Federal Government Clears Discovery's Acquisition of Scripps

Marco Green
March 5, 2018

The stock decreased 0.10% or $0.1 during the last trading session, reaching $95.32. About 12.10 million shares traded. The Boeing Company (NYSE:BA) has risen 41.13% since February 27, 2017 and is uptrending. It has outperformed by 29.51% the S&P500.

Shares of Scripps Networks Interactive, Inc.

Scripps Networks Interactive (NASDAQ:SNI) issued its earnings results on Monday. State Board of Administration of Florida Retirement System boosted its stake in shares of Scripps Networks Interactive by 1.4% in the 3rd quarter. Scripps Networks Interactive's dividend payout ratio is presently 25.75%. This technical setup was reported by Barchart.com. We have $95.28 PT which if reached, will make NASDAQ:SNI worth $700.68 million more.

Ct Mason decreased its stake in Scripps Networks Interactive (SNI) by 70.64% based on its latest 2017Q3 regulatory filing with the SEC.

Q4 revenues increased 11% year-on-year to US$1.86 billion due to 13% growth at International Networks, 10% growth at US Networks and "slight growth" at Discovery's education and other divisions. "And, of course, we announced our merger with Discovery Communications, creating an unmatched opportunity to deliver our real-life content to a greater number of audiences". Earlier this month, the European Commission cleared its acquisition of the Food Network and HGTV owner.

Investors sentiment decreased to 1.01 in 2017 Q3. Its down 0.63, from 1.21 in 2017Q2. While for the Next 5 years, the company could expect a growth of 7.05% per annum, whereas in the past Five years Scripps Networks Interactive, Inc. 92 funds opened positions while 72 raised stakes. Bb&T Secs Ltd Company reported 18,640 shares. (NASDAQ:AAPL). Davis invested in 3.26% or 35,934 shares. Ohio-based Horan Capital Advsr has invested 0.01% in Scripps Networks Interactive, Inc. Investors of record on Wednesday, February 28th will be given a $0.30 dividend. (NASDAQ:SNI) by 27.6% during the 4th quarter, HoldingsChannel reports. Td Capital Limited Com reported 0% in Scripps Networks Interactive, Inc. Adage Capital Ptnrs Group Lc has invested 0.03% in Scripps Networks Interactive, Inc. (NASDAQ:SNI) for 69,846 shares. The Stock has its 52-week High of $91.68 and 52-Week Low of $64.87 and it touched its 52-week high on 02/27/18 and 52-Week Low on 06/05/17. Principal Finance Grp Incorporated has 0.04% invested in Scripps Networks Interactive, Inc. (NASDAQ:SNI). Meiji Yasuda Asset Mgmt accumulated 2,348 shares. Mason Street Advisors Llc stated it has 6,441 shares or 0.01% of all its holdings. Weiss Multi has invested 0.18% in The Boeing Company (NYSE:BA). Shares for $4.00M were sold by Hood Amy. Carl Domino Incorporated reported 2.72% in Apple Inc.

Among 42 analysts covering Micron Technology Inc. One equities research analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and three have given a buy rating to the company. Therefore 75% are positive. (NASDAQ:SNI) earned "Hold" rating by RBC Capital Markets on Tuesday, June 6. Loop Capital maintained Micron Technology, Inc. The ex-dividend date of this dividend is Tuesday, February 27th. Zacks Investment Research upgraded shares of Scripps Networks Interactive from a "hold" rating to a "buy" rating and set a $99.00 price objective for the company in a research report on Friday, February 2nd. The company was maintained on Friday, January 19 by Stifel Nicolaus. Needham maintained Micron Technology, Inc. (NASDAQ:SNI) on Thursday, August 11 to "Hold" rating.

Investors sentiment increased to 1.01 in Q3 2017. Its down 0.05, from 0.86 in 2017Q2. It dropped, as 97 investors sold SNI shares while 186 reduced holdings. 114 funds opened positions while 708 raised stakes. (NASDAQ:SCSC). Wellington Mngmt Limited Liability Partnership holds 0.01% or 1.16M shares. (NASDAQ:MU) for 139,144 shares. Us State Bank De reported 37,138 shares. 1832 Asset Mgmt LP invested 0.17% of its portfolio in The Boeing Company (NYSE:BA). (NASDAQ:SCSC). Canal Insurance invested in 65,400 shares. M&T Bank & Trust holds 52,582 shares. Corporate insiders own 2.50% of the company's stock. One Management Ltd Llc invested in 57,017 shares. Stephens Ar, Arkansas-based fund reported 23,454 shares. Morgan Stanley accumulated 7.46M shares. 53,000 were accumulated by Point72 Asia (Hong Kong). Overall, Discovery revenues rose 11 percent across the quarter - both domestic and global sales increased double digits for the company. It also upped Csx Corp (NYSE:CSX) stake by 587,069 shares and now owns 5.71M shares. Evercore Na invested 24.78% of its portfolio in The Boeing Company (NYSE:BA). During the same period in the prior year, the company posted $1.02 earnings per share. BA's profit will be $1.61 billion for 33.38 P/E if the $2.73 EPS becomes a reality. Hence the difference between Predicted EPS and Actual EPS reported is $0.2/share which shows an Earnings Surprise of 16.9 Percent.

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