Discovery Communications, Inc. (NASDAQ:DISCK) traded down 14.5% on Friday . The stock traded as low as $16.01 and last traded at $15.48. 4,176,451 shares changed hands during trading, an increase of 17% from the average session volume of 3,558,892 shares. The stock had previously closed at $18.09.

Several equities research analysts recently weighed in on the stock. Barrington Research reaffirmed a “market perform” rating on shares of Discovery Communications in a research note on Tuesday, August 1st. Morgan Stanley cut their target price on shares of Discovery Communications from $31.00 to $22.00 and set an “equal weight” rating on the stock in a research note on Thursday, October 26th. Zacks Investment Research downgraded shares of Discovery Communications from a “buy” rating to a “hold” rating in a research note on Friday, August 18th. ValuEngine downgraded shares of Discovery Communications from a “buy” rating to a “hold” rating in a research note on Friday, September 1st. Finally, BidaskClub downgraded shares of Discovery Communications from a “hold” rating to a “sell” rating in a research note on Thursday, July 27th. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and one has assigned a buy rating to the company’s stock. Discovery Communications has an average rating of “Hold” and a consensus price target of $25.50.

The company has a debt-to-equity ratio of 2.56, a quick ratio of 1.89 and a current ratio of 5.87. The firm has a market capitalization of $5,832.15, a PE ratio of 7.40 and a beta of 1.42.

Several large investors have recently made changes to their positions in the business. BlackRock Inc. increased its position in shares of Discovery Communications by 2.2% in the 2nd quarter. BlackRock Inc. now owns 13,737,088 shares of the company’s stock valued at $346,312,000 after purchasing an additional 289,985 shares during the last quarter. State of Wisconsin Investment Board purchased a new stake in shares of Discovery Communications in the 3rd quarter valued at approximately $136,312,000. Hotchkis & Wiley Capital Management LLC increased its position in shares of Discovery Communications by 10.1% in the 2nd quarter. Hotchkis & Wiley Capital Management LLC now owns 5,878,321 shares of the company’s stock valued at $148,192,000 after purchasing an additional 537,357 shares during the last quarter. Seizert Capital Partners LLC increased its position in shares of Discovery Communications by 15.9% in the 3rd quarter. Seizert Capital Partners LLC now owns 3,750,499 shares of the company’s stock valued at $75,985,000 after purchasing an additional 513,183 shares during the last quarter. Finally, Thompson Siegel & Walmsley LLC increased its position in shares of Discovery Communications by 42.2% in the 2nd quarter. Thompson Siegel & Walmsley LLC now owns 3,422,562 shares of the company’s stock valued at $86,283,000 after purchasing an additional 1,016,006 shares during the last quarter. 45.66% of the stock is currently owned by institutional investors.

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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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