Janus Henderson Group PLC Has $447.87 Million Stock Holdings in The Walt Disney Company (NYSE:DIS)

Janus Henderson Group PLC lessened its holdings in The Walt Disney Company (NYSE:DIS) by 2.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,022,017 shares of the entertainment giant’s stock after selling 120,974 shares during the quarter. Janus Henderson Group PLC’s holdings in Walt Disney were worth $447,867,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in the business. Pathway Financial Advisors LLC increased its stake in Walt Disney by 2.7% during the fourth quarter. Pathway Financial Advisors LLC now owns 3,471 shares of the entertainment giant’s stock worth $386,000 after acquiring an additional 92 shares during the last quarter. Prossimo Advisors LLC boosted its holdings in shares of Walt Disney by 1.1% in the 4th quarter. Prossimo Advisors LLC now owns 8,732 shares of the entertainment giant’s stock worth $972,000 after purchasing an additional 92 shares during the period. Saxon Interests Inc. increased its position in shares of Walt Disney by 2.8% during the 4th quarter. Saxon Interests Inc. now owns 3,412 shares of the entertainment giant’s stock valued at $380,000 after purchasing an additional 93 shares during the last quarter. Onefund LLC raised its holdings in Walt Disney by 2.0% during the 4th quarter. Onefund LLC now owns 4,856 shares of the entertainment giant’s stock valued at $541,000 after buying an additional 93 shares during the period. Finally, Abundance Wealth Counselors lifted its position in Walt Disney by 1.0% in the fourth quarter. Abundance Wealth Counselors now owns 9,662 shares of the entertainment giant’s stock worth $1,076,000 after buying an additional 94 shares during the last quarter. 65.71% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on DIS. Barclays increased their target price on shares of Walt Disney from $115.00 to $120.00 and gave the company an “overweight” rating in a research note on Thursday. Loop Capital increased their price objective on shares of Walt Disney from $120.00 to $125.00 and gave the stock a “buy” rating in a research report on Thursday. Morgan Stanley boosted their target price on Walt Disney from $110.00 to $120.00 and gave the company an “overweight” rating in a research report on Thursday. Rosenblatt Securities reiterated a “buy” rating and issued a $135.00 price target on shares of Walt Disney in a report on Monday, February 10th. Finally, Guggenheim decreased their price target on Walt Disney from $130.00 to $120.00 and set a “buy” rating for the company in a research note on Thursday. Six investment analysts have rated the stock with a hold rating, seventeen have given a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, Walt Disney currently has a consensus rating of “Moderate Buy” and a consensus target price of $123.54.

Walt Disney Stock Performance

Shares of DIS opened at $105.93 on Friday. The Walt Disney Company has a 12 month low of $80.10 and a 12 month high of $118.63. The stock has a fifty day moving average price of $93.86 and a 200-day moving average price of $104.16. The company has a current ratio of 0.68, a quick ratio of 0.62 and a debt-to-equity ratio of 0.36. The firm has a market cap of $191.50 billion, a PE ratio of 34.50, a P/E/G ratio of 1.80 and a beta of 1.49.

Walt Disney (NYSE:DIS) last issued its quarterly earnings results on Wednesday, May 7th. The entertainment giant reported $1.45 earnings per share for the quarter, topping the consensus estimate of $1.21 by $0.24. Walt Disney had a return on equity of 9.95% and a net margin of 6.07%. The business had revenue of $23.62 billion during the quarter, compared to the consensus estimate of $23.15 billion. During the same quarter last year, the company earned $1.21 earnings per share. The company’s quarterly revenue was up 7.0% on a year-over-year basis. Equities research analysts predict that The Walt Disney Company will post 5.47 earnings per share for the current fiscal year.

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.