Shares of Discovery Communications, Inc. (NASDAQ:DISCK) have earned an average rating of “Hold” from the six analysts that are currently covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and one has given a buy recommendation to the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is $22.00.

A number of brokerages have weighed in on DISCK. Morgan Stanley lowered their price target 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 cut Discovery Communications from a “buy” rating to a “hold” rating in a research report on Friday, August 18th. ValuEngine cut Discovery Communications from a “buy” rating to a “hold” rating in a research report on Friday, September 1st. Finally, BidaskClub upgraded Discovery Communications from a “sell” rating to a “hold” rating in a research report on Thursday, December 7th.

Several institutional investors and hedge funds have recently modified their holdings of the company. BlackRock Inc. lifted its stake in Discovery Communications by 2.2% in the second 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 during the period. Hotchkis & Wiley Capital Management LLC lifted its stake in Discovery Communications by 25.3% in the third 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 during the period. State of Wisconsin Investment Board acquired a new position in Discovery Communications in the third quarter valued at about $136,312,000. Thompson Siegel & Walmsley LLC lifted its stake in Discovery Communications by 38.3% in the third 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 during the period. Finally, Seizert Capital Partners LLC lifted its stake in Discovery Communications by 15.9% in the third 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 during the period. 48.43% of the stock is currently owned by institutional investors and hedge funds.

Discovery Communications (DISCK) traded up $0.15 on Friday, hitting $18.65. The stock had a trading volume of 3,381,500 shares, compared to its average volume of 2,365,116. The company has a market capitalization of $7,012.50, a PE ratio of 8.89 and a beta of 1.42. The company has a current ratio of 5.87, a quick ratio of 5.87 and a debt-to-equity ratio of 2.56. Discovery Communications has a 1-year low of $14.99 and a 1-year high of $29.18.

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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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