Hosking Partners LLP lifted its holdings in Discovery Communications Inc. (NASDAQ:DISCA) by 7.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 774,339 shares of the company’s stock after acquiring an additional 53,816 shares during the quarter. Hosking Partners LLP’s holdings in Discovery Communications were worth $17,330,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in DISCA. Bank of New York Mellon Corp increased its stake in shares of Discovery Communications by 12.2% in the third quarter. Bank of New York Mellon Corp now owns 11,966,987 shares of the company’s stock worth $254,779,000 after acquiring an additional 1,297,175 shares during the period. Alyeska Investment Group L.P. acquired a new stake in shares of Discovery Communications in the third quarter worth $19,118,000. Teacher Retirement System of Texas increased its stake in shares of Discovery Communications by 262.9% in the fourth quarter. Teacher Retirement System of Texas now owns 897,148 shares of the company’s stock worth $20,078,000 after acquiring an additional 649,929 shares during the period. Alpine Associates Management Inc. acquired a new stake in shares of Discovery Communications in the third quarter worth $10,115,000. Finally, Dimensional Fund Advisors LP grew its position in Discovery Communications by 25.6% during the third quarter. Dimensional Fund Advisors LP now owns 1,881,497 shares of the company’s stock valued at $40,058,000 after buying an additional 383,048 shares during the period. Hedge funds and other institutional investors own 47.91% of the company’s stock.

Discovery Communications Inc. (DISCA) opened at $23.53 on Wednesday. The company has a current ratio of 5.87, a quick ratio of 5.87 and a debt-to-equity ratio of 2.56. The stock has a market cap of $8,752.36, a price-to-earnings ratio of 11.10, a price-to-earnings-growth ratio of 1.18 and a beta of 1.57. Discovery Communications Inc. has a twelve month low of $15.99 and a twelve month high of $30.25.

Several analysts recently commented on the stock. B. Riley restated a “neutral” rating and set a $19.00 price target (down previously from $23.00) on shares of Discovery Communications in a research report on Wednesday, November 1st. ValuEngine lowered shares of Discovery Communications from a “buy” rating to a “hold” rating in a research report on Friday, February 2nd. Wells Fargo & Co restated a “market perform” rating and set a $25.00 price target (up previously from $18.00) on shares of Discovery Communications in a research report on Thursday, January 4th. BidaskClub upgraded shares of Discovery Communications from a “hold” rating to a “buy” rating in a research report on Tuesday, January 23rd. Finally, Royal Bank of Canada raised their price target on shares of Discovery Communications to $29.00 and gave the company an “outperform” rating in a research report on Thursday, January 18th. Three equities research analysts have rated the stock with a sell rating, fourteen have issued a hold rating and six have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $24.44.

In other news, insider Bruce Campbell sold 3,047 shares of the firm’s stock in a transaction dated Wednesday, December 13th. The shares were sold at an average price of $18.17, for a total value of $55,363.99. Following the transaction, the insider now directly owns 43,173 shares of the company’s stock, valued at $784,453.41. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director John C. Malone purchased 332,523 shares of the firm’s stock in a transaction dated Wednesday, December 13th. The stock was acquired at an average cost of $19.72 per share, for a total transaction of $6,557,353.56. Following the completion of the purchase, the director now owns 671,095 shares of the company’s stock, valued at approximately $13,233,993.40. The disclosure for this purchase can be found here. Company insiders own 6.81% of the company’s stock.

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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:DISCA)

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