 1.80 and a beta of 1.41. The company’s fifty day moving average is $108.04 and its 200 day moving average is $104.58. The Walt Disney Company has a 52 week low of $83.91 and a 52 week high of $123.74. The company has a quick ratio of 0.62, a current ratio of 0.68 and a debt-to-equity ratio of 0.36.

Walt Disney (NYSE:DIS) last announced its quarterly earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.44 by $0.32. Walt Disney had a net margin of 6.07% and a return on equity of 9.95%. Research analysts anticipate that The Walt Disney Company will post 5.47 earnings per share for the current year.

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.