DISCOVERY COMMUNICATIONS INC. Common Stock (NASDAQ:DISCA) General Counsel Savalle Sims sold 1,666 shares of the company’s stock in a transaction on Wednesday, September 12th. The stock was sold at an average price of $28.21, for a total transaction of $46,997.86. Following the completion of the sale, the general counsel now owns 208 shares of the company’s stock, valued at approximately $5,867.68. The transaction was disclosed in a filing with the SEC, which is available through this link.

DISCA traded up $0.34 during trading on Friday, hitting $32.18. 5,740,200 shares of the company traded hands, compared to its average volume of 5,103,128. The firm has a market cap of $16.04 billion, a P/E ratio of 14.42, a PEG ratio of 0.53 and a beta of 1.49. The company has a debt-to-equity ratio of 1.84, a quick ratio of 1.45 and a current ratio of 1.45. DISCOVERY COMMUNICATIONS INC. Common Stock has a one year low of $15.99 and a one year high of $32.65.

DISCOVERY COMMUNICATIONS INC. Common Stock (NASDAQ:DISCA) last posted its quarterly earnings results on Tuesday, August 7th. The company reported $0.66 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.84 by ($0.18). The company had revenue of $2.85 billion for the quarter, compared to the consensus estimate of $2.85 billion. DISCOVERY COMMUNICATIONS INC. Common Stock had a negative net margin of 8.28% and a positive return on equity of 17.68%. equities research analysts predict that DISCOVERY COMMUNICATIONS INC. Common Stock will post 2.63 earnings per share for the current fiscal year.

DISCA has been the subject of several recent analyst reports. Jefferies Financial Group upgraded shares of DISCOVERY COMMUNICATIONS INC. Common Stock from a “hold” rating to a “buy” rating and set a $20.00 target price for the company in a research note on Tuesday, August 21st. BidaskClub upgraded shares of DISCOVERY COMMUNICATIONS INC. Common Stock from a “buy” rating to a “strong-buy” rating in a research note on Friday, August 17th. Zacks Investment Research lowered shares of DISCOVERY COMMUNICATIONS INC. Common Stock from a “buy” rating to a “hold” rating in a research note on Wednesday, May 23rd. Barrington Research reiterated a “buy” rating and issued a $30.00 target price on shares of DISCOVERY COMMUNICATIONS INC. Common Stock in a research note on Friday, August 17th. Finally, Pivotal Research upgraded shares of DISCOVERY COMMUNICATIONS INC. Common Stock from a “hold” rating to a “buy” rating and upped their target price for the stock from $24.00 to $28.00 in a research note on Monday, June 4th. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average target price of $28.18.

Institutional investors and hedge funds have recently bought and sold shares of the stock. Summit Trail Advisors LLC grew its position in DISCOVERY COMMUNICATIONS INC. Common Stock by 1,800.6% during the first quarter. Summit Trail Advisors LLC now owns 310,715 shares of the company’s stock valued at $311,000 after buying an additional 294,367 shares during the period. New Amsterdam Partners LLC NY grew its position in DISCOVERY COMMUNICATIONS INC. Common Stock by 4.6% during the second quarter. New Amsterdam Partners LLC NY now owns 119,555 shares of the company’s stock valued at $3,288,000 after buying an additional 5,246 shares during the period. M&T Bank Corp grew its position in DISCOVERY COMMUNICATIONS INC. Common Stock by 33.0% during the first quarter. M&T Bank Corp now owns 25,878 shares of the company’s stock valued at $554,000 after buying an additional 6,420 shares during the period. Pegasus Partners Ltd. grew its position in DISCOVERY COMMUNICATIONS INC. Common Stock by 106.7% during the first quarter. Pegasus Partners Ltd. now owns 221,138 shares of the company’s stock valued at $4,739,000 after buying an additional 114,176 shares during the period. Finally, Strs Ohio grew its position in DISCOVERY COMMUNICATIONS INC. Common Stock by 0.5% during the second quarter. Strs Ohio now owns 1,685,726 shares of the company’s stock valued at $46,357,000 after buying an additional 8,647 shares during the period. Institutional investors own 37.34% of the company’s stock.

About DISCOVERY COMMUNICATIONS INC. Common Stock

Discovery, Inc operates as a media company worldwide. The company operates through U.S. Networks, International Networks, and Education and Other segments. It owns and operates various television networks under the Discovery Channel, TLC, Animal Planet, Investigation Discovery, Science Channel, Velocity, Discovery Family Channel, Destination America, American Heroes Channel, Discovery Life, The Oprah Winfrey Network, Eurosport, Discovery Kids, DMAX, and Discovery Home & Health brands, as well as other regional television networks.

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