Teacher Retirement System of Texas boosted its holdings in shares of Discovery Communications Inc. (NASDAQ:DISCK) by 120.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 393,634 shares of the company’s stock after buying an additional 214,682 shares during the period. Teacher Retirement System of Texas’ holdings in Discovery Communications were worth $8,333,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Nippon Life Insurance Co. boosted its stake in Discovery Communications by 8.3% during the third quarter. Nippon Life Insurance Co. now owns 37,203 shares of the company’s stock worth $754,000 after buying an additional 2,867 shares in the last quarter. Mutual of America Capital Management LLC boosted its stake in Discovery Communications by 14.6% during the fourth quarter. Mutual of America Capital Management LLC now owns 29,332 shares of the company’s stock worth $621,000 after buying an additional 3,747 shares in the last quarter. Oppenheimer & Co. Inc. boosted its stake in Discovery Communications by 3.2% during the third quarter. Oppenheimer & Co. Inc. now owns 147,231 shares of the company’s stock worth $2,983,000 after buying an additional 4,523 shares in the last quarter. Norinchukin Bank The boosted its stake in shares of Discovery Communications by 12.0% in the 3rd quarter. Norinchukin Bank The now owns 55,280 shares of the company’s stock valued at $1,120,000 after purchasing an additional 5,940 shares in the last quarter. Finally, Toronto Dominion Bank boosted its stake in shares of Discovery Communications by 8.4% in the 3rd quarter. Toronto Dominion Bank now owns 77,502 shares of the company’s stock valued at $1,569,000 after purchasing an additional 5,991 shares in the last quarter. Hedge funds and other institutional investors own 47.76% of the company’s stock.

Discovery Communications Inc. (DISCK) opened at $22.68 on Thursday. The company has a quick ratio of 5.87, a current ratio of 5.87 and a debt-to-equity ratio of 2.56. Discovery Communications Inc. has a twelve month low of $14.99 and a twelve month high of $29.18. The stock has a market capitalization of $8,441.53, a PE ratio of 11.87 and a beta of 1.45.

Several equities research analysts have recently commented on DISCK shares. Zacks Investment Research downgraded shares of Discovery Communications from a “hold” rating to a “sell” rating in a research note on Monday, October 30th. BidaskClub upgraded shares of Discovery Communications from a “sell” rating to a “hold” rating in a research note on Thursday, December 7th. Morgan Stanley reduced their target price on shares of Discovery Communications from $31.00 to $22.00 and set an “equal weight” rating on the stock in a research note on Thursday, October 26th. Finally, ValuEngine downgraded shares of Discovery Communications from a “buy” rating to a “hold” rating in a research note on Friday, February 2nd. Five equities research analysts have rated the stock with a hold rating, The company presently has an average rating of “Hold” and a consensus price target of $29.00.

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

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