Discovery Communications, Inc. (NASDAQ:DISCK) Stake Held by Public Employees Retirement System of Ohio

Public Employees Retirement System of Ohio maintained its position in Discovery Communications, Inc. (NASDAQ:DISCK) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 100,455 shares of the company’s stock at the end of the first quarter. Public Employees Retirement System of Ohio’s holdings in Discovery Communications were worth $2,844,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the stock. Meeder Asset Management Inc. purchased a new stake in shares of Discovery Communications during the first quarter worth approximately $178,000. Daiwa Securities Group Inc. boosted its stake in shares of Discovery Communications by 17.5% in the first quarter. Daiwa Securities Group Inc. now owns 6,370 shares of the company’s stock worth $180,000 after buying an additional 950 shares during the period. Quantbot Technologies LP boosted its stake in shares of Discovery Communications by 1,035.8% in the first quarter. Quantbot Technologies LP now owns 6,622 shares of the company’s stock worth $187,000 after buying an additional 6,039 shares during the period. Trust Co. of Oklahoma purchased a new stake in shares of Discovery Communications during the first quarter worth approximately $209,000. Finally, Weik Investment Services Inc. purchased a new stake in shares of Discovery Communications during the first quarter worth approximately $209,000. Hedge funds and other institutional investors own 47.41% of the company’s stock.

Discovery Communications, Inc. (NASDAQ DISCK) opened at 25.56 on Tuesday. The stock has a market cap of $11.32 billion, a PE ratio of 13.37 and a beta of 1.49. The company’s 50 day moving average price is $25.30 and its 200 day moving average price is $26.96. Discovery Communications, Inc. has a 12 month low of $23.24 and a 12 month high of $29.18.

Discovery Communications (NASDAQ:DISCK) last announced its earnings results on Tuesday, May 9th. The company reported $0.41 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.50 by $0.09. Discovery Communications had a return on equity of 23.67% and a net margin of 17.50%. The firm had revenue of $1.61 billion during the quarter. Equities analysts forecast that Discovery Communications, Inc. will post $2.26 EPS for the current fiscal year.

WARNING: “Discovery Communications, Inc. (NASDAQ:DISCK) Stake Held by Public Employees Retirement System of Ohio” was first published by Sports Perspectives and is the sole property of of Sports Perspectives. If you are reading this piece of content on another site, it was illegally copied and reposted in violation of US & international trademark and copyright legislation. The correct version of this piece of content can be read at https://sportsperspectives.com/2017/07/18/discovery-communications-inc-nasdaqdisck-stake-held-by-public-employees-retirement-system-of-ohio.html.

DISCK has been the subject of a number of research reports. TheStreet raised Discovery Communications from a “c+” rating to a “b-” rating in a research note on Monday, April 10th. BidaskClub raised Discovery Communications from a “sell” rating to a “hold” rating in a research note on Tuesday, June 27th. ValuEngine cut Discovery Communications from a “buy” rating to a “hold” rating in a research note on Friday, June 2nd. Finally, Zacks Investment Research cut Discovery Communications from a “hold” rating to a “sell” rating in a research note on Thursday, May 4th.

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.

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

Receive News & Ratings for Discovery Communications Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Discovery Communications Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply