Economy

Bought 18083 Shares Of Discovery Communications, Inc. (DISCK)

The company has its outstanding shares of 370.77M. (NASDAQ:DISCA) by 50.3% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission.

Looking at a public company's insider trading can give great insight into how the stock is performing. This translates into $202.53 million profit for DISCA giving the stock a 9.33 P/E. Clearbridge Investments LLC grew its position in shares of Discovery Communications by 2.3% during the 1st quarter. HighTower Advisors LLC now owns 192,293 shares of the company's stock worth $4,849,000 after purchasing an additional 1,111 shares during the period. APG Asset Management N.V. increased its stake in shares of Discovery Communications by 10.2% in the first quarter. Vanguard Group Inc. now owns 15,803,301 shares of the company's stock valued at $459,718,000 after acquiring an additional 803,848 shares during the period.

Independence Trust Co increased Apple Inc (AAPL) stake by 10.21% reported in 2017Q2 SEC filing. BlackRock Inc. now owns 9,533,783 shares of the company's stock worth $246,259,000 after buying an additional 187,781 shares during the period. Moreover, Bruni J V & Co Co has 3.09% invested in the company for 642,839 shares. Institutional investors and hedge funds own 45.84% of the company's stock. "(DISCA)" was published by Week Herald and is the property of of Week Herald. If you are viewing this report on another site, it was copied illegally and republished in violation of US & global copyright & trademark laws.

Shares of Discovery Communications (NASDAQ:DISCA) opened at 20.53 on Wednesday.

A number of analysts have weighed in on the company. Pivotal Research raised shares of Discovery Communications from a "hold" rating to a "buy" rating and set a $28.00 target price on the stock in a research note on Tuesday, August 8th. Cowen and Company reaffirmed a "hold" rating and set a $29.00 price objective on shares of Discovery Communications in a research report on Tuesday, July 11th. TH Capital maintained the shares of HK in report on Monday, August 31 with "Buy" rating. Finally, Royal Bank Of Canada reduced their price objective on shares of Discovery Communications from $32.00 to $29.00 and set an "outperform" rating for the company in a research report on Thursday, August 17th. Of those analysts, no rate stock as a Strong Buy, 2 rate it as Hold, and just no analyst rates it as a Moderate Sell. They now have a United States dollars 30 price target on the stock.

Discovery Communications, Inc. has a one year low of $19.10 and a one year high of $29.18. (NASDAQ:DISCA) shares. 8,832 shares were sold by GOULD PAUL A, worth $229,426 on Wednesday, May 10. The company has a market cap of $11.03 billion, a price-to-earnings ratio of 13.02 and a beta of 1.50.

Checking in on moving averages, the 200-day is at 26.92, the 50-day is 26.88, and the 7-day is sitting at 22.73.

Discovery Communications (NASDAQ:DISCK) last announced its earnings results on Tuesday, May 9th. Cannell Peter B reported 53,875 shares or 0.05% of all its holdings. However, -1.30% over the last one month, -21.55% for the last quarter and year to date performance stands at -25.10%. Discovery Communications had a net margin of 17.14% and a return on equity of 22.76%. The company's revenue was up 2.2% on a year-over-year basis. Equities research analysts predict that Discovery Communications, Inc. will post $2.24 EPS for the current year. (NASDAQ:DISCA) on Thursday, June 15. The shares were bought at an average cost of $21.70 per share, with a total value of $325,500.00. Insiders own 6.81% of the company's stock. Of those transactions, there were 0 shares of DISCK bought and 0 shares sold. (NYSE:KMX) [Trend Analysis] also in unadorned vista to attract passive and active investors, shares in most recent trading session eased up 0.07% after traded at $76.23.

Discovery Communications, Inc. (DISCA) failed to surprise the stock market in its last reported earnings when it earned $0.68 a piece versus the consensus-estimated $0.72. 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.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company.



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