Discovery Communications, Inc. (NASDAQ:DISCA) Under Analyst Spotlight

(NASDAQ:DISCB) shares saw heavy trading volume with 958 shares changing hands by the end of trading on Friday. (NASDAQ:DISCA). Teacher Retirement System Of Texas holds 21,929 shares. Short interest decreased from 529 to 523 over that period.

Investors are a little more bullish on shares of the company recently if you take into consideration the downtick in short interest.

A number of other institutional investors have also added to or reduced their stakes in the business. The correct version of this news story can be accessed at https://weekherald.com/2017/10/06/zacks-investment-research-lowers-discovery-communications-inc-disca-to-sell.html. The New South Capital Management Inc holds 4.67M shares with $120.65M value, down from 4.74 million last quarter. Horizon Investment Services LLC acquired a new stake in shares of Discovery Communications in the 1st quarter worth about $202,000. OLD Mutual Customised Solutions Proprietary Ltd. raised its holdings in shares of Discovery Communications by 112.1% in the 1st quarter. Perhaps, that suggests something about why 49.14% of the outstanding share supply is held by institutional investors. (NASDAQ:DISCA). Bnp Paribas Asset Sa reported 0.01% of its portfolio in Discovery Communications Inc.

The stock has actually made sharp losses in the past year, as the company has gathered a -24.47% return in the past twelve months.

COPYRIGHT VIOLATION WARNING: This news story was reported by Week Herald and is the property of of Week Herald. If you are reading this piece of content on another website, it was illegally stolen and republished in violation of United States and global trademark and copyright laws.

Excitement in PM Modi's village over his first visit as PM
The prime minister's school teacher, Dr Prahlad Patel, said he hopes to meet Narendra Modi who writes letters to him occasionally. Following this, PM Modi will also flag off the Antyodaya Express to run between Udhna station near Surat to Jaynagar in Bihar.

DISCA has been the topic of a number of analyst reports. Discovery Communications, Inc. has a 52 week low of $19.36 and a 52 week high of $29.18.

08/08/2017 - Discovery Communications, Inc. was upgraded to "buy" by analysts at Pivotal Research. The firm owned 750,639 shares of the company's stock after selling 99,212 shares during the quarter. The count of Hold ratings in that period was 0. Finally, BidaskClub upgraded shares of Discovery Communications from a "sell" rating to a "hold" rating in a report on Wednesday, June 14th. Discovery Communications now has a consensus rating of "Hold" and an average target price of $27.07. The firm has a market capitalization of $12.15 billion, a P/E ratio of 11.3121 and a beta of 1.56. When looking at the past five sessions, the stock returned 1.08% gains and is up by 8.85% compared with its 200-day moving average of $234.09.

Discovery Communications (NASDAQ:DISCA) last announced its earnings results on Monday, July 31st. The firm had revenue of $1.75 billion during the quarter. Over the trailing year, the stock is underperforming the S&P 500 by 17.45, and it's gotten there by action that has been more volatile on a day-to-day basis than most other stocks on the exchange. A month ago, they told us to expect earnings of US$0.6 per share while three months ago their EPS consensus estimate was US$0.59. Fiduciary Trust Co. bought a new position in shares of Discovery Communications in the 2nd quarter valued at about $160,000. The Bislett Management Llc holds 490,000 shares with $12.66M value, up from 430,000 last quarter. Also, CFO Gunnar Wiedenfels bought 20,000 shares of Discovery Communications stock in a transaction on Tuesday, August 1st. Following the completion of the acquisition, the chief financial officer now owns 20,000 shares of the company's stock, valued at approximately $460,200. The disclosure for this purchase can be found here. The most recent short interest data show 8.23% of the company's stock are short sold.

According to Zacks brokerage recommendations, Discovery Communications, Inc. The Firm 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.

Bryant Regan decreased its stake in U.S. Auto Parts Network Inc (PRTS) by 11.59% based on its latest 2017Q2 regulatory filing with the SEC.

Related:

  • Florida Executes Michael Lambrix For Killing Man, Woman

    Florida Executes Michael Lambrix For Killing Man, Woman

    Bryant and Moore were killed after meeting Lambrix at a bar and going to his mobile home for a spaghetti dinner. Supreme Court has denied a request to stop the execution of a Florida inmate convicted of killing two people.
    Clinton Group Inc. Buys 20224 Shares of Enbridge Energy, LP (EEP)

    Clinton Group Inc. Buys 20224 Shares of Enbridge Energy, LP (EEP)

    Morgan Stanley initiated Enbridge Energy Management , L.L.C. (NYSE:EEQ) on Thursday, February 25 with "Underweight" rating. This is calculated by taking weekly log normal returns and standard deviation of the share price over one year annualized.
    Amarillo National Bank Has $282000 Position in General Electric Company (GE)

    Amarillo National Bank Has $282000 Position in General Electric Company (GE)

    After $0.28 actual EPS reported by General Electric Company for the previous quarter, Wall Street now forecasts 78.57% EPS growth. Jim Simons increased its stake in Insperity Inc (NSP) by 97.79% based on its latest 2017Q2 regulatory filing with the SEC.
  • Pittsburgh Steelers Week Five Preview

    Pittsburgh Steelers Week Five Preview

    In adding all four weeks up, the Jags are now at a total of 35 penalties (for 305 yards),which is good for third in the league. That bodes well for the Steelers, who should be able to keep their base 3-4 on the field more often in this one.

    Walgreens Boots Alliance, Inc. (WBA) stock RSI 25.93 Signals investors to buy

    Finally, Reilly Financial Advisors LLC boosted its holdings in shares of Walgreens Boots Alliance by 7.9% during the 2nd quarter. Finally, Founders Capital Management purchased a new stake in Walgreens Boots Alliance during the first quarter worth $161,000.
    Hey Arnold! The Jungle Movie Comes Out After Thanksgiving

    Hey Arnold! The Jungle Movie Comes Out After Thanksgiving

    The release date was revealed in the Hey Arnold panel in New York Comic-Con, which excited many a fan. The Jungle Movie when it hits the small screen next month.
  • Donald Trump Says He'll 'Wipe Out' Puerto Rico's Massive Debt

    Donald Trump Says He'll 'Wipe Out' Puerto Rico's Massive Debt

    Mr Trump got high marks for his handling of Hurricane Harvey in Texas and Hurricane Irma in Florida and the Caribbean. The Florida Virtual School will accommodate up to 20,000 youngsters from Puerto Rico, Scott's office said.
    Bring petrol, diesel under GST to prevent profiteering: Rahul

    Bring petrol, diesel under GST to prevent profiteering: Rahul

    He warned that the youth, farmers and small businessmen are getting angry at the government and this is not good for the country. His statement came on a day when the GST Council met to give relief to small and medium enterprises and exporters.
    EasyJet sees record passenger numbers

    EasyJet sees record passenger numbers

    There are also media reports that easyJet is interested in some of Monarch's slots at London's Gatwick airport. EasyJet has posted record passenger numbers for summer, as it cashes in on Ryanair's cancelled flights crisis.
  • Broadband customers to be shown

    Broadband customers to be shown "rush hour" internet speeds before buying deals

    Most providers only advertise an "up to" speed, which could be achieved by as little as 10% of its customers. Providers have an unlimited amount of time to resolve the problem before offering the right to exit.
    Netflix is Raising its Prices in Europe

    Netflix is Raising its Prices in Europe

    The company has committed $15.7 billion to streaming content deals - with $6 billion earmarked for 2017 alone. Those on the other two tiers will have to bear with a $1-$2 price hike starting October 19.
    Defending champion Brendan Steele shares Safeway Open lead

    Defending champion Brendan Steele shares Safeway Open lead

    A victor at Silverado in 2014, Bae hit seven of 14 fairways and 14 of 18 greens in the first round. Rory McIlroy shot a 71 at Carnoustie and was even par after two rounds.

Comments

Latest news

Las Vegas Gunman Had Automatic Weapons, Authorities Say
The bump stock works when the shooter holds the pistol grip with one hand and the barrel of the gun with the other. The weapon bounces between the shoulder and the finger, so the shooter does not even move the trigger finger.

PM Modi welcomes the world for India's first FIFA tournament
India's star winger Komal Thatal was superb down the left, repeatedly troubling the American defenders with his dribbling skills. India's first-ever Federation Internationale de Football Association tournament kicks off with matches in Delhi and Mumbai .

Las Vegas killer placed cameras in hotel
She described her sister as "a good person and gentle soul", and said she "seemed madly in love with Steve". Authorities have yet to identify a motive for the shooting but say they believe Paddock acted alone.

Market Watch: UO Line Over 60 for S&P Retail SPDR (XRT)
Traders often add the Plus Directional Indicator (+DI) and Minus Directional Indicator (-DI) to identify the direction of a trend. These "units" can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand.

Las Vegas Shooting Not Expected To Change Partisan Debate On Gun Control
The senator slammed the Hearing Protection Act, House legislation that would nix a fee on gun silencers. House Republicans have held off voting this week on a bill that would make it easier to buy a silencer.

Chelsea hero Ray Wilkins questions Nemanja Matic transfer
His stature is at six-foot four and he just allows people to do their job'. " So for me, it has to be Matic ". Obviously there are more creative central midfield players around and everybody will go to the flare ones .

American Hurd wins all-around title at gymnastics world championships
Top U.S. qualifier Ragan Smith withdrew right before the all-around final after rolling her ankle while warming up on vault. Black, fifth in Rio, was the overwhelming crowd favorite at the 1976 Olympic Stadium.

A few visitors to Cuba claim symptoms similar to attacks
The U.S. didn't describe in detail the limitations on U.S. government workers staying at those two hotels. The Associated Press contributed to this article .

Technical Story: KLA-Tencor Corporation (KLAC) stands 10.37% away from 50 SMA
In general, more thrust is placed on most recent actions by assigning higher weights to it than those assigned to past movements. Therefore 53% are positive. 10/21/2016 - KLA-Tencor Corporation had its "neutral" rating reiterated by analysts at Nomura.

Sessions Issues Sweeping Religious Liberty Guidance to Federal Agencies
Shortly after the Department of Justice guidance was issued, it was praised by a number of social conservative leaders and groups. DiNardo, the group's president, said in a joint statement with Archbishop William E.

NY Sen. Gillibrand blasts Congress after Las Vegas shooting
Giffords, whose ability to speak has been limited since the shooting, told her former colleagues, "The nation's counting on you". The result, Brown and Gardiner said, is that an estimated 1 in 5 guns sold in this country avoids a background check.

Samsung Galaxy S8, Note 8 Enterprise Editions Launched
DxO specifically praises Samsung's work with digital zoom on this device, specifically calling it "the best smartphone for zoom". DxOMark has said that the Google Pixel 2 is the top-performing mobile camera that they have tested.

Activision Blizzard, Inc (NASDAQ:ATVI) Experiences Lighter than Average Trading Volume
Mark Asset Management Corp decreased Electronic Arts (NASDAQ:EA) stake by 15,963 shares to 164,258 valued at $17.37M in 2017Q2. The Zevenbergen Capital Investments Llc holds 49,040 shares with $2.82 million value, up from 28,985 last quarter.

Despite Being Shot In Leg, I'm Standing For The President — Vegas Survivor
He says he wants to "congratulate everybody" at the hospital and says it's "incredible" what doctors have done. The incredible moment a patriotic Gunderson struggled to his feet was captured on video, first when Mrs.

Gambling regulators eye records of Las Vegas killer
Lombardo added, "It's troublesome that this individual was able to move this amount of gear into a hotel room unassisted". Authorities in Las Vegas have released the first body cam footage of the shooting that took place in the city on Sunday.

Other news