Revenue Estimates Analysis Of Discovery Communications, Inc. (DISCA)


Discovery Education soon to be in the hands of a new owner

Discovery Communications comprises approximately 1.4% of Oak Grove Capital LLC's portfolio, making the stock its 21st largest holding. (NASDAQ:DISCA). Stifel Finance Corporation invested in 78,932 shares.

The closing of the proposed transaction remains subject to completion of review in Ireland and other customary closing conditions.

Other hedge funds also recently bought and sold shares of the company. Swiss National Bank owned about 0.20% of Discovery Communications worth $16,338,000 at the end of the most recent quarter. Net profit margin of Discovery Communications, Inc. Lafayette Investments Inc. lifted its holdings in Discovery Communications by 30.7% during the 4th quarter. FDx Advisors Inc. now owns 25,243 shares of the company's stock worth $537,000 after acquiring an additional 15,875 shares during the last quarter. United States Steel & Carnegie Pension Fund grew its holdings in shares of Discovery Communications by 19.7% in the third quarter. Dimensional Fund Advisors LP now owns 1,881,497 shares of the company's stock valued at $40,058,000 after buying an additional 383,048 shares during the last quarter. Jefferies maintained the shares of DISCA in report on Thursday, November 2 with "Hold" rating. Morgan Stanley boosted their price objective on Discovery Communications from $22.00 to $29.00 and gave the company an "equal weight" rating in a research report on Wednesday, January 31st. Zacks Investment Research raised shares of Discovery Communications from a "sell" rating to a "hold" rating in a research report on Wednesday, January 24th.

On 12/20/2017 Bruce Campbell, Insider, sold 15,976 with an average share price of $21.50 per share and the total transaction amounting to $343,484.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director John C. Malone bought 332,523 shares of Discovery Communications stock in a transaction dated Wednesday, December 13th. Following the completion of the transaction, the insider now owns 43,173 shares in the company, valued at $784,453.41. The disclosure for this purchase can be found here.

The stock's current distance from 20-Day Simple Moving Average (SMA20) is 4.69% where SMA50 and SMA200 are 7.07% and 10.21% respectively. Insiders own 6.81% of the company's stock. Discovery Communications, Inc. (NASDAQ:DISCA) has declined 0.88% since February 28, 2017 and is downtrending. (NASDAQ:DISCK) opened at $22.39 on Thursday. The company has a debt-to-equity ratio of 3.20, a current ratio of 5.34 and a quick ratio of 5.34.

Discovery Communications Inc. has a 52 week low of $14.99 and a 52 week high of $29.18. (NASDAQ DISCK) traded up $0.92 during midday trading on Tuesday, hitting $24.75. The company reported the earnings of $0.43/Share in the last quarter where the estimated EPS by analysts was $0.54/share.

Sell side analysts plays vital role in buying and selling a stock where 2 analysts rated Discovery Communications, Inc. The Return on Equity (ROE) value stands at 13.6%. They expect $0.65 earnings per share, up 10.17% or $0.06 from last year's $0.59 per share.

COPYRIGHT VIOLATION WARNING: This article was originally published by Week Herald and is the sole property of of Week Herald. If you are viewing this piece of content on another domain, it was illegally copied and republished in violation of USA & worldwide copyright and trademark legislation. Thompson Siegel & Walmsley LLC raised its holdings in shares of Discovery Communications by 38.3% during the third quarter. The edtech community nominated and then voted to enshrine this product - as well as Discovery Education's Goodwyn - in the time capsule. 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. The firm operates through U.S. It has a 12.9 P/E ratio.

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