(NASDAQ:DISCA) is -3.36%, -5.02% over the last quarter, and -2.21% for the past six months. FMR LLC now owns 3,030,306 shares of the company's stock worth $83,060,000 after buying an additional 303,108 shares in the last quarter. Discovery Communications earned a media sentiment score of 0.32 on AlphaOne's scale.
Other institutional investors have also recently modified their holdings of the company. Virtus Investment Advisers Inc. bought a new stake in Discovery Communications during the third quarter valued at about $152,000. The institutional investor owned 33,906 shares of the company's stock after selling 3,444 shares during the period. Glacier Peak Capital LLC purchased a new stake in Discovery Communications during the fourth quarter valued at about $147,000. Company insiders own 5.78% of the company's stock. Discovery Communications Inc. (NASDAQ:DISCA) has declined 0.88% since June 1, 2016 and is downtrending. Cim Investment Mangement Inc. now owns 9,555 shares of the company's stock valued at $262,000 after buying an additional 94 shares during the period. Tyers Asset Management LLC purchased a new stake in Discovery Communications during the fourth quarter valued at about $1,147,000.
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Insider Trades for Discovery Communications, Inc. show that the latest trade was made on 21 May 2017 where Wiedenfels (Gunnar), the Chief Financial Officer completed a transaction type "Buy" in which 48319 shares were traded at a price of $0. The stock has gained 1.15%, reaching at $26.50 after hovering between $25.99 and $26.95. The firm has a market capitalization of $11.45 billion, a PE ratio of 13.52 and a beta of 1.50. The share price has moved forward from its 20 days moving average 2.71% and positively from its 50 days moving average 4.69%. With 1.99M avg volume, 14 days are for Discovery Communications Srs A (NASDAQ:DISCA)'s short sellers to cover DISCA's short positions. The company reported $0.41 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.49 by $0.08. For the current year the company's revenue estimates are $6.82 Million compared to low analyst estimates of $6.76 Million and high estimates of $6.88 Million according to 24 number of analysts. Discovery Communications had a net margin of 17.14% and a return on equity of 22.76%.
The company reported an impressive total revenue of 6.5 Billion in the last fiscal year. During the same quarter in the prior year, the firm earned $0.46 EPS.
According to analysts Discovery Comm A (NASDAQ:DISCA)'s minimum EPS for the current quarter is at $0.61 and can go high up to $0.79.
05/22/2014 - Discovery Communications, Inc. had its " rating reiterated by analysts at Sanford C. Bernstein. "(DISCA) Position Increased by Parametric Portfolio Associates LLC" was originally published by Stock Observer and is the sole property of of Stock Observer. If you are viewing this news story on another site, it was illegally copied and reposted in violation of USA and global trademark and copyright legislation.
Separately, Zacks Investment Research downgraded shares of Discovery Communications from a "hold" rating to a "sell" rating in a research note on Thursday, February 16th.
06/25/2014 - Discovery Communications, Inc. was downgraded to "neutral" by analysts at BTIG Research. World Asset Mngmt Incorporated holds 0.02% of its portfolio in Discovery Communications Inc.
Taking a broader look brokerage firms' analysts on the street with an expectant view have Discovery Comm A (NASDAQ:DISCA) high price target of $32 and with a conservative view have low price target of $22.
Among 8 analysts covering Schulman A (NASDAQ:SHLM), 3 have Buy rating, 0 Sell and 5 Hold. They now have a Dollars 30 price target on the stock. The other 8 are split, though not evenly, between analysts who think you should buy its stock versus those who think you should sell it. (DISCA) reveals an average price target of $28.95 per share. Following the completion of the sale, the director now owns 188,676 shares in the company, valued at approximately $4,901,802.48.