Published: Sat, October 14, 2017
Money | By Armando Alvarado

Parametric Portfolio Associates LLC Acquires 11840 Shares of Discovery Communications, Inc. (DISCK)


Looking at volatility levels, the stock observed volatility of 1.38% in last week and saw volatility 1.43% over the past one month. Voya Investment Management LLC's holdings in Discovery Communications were worth $3,366,000 at the end of the most recent reporting period.

Several institutional investors have recently added to or reduced their stakes in the company. While it's Return on Investment (ROI) value is 11.8%. Thompson Siegel & Walmsley LLC now owns 3,422,562 shares of the company's stock worth $86,283,000 after acquiring an additional 1,016,006 shares during the last quarter. Nomura Holdings Inc. bought a new position in Discovery Communications during the 2nd quarter valued at about $403,000. Public Employees Retirement System of OH now owns 697,493 shares of the company's stock valued at $18,016,000 after acquiring an additional 2,355 shares during the last quarter. Thompson Siegel & Walmsley LLC lifted its position in Discovery Communications by 42.2% in the second quarter. Finally, State Street Corp boosted its position in Discovery Communications by 5.1% during the 1st quarter. To make a proper assessment, investors seek a sound estimate of this year's and next year's earnings per share (EPS), as well as a strong sense of how much the company will earn even farther down the road.

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Discovery Communications Inc. (NASDAQ:DISCA) has declined 0.88% since October 14, 2016 and is downtrending. Discovery Communications, Inc. has a 52-week low of $19.01 and a 52-week high of $30.25. The stock's last price was lower from the average trading price of 50 days recorded at $26.66 while enlarging the period to 200 trading days, the average price was $28.39. The firm had revenue of $1.75 billion for the quarter.

Discovery Communications (NASDAQ:DISCK) last posted its earnings results on Monday, July 31st. In the latest earnings report the EPS was $1.88 and is estimated to be $2.22 for the current year with 570,000,000 shares now outstanding. Discovery Communications had a return on equity of 22.74% and a net margin of 16.88%.

Sell-side analyst recommendations point to a short term price target of $26.43 on the shares of Discovery Communications, Inc. Its mean Altman Z-Score: 1.80 during the last 7 years, while average Beneish M-Score: -2.40 during the last 7 years. Discovery Communications, Inc. (DISCK) maintained activity of 2.81 million shares that trade hands on average basis while its relative volume is 2.02. $245,350 worth of Discovery Communications Inc. "(DISCA) Upgraded to "Hold" by Zacks Investment Research" was published 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 copied and reposted in violation of USA & global copyright legislation.

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06/25/2014 - Discovery Communications, Inc. was downgraded to "neutral" by analysts at BTIG Research. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. The firm declared -4.33% change to end the trade at $6.41, with the overall traded capacity of 2.88 Million shares. The total value of its holdings decreased 15.6%. The disclosure for this purchase can be found here. The stock increased 1.58% or $0.23 on October 13, reaching $14.75. The company's average Piotroski F-Score: 6 during the last 7 years.

DISCK has been the subject of several analyst reports. Discovery Communications now has an average rating of "Hold" and an average target price of $29.00.

On September 15 the company was upgraded from "Neutral" to "Neutral" with a current price target of $22.00 in a statement from Credit Suisse. (NASDAQ:DISCK) to report earnings on November, 7. Barrington Research reissued a "market perform" rating on shares of Discovery Communications in a report on Tuesday, August 1st.

According to the the latest analyst ratings which have been released, 2 brokers have issued a rating of "buy", 2 brokers "outperform", 18 brokers "hold", 3 brokers "underperform" and 0 brokers "sell". Consensus earnings estimates are far from flawless, but they are watched by many investors and play an important role in measuring the appropriate valuation for a stock.

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