Oppenheimer & Co. Inc. raised its position in shares of Discovery Communications Inc. (NASDAQ:DISCK) by 3.2% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 132,010 shares of the company’s stock after buying an additional 4,101 shares during the period. Oppenheimer & Co. Inc.’s holdings in Discovery Communications were worth $3,473,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of DISCK. Advantus Capital Management Inc boosted its stake in shares of Discovery Communications by 0.4% in the second quarter. Advantus Capital Management Inc now owns 23,433 shares of the company’s stock worth $559,000 after buying an additional 100 shares during the last quarter. Stephens Inc. AR boosted its position in Discovery Communications by 1.0% in the second quarter. Stephens Inc. AR now owns 12,245 shares of the company’s stock valued at $292,000 after buying an additional 125 shares during the last quarter. First Allied Advisory Services Inc. boosted its position in Discovery Communications by 2.7% in the second quarter. First Allied Advisory Services Inc. now owns 11,018 shares of the company’s stock valued at $258,000 after buying an additional 285 shares during the last quarter. Bank of Hawaii boosted its position in Discovery Communications by 1.6% in the second quarter. Bank of Hawaii now owns 32,874 shares of the company’s stock valued at $784,000 after buying an additional 505 shares during the last quarter. Finally, Veritable L.P. boosted its position in Discovery Communications by 1.3% in the second quarter. Veritable L.P. now owns 53,696 shares of the company’s stock valued at $1,281,000 after buying an additional 667 shares during the last quarter. Institutional investors own 48.13% of the company’s stock.

Institutional Ownership by Quarter for Discovery Communications (NASDAQ:DISCK)

Shares of Discovery Communications Inc. (NASDAQ:DISCK) traded down 2.51% during mid-day trading on Wednesday, reaching $26.44. The company’s stock had a trading volume of 3,195,312 shares. The firm has a market capitalization of $12.08 billion, a PE ratio of 14.95 and a beta of 1.49. The firm has a 50-day moving average of $25.64 and a 200-day moving average of $25.24. Discovery Communications Inc. has a 52 week low of $22.43 and a 52 week high of $29.90.

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Separately, Zacks Investment Research raised Discovery Communications from a “sell” rating to a “hold” rating in a research note on Thursday, November 24th.

About Discovery Communications

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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