Nj State Employees Deferred Compensation Plan Exits Position in Discovery Communications (DISCK)

Discovery Communications (DISCK) : Nj State Employees Deferred Compensation Plan has sold out all of its stake in Discovery Communications during the most recent quarter, according to the disclosure filed by the company on Aug 3, 2016 with the SEC. The investment management company has sold out 7,500 shares of Discovery Communications which is valued at $194,325.

Other Hedge Funds, Including , California Public Employees Retirement System reduced its stake in DISCK by selling 17,600 shares or 2.31% in the most recent quarter. The Hedge Fund company now holds 742,900 shares of DISCK which is valued at $19,248,539. Discovery Communications makes up approx 0.03% of California Public Employees Retirement System’s portfolio.Calamos Advisors boosted its stake in DISCK in the latest quarter, The investment management firm added 10 additional shares and now holds a total of 25,406 shares of Discovery Communications which is valued at $629,053. Discovery Communications makes up approx 0.01% of Calamos Advisors’s portfolio.Gulf International Bank (uk) Ltd reduced its stake in DISCK by selling 4,300 shares or 4.95% in the most recent quarter. The Hedge Fund company now holds 82,604 shares of DISCK which is valued at $2,025,450. Discovery Communications makes up approx 0.03% of Gulf International Bank (uk) Ltd’s portfolio.

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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