Discovery Communications Inc. (NASDAQ:DISCK)’s share price was down 1.6% on Friday . The stock traded as low as $24.03 and last traded at $24.32, with a volume of 1,195,042 shares trading hands. The stock had previously closed at $24.72.

A number of equities analysts have recently commented on DISCK shares. Zacks Investment Research raised shares of Discovery Communications from a “hold” rating to a “strong-buy” rating and set a $30.00 price target on the stock in a research report on Wednesday, May 25th. Topeka Capital Markets lowered shares of Discovery Communications from a “buy” rating to a “hold” rating and dropped their price target for the company from $37.00 to $30.00 in a research report on Monday, April 25th.

The stock has a 50 day moving average of $25.00 and a 200 day moving average of $26.02. The company has a market cap of $10.42 billion and a price-to-earnings ratio of 14.96.

Several hedge funds have recently made changes to their positions in the stock. Norinchukin Bank The raised its stake in shares of Discovery Communications by 0.6% in the fourth quarter. Norinchukin Bank The now owns 45,093 shares of the company’s stock worth $1,137,000 after buying an additional 257 shares during the last quarter. Tributary Capital Management LLC raised its stake in shares of Discovery Communications by 50.3% in the fourth quarter. Tributary Capital Management LLC now owns 69,300 shares of the company’s stock worth $1,748,000 after buying an additional 23,200 shares during the last quarter. Andra AP fonden raised its stake in shares of Discovery Communications by 2.2% in the fourth quarter. Andra AP fonden now owns 82,300 shares of the company’s stock worth $2,076,000 after buying an additional 1,800 shares during the last quarter. Aberdeen Asset Management PLC UK raised its stake in shares of Discovery Communications by 39.2% in the fourth quarter. Aberdeen Asset Management PLC UK now owns 111,891 shares of the company’s stock worth $3,094,000 after buying an additional 31,506 shares during the last quarter. Finally, ProShare Advisors LLC raised its stake in shares of Discovery Communications by 2.8% in the fourth quarter. ProShare Advisors LLC now owns 128,690 shares of the company’s stock worth $3,246,000 after buying an additional 3,526 shares during the last quarter.

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 and broadcast television, Websites, digital distribution arrangements and content licensing agreements. Its segments are U.S.

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