Lawson Kroeker Investment Management Inc. NE Sells 66,825 Shares of Discovery Communications Inc. (DISCK)

Lawson Kroeker Investment Management Inc. NE lowered its stake in Discovery Communications Inc. (NASDAQ:DISCK) by 25.1% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 199,310 shares of the company’s stock after selling 66,825 shares during the quarter. Discovery Communications makes up about 1.4% of Lawson Kroeker Investment Management Inc. NE’s holdings, making the stock its 27th biggest position. Lawson Kroeker Investment Management Inc. NE owned about 0.05% of Discovery Communications worth $4,219,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently bought and sold shares of DISCK. HighTower Advisors LLC raised its holdings in Discovery Communications by 0.6% in the 2nd quarter. HighTower Advisors LLC now owns 192,293 shares of the company’s stock valued at $4,849,000 after acquiring an additional 1,111 shares during the last quarter. Profund Advisors LLC raised its holdings in Discovery Communications by 6.5% in the 2nd quarter. Profund Advisors LLC now owns 19,471 shares of the company’s stock valued at $491,000 after acquiring an additional 1,192 shares during the last quarter. Franklin Resources Inc. raised its holdings in Discovery Communications by 16.3% in the 2nd quarter. Franklin Resources Inc. now owns 12,881 shares of the company’s stock valued at $325,000 after acquiring an additional 1,803 shares during the last quarter. Weik Investment Services Inc. raised its holdings in Discovery Communications by 34.5% in the 2nd quarter. Weik Investment Services Inc. now owns 9,950 shares of the company’s stock valued at $251,000 after acquiring an additional 2,550 shares during the last quarter. Finally, Nippon Life Insurance Co. raised its holdings in Discovery Communications by 8.3% in the 3rd quarter. Nippon Life Insurance Co. now owns 37,203 shares of the company’s stock valued at $754,000 after acquiring an additional 2,867 shares during the last quarter. 48.07% of the stock is currently owned by hedge funds and other institutional investors.

Several research analysts have weighed in on the company. BidaskClub upgraded Discovery Communications from a “hold” rating to a “buy” rating in a report on Friday, December 22nd. ValuEngine downgraded Discovery Communications from a “buy” rating to a “hold” rating in a report on Sunday, December 31st. Zacks Investment Research upgraded Discovery Communications from a “strong sell” rating to a “hold” rating in a report on Tuesday, January 9th. Finally, Morgan Stanley dropped their price objective on Discovery Communications from $31.00 to $22.00 and set an “equal weight” rating for the company in a report on Thursday, October 26th. Five research analysts have rated the stock with a hold rating, Discovery Communications has an average rating of “Hold” and an average price target of $25.50.

Discovery Communications Inc. (NASDAQ:DISCK) traded up $0.20 during mid-day trading on Wednesday, hitting $23.20. The stock had a trading volume of 4,772,900 shares, compared to its average volume of 3,706,130. The firm has a market cap of $8,990.00, a P/E ratio of 18.27 and a beta of 1.42. The company has a current ratio of 5.87, a quick ratio of 5.87 and a debt-to-equity ratio of 2.56. Discovery Communications Inc. has a 1-year low of $14.99 and a 1-year high of $29.18.

Discovery Communications (NASDAQ:DISCK) last released its quarterly earnings data on Thursday, November 2nd. The company reported $0.43 EPS for the quarter, missing analysts’ consensus estimates of $0.53 by ($0.10). Discovery Communications had a return on equity of 22.24% and a net margin of 16.63%. equities analysts forecast that Discovery Communications Inc. will post 2.17 earnings per share for the current year.

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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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