Hot Stock to Watch: Discovery Communications, Inc. (DISCA)

AMC Network Scores Higher-Than-Expected Q3 Ad Gains

BidaskClub downgraded Discovery Communications from a hold rating to a sell rating in a research note on Thursday, July 27th. The number of shares now owned by investors are 31.08 mln. Tower Research Capital LLC TRC lifted its position in shares of Discovery Communications by 437.1% in the second quarter. Seizert Capital Partners LLC now owns 3,237,316 shares of the company's stock worth $81,613,000 after purchasing an additional 325,593 shares during the period. Vnbtrust National Association stated it has 140,656 shares or 1.43% of all its holdings. The correct version of this piece can be read at https://stocknewstimes.com/2017/11/04/discovery-communications-inc-disca-given-new-21-00-price-target-at-loop-capital.html. The institutional investor held 24,680 shares of the consumer services company at the end of 2017Q2, valued at $622,000, down from 42,052 at the end of the previous reported quarter.

Covering sell-side analysts have recently weighed in on shares of Discovery Communications, Inc. Also, insider Paul J. Guagliardo bought 10,000 shares of Discovery Communications stock in a transaction that occurred on Friday, August 18th. Eventide Asset Management Llc who had been investing in Masonite Intl Corp New for a number of months, seems to be bullish on the $1.92B market cap company. Institutional investors own 50.41% of the company's stock. Analysts reported that the Price Target for Discovery Communications, Inc. might touch $36 high while the Average Price Target and Low price Target is $25.21 and $18 respectively. (NASDAQ:DISCA) traded down $0.79 during trading on Friday, reaching $16.52.

About 10.26 million shares traded or 133.71% up from the average. The stock has a market cap of $6.06 billion, a price-to-earnings ratio of 7.82 and a beta of 1.41.

In an overview of the current analyst recommendations, Buy count is 4 and Overweight is 0 while the number of analysts recommending Sell and Underweight are 0 and 0, respectively.

Discovery Communications, Inc. (NASDAQ:DISCK), maintained return on investment for the last twelve months at 7.98, higher than what Reuters data shows regarding industry's average. Cowen & Co maintained the shares of DISCA in report on Tuesday, September 19 with "Hold" rating. The stock stands almost $1.97 off versus the 52-week high of $33.67 and $20.65 above the 52-week low of $11.05.

Wall Street await Discovery Communications Inc. Neuberger Berman Grp Inc Limited Liability Co, New York-based fund reported 62,379 shares.

Zimmer Partners Lp, which manages about $1.50 billion and $4.21 billion US Long portfolio, decreased its stake in American Elec Pwr Inc (NYSE:AEP) by 206,300 shares to 153,150 shares, valued at $10.64 million in 2017Q2, according to the filing. Discovery Communications had 6 analyst reports since February 10, 2017 according to SRatingsIntel. The company now has a consensus rating of "Hold" and an average price target of $25.50. The analyst recommendations from a month ago are 4 Buy, 0 Overweight, 0 Sell, 1 Hold and 0 Underweight. Needham maintained the shares of DISCA in report on Tuesday, July 25 with "Hold" rating.

ILLEGAL ACTIVITY NOTICE: This story was first published by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are viewing this piece on another site, it was illegally copied and reposted in violation of US & worldwide copyright and trademark laws.

Axcelis Technologies, Inc. (NASDAQ:ACLS) closed up +0.15 points or 0.47% at $31.95 with 0.99 mln shares exchanging hands. The firm has "Buy" rating given on Tuesday, August 1 by Citigroup. The stock was acquired at an average price of $22.71 per share, with a total value of $227,100.00. Following the completion of the acquisition, the chief financial officer now directly owns 35,000 shares in the company, valued at approximately $759,500. (NASDAQ:DISCA) for 6,407 shares. The disclosure for this purchase can be found here.

Ownership trends and trading patterns can be useful tools for predicting a stock's performance, but it's also important to consider the technicals in order to form a more comprehensive view.

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

Related:

  • After Air Strike, Israel Warns Against Arms Shipments To Hezbollah

    After Air Strike, Israel Warns Against Arms Shipments To Hezbollah

    Israel sporadically carries out airstrikes on regime sites and positions in Syria , but rarely comments on the moves. According to reports, Israel attacked an arms factory in the rural areas south of the Syrian city of Homs.
    US Law Enforcement Hunting Second Person of Interest in NYC Truck Attack

    US Law Enforcement Hunting Second Person of Interest in NYC Truck Attack

    Saipov allegedly left a note in the truck that translated to "ISIS endures forever", though authorities and Gov. On Thursday, Kadirov released a statement to The Associated Press through a source in touch with his family.
    Ittefaq stars with Karan Johar come together for lunch

    Ittefaq stars with Karan Johar come together for lunch

    Sonakshi Sinha , Sidharth Malhotra , and Akshaye Khanna are gearing up for the release of their upcoming film-Ittefaq. Son of Ravi Chopra, Juno is the grandson of the legendary Baldev Raj Chopra (B.R.
  • Trump Embraces Tax Reform Plan, Takes Preemptive Shot At Critics

    Trump Embraces Tax Reform Plan, Takes Preemptive Shot At Critics

    "America is again the best place to lead a business with a global footprint", says Broadcom CEO Hock Tan, "thanks to you Mr. But Broadcom said it would make the move even if no corporate tax reform comes to fruition.
    Facebook Shares Higher As Third-Quarter Results Crush Estimates

    Facebook Shares Higher As Third-Quarter Results Crush Estimates

    Away from the financials, Facebook's daily active users (DAUs) and monthly active users (MAUs) saw a YoY increase of 16 per cent. DAUs were 1.37bn on average for September 2017, while MAUs were 2.07bn as of 30 September.
    OnePlus will keep the headphone jack 'for the time being'

    OnePlus will keep the headphone jack 'for the time being'

    If the leaked information is accurate, it's possible the OnePlus 5T will be available to buy at end of November or early December. As for why the OnePlus 5T will have a headphone jack, the OnePlus CEO says a primary reason is the audio quality.
  • Harvey Weinstein dons disguise for night out

    Harvey Weinstein dons disguise for night out

    Weinstein's representative, Sallie Hofmeister, says the 65-year-old Oscar victor denies any allegations of non-consensual sex. Allegations against Weinstein include claims that he used sex with aspiring actresses as a bargaining tool for roles.
    Trump answers terror attack in NYC: 'NOT IN THE USA'

    Trump answers terror attack in NYC: 'NOT IN THE USA'

    Police were unable to confirm if there were any injuries, but local media reported at least five, including possible fatalities. "This was an act of terror, particularly cowardly act of terror aimed at innocent civilians".

    Broadcom may offer more than $100 billion for Qualcomm

    We'll be paying close attention in the next few days for a potential announcement, so stay tuned for additional updates. Broadcom Ltd .is exploring a bid for San Diego-based Qualcomm Inc . according to news reports .
  • Samsung Galaxy Note 8 Enterprise Edition, here are the details

    Samsung Galaxy Note 8 Enterprise Edition, here are the details

    This beta test is extremely limited, with a select number of users in South Korea, the USA , and United Kingdom being allowed in. Samsung announced the Note 8 Enterprise Edition that provides a business-first device for the enterprise and SMB market.
    Razer Launches Phone for Gamers With Huge Bezels and No Headphone Jack

    Razer Launches Phone for Gamers With Huge Bezels and No Headphone Jack

    This essentially guarantees buttery smooth movements on screen with no lag or stuttering while you play graphic intensive games. Game Booster allows you to set specific frame rates for games, cull notifications while you're gaming and more.
    Galaxy S8 Beta Program Leaks, Oreo Update Round The Corner?

    Galaxy S8 Beta Program Leaks, Oreo Update Round The Corner?

    Specifically, the deal says that you'll get Samsung reward points that you can redeem for a Samsung Rewards Visa Card. It also comes with a choice of biometric authentication methods and Samsung's defense-grade Knox security platform.

Comments

Other news