13,698 Shares in Discovery Communications, Inc. (DISCK) Acquired by IFM Investors Pty Ltd

IFM Investors Pty Ltd bought a new stake in shares of Discovery Communications, Inc. (NASDAQ:DISCK) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 13,698 shares of the company’s stock, valued at approximately $345,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Fiduciary Trust Co. purchased a new position in shares of Discovery Communications in the second quarter valued at about $160,000. Los Angeles Capital Management & Equity Research Inc. lifted its position in shares of Discovery Communications by 53.6% in the second quarter. Los Angeles Capital Management & Equity Research Inc. now owns 24,225 shares of the company’s stock valued at $611,000 after acquiring an additional 8,450 shares in the last quarter. Atlantic Trust Group LLC lifted its position in shares of Discovery Communications by 27.5% in the second quarter. Atlantic Trust Group LLC now owns 317,451 shares of the company’s stock valued at $8,004,000 after acquiring an additional 68,498 shares in the last quarter. Boyar Asset Management Inc. lifted its position in shares of Discovery Communications by 3.6% in the second quarter. Boyar Asset Management Inc. now owns 80,315 shares of the company’s stock valued at $2,025,000 after acquiring an additional 2,800 shares in the last quarter. Finally, Seizert Capital Partners LLC lifted its position in shares of Discovery Communications by 11.2% in the second quarter. Seizert Capital Partners LLC now owns 3,237,316 shares of the company’s stock valued at $81,613,000 after acquiring an additional 325,593 shares in the last quarter. Institutional investors own 45.30% of the company’s stock.

TRADEMARK VIOLATION NOTICE: “13,698 Shares in Discovery Communications, Inc. (DISCK) Acquired by IFM Investors Pty Ltd” was originally posted by BBNS and is the property of of BBNS. If you are viewing this article on another site, it was illegally copied and republished in violation of United States & international copyright laws. The correct version of this article can be read at https://baseballnewssource.com/markets/ifm-investors-pty-ltd-takes-position-in-discovery-communications-inc-disck/1603682.html.

Shares of Discovery Communications, Inc. (NASDAQ DISCK) traded up 1.34% during midday trading on Friday, reaching $20.47. The company’s stock had a trading volume of 2,318,584 shares. The stock has a market capitalization of $11.67 billion, a PE ratio of 10.86 and a beta of 1.46. The company has a 50 day moving average price of $21.66 and a 200-day moving average price of $25.27. Discovery Communications, Inc. has a 52 week low of $19.36 and a 52 week high of $29.18.

Discovery Communications (NASDAQ:DISCK) last released its earnings results on Monday, July 31st. The company reported $0.68 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.72 by ($0.04). The business had revenue of $1.75 billion during the quarter. Discovery Communications had a return on equity of 22.74% and a net margin of 16.88%. On average, equities research analysts expect that Discovery Communications, Inc. will post $2.24 EPS for the current year.

Several brokerages have recently commented on DISCK. Barrington Research restated a “market perform” rating on shares of Discovery Communications in a research report on Tuesday, August 1st. Zacks Investment Research downgraded Discovery Communications from a “buy” rating to a “hold” rating in a research report on Friday, August 18th. BidaskClub downgraded Discovery Communications from a “sell” rating to a “strong sell” rating in a research report on Saturday, August 12th. Finally, ValuEngine downgraded Discovery Communications from a “buy” rating to a “hold” rating in a research report on Friday, June 2nd. One analyst has rated the stock with a sell rating and three have given a hold rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of $29.00.

Discovery Communications Profile

Discovery Communications, Inc (Discovery) is a global media company. 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.

Institutional Ownership by Quarter for Discovery Communications (NASDAQ:DISCK)

Receive News & Ratings for Discovery Communications Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Discovery Communications Inc. and related companies with our FREE daily email newsletter.

 


Latest News

Will 2017 MLB Season End with No 20-Game Winner?
Will 2017 MLB Season End with No 20-Game Winner?
Cleveland Indians Winning Streak Snapped at 22
Cleveland Indians Winning Streak Snapped at 22
Tigers Player Might Play All Nine Positions During Same Game
Tigers Player Might Play All Nine Positions During Same Game
Fans Kicked Out of Fenway Park After Racist Banner Hung on Green Monster
Fans Kicked Out of Fenway Park After Racist Banner Hung on Green Monster
Dodgers End Losing Streak at 11 Behind Ace Clayton Kershaw
Dodgers End Losing Streak at 11 Behind Ace Clayton Kershaw
Cleveland Indians Winning Streak Reaches 18
Cleveland Indians Winning Streak Reaches 18


Leave a Reply

 
© 2006-2017 BBNS.