Ironwood Investment Counsel LLC Sells 162 Shares of The Walt Disney Company (NYSE:DIS)

Ironwood Investment Counsel LLC reduced its holdings in shares of The Walt Disney Company (NYSE:DIS) by 0.3% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 52,559 shares of the entertainment giant’s stock after selling 162 shares during the period. Walt Disney comprises 1.0% of Ironwood Investment Counsel LLC’s portfolio, making the stock its 28th biggest position. Ironwood Investment Counsel LLC’s holdings in Walt Disney were worth $5,853,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. FPC Investment Advisory Inc. bought a new stake in shares of Walt Disney during the fourth quarter worth $28,000. Tacita Capital Inc increased its stake in Walt Disney by 93.2% in the 4th quarter. Tacita Capital Inc now owns 257 shares of the entertainment giant’s stock worth $29,000 after buying an additional 124 shares during the period. Midwest Capital Advisors LLC bought a new stake in Walt Disney during the 4th quarter valued at about $34,000. Bay Harbor Wealth Management LLC purchased a new stake in Walt Disney in the 4th quarter valued at about $35,000. Finally, Vision Financial Markets LLC bought a new position in Walt Disney in the 4th quarter worth about $39,000. Hedge funds and other institutional investors own 65.71% of the company’s stock.

Walt Disney Stock Down 2.0 %

NYSE:DIS opened at $96.76 on Friday. 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 Walt Disney Company has a twelve month low of $83.91 and a twelve month high of $123.74. The company has a market cap of $174.91 billion, a PE ratio of 31.52, a P/E/G ratio of 1.80 and a beta of 1.41. The company’s 50 day moving average is $109.35 and its two-hundred day moving average is $104.30.

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

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on DIS shares. Prescient Securities decreased their price target on shares of Walt Disney from $130.00 to $115.00 and set a “neutral” rating for the company in a research note on Tuesday, February 4th. Citigroup reaffirmed a “buy” rating and set a $125.00 target price on shares of Walt Disney in a research report on Wednesday, January 22nd. TD Cowen increased their price target on Walt Disney from $108.00 to $123.00 and gave the stock a “hold” rating in a research report on Friday, November 15th. Morgan Stanley lifted their price objective on Walt Disney from $125.00 to $130.00 and gave the company an “overweight” rating in a report on Thursday, February 6th. Finally, Evercore ISI increased their target price on shares of Walt Disney from $128.00 to $134.00 and gave the stock an “outperform” rating in a report on Monday, November 18th. Six equities research 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 company. Based on data from MarketBeat.com, Walt Disney presently has an average rating of “Moderate Buy” and an average price target of $125.64.

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.