Economy

Aberdeen Asset Management PLC UK Trims Stake in Discovery Communications, Inc. (DISCK)

Aberdeen Asset Management PLC UK Trims Stake in Discovery Communications, Inc. (DISCK)”

(NASDAQ:DISCK) by 2.0% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. Ltd. now owns 36,348 shares of the company's stock worth $1,029,000 after buying an additional 979 shares during the last quarter.

Many analysts have provided their estimated foresights on Discovery Communications, Inc. Mn Services Vermogensbeheer B.V. boosted its holdings in Discovery Communications by 5.8% during the first quarter. Finally, Advantus Capital Management Inc grew its holdings in Discovery Communications by 0.9% during the 1st quarter. The Yakira Capital Management Inc holds 78,111 shares with $2.14M value, down from 92,860 last quarter. Acadian Asset Management LLC bought a new position in Discovery Communications during the first quarter worth about $134,000. Yakira Capital Management Inc sold 14,749 shares as Discovery Communicatns New (DISCA)'s stock declined 9.80%. Clifford Swan Investment Counsel LLC increased its position in Discovery Communications by 13.5% in the third quarter. The institutional investor bought 568,025 shares of the company's stock, valued at approximately $14,672,000.

TRADEMARK VIOLATION WARNING: This article was posted by StockNewsTimes and is the sole property of of StockNewsTimes. If you are viewing this article on another domain, it was illegally stolen and reposted in violation of worldwide copyright laws. Discovery Communications Inc. (NASDAQ:DISCK) has risen 0.32% since September 12, 2016 and is uptrending.

Several research firms have recently weighed in on DISCA. Finally, Royal Bank Of Canada decreased their price objective on shares of Discovery Communications from $32.00 to $29.00 and set an "outperform" rating on the stock in a report on Thursday, August 17th. Jefferies has "Hold" rating and $2800 target.

Separately, Zacks Investment Research upgraded shares of Discovery Communications from a "sell" rating to a "hold" rating in a research note on Thursday, November 24th. BidaskClub lowered shares of Discovery Communications from a "sell" rating to a "strong sell" rating in a report on Friday, August 18th. Six investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and three have issued a buy rating to the company. Sanford C. Bernstein reissued an "underperform" rating on shares of Discovery Communications in a report on Tuesday. If the average volume is low then the liquidity is low which means it is hard to buy or sell the stock as there are fewer buyers or sellers of the stock. The stock now has an average rating of "Hold" and an average price target of $27.27. Williams Jones & Associates Llc acquired 15,552 shares as Viacom Inc New Cl B (VIAB)'s stock declined 19.98%. The shares were bought at an average cost of $22.71 per share, with a total value of $227,100.00. The fund owned 441,094 shares of the company's stock after selling 8,326 shares during the period. The disclosure for this sale can be found here. The institutional investor held 2.56M shares of the real estate investment trusts company at the end of 2016Q4, valued at $33.14M, down from 2.87 million at the end of the previous reported quarter.

Shares of Discovery Communications, Inc.

Shares of Discovery Communications (NASDAQ DISCK) traded up 0.96% during midday trading on Wednesday, reaching $19.96.

The company had seen its current volume reaching at 3.69 million shares in the last trade.

Charter Communications, Inc. has a 50 day moving average of 387.32 and a 200 day moving average of 346.10. Wall Street experts also assign a $26.32 price target on Discovery Communications, Inc., pointing towards a 25.33% rally from current levels. RBC Capital Markets maintained Discovery Communications Inc.

Discovery Communications (NASDAQ:DISCK) last announced its quarterly earnings data on Monday, July 31st. EPS breaks down the profitability of the company on a single share basis. Discovery Communications had a return on equity of 22.74% and a net margin of 16.88%. Market Cap is also the figure use to determine company's size, as opposed to using sales or total asset figures.

Currently, EPS of Halcon Resources Corporation (HK) is 0 while the analysts predicted the EPS of the stock to be 0.03 suggesting the company fell short of the analysts' expectations. The firm earned "Buy" rating on Tuesday, August 1 by Citigroup. Discovery Communications had 70 analyst reports since August 3, 2015 according to SRatingsIntel.



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