Becker Capital Management Inc buys $45,184,086 stake in Discovery Communications (DISCK)

Discovery Communications (DISCK) : Becker Capital Management Inc scooped up 17,415 additional shares in Discovery Communications during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 2, 2016. The investment management firm now holds a total of 1,743,886 shares of Discovery Communications which is valued at $45,184,086.Discovery Communications makes up approximately 1.78% of Becker Capital Management Inc’s portfolio.

Other Hedge Funds, Including , Nippon Life Insurance Co reduced its stake in DISCK by selling 1,448 shares or 4.04% in the most recent quarter. The Hedge Fund company now holds 34,378 shares of DISCK which is valued at $890,734. Discovery Communications makes up approx 0.02% of Nippon Life Insurance Co’s portfolio.Bank Of Hawaii boosted its stake in DISCK in the latest quarter, The investment management firm added 505 additional shares and now holds a total of 32,874 shares of Discovery Communications which is valued at $851,765. Discovery Communications makes up approx 0.09% of Bank Of Hawaii’s portfolio. Everence Capital Management Inc sold out all of its stake in DISCK during the most recent quarter. The investment firm sold 13,728 shares of DISCK which is valued $355,692. Trillium Asset Management sold out all of its stake in DISCK during the most recent quarter. The investment firm sold 7,977 shares of DISCK which is valued $195,756. Clean Yield Group sold out all of its stake in DISCK during the most recent quarter. The investment firm sold 516 shares of DISCK which is valued $12,776.

Discovery Communications closed down -0.22 points or -0.87% at $25.11 with 15,59,425 shares getting traded on Monday. Post opening the session at $25.35, the shares hit an intraday low of $24.96 and an intraday high of $25.55 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

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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