Published: Wed, January 17, 2018
Sci-tech | By Brandy Patterson

Discovery Communications, Inc. (DISCA) Shares Bought by BlackRock Inc


Robeco Institutional Asset Management B.V. now owns 112,698 shares of the company's stock valued at $3,034,000 after buying an additional 95,288 shares during the last quarter. The stock increased 1.33% or $0.32 during the last trading session, reaching $24.33. About 774,414 shares traded. Grifols, S.A. (NASDAQ:GRFS) has risen 47.59% since January 12, 2017 and is uptrending. It has outperformed by 8.44% the S&P500.

In other Discovery Communications news, insider Bruce Campbell sold 15,976 shares of the business's stock in a transaction that occurred on Wednesday, December 20th. (NASDAQ:DISCA) news were published by: Nasdaq.com which released: "Discovery Communications, Inc". The Alabama-based Cornerstone has invested 0.09% in The Latin American Discovery Fund, Inc. The institutional investor held 2,410 shares of the department and specialty retail stores company at the end of 2017Q3, valued at $395.94 million, up from 2,406 at the end of the previous reported quarter. Discovery Communications, Inc. (NASDAQ:DISCA)'s short interest is 34.21 million shares, or 9.38% of the float. It has underperformed by 16.38% the S&P500.

Analysts believe that the company has the potential to earn average revenue of $1.77 Billion for the current quarter. BlackRock Inc.'s holdings in Discovery Communications were worth $7,413,000 as of its most recent SEC filing. (Nasdaq: "DISCA) to Ring the Nasdaq Stock Market ..." on December 22, 2017. The insider WARGO J DAVID bought $1.86M. Following the completion of the acquisition, the director now owns 671,095 shares in the company, valued at $13,233,993.40.

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Choate Investment Advisors, which manages about $3.44B and $1850.04 billion US Long portfolio, decreased its stake in Kroger Co (NYSE:KR) by 1,600 shares to 69,750 shares, valued at $1.40 billion in 2017Q3, according to the filing. Verisign Inc (NASDAQ:VRSN) was raised too.

Short interest is another tool that analysts use to gauge investor sentiment. Its up 0.10, from 0.82 in 2017Q2. Arizona State Retirement System increased its holdings in shares of Discovery Communications by 0.8% in the second quarter. Sold All: 65 Reduced: 163 Increased: 152 New Position: 57. Clair Mark I had sold 4,880 shares worth $195,200. Proshare Advsrs Ltd Liability, Maryland-based fund reported 88,905 shares. Deutsche Bank maintained the shares of TEX in report on Friday, July 31 with "Buy" rating. 15,600 were accumulated by Tributary Cap Management Limited.

Discovery Communications, Inc. operates as a media firm worldwide.

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Several equities analysts recently weighed in on DISCA shares. Discovery Communications Inc. The company has a quick ratio of 5.87, a current ratio of 5.87 and a debt-to-equity ratio of 2.56. (NASDAQ:DISCA). Quantres Asset owns 0.46% invested in Discovery Communications, Inc. Berkshire Asset Management Limited Liability Company Pa stated it has 51,080 shares. Brown Advisory Incorporated owns 185,088 shares. Discovery Communications has a fifty-two week low of $15.99 and a fifty-two week high of $30.25. (NASDAQ:DISCA). Td Asset Mngmt invested 0.04% in Discovery Communications, Inc. (NASDAQ:DISCA) shares with value of $2.03 million were bought by MALONE JOHN C. Chevy Chase Trust stated it has 179,732 shares. Moreover, Engineers Gate Manager L P has 0.02% invested in Discovery Communications, Inc. (NASDAQ:DISCA) for 33,900 shares. The firm earned "Hold" rating on Thursday, September 14 by Credit Suisse. Adage Prns Gru Lc accumulated 308,756 shares. Daiwa Securities Grp Inc holds 6,411 shares.

ILLEGAL ACTIVITY NOTICE: "Discovery Communications Inc". The company reported $0.43 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.55 by ($0.12). Prelude Capital Mgmt Ltd Limited Liability Company holds 0.06% or 32,674 shares. Zacks Investment Research lowered shares of Discovery Communications from a "hold" rating to a "strong sell" rating in a report on Tuesday, November 7th. Therefore 23% are positive. Terex Corporation had 75 analyst reports since July 22, 2015 according to SRatingsIntel. The stock's average target of $25.70 is 5.63% above today's ($24.33) share price. Moreover, Fjarde Ap has 0.02% invested in Discovery Communications, Inc. (NASDAQ:DISCA) traded down 1.01% during midday trading on Friday, hitting $27.41. (NASDAQ:DISCA) on Friday, February 19 with "Buy" rating. OLD National Bancorp IN bought a new position in Discovery Communications during the 3rd quarter worth $222,000. (NASDAQ:DISCA) rating on Tuesday, October 27. The rating was maintained by FBR Capital with "Mkt Perform" on Friday, February 19. The company was maintained on Thursday, January 4 by Wells Fargo. The firm has "Neutral" rating given on Wednesday, November 4 by UBS. The rating was maintained by Barclays Capital with "Buy" on Sunday, August 16. On Wednesday, September 6 the stock rating was maintained by Cowen & Co with "Hold". It also reduced its holding in Schlumberger Ltd (NYSE:SLB) by 80 shares in the quarter, leaving it with 14,436 shares, and cut its stake in Spdr S&P Dividend Etf (SDY). Four analysts have rated the stock with a sell rating, fourteen have issued a hold rating and five have given a buy rating to the company. Therefore 80% are positive. Shaw Comms had 10 analyst reports since October 20, 2015 according to SRatingsIntel. The company was upgraded on Monday, January 18 by Bank of America. The stock of Grifols, S.A. (NASDAQ:GRFS) has "Underweight" rating given on Monday, January 4 by Morgan Stanley. As per Tuesday, January 2, the company rating was upgraded by Barrington.

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