Part of the weekly research here at The Acquirer’s Multiple features some of the top picks from our Stock Screeners and some top investors who are holding these same picks in their portfolios. Investors such as Warren Buffett, Joel Greenblatt, Carl Icahn, Jim Simons, Prem Watsa, Jeremy Grantham, Seth Klarman, Ray Dalio, and Howard Marks. The top investor data is provided from their latest 13F’s. This week we’ll take a look at:
Discovery Communications Inc (NASDAQ: DISCA)
Discovery is the one of the largest global media providers with over 2 billion cumulative subscribers in over 220 countries. Its three traditional networks (Discovery, TLC, and Animal Planet) each reach over 85 million U.S. households and more than 200 million international subscribers. The top two networks (HGTV and Food Network) acquired in the Scripps transaction are available in more than 87 million households in the U.S. The international segment consists of national and pan-regional networks over 294 unique distribution feeds in more than 45 languages.
A quick look at the price chart below for Discovery Communications shows us that the stock is down 22% in the past twelve months. We currently have the stock trading on an Acquirer’s Multiple of 8.41 which means that it’s undervalued.
(Source: Morningstar)
Superinvestors who currently hold positions in Discovery Communications include:
Ken Griffin – 3,284,521 shares
Bill Miller – 1,424,205 shares
Mario Gabelli – 1,248,404 shares
Cliff Asness – 547,385 shares
Joel Greenblatt – 377,794 shares
Michael Burry – 350,000 shares
Jim O’Shaughnessy – 202,257 shares
Murray Stahl – 166,209 shares
Jim Simons – 118,400 shares
Lee Ainslie – 78,175 shares
Ken Fisher – 64,362 shares
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