Discovery Communications, Inc. (DISCK) Shares Sold by Oxford Asset Management

  • Discovery Communications, Inc. (DISCK) Shares Sold by Oxford Asset Management

Discovery Communications, Inc. (DISCK) Shares Sold by Oxford Asset Management

Discovery Communications, Inc. (NASDAQ:DISCA) last announced results for quarter ended on 30 Sep 2016, disclosing EPS of $0.36 The reported earnings per share topped the analyst's consensus by $-0.04 with the percentage difference between estimated and actual earnings arriving at -10.00%. Discovery Communications has a 52 week low of $23.66 and a 52 week high of $29.75. The firm owned 169,304 shares of the company's stock after selling 409,438 shares during the period. The company now has a consensus rating of "Hold" and an average target price of $29.62. One quarter earlier, revenue for the stock was at $1.71 billion, with earnings at $0.66/share. Company price to earnings (P/E) ratio, which measures the relationship between the earnings of a company and its stock price, is calculated as 16.30. The stock price of WYN is moving up from its 20 days moving average with 3.46% and isolated positively from 50 days moving average with 5.67%.

In the last Quarter, Discovery Communications, Inc. Discovery Communications accounts for 1.2% of Auxier Asset Management's portfolio, making the stock its 26th largest position. They issued a "hold" rating and a $32.00 price target for the company. The analyst also retained his Buy rating on the stock.

The company bought back shares worth $1,374 million in the reported quarter. The scale runs from 1 to 5 with 1 recommending Strong Buy and 5 recommending a Strong Sell. Pacer Advisors Inc. increased its stake in Discovery Communications by 138.8% in the third quarter.

To persist focus on investment valuation, Discovery Communications, Inc. Nordea Investment Management AB increased its stake in Discovery Communications by 10.1% in the second quarter. After accounting for currency swings, though, sales rose 5% and earnings improved by 3%.

The latest results showed some of the potential risks of this strategy, as adjusted operating income at Discovery's worldwide networks dropped 12% due, among other things, to the impact of currency swings and the increased cost of sports rights for Eurosport. The stock traded with the volume of 1.76 Million shares in the last trading session. Deutsche Bank AG reissued a "buy" rating and set a $25.00 target price on shares of Nuance Communications in a research report on Friday, November 18th. This is the top price point and lowest from the analysts taken into consideration by Zacks Research. In a transaction dated March 18, 2016, the shares were put up for sale at an average price of $28, raking in a sum of $3,093,804. The company presently has an average rating of "Buy" and an average price target of $22.63. The Company provides content across multiple distribution platforms including pay-TV free-to-air and broadcast television Websites digital distribution arrangements and content licensing agreements. Discovery is a global media and entertainment company that offers original and purchased programming in the United States and over 170 other countries with over 100 television networks.