Daiwa Securities Group Inc. held its stake in Discovery Communications, Inc. (NASDAQ:DISCK) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 6,370 shares of the company’s stock at the end of the second quarter. Daiwa Securities Group Inc.’s holdings in Discovery Communications were worth $161,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Teachers Advisors LLC raised its stake in Discovery Communications by 1.1% in the first quarter. Teachers Advisors LLC now owns 472,618 shares of the company’s stock valued at $13,380,000 after buying an additional 5,324 shares during the period. Mn Services Vermogensbeheer B.V. raised its stake in Discovery Communications by 482.6% in the second quarter. Mn Services Vermogensbeheer B.V. now owns 35,398 shares of the company’s stock valued at $892,000 after buying an additional 29,322 shares during the period. Macquarie Group Ltd. raised its stake in Discovery Communications by 1.5% in the fourth quarter. Macquarie Group Ltd. now owns 67,015 shares of the company’s stock valued at $1,795,000 after buying an additional 970 shares during the period. Xact Kapitalforvaltning AB raised its stake in Discovery Communications by 4.0% in the second quarter. Xact Kapitalforvaltning AB now owns 32,076 shares of the company’s stock valued at $809,000 after buying an additional 1,244 shares during the period. Finally, Bank of Montreal Can raised its stake in Discovery Communications by 1.7% in the first quarter. Bank of Montreal Can now owns 206,041 shares of the company’s stock valued at $5,833,000 after buying an additional 3,413 shares during the period. Institutional investors own 46.47% of the company’s stock.

Shares of Discovery Communications, Inc. (DISCK) opened at 21.25 on Monday. The stock has a market cap of $12.11 billion, a price-to-earnings ratio of 11.27 and a beta of 1.47. The stock’s 50 day moving average is $24.12 and its 200 day moving average is $26.18. Discovery Communications, Inc. has a 52 week low of $20.90 and a 52 week high of $29.18.

Discovery Communications (NASDAQ:DISCK) last issued its earnings results on Monday, July 31st. The company reported $0.68 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.72 by $0.04. The firm 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 analysts forecast that Discovery Communications, Inc. will post $2.24 EPS for the current year.

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Several equities research analysts have commented on DISCK shares. Zacks Investment Research lowered shares of Discovery Communications from a “hold” rating to a “sell” rating in a research note on Thursday, May 4th. ValuEngine lowered shares of Discovery Communications from a “buy” rating to a “hold” rating in a research note on Friday, June 2nd. BidaskClub upgraded shares of Discovery Communications from a “sell” rating to a “hold” rating in a research note on Tuesday, June 27th. Barrington Research reiterated a “market perform” rating on shares of Discovery Communications in a research note on Tuesday, August 1st. Finally, TheStreet lowered shares of Discovery Communications from a “b-” rating to a “c+” rating in a research note on Wednesday, May 17th. One analyst has rated the stock with a sell rating and three have assigned a hold rating to the company’s stock. Discovery Communications has an average rating of “Hold” and a consensus price target of $29.00.

Discovery Communications Company 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.

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

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