5.58 % to Target, Jefferies & Co Keeps ‘Hold’ Rating on Discovery Communications (NDAQ:DISCA) Shares Today

June 19, 2017 - By Linda Rogers

 5.58 % to Target, Jefferies & Co Keeps ‘Hold’ Rating on Discovery Communications (NDAQ:DISCA) Shares Today

Investors sentiment increased to 0.88 in Q4 2016. Its up 0.26, from 0.62 in 2016Q3. It is positive, as 44 investors sold Discovery Communications Inc. shares while 196 reduced holdings. 75 funds opened positions while 136 raised stakes. 207.97 million shares or 0.51% more from 206.91 million shares in 2016Q3 were reported.

Commonwealth Fincl Services Limited Liability has 0% invested in Discovery Communications Inc. (NASDAQ:DISCA) for 199 shares. 8,443 are held by Cim Invest Mangement. Dreman Value L L C owns 14,518 shares. California Public Employees Retirement reported 0.03% in Discovery Communications Inc. (NASDAQ:DISCA). Tocqueville Asset Mgmt Ltd Partnership has invested 0.01% in Discovery Communications Inc. (NASDAQ:DISCA). Waldron Limited Partnership invested 0.14% of its portfolio in Discovery Communications Inc. (NASDAQ:DISCA). Zacks Inv Mngmt has invested 0.01% in Discovery Communications Inc. (NASDAQ:DISCA). Canada Pension Plan Invest Board accumulated 55,300 shares. Vnbtrust National Association, a Virginia-based fund reported 355,476 shares. Capstone Asset Mngmt reported 21,762 shares stake. Bartlett Company Ltd Company has invested 0.01% of its portfolio in Discovery Communications Inc. (NASDAQ:DISCA). Ancora Advisors Limited Co reported 695 shares. Oak Limited Oh holds 0.02% or 7,800 shares in its portfolio. State Street reported 0.02% in Discovery Communications Inc. (NASDAQ:DISCA). Boothbay Fund Management Ltd Company holds 0.08% of its portfolio in Discovery Communications Inc. (NASDAQ:DISCA) for 8,924 shares.

Since May 10, 2017, it had 0 buys, and 2 sales for $353,199 activity. 8,832 Discovery Communications Inc. (NASDAQ:DISCA) shares with value of $229,426 were sold by GOULD PAUL A.

Discovery Communications (NDAQ:DISCA) Rating Reaffirmed

In analysts note sent to investors on 16 June, The Hold rating of Discovery Communications (NDAQ:DISCA) shares was reiterated by Jefferies & Co, who now has a $28.00 target price per share on the stock. Jefferies & Co’s target price per share suggests a possible upside of 5.58 % from the last close price of the company.

Investors sentiment increased to 0.88 in Q4 2016. Its up 0.26, from 0.62 in 2016Q3. It is positive, as 44 investors sold Discovery Communications Inc. shares while 196 reduced holdings. 75 funds opened positions while 136 raised stakes. 207.97 million shares or 0.51% more from 206.91 million shares in 2016Q3 were reported.

Commonwealth Fincl Services Limited Liability has 0% invested in Discovery Communications Inc. (NASDAQ:DISCA) for 199 shares. 8,443 are held by Cim Invest Mangement. Dreman Value L L C owns 14,518 shares. California Public Employees Retirement reported 0.03% in Discovery Communications Inc. (NASDAQ:DISCA). Tocqueville Asset Mgmt Ltd Partnership has invested 0.01% in Discovery Communications Inc. (NASDAQ:DISCA). Waldron Limited Partnership invested 0.14% of its portfolio in Discovery Communications Inc. (NASDAQ:DISCA). Zacks Inv Mngmt has invested 0.01% in Discovery Communications Inc. (NASDAQ:DISCA). Canada Pension Plan Invest Board accumulated 55,300 shares. Vnbtrust National Association, a Virginia-based fund reported 355,476 shares. Capstone Asset Mngmt reported 21,762 shares stake. Bartlett Company Ltd Company has invested 0.01% of its portfolio in Discovery Communications Inc. (NASDAQ:DISCA). Ancora Advisors Limited Co reported 695 shares. Oak Limited Oh holds 0.02% or 7,800 shares in its portfolio. State Street reported 0.02% in Discovery Communications Inc. (NASDAQ:DISCA). Boothbay Fund Management Ltd Company holds 0.08% of its portfolio in Discovery Communications Inc. (NASDAQ:DISCA) for 8,924 shares.

Since May 10, 2017, it had 0 buys, and 2 sales for $353,199 activity. 8,832 Discovery Communications Inc. (NASDAQ:DISCA) shares with value of $229,426 were sold by GOULD PAUL A.

Discovery Communications Inc. (NASDAQ:DISCA) Ratings Coverage

Among 3 analysts covering Discovery Communications (NDAQ:DISCA), 0 have Buy rating, 0 Sell and 3 Hold. Therefore 0 are positive. Discovery Communications has $32 highest and $28 lowest target. $30’s average target is 13.08% above currents $26.53 stock price. Discovery Communications had 4 analyst reports since February 10, 2017 according to SRatingsIntel. The rating was maintained by Jefferies with “Hold” on Monday, May 15. The rating was initiated by Deutsche Bank on Friday, February 10 with “Hold”. Jefferies maintained Discovery Communications Inc. (NASDAQ:DISCA) on Friday, June 16 with “Hold” rating. On Thursday, April 20 the stock rating was upgraded by Citigroup to “Neutral”.

About 164,342 shares traded. Discovery Communications Inc. (NDAQ:DISCA) has declined 0.88% since June 19, 2016 and is downtrending. It has underperformed by 17.58% the S&P500.

Discovery Communications, Inc. is a global media company. The company has market cap of $10.04 billion. The Firm 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. It has a 13.94 P/E ratio. The Company’s divisions include U.S.

Another recent and important Discovery Communications Inc. (NASDAQ:DISCA) news was published by Zacks.com which published an article titled: “Is Discovery Communications (DISCA) a Great Value Stock?” on June 07, 2017.

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