December 1, 2016 - By Ellis Scott · 0 Comments
The stock of Discovery Communications Srs A (NASDAQ:DISCA) registered a decrease of 7.98% in short interest. DISCA’s total short interest was 25.59 million shares in December as published by FINRA. Its down 7.98% from 27.81M shares, reported previously. With 3.49 million shares average volume, it will take short sellers 7 days to cover their DISCA’s short positions. The short interest to Discovery Communications Srs A’s float is 8.78%. The stock decreased 2.03% or $0.56 during the last trading session, hitting $27.09. Discovery Communications Inc. (NASDAQ:DISCA) has declined 3.77% since April 28, 2016 and is downtrending. It has underperformed by 9.69% the S&P500.
Discovery Communications, Inc., is a global media company. The company has a market cap of $10.80 billion. The Firm provides content across multiple distribution platforms, including pay-television (pay-TV), free-to-air and broadcast television, Websites, digital distribution arrangements and content licensing agreements. It has a 15.21 P/E ratio. The Company’s divisions are U.S.
Insitutional Activity: The institutional sentiment decreased to 0.62 in 2016 Q2. Its down 0.21, from 0.83 in 2016Q1. The ratio dived, as 46 funds sold all Discovery Communications Inc. shares owned while 198 reduced positions. 62 funds bought stakes while 140 increased positions. They now own 221.89 million shares or 10.95% less from 249.17 million shares in 2016Q1.
Panagora Asset Mgmt last reported 0.01% of its portfolio in the stock. Mutual Of America Cap Mngmt Llc, a New York-based fund reported 27,828 shares. Bourgeon Cap Mgmt Limited Liability Corporation last reported 0.23% of its portfolio in the stock. Credit Agricole S A holds 0% or 50,285 shares in its portfolio. State Treasurer State Of Michigan accumulated 82,977 shares or 0.02% of the stock. First Republic Inv Management has 0.01% invested in the company for 30,360 shares. Wfg L P reported 94 shares or 0% of all its holdings. Hawkins Ltd Partnership has 2.93% invested in the company for 368,300 shares. Barclays Public Limited Com has 0% invested in the company for 94,636 shares. Mufg Americas Corp, a New York-based fund reported 245 shares. Calamos Advsr Llc last reported 0% of its portfolio in the stock. Gsa Prtn Limited Liability Partnership accumulated 34,035 shares or 0.05% of the stock. Delta Lloyd Nv has 13,934 shares for 0.01% of their US portfolio. Stifel Fincl Corporation holds 0.01% of its portfolio in Discovery Communications Inc. (NASDAQ:DISCA) for 82,619 shares. Neuberger Berman Grp Inc Limited Liability Corporation has invested 0% of its portfolio in Discovery Communications Inc. (NASDAQ:DISCA).
Out of 19 analysts covering Discovery Communications (NASDAQ:DISCA), 4 rate it a “Buy”, 6 “Sell”, while 9 “Hold”. This means 21% are positive. Discovery Communications has been the topic of 46 analyst reports since August 3, 2015 according to StockzIntelligence Inc. Topeka Capital Markets maintained the stock with “Buy” rating in Tuesday, October 27 report. As per Thursday, September 29, the company rating was downgraded by Barrington Research. On Thursday, August 6 the stock rating was upgraded by Pivotal Research to “Buy”. Barclays Capital downgraded the shares of DISCA in a report on Friday, October 16 to “Equal-Weight” rating. The stock of Discovery Communications Inc. (NASDAQ:DISCA) has “Mkt Perform” rating given on Friday, February 19 by FBR Capital. RBC Capital Markets maintained it with “Sector Perform” rating and $30 target price in Wednesday, September 30 report. The stock of Discovery Communications Inc. (NASDAQ:DISCA) earned “Sell” rating by UBS on Friday, July 15. The stock has “Mkt Perform” rating given by FBR Capital on Wednesday, November 2. The stock has “Neutral” rating given by UBS on Wednesday, November 4. The stock has “Sell” rating given by Moffett Nathanson on Tuesday, September 27.
Discovery Communications, Inc., (Discovery), incorporated on April 28, 2008, is a global media company. The Firm provides content across multiple distribution platforms, including pay-television (pay-TV), free-to-air and broadcast television, Websites, digital distribution arrangements and content licensing agreements. The Company’s divisions are U.S. Networks, which consists principally of domestic television networks and Websites; International Networks, which consists primarily of international television networks and Websites; Education and Other, which consists principally of curriculum product and service offerings, and production studios, and Corporate and Inter-segment Eliminations.
More news for Discovery Communications Inc. (NASDAQ:DISCA) were recently published by: Wsj.com, which released: “Discovery Communications Profit Declines 22%” on November 01, 2016. Nasdaq.com‘s article titled: “Earnings Reaction History: Discovery Communications Inc., 66.7% Follow-Through …” and published on November 01, 2016 is yet another important article.
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By Ellis Scott