The corporation posted $0.68 EPS for the period, falling below Zacks' average forecast of $0.72 by $0.04, MarketWatch Earnings reports. The stock declined 0.73% or $0.16 reaching $21.77 per share. Micron Technology, Inc. (NASDAQ:MU) has risen 176.27% since August 11, 2016 and is uptrending. It has outperformed by 19.67% the S&P500.
Discovery Communications, Inc. (DISCK) holds floating shares of 351.33 million. Following the completion of the transaction, the chief financial officer now directly owns 20,000 shares in the company, valued at $460,200. The company's 5 year Earnings per share growth and Capital Spending growth remains at -6.96 and 8.7. The company has market cap of $8.58 billion. 207.97 million shares or 0.51% more from 206.91 million shares in 2016Q3 were reported. Ameritas Investment Partners Inc. bought a new stake in Discovery Communications during the first quarter valued at $182,000. It has underperformed by 16.38% the S&P500. Cowen and Company reaffirmed a "hold" rating and issued a $25.00 target price on shares of Discovery Communications in a research report on Thursday, August 3rd. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and one has issued a buy rating to the company's stock. The stock has "In-Line" rating by Imperial Capital on Friday, October 28. MKM Partners reaffirmed a "neutral" rating and set a $26.00 price target (down previously from $30.00) on shares of Discovery Communications in a research note on Wednesday, August 2nd. On July 20, 2017 Wells Fargo added DISCA to its research portfolio by announcing an initial rating of "Market Perform". The company was upgraded on Monday, August 3 by UBS. FBR Capital maintained Discovery Communications Inc. Discovery Communications has an average rating of "Hold" and a consensus price target of $28.25. It is negative, as 55 investors sold COP shares while 525 reduced holdings. Westbourne Investment Advisors Inc.'s holdings in Discovery Communications were worth $528,000 at the end of the most recent reporting period. BidaskClub lifted shares of Discovery Communications from a "sell" recommendation to a "hold" recommendation in a analysis note on Tue, Jun 27th.
Analyst mean recommendation on a stock by the analyst community is at 3.00. Barrington Research reiterated a "market perform" rating on shares of Discovery Communications in a research report on Tuesday, August 1st.
Since May 10, 2017, it had 0 insider buys, and 3 insider sales for $598,549 activity. Thorsen Steven L. JR had sold 50,000 shares worth $1.42 million on Wednesday, March 29. (NASDAQ:DISCA) on Tuesday, June 13. 4,746 Discovery Communications Inc. The insider Wehner Kurt sold $123,773. Its up 0.26, from 0.62 in 2016Q3.
A number of other hedge funds have also recently made changes to their positions in DISCK. Engineers Gate Manager Lp holds 198,340 shares or 0.47% of its portfolio. Envestnet Asset holds 0.01% of its portfolio in Discovery Communications Inc. Sumitomo Mitsui Asset Management Company LTD raised its position in shares of Discovery Communications by 0.9% in the first quarter. (NASDAQ:DISCA). Retirement Of Alabama stated it has 107,612 shares. Avalon Asset Limited Liability Corp owns 258,560 shares or 4.65% of their U.S. portfolio. Korea Invest Corp has invested 0.02% in Discovery Communications Inc. Mn Services Vermogensbeheer B.V. boosted its position in Discovery Communications by 5.8% in the first quarter. (NASDAQ:DISCA). Global X Mngmt Llc reported 0% stake. Metropolitan Life reported 118,560 shares. Swarthmore Grp invested in 661,200 shares. Oak Assocs Oh has invested 0.02% in Discovery Communications Inc. Qs Investors Ltd Llc has 0% invested in Discovery Communications Inc. Hotchkis & Wiley Capital Management LLC controls 5,878,321 shares valued at $148,192,000. Abushacra Pierre A also bought $38,460 worth of Bay Bancorp Inc (NASDAQ:BYBK) shares.
Among 40 analysts covering Micron Technology Inc. DISCA's SI was 31.01M shares in August as released by FINRA. 27,250 shares valued at $630,036 were sold by Shirley Brian on Wednesday, February 15. Macquarie Research maintained it with "Outperform" rating and $90 target in Friday, September 11 report. As per Wednesday, February 22, the company rating was downgraded by Loop Capital. (NASDAQ:DISCA) earned "Buy" rating by RBC Capital Markets on Thursday, July 13.
Investors sentiment decreased to 0.79 in Q4 2016.