Crossmark Global Holdings Inc. bought a new stake in Discovery Communications, Inc. (NASDAQ:DISCK) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 19,697 shares of the company’s stock, valued at approximately $399,000.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Swiss National Bank increased its stake in Discovery Communications by 0.8% in the second quarter. Swiss National Bank now owns 795,274 shares of the company’s stock valued at $20,049,000 after purchasing an additional 6,300 shares in the last quarter. Seizert Capital Partners LLC increased its stake in Discovery Communications by 11.2% in the second quarter. Seizert Capital Partners LLC now owns 3,237,316 shares of the company’s stock valued at $81,613,000 after purchasing an additional 325,593 shares in the last quarter. Mn Services Vermogensbeheer B.V. increased its stake in Discovery Communications by 482.6% in the second quarter. Mn Services Vermogensbeheer B.V. now owns 35,398 shares of the company’s stock valued at $892,000 after purchasing an additional 29,322 shares in the last quarter. First Trust Advisors LP increased its stake in Discovery Communications by 24.7% in the second quarter. First Trust Advisors LP now owns 139,982 shares of the company’s stock valued at $3,529,000 after purchasing an additional 27,714 shares in the last quarter. Finally, Andra AP fonden increased its stake in Discovery Communications by 18.9% in the second quarter. Andra AP fonden now owns 93,000 shares of the company’s stock valued at $2,345,000 after purchasing an additional 14,800 shares in the last quarter. Institutional investors and hedge funds own 49.49% of the company’s stock.

Shares of Discovery Communications, Inc. (NASDAQ DISCK) opened at $16.72 on Friday. 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 company has a market cap of $6,337.78, a PE ratio of 8.04 and a beta of 1.42. Discovery Communications, Inc. has a 52-week low of $14.99 and a 52-week high of $29.18.

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Several equities research analysts have weighed in on DISCK shares. BidaskClub downgraded shares of Discovery Communications from a “hold” rating to a “sell” rating in a research note on Thursday, July 27th. Barrington Research reaffirmed a “market perform” rating on shares of Discovery Communications in a research note on Tuesday, August 1st. Zacks Investment Research downgraded shares of Discovery Communications from a “buy” rating to a “hold” rating in a research report on Friday, August 18th. ValuEngine downgraded shares of Discovery Communications from a “buy” rating to a “hold” rating in a research report on Friday, September 1st. Finally, Morgan Stanley decreased their target price on shares of Discovery Communications from $31.00 to $22.00 and set an “equal weight” rating for the company in a research report on Thursday, October 26th. Two research analysts have rated the stock with a sell rating, two have given a hold rating and one has assigned a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of $25.50.

Discovery Communications Company 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.

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

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