Windsor Financial Group buys $5,718,123 stake in Discovery Communications (DISCK)

Discovery Communications (DISCK) : Windsor Financial Group scooped up 15,784 additional shares in Discovery Communications during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Apr 20, 2016. The investment management firm now holds a total of 204,584 shares of Discovery Communications which is valued at $5,718,123.Discovery Communications makes up approximately 2.58% of Windsor Financial Group’s portfolio.

Discovery Communications opened for trading at $27.69 and hit $28.17 on the upside on Friday, eventually ending the session at $27.95, with a gain of 0.98% or 0.27 points. The heightened volatility saw the trading volume jump to 20,23,141 shares. Company has a market cap of $11,486 M.

Other Hedge Funds, Including , First Quadrant L Pca reduced its stake in DISCK by selling 500 shares or 1.05% in the most recent quarter. The Hedge Fund company now holds 47,300 shares of DISCK which is valued at $1,322,035. Discovery Communications makes up approx 0.03% of First Quadrant L Pca’s portfolio. Quantres Asset Management Ltd sold out all of its stake in DISCK during the most recent quarter. The investment firm sold 15,000 shares of DISCK which is valued $419,250.Fisher Asset Management reduced its stake in DISCK by selling 4,808 shares or 6.81% in the most recent quarter. The Hedge Fund company now holds 65,768 shares of DISCK which is valued at $1,838,216.Rnc Capital Management boosted its stake in DISCK in the latest quarter, The investment management firm added 24,427 additional shares and now holds a total of 85,797 shares of Discovery Communications which is valued at $2,367,139. Discovery Communications makes up approx 0.23% of Rnc Capital Management’s portfolio.

Many Wall Street Analysts have commented on Discovery Communications. Shares were Downgraded by Topeka Capital Markets on Apr 25, 2016 to ” Hold” and Lowered the Price Target to $ 30 from a previous price target of $37 .

Discovery Communications Inc. (Discovery) is a media company. 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 operates in three segments: U.S. Networks consisting of domestic television networks and Websites; International Networks consisting of international television networks and Websites and Education and Other. The Company’s U.S. Networks segment consists of national television networks. The U.S. Networks segment owns and operates 10 national television networks. The Company’s International Networks segment consists of national and pan-regional television networks. The Company’s Education and Other segment consists of curriculum-based product and service offerings and production studios. The Company’s subsidiaries include Discovery Holding Company (DHC) and Discovery Communications Holding LLC (DCH).

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