Addenda Capital Has Trimmed Discovery Communicatns New (DISCA) Stake; Last Week Renewable Energy Group, Inc. (REGI) Analysts

January 12, 2018 - By Adrian Erickson

Addenda Capital Inc decreased Discovery Communicatns New (DISCA) stake by 16.84% reported in 2017Q3 SEC filing. Addenda Capital Inc sold 22,282 shares as Discovery Communicatns New (DISCA)’s stock declined 9.80%. The Addenda Capital Inc holds 110,018 shares with $2.26M value, down from 132,300 last quarter. Discovery Communicatns New now has $13.46B valuation. The stock increased 5.17% or $1.18 during the last trading session, reaching $24.01. About 7.53M shares traded or 15.80% up from the average. Discovery Communications, Inc. (NASDAQ:DISCA) has declined 0.88% since January 12, 2017 and is downtrending. It has underperformed by 17.58% the S&P500.

Among 4 analysts covering Renewable Energy (NASDAQ:REGI), 2 have Buy rating, 0 Sell and 2 Hold. Therefore 50% are positive. Renewable Energy had 19 analyst reports since August 5, 2015 according to SRatingsIntel. The company was maintained on Sunday, November 5 by Canaccord Genuity. The stock of Renewable Energy Group, Inc. (NASDAQ:REGI) has “Buy” rating given on Wednesday, August 23 by Roth Capital. The rating was maintained by Piper Jaffray with “Hold” on Friday, September 29. Canaccord Genuity maintained it with “Buy” rating and $16.0 target in Wednesday, September 27 report. The firm earned “Buy” rating on Tuesday, June 13 by Roth Capital. The stock of Renewable Energy Group, Inc. (NASDAQ:REGI) earned “Buy” rating by Roth Capital on Friday, November 3. Piper Jaffray maintained Renewable Energy Group, Inc. (NASDAQ:REGI) on Wednesday, August 23 with “Hold” rating. As per Friday, August 7, the company rating was upgraded by Zacks. The rating was maintained by Piper Jaffray on Friday, November 3 with “Hold”. The firm has “Buy” rating given on Thursday, June 8 by Canaccord Genuity. See Renewable Energy Group, Inc. (NASDAQ:REGI) latest ratings:

05/11/2017 Broker: Canaccord Genuity Rating: Buy New Target: $16.0 Maintain
03/11/2017 Broker: Roth Capital Rating: Buy New Target: $17.0 Maintain
03/11/2017 Broker: Piper Jaffray Rating: Hold New Target: $13.0 Maintain
24/10/2017 Broker: Roth Capital Rating: Buy New Target: $17.0 Maintain
28/09/2017 Broker: Roth Capital Rating: Buy New Target: $17.0 Maintain
29/09/2017 Broker: Piper Jaffray Rating: Hold New Target: $13.0 Maintain
27/09/2017 Broker: Canaccord Genuity Rating: Buy New Target: $16.0 Maintain
23/08/2017 Broker: Piper Jaffray Rating: Hold New Target: $13.0 Maintain
23/08/2017 Broker: Roth Capital Rating: Buy New Target: $17.0 Maintain
27/07/2017 Broker: Canaccord Genuity Rating: Buy New Target: $16.0000 Maintain

Addenda Capital Inc increased Stantec Inc (NYSE:STN) stake by 188,920 shares to 559,221 valued at $15.54M in 2017Q3. It also upped Comcast Corp New (NASDAQ:CMCSA) stake by 13,835 shares and now owns 88,548 shares. Bce Inc (NYSE:BCE) was raised too.

Among 31 analysts covering Discovery Communications (NASDAQ:DISCA), 7 have Buy rating, 4 Sell and 20 Hold. Therefore 23% are positive. Discovery Communications has $40 highest and $18 lowest target. $25.70’s average target is 7.04% above currents $24.01 stock price. Discovery Communications had 89 analyst reports since August 3, 2015 according to SRatingsIntel. The stock of Discovery Communications, Inc. (NASDAQ:DISCA) earned “Hold” rating by Needham on Wednesday, October 11. Cowen & Co maintained Discovery Communications, Inc. (NASDAQ:DISCA) on Tuesday, September 19 with “Hold” rating. As per Tuesday, April 26, the company rating was downgraded by Macquarie Research. On Tuesday, August 1 the stock rating was upgraded by Citigroup to “Buy”. The company was upgraded on Thursday, August 6 by Pivotal Research. Jefferies maintained Discovery Communications, Inc. (NASDAQ:DISCA) on Thursday, September 7 with “Hold” rating. As per Friday, November 3, the company rating was maintained by Loop Capital. Topeka Capital Markets maintained the stock with “Buy” rating in Tuesday, October 27 report. Citigroup downgraded it to “Sell” rating and $27 target in Wednesday, May 18 report. B. Riley & Co maintained Discovery Communications, Inc. (NASDAQ:DISCA) rating on Wednesday, November 8. B. Riley & Co has “Neutral” rating and $19 target.

Investors sentiment increased to 0.92 in 2017 Q3. Its up 0.10, from 0.82 in 2017Q2. It increased, as 65 investors sold DISCA shares while 163 reduced holdings. 57 funds opened positions while 152 raised stakes. 204.44 million shares or 4.84% more from 195.01 million shares in 2017Q2 were reported. Ameriprise Financial Incorporated holds 0% of its portfolio in Discovery Communications, Inc. (NASDAQ:DISCA) for 96,506 shares. Bridgeway Cap Management Inc holds 0.02% of its portfolio in Discovery Communications, Inc. (NASDAQ:DISCA) for 95,400 shares. Tiaa Cref Investment Mgmt Lc holds 0.01% of its portfolio in Discovery Communications, Inc. (NASDAQ:DISCA) for 667,518 shares. Royal Commercial Bank Of Canada has 132,089 shares for 0% of their portfolio. First Advisors LP stated it has 0.01% in Discovery Communications, Inc. (NASDAQ:DISCA). Nationwide Fund Advisors holds 0.03% or 408,245 shares in its portfolio. 192,445 are owned by Princeton Port Strategies Group Limited Liability. California-based Wells Fargo Mn has invested 0% in Discovery Communications, Inc. (NASDAQ:DISCA). Private Management Group Inc Inc owns 1.38 million shares for 1.48% of their portfolio. Bank Of America De reported 2.83 million shares. Ny State Common Retirement Fund holds 0.01% or 449,500 shares in its portfolio. Baystate Wealth Management Limited Liability has 40 shares. Moreover, Virginia Retirement Systems Et Al has 0.06% invested in Discovery Communications, Inc. (NASDAQ:DISCA). Fukoku Mutual Life Ins holds 0.01% of its portfolio in Discovery Communications, Inc. (NASDAQ:DISCA) for 2,760 shares. S Muoio & Company Ltd Company invested 0.22% in Discovery Communications, Inc. (NASDAQ:DISCA).

Since December 13, 2017, it had 3 insider purchases, and 1 insider sale for $10.39 million activity. MALONE JOHN C bought $2.03 million worth of stock or 102,377 shares. 100,000 shares valued at $1.86 million were bought by WARGO J DAVID on Thursday, December 14. Campbell Bruce sold $55,349 worth of stock.

Analysts await Discovery Communications, Inc. (NASDAQ:DISCA) to report earnings on February, 13. They expect $0.38 EPS, down 32.14% or $0.18 from last year’s $0.56 per share. DISCA’s profit will be $213.08 million for 15.80 P/E if the $0.38 EPS becomes a reality. After $0.43 actual EPS reported by Discovery Communications, Inc. for the previous quarter, Wall Street now forecasts -11.63% negative EPS growth.

Renewable Energy Group, Inc. produces and sells biofuels and renewable chemicals in the United States. The company has market cap of $438.81 million. It operates through Biomass-Based Diesel, Services, Renewable Chemicals, and Corporate and Other divisions. It currently has negative earnings. The Biomass-Based Diesel segment acquires feedstock; manages, constructs, and operates biomass diesel production facilities; and markets, sells, and distributes biomass diesel and its co-products.

Investors sentiment increased to 1.39 in Q3 2017. Its up 0.01, from 1.38 in 2017Q2. It increased, as 14 investors sold Renewable Energy Group, Inc. shares while 40 reduced holdings. 29 funds opened positions while 46 raised stakes. 38.53 million shares or 2.49% more from 37.60 million shares in 2017Q2 were reported. Rhumbline Advisers invested in 46,092 shares or 0% of the stock. Zebra has invested 0.05% in Renewable Energy Group, Inc. (NASDAQ:REGI). Qs Invsts Limited Liability Company holds 0.01% or 57,509 shares in its portfolio. Wellington Gp Llp holds 26,888 shares or 0% of its portfolio. Parametric Portfolio Associates Ltd Liability Corporation accumulated 0% or 206,309 shares. Grantham Mayo Van Otterloo & Lc has 66,800 shares for 0% of their portfolio. Northwestern Mutual Wealth Management Co stated it has 0% of its portfolio in Renewable Energy Group, Inc. (NASDAQ:REGI). Verition Fund Management Lc stated it has 0.01% of its portfolio in Renewable Energy Group, Inc. (NASDAQ:REGI). First Quadrant Ltd Partnership Ca reported 0% in Renewable Energy Group, Inc. (NASDAQ:REGI). Connor Clark And Lunn Mgmt has invested 0.01% in Renewable Energy Group, Inc. (NASDAQ:REGI). Moreover, Blackrock has 0% invested in Renewable Energy Group, Inc. (NASDAQ:REGI). Metropolitan Life Ins New York invested 0% in Renewable Energy Group, Inc. (NASDAQ:REGI). 11,244 were accumulated by Federated Invsts Pa. Shell Asset Mngmt Company holds 275,750 shares. Hotchkis & Wiley Capital Management Lc holds 0% in Renewable Energy Group, Inc. (NASDAQ:REGI) or 11,414 shares.