Public Employees Retirement Association of Colorado raised its position in Discovery Communications Inc. (NASDAQ:DISCK) by 0.1% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 61,906 shares of the company’s stock after buying an additional 31 shares during the period. Public Employees Retirement Association of Colorado’s holdings in Discovery Communications were worth $1,629,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Hotchkis & Wiley Capital Management LLC purchased a new stake in Discovery Communications during the second quarter worth approximately $52,406,000. Svenska Handelsbanken AB publ purchased a new stake in Discovery Communications during the third quarter worth approximately $36,834,000. Manor Road Capital Partners LLC raised its stake in Discovery Communications by 42.5% in the second quarter. Manor Road Capital Partners LLC now owns 2,600,000 shares of the company’s stock worth $62,010,000 after buying an additional 775,000 shares in the last quarter. Coronation Fund Managers Ltd. purchased a new stake in Discovery Communications during the second quarter worth approximately $12,435,000. Finally, Credit Suisse AG raised its stake in Discovery Communications by 92.0% in the second quarter. Credit Suisse AG now owns 1,036,112 shares of the company’s stock worth $24,711,000 after buying an additional 496,482 shares in the last quarter. Hedge funds and other institutional investors own 48.13% of the company’s stock.

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

Shares of Discovery Communications Inc. (NASDAQ:DISCK) traded down 0.71% on Monday, reaching $26.58. 2,009,125 shares of the company’s stock were exchanged. Discovery Communications Inc. has a one year low of $22.43 and a one year high of $29.93. The company’s 50 day moving average is $25.64 and its 200-day moving average is $25.24. The stock has a market cap of $12.15 billion, a price-to-earnings ratio of 15.03 and a beta of 1.49.

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Separately, Zacks Investment Research raised shares of Discovery Communications from a “sell” rating to a “strong-buy” rating and set a $29.00 price objective on the stock in a research report on Friday, August 5th.

About Discovery Communications

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 and broadcast television, Websites, digital distribution arrangements and content licensing agreements. Its segments are U.S.

5 Day Chart for NASDAQ:DISCK

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