Discovery Communications Inc. (NASDAQ:DISCK) was up 4.7% on Tuesday . The company traded as high as $25.63 and last traded at $25.33, with a volume of 2,577,762 shares traded. The stock had previously closed at $24.19.

A number of equities research analysts recently weighed in on DISCK shares. Zacks Investment Research cut Discovery Communications from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 26th. Topeka Capital Markets cut Discovery Communications from a “buy” rating to a “hold” rating and decreased their price target for the company from $37.00 to $30.00 in a research note on Monday, April 25th.

The firm has a market capitalization of $10.89 billion and a P/E ratio of 15.63. The company’s 50 day moving average price is $24.34 and its 200-day moving average price is $25.98.

Several hedge funds have recently bought and sold shares of the stock. Norinchukin Bank The increased its stake in Discovery Communications by 0.6% in the fourth quarter. Norinchukin Bank The now owns 45,093 shares of the company’s stock valued at $1,137,000 after buying an additional 257 shares during the last quarter. Andra AP fonden increased its stake in Discovery Communications by 2.2% in the fourth quarter. Andra AP fonden now owns 82,300 shares of the company’s stock valued at $2,076,000 after buying an additional 1,800 shares in the last quarter. Mizuho Trust & Banking Co. Ltd. increased its stake in Discovery Communications by 0.6% in the fourth quarter. Mizuho Trust & Banking Co. Ltd. now owns 398,287 shares of the company’s stock valued at $9,981,000 after buying an additional 2,459 shares in the last quarter. First Trust Advisors LP increased its stake in Discovery Communications by 17.9% in the fourth quarter. First Trust Advisors LP now owns 178,152 shares of the company’s stock valued at $4,493,000 after buying an additional 26,986 shares in the last quarter. Finally, Aberdeen Asset Management PLC UK increased its stake in Discovery Communications by 39.2% in the fourth quarter. Aberdeen Asset Management PLC UK now owns 111,891 shares of the company’s stock valued at $3,094,000 after buying an additional 31,506 shares in 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.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.