APG Asset Management N.V. Has $24.42 Million Holdings in Discovery Communications, Inc. (DISCA)

APG Asset Management N.V. raised its holdings in Discovery Communications, Inc. (NASDAQ:DISCA) by 23.4% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,146,900 shares of the company’s stock after buying an additional 217,600 shares during the quarter. APG Asset Management N.V. owned about 0.20% of Discovery Communications worth $24,418,000 at the end of the most recent quarter. Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in DISCA. Tower Research Capital LLC TRC raised its stake in Discovery Communications by 437.1% during the second quarter. Tower Research Capital LLC TRC now owns 3,969 shares of the company’s stock valued at $102,000 after buying an additional 3,230 shares during the last quarter. Ballentine Partners LLC purchased a new position in shares of Discovery Communications in the second quarter worth $133,000. OLD Mutual Customised Solutions Proprietary Ltd. raised its stake in shares of Discovery Communications by 112.1% in the first quarter. OLD Mutual Customised Solutions Proprietary Ltd. now owns 7,000 shares of the company’s stock worth $204,000 after purchasing an additional 3,700 shares during the last quarter. Montag A & Associates Inc. purchased a new position in shares of Discovery Communications in the second quarter worth $209,000. Finally, MUFG Americas Holdings Corp raised its stake in shares of Discovery Communications by 13.9% in the second quarter. MUFG Americas Holdings Corp now owns 8,997 shares of the company’s stock worth $232,000 after purchasing an additional 1,100 shares during the last quarter. Institutional investors own 45.81% of the company’s stock. Several analysts have issued reports on DISCA shares. Barclays PLC dropped their price objective on Discovery Communications from $25.00 to $18.00 and set an “underweight” rating for the company in a research note on Friday, October 13th. ValuEngine upgraded Discovery Communications from a “hold” rating to a “buy” rating in a research report on Wednesday, October 11th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $24.00 price target (down from $29.00) on shares of Discovery Communications in a report on Friday, November 3rd. Credit Suisse Group dropped their price objective on Discovery Communications from $22.00 to $18.00 and set a “neutral” rating on the stock in a research note on Monday. Finally, UBS AG upgraded Discovery Communications from a “sell” rating to a “neutral” rating and reduced their target price for the stock from $25.00 to $23.00 in a research note on Tuesday, September 26th. Five equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and four have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average target price of $24.27. Shares of Discovery Communications, Inc. (NASDAQ:DISCA) traded up $0.02 on Wednesday, hitting $17.35. 957,620 shares of the company’s stock were exchanged, compared to its average volume of 6,172,083. Discovery Communications, Inc. has a 52 week low of $16.20 and a 52 week high of $30.25. The company has a debt-to-equity ratio of 2.56, a quick ratio of 5.87 and a current ratio of 5.87. The firm has a market cap of $6,480.32, a price-to-earnings ratio of 8.22, a PEG ratio of 0.85 and a beta of 1.55. Discovery Communications (NASDAQ:DISCA) last issued its earnings results on Thursday, November 2nd. The company reported $0.43 EPS for the quarter, missing the Zacks’ consensus estimate of $0.55 by ($0.12). Discovery Communications had a net margin of 16.63% and a return on equity of 22.24%. The business had revenue of $1.65 billion during the quarter, compared to analysts’ expectations of $1.64 billion. During the same period in the prior year, the business posted $0.47 EPS. The business’s revenue was up 6.1% on a year-over-year basis. equities research analysts anticipate that Discovery Communications, Inc. will post 2.19 EPS for the current year. In other Discovery Communications news, CFO Gunnar Wiedenfels purchased 15,000 shares of the firm’s stock in a transaction dated Tuesday, August 15th. The stock was acquired at an average cost of $21.70 per share, with a total value of $325,500.00. Following the acquisition, the chief financial officer now owns 35,000 shares of the company’s stock, valued at approximately $759,500. The purchase was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Paul J. Guagliardo purchased 10,000 shares of the firm’s stock in a transaction dated Friday, August 18th. The stock was acquired at an average cost of $22.71 per share, with a total value of $227,100.00. Following the completion of the acquisition, the insider now directly owns 10,000 shares in the company, valued at approximately $227,100. The disclosure for this purchase can be found here. Insiders have purchased a total of 220,000 shares of company stock worth $3,624,350 in the last ninety days. 6.81% of the stock is currently owned by insiders. 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.