Franklin Street Advisors Inc. NC acquired a new stake in Discovery Communications Inc. (NASDAQ:DISCK) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 18,830 shares of the company’s stock, valued at approximately $399,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. BlackRock Inc. increased its position in shares of Discovery Communications by 2.2% in the 2nd quarter. BlackRock Inc. now owns 13,737,088 shares of the company’s stock valued at $346,312,000 after buying an additional 289,985 shares in the last quarter. Hotchkis & Wiley Capital Management LLC increased its position in shares of Discovery Communications by 25.3% in the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 7,362,821 shares of the company’s stock valued at $149,171,000 after buying an additional 1,484,500 shares in the last quarter. State of Wisconsin Investment Board bought a new stake in shares of Discovery Communications in the 3rd quarter valued at $136,312,000. Thompson Siegel & Walmsley LLC increased its position in shares of Discovery Communications by 38.3% in the 3rd quarter. Thompson Siegel & Walmsley LLC now owns 4,733,199 shares of the company’s stock valued at $95,894,000 after buying an additional 1,310,637 shares in the last quarter. Finally, Seizert Capital Partners LLC increased its position in shares of Discovery Communications by 15.9% in the 3rd quarter. Seizert Capital Partners LLC now owns 3,750,499 shares of the company’s stock valued at $75,985,000 after buying an additional 513,183 shares in the last quarter. Institutional investors and hedge funds own 48.23% of the company’s stock.

DISCK has been the subject of a number of recent analyst reports. ValuEngine upgraded shares of Discovery Communications from a “hold” rating to a “buy” rating in a research report on Tuesday, October 10th. BidaskClub upgraded Discovery Communications from a “sell” rating to a “hold” rating in a report on Thursday, December 7th. Zacks Investment Research cut Discovery Communications from a “hold” rating to a “sell” rating in a report on Monday, October 30th. Finally, Morgan Stanley lowered their target price on Discovery Communications from $31.00 to $22.00 and set an “equal weight” rating for the company in a report on Thursday, October 26th. Five investment analysts have rated the stock with a hold rating, The stock has an average rating of “Hold” and a consensus target price of $25.50.

Discovery Communications Inc. (DISCK) opened at $21.69 on Thursday. The stock has a market capitalization of $8,450.00, a PE ratio of 17.08 and a beta of 1.42. The company has a debt-to-equity ratio of 2.56, a quick ratio of 5.87 and a current ratio of 5.87. Discovery Communications Inc. has a 1-year low of $14.99 and a 1-year high of $29.18.

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Discovery Communications Profile

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 (FTA) and broadcast television, Websites, digital distribution arrangements and content licensing agreements. Its segments include U.S.

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

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