Exxonmobil Investment Management Inc. TX trimmed its holdings in Discovery Communications Inc. (NASDAQ:DISCK) by 12.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 32,314 shares of the company’s stock after selling 4,798 shares during the period. Exxonmobil Investment Management Inc. TX’s holdings in Discovery Communications were worth $684,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also made changes to their positions in the company. BB&T Investment Services Inc. purchased a new position in shares of Discovery Communications in the second quarter valued at about $102,000. Ontario Teachers Pension Plan Board purchased a new position in shares of Discovery Communications in the second quarter valued at about $196,000. Mint Tower Capital Management B.V. purchased a new position in shares of Discovery Communications in the third quarter valued at about $215,000. Gyroscope Capital Management Group LLC purchased a new position in shares of Discovery Communications in the third quarter valued at about $248,000. Finally, Weik Investment Services Inc. lifted its position in shares of Discovery Communications by 34.5% in the second quarter. Weik Investment Services Inc. now owns 9,950 shares of the company’s stock valued at $251,000 after acquiring an additional 2,550 shares in the last quarter. Institutional investors and hedge funds own 48.07% of the company’s stock.

Shares of Discovery Communications Inc. (NASDAQ:DISCK) opened at $24.23 on Friday. The company has a debt-to-equity ratio of 2.56, a current ratio of 5.87 and a quick ratio of 5.87. The company has a market capitalization of $8,869.86, a PE ratio of 12.69 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.

Discovery Communications (NASDAQ:DISCK) last posted its earnings results on Thursday, November 2nd. The company reported $0.43 EPS for the quarter, missing analysts’ consensus estimates of $0.53 by ($0.10). Discovery Communications had a return on equity of 22.24% and a net margin of 16.63%. analysts anticipate that Discovery Communications Inc. will post 2.17 EPS for the current fiscal year.

A number of equities research analysts recently commented on the company. ValuEngine downgraded Discovery Communications from a “buy” rating to a “hold” rating in a research report on Sunday, December 31st. Morgan Stanley decreased their target price on Discovery Communications from $31.00 to $22.00 and set an “equal weight” rating on the stock in a research report on Thursday, October 26th. Zacks Investment Research downgraded Discovery Communications from a “hold” rating to a “sell” rating in a research report on Monday, September 25th. Finally, BidaskClub upgraded Discovery Communications from a “hold” rating to a “buy” rating in a research report on Friday, December 22nd. Five analysts have rated the stock with a hold rating, The stock currently has an average rating of “Hold” and an average price target of $25.50.

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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 (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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