TD Waterhouse Canada Inc. Has $38.93 Million Stock Position in The Walt Disney Company $DIS

TD Waterhouse Canada Inc. reduced its position in shares of The Walt Disney Company (NYSE:DIS) by 6.4% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 315,468 shares of the entertainment giant’s stock after selling 21,543 shares during the period. TD Waterhouse Canada Inc.’s holdings in Walt Disney were worth $38,933,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. MJT & Associates Financial Advisory Group Inc. acquired a new stake in shares of Walt Disney during the first quarter worth approximately $26,000. DiNuzzo Private Wealth Inc. grew its position in Walt Disney by 82.5% during the 2nd quarter. DiNuzzo Private Wealth Inc. now owns 208 shares of the entertainment giant’s stock worth $26,000 after acquiring an additional 94 shares during the last quarter. Harbor Asset Planning Inc. bought a new stake in Walt Disney during the 2nd quarter worth approximately $37,000. RMG Wealth Management LLC acquired a new stake in Walt Disney during the 2nd quarter valued at $49,000. Finally, Wealth Preservation Advisors LLC bought a new position in Walt Disney in the 1st quarter valued at $53,000. 65.71% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several analysts have recently commented on DIS shares. Wall Street Zen cut Walt Disney from a “buy” rating to a “hold” rating in a report on Friday, October 3rd. Jefferies Financial Group decreased their price objective on shares of Walt Disney from $144.00 to $136.00 and set a “buy” rating on the stock in a report on Friday, November 14th. Chardan Capital restated a “buy” rating on shares of Walt Disney in a research report on Monday, August 11th. Guggenheim reiterated a “buy” rating and set a $140.00 target price on shares of Walt Disney in a research report on Friday, November 14th. Finally, Cowen reissued a “hold” rating on shares of Walt Disney in a report on Friday. Eighteen equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Walt Disney presently has an average rating of “Moderate Buy” and a consensus target price of $134.41.

Walt Disney Stock Up 0.6%

Shares of NYSE DIS opened at $106.34 on Wednesday. The Walt Disney Company has a 1 year low of $80.10 and a 1 year high of $124.69. The firm’s 50-day moving average is $112.31 and its 200-day moving average is $114.94. The company has a current ratio of 0.72, a quick ratio of 0.66 and a debt-to-equity ratio of 0.32. The firm has a market capitalization of $189.85 billion, a PE ratio of 16.67, a price-to-earnings-growth ratio of 1.45 and a beta of 1.55.

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

Walt Disney Announces Dividend

The business also recently declared a dividend, which will be paid on Wednesday, July 22nd. Stockholders of record on Tuesday, June 30th will be given a $0.75 dividend. This represents a dividend yield of 139.0%. The ex-dividend date is Tuesday, June 30th. Walt Disney’s dividend payout ratio (DPR) is currently 21.87%.

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.