The Walt Disney Company $DIS Shares Purchased by Northwest & Ethical Investments L.P.

Northwest & Ethical Investments L.P. raised its position in The Walt Disney Company (NYSE:DIS) by 7.0% during the second quarter, according to its most recent filing with the SEC. The institutional investor owned 63,220 shares of the entertainment giant’s stock after purchasing an additional 4,139 shares during the period. Northwest & Ethical Investments L.P.’s holdings in Walt Disney were worth $7,824,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the business. Kondo Wealth Advisors Inc. lifted its stake in shares of Walt Disney by 1.2% in the second quarter. Kondo Wealth Advisors Inc. now owns 7,317 shares of the entertainment giant’s stock worth $904,000 after buying an additional 84 shares in the last quarter. Cornerstone Advisory LLC raised its holdings in Walt Disney by 1.5% in the 2nd quarter. Cornerstone Advisory LLC now owns 5,890 shares of the entertainment giant’s stock valued at $730,000 after acquiring an additional 86 shares during the last quarter. Physician Wealth Advisors Inc. lifted its stake in Walt Disney by 3.5% in the 2nd quarter. Physician Wealth Advisors Inc. now owns 2,606 shares of the entertainment giant’s stock worth $323,000 after purchasing an additional 87 shares in the last quarter. Childress Capital Advisors LLC boosted its holdings in shares of Walt Disney by 3.3% during the 2nd quarter. Childress Capital Advisors LLC now owns 2,749 shares of the entertainment giant’s stock worth $341,000 after purchasing an additional 87 shares during the last quarter. Finally, Apollon Financial LLC grew its position in shares of Walt Disney by 1.5% in the second quarter. Apollon Financial LLC now owns 6,086 shares of the entertainment giant’s stock valued at $755,000 after purchasing an additional 87 shares in the last quarter. Hedge funds and other institutional investors own 65.71% of the company’s stock.

Walt Disney Stock Up 0.1%

Walt Disney stock opened at $103.44 on Thursday. The Walt Disney Company has a fifty-two week low of $80.10 and a fifty-two week high of $124.69. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.66 and a current ratio of 0.72. The firm has a 50 day moving average price of $110.79 and a 200 day moving average price of $114.99. The company has a market capitalization of $184.67 billion, a PE ratio of 16.21, a price-to-earnings-growth ratio of 1.45 and a beta of 1.55.

Walt Disney (NYSE:DIS) last released its quarterly earnings results on Thursday, November 13th. The entertainment giant reported $1.11 EPS for the quarter, topping analysts’ consensus estimates of $1.03 by $0.08. Walt Disney had a return on equity of 9.67% and a net margin of 12.22%.The company had revenue of $22.46 billion for the quarter, compared to analysts’ expectations of $22.78 billion. During the same period in the prior year, the firm earned $1.14 earnings per share. The firm’s revenue was down .5% compared to the same quarter last year. Research analysts expect that The Walt Disney Company will post 5.47 earnings per share for the current year.

Walt Disney Dividend Announcement

The company also recently announced a dividend, which will be paid on Wednesday, July 22nd. Investors of record on Tuesday, June 30th will be issued a dividend of $0.75 per share. This represents a yield of 139.0%. The ex-dividend date is Tuesday, June 30th. Walt Disney’s dividend payout ratio (DPR) is 21.87%.

Wall Street Analyst Weigh In

A number of brokerages recently commented on DIS. Susquehanna reiterated a “neutral” rating on shares of Walt Disney in a research report on Monday, August 11th. Wall Street Zen lowered Walt Disney from a “buy” rating to a “hold” rating in a report on Friday, October 3rd. Raymond James Financial reissued a “market perform” rating on shares of Walt Disney in a research report on Friday, November 14th. KeyCorp restated a “sector weight” rating on shares of Walt Disney in a research report on Friday, November 14th. Finally, Wells Fargo & Company reduced their target price on shares of Walt Disney from $159.00 to $152.00 and set an “overweight” rating on the stock in a research note on Friday, November 14th. Eighteen equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Walt Disney has a consensus rating of “Moderate Buy” and an average target price of $134.41.

Walt Disney 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.