Discovery Communications, Inc. (NASDAQ:DISCA)

(NASDAQ:DISCK) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 263,800 shares of the company's stock after selling 58,700 shares during the period. (DISCA) by 5.2%. Its position was worth $480,599,000 a decrease of $33,962,000 as of the end of the quarter. Accern also assigned media coverage about the company an impact score of 45.9483407059754 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the near term. Discovery Communications Inc. (NASDAQ:DISCA) has declined 0.88% since August 11, 2016 and is downtrending. 495 shares changed hands in the last trading session. Bank of New York Mellon Corp boosted its stake in shares of Discovery Communications by 20.3% in the first quarter.

As of quarter end Proshare Advisors LLC had bought 17,547 shares growing its holdings by 15.5%. (NASDAQ:DISCA). Vnbtrust National Association has invested 5.28% of its portfolio in Discovery Communications Inc. Strs Ohio now owns 1,277,148 shares of the company's stock valued at $37,152,000 after buying an additional 1,275,000 shares during the last quarter. Finally, Vanguard Group Inc. raised its position in Discovery Communications by 5.4% in the first quarter. More interesting news about Discovery Communications Inc. Seizert Capital Partners LLC now owns 2,911,723 shares of the company's stock worth $82,431,000 after buying an additional 1,057,066 shares during the period.

Shares of Discovery Communications, Inc. (NASDAQ:MU) news were published by: Nasdaq.com which released: "Axa Buys Micron Technology Inc, UBS Group AG, Air Products & Chemicals Inc ..." on August 10, 2017, also Seekingalpha.com with their article: "Micron: Fear" published on August 10, 2017, Fool.com published: "Micron Technology Inc.in 3 Charts" on July 21, 2017.

It is now trading at $23.50 quite a bit below the 50 day moving average of $27.04 and significantly lower than the 200 day moving average of $27.77.

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Discovery Communications, Inc. has a 12 month low of $21.81 and a 12 month high of $29.18. The company has a market capitalization of $13.53 billion, a PE ratio of 12.59 and a beta of 1.59. In the latest earnings report the EPS was $1.88 and is estimated to be $2.13 for the current year with 570,000,000 shares now outstanding. Discovery Communications had a ROE of 22.74% and a net profit margin of 16.88%. The firm had revenue of $1.75 billion for the quarter, compared to analyst estimates of $1.76 billion. During the same quarter in the previous year, the company posted $0.71 earnings per share. Discovery Communications's quarterly revenue was up 2.2% on a year-over-year basis. On average, equities research analysts anticipate that Discovery Communications will post $2.24 earnings per share for the current year.

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DISCA has been the subject of several research analyst reports. Cowen and Company reaffirmed a "hold" rating and set a $25.00 price target on shares of Discovery Communications in a research note on Thursday, August 3rd. Deutsche Bank maintained the shares of MU in report on Wednesday, October 5 with "Buy" rating. SunTrust initiated the shares of BCO in report on Tuesday, February 28 with "Buy" rating. Zacks Investment Research downgraded Discovery Communications from a hold rating to a sell rating in a research note on Tuesday, April 18th. One analyst has rated the stock with a sell rating, two have given a hold rating and one has given a buy rating to the company's stock. Discovery Communications presently has a consensus rating of "Hold" and a consensus target price of $28.25.

Here are some other firms who have updated their holdings. Janney Montgomery Scott LLC now owns 61,459 shares of the company's stock valued at $1,587,000 after buying an additional 6,106 shares during the period. The shares were sold at an average price of $26.43, for a total transaction of $245,349.69.

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