S. Muoio & CO. LLC continued to hold its stake in Discovery Communications, Inc. (NASDAQ:DISCK) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 21,214 shares of the company’s stock at the end of the second quarter. S. Muoio & CO. LLC’s holdings in Discovery Communications were worth $535,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its stake in Discovery Communications by 2.2% in the first quarter. Vanguard Group Inc. now owns 21,390,878 shares of the company’s stock valued at $605,575,000 after buying an additional 460,591 shares during the last quarter. BlackRock Inc. raised its stake in Discovery Communications by 2,766.5% in the first quarter. BlackRock Inc. now owns 13,447,103 shares of the company’s stock valued at $380,687,000 after buying an additional 12,977,986 shares during the last quarter. Hotchkis & Wiley Capital Management LLC raised its stake in Discovery Communications by 0.3% in the first quarter. Hotchkis & Wiley Capital Management LLC now owns 5,340,964 shares of the company’s stock valued at $151,203,000 after buying an additional 14,321 shares during the last quarter. Seizert Capital Partners LLC raised its stake in Discovery Communications by 57.0% in the first quarter. Seizert Capital Partners LLC now owns 2,911,723 shares of the company’s stock valued at $82,431,000 after buying an additional 1,057,066 shares during the last quarter. Finally, First Manhattan Co. raised its stake in Discovery Communications by 30.2% in the second quarter. First Manhattan Co. now owns 2,806,374 shares of the company’s stock valued at $70,748,000 after buying an additional 651,642 shares during the last quarter. Institutional investors and hedge funds own 46.47% of the company’s stock.

Discovery Communications, Inc. (NASDAQ DISCK) opened at 21.52 on Wednesday. The firm has a market cap of $12.27 billion, a P/E ratio of 11.42 and a beta of 1.47. Discovery Communications, Inc. has a 12 month low of $21.50 and a 12 month high of $29.18. The firm’s 50-day moving average price is $24.47 and its 200-day moving average price is $26.30.

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

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A number of equities analysts have weighed in on DISCK shares. BidaskClub downgraded Discovery Communications from a “sell” rating to a “strong sell” rating in a research report on Saturday. ValuEngine downgraded Discovery Communications from a “buy” rating to a “hold” rating in a research report on Friday, June 2nd. TheStreet downgraded Discovery Communications from a “b-” rating to a “c+” rating in a research report on Wednesday, May 17th. Zacks Investment Research raised Discovery Communications from a “hold” rating to a “buy” rating and set a $29.00 price target on the stock in a research report on Thursday, July 20th. Finally, Barrington Research reissued a “market perform” rating on shares of Discovery Communications in a research report on Tuesday, August 1st. One analyst has rated the stock with a sell rating, two have given a hold rating and one has assigned a buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of $29.00.

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 (FTA) and broadcast television, Websites, digital distribution arrangements and content licensing agreements. Its segments include U.S.

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

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