First Long Island Investors LLC Has $11.22 Million Stock Holdings in The Walt Disney Company (NYSE:DIS)

First Long Island Investors LLC increased its stake in shares of The Walt Disney Company (NYSE:DIS) by 64.1% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 116,684 shares of the entertainment giant’s stock after buying an additional 45,579 shares during the period. First Long Island Investors LLC’s holdings in Walt Disney were worth $11,224,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. ESL Trust Services LLC acquired a new position in Walt Disney in the 1st quarter valued at $31,000. William B. Walkup & Associates Inc. acquired a new position in shares of Walt Disney during the 2nd quarter worth approximately $32,000. Mascoma Wealth Management LLC raised its position in shares of Walt Disney by 38.0% in the second quarter. Mascoma Wealth Management LLC now owns 443 shares of the entertainment giant’s stock valued at $44,000 after buying an additional 122 shares in the last quarter. First PREMIER Bank raised its position in shares of Walt Disney by 98.1% in the third quarter. First PREMIER Bank now owns 517 shares of the entertainment giant’s stock valued at $50,000 after buying an additional 256 shares in the last quarter. Finally, Iron Horse Wealth Management LLC boosted its stake in shares of Walt Disney by 148.7% in the second quarter. Iron Horse Wealth Management LLC now owns 557 shares of the entertainment giant’s stock valued at $55,000 after buying an additional 333 shares during the period. 65.71% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

DIS has been the subject of several analyst reports. Wells Fargo & Company lifted their price objective on Walt Disney from $116.00 to $138.00 and gave the company an “overweight” rating in a report on Friday. Morgan Stanley dropped their price target on Walt Disney from $130.00 to $110.00 and set an “overweight” rating for the company in a research note on Monday, August 5th. Evercore ISI increased their price objective on shares of Walt Disney from $105.00 to $128.00 and gave the stock an “outperform” rating in a research note on Tuesday. JPMorgan Chase & Co. dropped their target price on shares of Walt Disney from $135.00 to $125.00 and set an “overweight” rating for the company in a research report on Thursday, August 8th. Finally, Macquarie increased their price target on shares of Walt Disney from $91.00 to $110.00 and gave the stock a “neutral” rating in a research report on Friday. Four research analysts have rated the stock with a hold rating, eighteen have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $122.68.

Walt Disney Trading Up 3.4 %

NYSE DIS traded up $3.74 on Friday, hitting $112.86. The company’s stock had a trading volume of 9,662,606 shares, compared to its average volume of 10,904,538. The company’s 50-day moving average is $95.03 and its 200 day moving average is $96.77. The firm has a market cap of $204.68 billion, a PE ratio of 43.12, a PEG ratio of 1.67 and a beta of 1.40. The Walt Disney Company has a 1-year low of $83.91 and a 1-year high of $123.74. The company has a quick ratio of 0.66, a current ratio of 0.72 and a debt-to-equity ratio of 0.38.

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.