Discovery Communications (DISCK) Upgraded at BidaskClub

BidaskClub upgraded shares of Discovery Communications (NASDAQ:DISCK) from a hold rating to a buy rating in a report released on Friday.

Several other research analysts also recently commented on the company. Zacks Investment Research downgraded Discovery Communications from a hold rating to a sell rating in a research report on Monday, October 30th. ValuEngine downgraded Discovery Communications from a buy rating to a hold rating in a research report on Sunday, December 31st. Finally, Morgan Stanley lifted their price target on Discovery Communications from $22.00 to $29.00 and gave the stock an equal weight rating in a research report on Wednesday, January 31st. Four equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company. The stock currently has a consensus rating of Hold and a consensus target price of $29.00.

Discovery Communications (DISCK) opened at $22.65 on Friday. The company has a quick ratio of 5.87, a current ratio of 5.87 and a debt-to-equity ratio of 2.56. The company has a market capitalization of $8,585.57, a P/E ratio of 11.86 and a beta of 1.45. Discovery Communications has a 1 year low of $14.99 and a 1 year high of $29.18.

Large investors have recently made changes to their positions in the company. Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its holdings in shares of Discovery Communications by 46.0% during the 3rd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 22,871 shares of the company’s stock worth $463,000 after purchasing an additional 7,208 shares in the last quarter. Seizert Capital Partners LLC grew its holdings in shares of Discovery Communications by 15.9% during the 3rd quarter. Seizert Capital Partners LLC now owns 3,750,499 shares of the company’s stock worth $75,985,000 after purchasing an additional 513,183 shares in the last quarter. United States Steel & Carnegie Pension Fund grew its holdings in shares of Discovery Communications by 19.7% during the 3rd quarter. United States Steel & Carnegie Pension Fund now owns 3,043,056 shares of the company’s stock worth $61,652,000 after purchasing an additional 500,000 shares in the last quarter. Atlantic Trust Group LLC grew its holdings in shares of Discovery Communications by 8.6% during the 3rd quarter. Atlantic Trust Group LLC now owns 344,693 shares of the company’s stock worth $6,984,000 after purchasing an additional 27,242 shares in the last quarter. Finally, State of Wisconsin Investment Board acquired a new stake in shares of Discovery Communications during the 3rd quarter worth approximately $136,312,000. 51.23% 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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