Economy

Discovery Communications, Inc. (DISCK) Short Interest Up 32.5% in September

Several research analysts recently commented on the stock. The rating was initiated by Wells Fargo with "Hold" on Thursday, July 20. They now have a Dollars 37.1 price target on the stock. Zacks downgraded the shares of CIB in report on Monday, August 24 to "Buy" rating. Discovery Communications Inc. (NASDAQ:DISCA) has declined 0.88% since September 29, 2016 and is downtrending. Credit Suisse Group reissued an underperform rating and set a $24.00 price objective on shares of Discovery Communications in a research note on Saturday, July 22nd.

Among 3 analysts covering LSC Communications (NYSE:LKSD), 0 have Buy rating, 0 Sell and 3 Hold. $41.58's average target is -9.19% below currents $45.79 stock price. Discovery Communications, Inc. has 367.38 million shares outstanding, and in the last trade has seen ATR around 0.48. About 604,158 shares traded or 44.69% up from the average. The company has a 50-day moving average of $22.52 and a 200-day moving average of $25.91. The stock's market capitalization is 11.55B, it has a 52-week low of 19.36 and a 52-week high of 29.18.

Discovery Communications (NASDAQ:DISCA) last announced its earnings results on Monday, July 31st.

Looking forward, the company's quarterly earnings are expected to come at $0.29 in the three months through October 2017 and $0.43 in the quarter ending January 2018, reflecting 7.41% and 4.88% growth, respectively. Discovery Communications had a return on equity of 22.74% and a net margin of 16.88%. The firm had revenue of $1.75 billion during the quarter, compared to analysts' expectations of $1.76 billion. During the same period in the previous year, the business earned $0.71 earnings per share.

Analysts await LSC Communications Inc (NYSE:LKSD) to report earnings on November, 9. (NASDAQ:DISCA). Schwab Charles Management Inc has 868,072 shares for 0.02% of their portfolio. If you are viewing this article on another website, it was stolen and republished in violation of US & global copyright & trademark legislation. The original version of this report can be accessed at https://baseballnewssource.com/markets/discovery-communications-inc-disca-upgraded-to-neutral-at-ubs-ag/1675617.html. The shares were purchased at an average price of $22.71 per share, for a total transaction of $227,100.00. Following the transaction, the chief financial officer now directly owns 35,000 shares in the company, valued at $759,500.

Northern Cross Llc decreased its stake in Bancolombia S.A. (CIB) by 0.74% based on its latest 2017Q2 regulatory filing with the SEC. Also, CFO Gunnar Wiedenfels acquired 20,000 shares of the firm's stock in a transaction dated Tuesday, August 1st. The stock was acquired at an average price of $23.05 per share, with a total value of $230,500.00. If the published price targets set by Discovery Communications, Inc. analysts have any power to influence the stock's share price, the highest price target set for DISCA is $36. The disclosure for this purchase can be found here. Quantbot Technologies LP now owns 6,622 shares of the company's stock valued at $187,000 after acquiring an additional 6,039 shares in the last quarter. The stock decreased 0.46% or $0.02 on September 29, reaching $4.29. The institutional investor held 13.74 million shares of the commercial banks company at the end of 2017Q2, valued at $612.18M, down from 13.84M at the end of the previous reported quarter. American International Group Inc. increased its holdings in shares of Discovery Communications by 0.3% in the first quarter. World Asset Management Inc now owns 17,842 shares of the company's stock worth $519,000 after purchasing an additional 2,880 shares during the last quarter. Horizon Investment Services LLC purchased a new stake in Discovery Communications during the 1st quarter valued at approximately $202,000. Swiss National Bank now owns 556,088 shares of the company's stock worth $14,364,000 after buying an additional 17,700 shares during the period. Oregon Public Employees Retirement Fund grew its stake in shares of Discovery Communications by 2.6% in the 1st quarter. Balyasny Asset Ltd Llc invested 0% in Discovery Communications Inc. Jennison Associates LLC now owns 25,051 shares of the company's stock worth $647,000 after buying an additional 1,775 shares during the period. Finally, Ontario Teachers Pension Plan Board purchased a new position in shares of Discovery Communications in the second quarter valued at approximately $196,000. Thompson Siegel & Walmsley LLC now owns 3,422,562 shares of the company's stock worth $86,283,000 after buying an additional 1,016,006 shares during the period. Moreover, North Star Investment Management Corp. has 0.27% invested in the company for 914,440 shares.

More notable recent 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. Its segments include U.S. Networks, which consists principally of domestic television networks and digital content services; International Networks, consisting primarily of international television networks and digital content services, and Education and Other, which consists principally of curriculum-based product and service offerings, and production studios.



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