OMERS ADMINISTRATION Corp Has $9.57 Million Stake in The Walt Disney Company $DIS

OMERS ADMINISTRATION Corp grew its position in The Walt Disney Company (NYSE:DIS) by 2.1% during the second quarter, HoldingsChannel reports. The firm owned 77,179 shares of the entertainment giant’s stock after buying an additional 1,600 shares during the quarter. OMERS ADMINISTRATION Corp’s holdings in Walt Disney were worth $9,571,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in DIS. Kingstone Capital Partners Texas LLC acquired a new position in shares of Walt Disney during the 2nd quarter worth about $4,220,599,000. Norges Bank bought a new position in Walt Disney in the 2nd quarter worth approximately $2,618,295,000. Nuveen LLC bought a new position in Walt Disney in the 1st quarter worth approximately $1,353,607,000. Boston Partners lifted its holdings in shares of Walt Disney by 84.2% during the second quarter. Boston Partners now owns 6,921,229 shares of the entertainment giant’s stock worth $856,582,000 after buying an additional 3,162,938 shares during the last quarter. Finally, Laurel Wealth Advisors LLC boosted its position in shares of Walt Disney by 11,943.6% in the second quarter. Laurel Wealth Advisors LLC now owns 2,827,112 shares of the entertainment giant’s stock valued at $350,590,000 after acquiring an additional 2,803,638 shares during the period. 65.71% of the stock is owned by institutional investors and hedge funds.

Walt Disney Price Performance

Walt Disney stock opened at $104.35 on Monday. The business has a 50 day simple moving average of $110.37 and a 200 day simple moving average of $114.91. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.72 and a quick ratio of 0.66. The company has a market capitalization of $186.29 billion, a PE ratio of 16.36, a price-to-earnings-growth ratio of 1.45 and a beta of 1.55. The Walt Disney Company has a one year low of $80.10 and a one year high of $124.69.

Walt Disney (NYSE:DIS) last issued its quarterly earnings data on Thursday, November 13th. The entertainment giant reported $1.11 earnings per share (EPS) for the quarter, beating 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 during the quarter, compared to analysts’ expectations of $22.78 billion. During the same period last year, the business earned $1.14 earnings per share. The business’s revenue was down .5% on a year-over-year basis. On average, sell-side analysts forecast that The Walt Disney Company will post 5.47 EPS for the current fiscal year.

Walt Disney Announces Dividend

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

Analyst Upgrades and Downgrades

Several research firms recently commented on DIS. Needham & Company LLC reiterated a “buy” rating and set a $125.00 target price on shares of Walt Disney in a research note on Thursday, November 13th. Guggenheim restated a “buy” rating and set a $140.00 price objective on shares of Walt Disney in a report on Friday, November 14th. Morgan Stanley upped their price objective on shares of Walt Disney from $120.00 to $140.00 and gave the company an “overweight” rating in a research report on Monday, August 4th. Weiss Ratings reissued a “hold (c+)” rating on shares of Walt Disney in a research report on Tuesday, November 25th. Finally, Chardan Capital reaffirmed a “buy” rating on shares of Walt Disney in a report on Monday, August 11th. Eighteen research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus 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.