Envestnet Asset Management Inc. Sold 419 Shares of Discovery Communications, Inc. (DISCK)

The company's stock declined 12.19% with the market as Vnbtrust National Association bought 172,540 shares. Envestnet Asset Management Inc.'s holdings in Discovery were worth $719,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Creative Planning purchased a new position in Discovery Communications in the fourth quarter valued at $207,000. Clearbridge Investments LLC now owns 18,325,805 shares of the company's stock valued at $410,132,000 after purchasing an additional 709,288 shares during the period. Dynamic Technology Lab Private Ltd bought a new position in shares of Discovery Communications during the second quarter valued at about $1,414,000. Autus Asset Management LLC increased its position in shares of Discovery Communications by 6.7% in the second quarter. Wells Fargo & Company MN now owns 2,030,018 shares of the company's stock worth $45,433,000 after acquiring an additional 56,827 shares during the period. At the end of 2017Q4, the 764,221 shares of the consumer services company held by the institutional investor were priced at $16.18 million, up from 591,681 at the end of the previous reported quarter. Clearbridge Investments LLC lifted its position in Discovery by 4.0% during the fourth quarter. About 2.64M shares traded. Institutional investors and hedge funds own 51.80% of the company's stock. The shares were sold at an average price of $23.41, for a total value of $483,954.93. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. (NASDAQ:DISCA) shares were sold by Sims Savalle. Campbell Bruce sold $55,349 worth of stock. Amalgamated Bank now owns 25,714 shares of the company's stock valued at $544,000 after acquiring an additional 2,327 shares during the period. The disclosure for this sale can be found here. In the last quarter, insiders have sold 39,482 shares of company stock worth $913,006.

Several research analysts have commented on DISCK shares. The stock has "Hold" rating by Pivotal Research on Tuesday, January 9. On Tuesday, January 30 the stock rating was maintained by Morgan Stanley with "Overweight". Piper Jaffray initiated the stock with "Hold" rating in Friday, August 11 report. Finally, Zacks Investment Research raised Discovery Communications from a "strong sell" rating to a "hold" rating in a report on Tuesday, January 9th. On Wednesday, June 7 the stock rating was maintained by Keefe Bruyette & Woods with "Buy". Five analysts have rated the stock with a hold rating, The stock now has an average rating of "Hold" and a consensus price target of $29.00.

DISCA opened at $22.83 on Friday. The company has a debt-to-equity ratio of 3.20, a quick ratio of 5.34 and a current ratio of 5.34. The company has a market capitalization of $8,852.60, a P/E ratio of 10.19, a price-to-earnings-growth ratio of 0.87 and a beta of 1.54.

Discovery Communications, Inc (Discovery) is a global media company.


On during the last trading session the stock decreased $0.35 or 1.51%, reaching $22.83.Currently Discovery, Inc.is downtrending after 21.53% change in last April 15, 2017. The business had revenue of $1.86 billion for the quarter. The firm's revenue was up 11.5% compared to the same quarter past year.

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Shares of Discovery Communications, Inc. The firm operates through U.S.Last it reported negative earnings.

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