Latest
Recommended
Published: Sun, October 15, 2017
Economy | By Melissa Porter

Trending Stock Alert: Discovery Communications, Inc. (DISCA)


BlackRock Inc. now owns 9,346,002 shares of the company's stock valued at $271,875,000 after purchasing an additional 8,971,338 shares during the last quarter. JPMorgan Chase & Co.'s holdings in Discovery Communications were worth $2,596,000 at the end of the most recent quarter. The company holds 370.77 million outstanding shares and 353.90 million shares are floating in market. Discovery Communications has a 12-month low of $17.97 and a 12-month high of $29.18. Over a month, it has seen its stock price volatility to stay at 2.86% while shortening the period to a week, volatility was 2.28%. Swiss National Bank lifted its holdings in shares of Discovery Communications by 3.3% during the 2nd quarter.

According to the Recommendation Trends of the stock polled by Finviz, the company has a consensus recommendation of 2.9 out of the scale from 1 to 5 where 1 stands for Buy and 5 means Sell. Hotchkis & Wiley Capital Management LLC grew its holdings in Discovery Communications by 5.2% during the 2nd quarter. Following the completion of the purchase, the chief financial officer now directly owns 35,000 shares in the company, valued at $759,500.

The company is now down by 3.70% percent from yesterday's close. Clearbridge Investments LLC boosted its position in Discovery Communications by 2.3% during the 1st quarter. Squarepoint Ops LLC owns 152,922 shares with a value of $3,855,000. The shares were bought at an average cost of $21.70 per share, with a total value of $325,500.00.

In other news, CFO Gunnar Wiedenfels purchased 20,000 shares of the business's stock in a transaction that occurred on Tuesday, August 1st.

Bridgewater Associates Lp decreased Signature Bk New York N Y (NASDAQ:SBNY) stake by 10,078 shares to 6,921 valued at $993,000 in 2017Q2. Institutional investors and hedge funds own 45.84% of the company's stock. The disclosure for this purchase can be found here. Whereas, firm has insider ownership was declared as 7.25%.

Shares of Discovery Communications, Inc. (NASDAQ:DISCA) advice adding it to buy candidate list. Discovery Communications, Inc. has a one year low of $19.27 and a one year high of $30.25.

The company's P/E ratio is 11.54 and the market cap of the company is 12.40B. The firm's 50-day moving average price is $20.21 and its 200-day moving average price is $24.17.

Discovery Communications (NASDAQ:DISCK) last released its quarterly earnings data on Monday, July 31st. The First Western Capital Management Company holds 74,251 shares with $1.92M value, down from 105,744 last quarter. The firm had revenue of $1.75 billion for the quarter, compared to analyst estimates of $1.76 billion.

Discovery Communications, Inc. (Discovery), launched on April 28, 2008, is a global media company. They expect $0.55 EPS, up 37.50% or $0.15 from last year's $0.4 per share.

Discovery Communications, Inc.is maintained at an average hold rating by 25 stock analysts, and there are at least 10.56% of shares outstanding that are now legally short sold.

TRADEMARK VIOLATION NOTICE: This piece of content was published by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are accessing this article on another publication, it was copied illegally and republished in violation of U.S. and worldwide copyright and trademark legislation.

DISCA has been the topic of a number of other reports.

Analysts on average have given a price target of $25.55 to Discovery Communications, Inc. Ubs Group Ag cut its stake by selling 180 shares a decrease of 66.7%.

01/13/2017 - Cogent Communications Group, Inc. had its "buy" rating reiterated by analysts at BTIG Research. Finally, ValuEngine upgraded Discovery Communications from a "hold" rating to a "buy" rating in a report on Wednesday. They now have a United States dollars 27 price target on the stock.

The Return on Equity ratio of Discovery Communications, Inc. The Company provides content across multiple distribution platforms, including pay-television (pay-TV), free-to-air (FTA) and broadcast television, Websites, digital distribution arrangements and content licensing agreements.

Like this: