Discovery Communications, Inc. (NASDAQ:DISCK) was the recipient of unusually large options trading on Friday. Investors bought 18,692 call options on the company. This represents an increase of approximately 5,513% compared to the typical volume of 333 call options.

A number of equities analysts have recently commented on DISCK shares. ValuEngine cut Discovery Communications from a “buy” rating to a “hold” rating in a report on Friday, September 1st. Zacks Investment Research cut Discovery Communications from a “hold” rating to a “sell” rating in a report on Tuesday, September 19th. Morgan Stanley dropped their price objective on Discovery Communications from $31.00 to $22.00 and set an “equal weight” rating for the company in a report on Thursday, October 26th. Finally, BidaskClub upgraded Discovery Communications from a “sell” rating to a “hold” rating in a report on Thursday, December 7th. One analyst has rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of $25.50.

Several institutional investors and hedge funds have recently added to or reduced their stakes in DISCK. Beach Investment Management LLC. bought a new position in shares of Discovery Communications in the 2nd quarter worth $832,000. Canada Pension Plan Investment Board increased its position in Discovery Communications by 66.8% during the 2nd quarter. Canada Pension Plan Investment Board now owns 198,400 shares of the company’s stock valued at $5,002,000 after buying an additional 79,490 shares in the last quarter. Schwab Charles Investment Management Inc. increased its position in Discovery Communications by 6.3% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 868,072 shares of the company’s stock valued at $21,885,000 after buying an additional 51,790 shares in the last quarter. First Trust Advisors LP increased its position in Discovery Communications by 24.7% during the 2nd quarter. First Trust Advisors LP now owns 139,982 shares of the company’s stock valued at $3,529,000 after buying an additional 27,714 shares in the last quarter. Finally, DekaBank Deutsche Girozentrale increased its position in Discovery Communications by 21.2% during the 2nd quarter. DekaBank Deutsche Girozentrale now owns 22,679 shares of the company’s stock valued at $594,000 after buying an additional 3,971 shares in the last quarter. 48.43% of the stock is owned by hedge funds and other institutional investors.

Shares of Discovery Communications (NASDAQ DISCK) opened at $19.75 on Monday. Discovery Communications has a 1-year low of $14.99 and a 1-year high of $29.18. The firm has a market capitalization of $7,486.32, a price-to-earnings ratio of 9.50 and a beta of 1.42. The company has a debt-to-equity ratio of 2.56, a current ratio of 5.87 and a quick ratio of 5.87.

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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.

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