Discovery Inc Series C (DISCK) Shares Sold by Fisher Asset Management LLC

Fisher Asset Management LLC lessened its stake in shares of Discovery Inc Series C (NASDAQ:DISCK) by 11.6% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 17,431 shares of the company’s stock after selling 2,292 shares during the period. Fisher Asset Management LLC’s holdings in Discovery Inc Series C were worth $516,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Wheatland Advisors Inc. purchased a new position in Discovery Inc Series C in the 3rd quarter valued at approximately $207,000. Chevy Chase Trust Holdings Inc. boosted its position in Discovery Inc Series C by 2.7% in the 3rd quarter. Chevy Chase Trust Holdings Inc. now owns 297,701 shares of the company’s stock valued at $8,806,000 after buying an additional 7,897 shares during the period. Northwest Investment Counselors LLC boosted its position in Discovery Inc Series C by 9.7% in the 3rd quarter. Northwest Investment Counselors LLC now owns 36,128 shares of the company’s stock valued at $1,069,000 after buying an additional 3,185 shares during the period. IFM Investors Pty Ltd boosted its position in Discovery Inc Series C by 16.1% in the 3rd quarter. IFM Investors Pty Ltd now owns 25,085 shares of the company’s stock valued at $742,000 after buying an additional 3,470 shares during the period. Finally, Seven Eight Capital LP purchased a new position in Discovery Inc Series C in the 3rd quarter valued at approximately $571,000. Hedge funds and other institutional investors own 55.91% of the company’s stock.

DISCK has been the subject of several recent research reports. ValuEngine raised shares of Discovery Inc Series C from a “sell” rating to a “hold” rating in a research report on Tuesday, July 10th. Zacks Investment Research raised shares of Discovery Inc Series C from a “hold” rating to a “buy” rating and set a $31.00 price target for the company in a research report on Monday, October 29th. Finally, BidaskClub raised shares of Discovery Inc Series C from a “buy” rating to a “strong-buy” rating in a research report on Thursday, August 23rd.

Shares of DISCK opened at $29.14 on Friday. Discovery Inc Series C has a twelve month low of $14.99 and a twelve month high of $31.39. The firm has a market capitalization of $15.22 billion, a PE ratio of 13.94 and a beta of 1.19. The company has a current ratio of 1.45, a quick ratio of 1.45 and a debt-to-equity ratio of 1.84.

Discovery Inc Series C (NASDAQ:DISCK) last announced its quarterly earnings data on Tuesday, August 7th. The company reported $0.66 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.83 by ($0.17). Discovery Inc Series C had a negative net margin of 8.28% and a positive return on equity of 17.68%. The firm had revenue of $2.85 billion during the quarter. Equities analysts expect that Discovery Inc Series C will post 2.85 EPS for the current year.

Discovery Inc Series C Company Profile

Discovery, Inc operates as a media company worldwide. The company operates through U.S. Networks, International Networks, and Education and Other segments. It owns and operates various television networks under the Discovery Channel, TLC, Animal Planet, Investigation Discovery, Science Channel, Velocity, Discovery Family Channel, Destination America, American Heroes Channel, Discovery Life, The Oprah Winfrey Network, Eurosport, Discovery Kids, DMAX, and Discovery Home & Health brands, as well as other regional television networks.

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Institutional Ownership by Quarter for Discovery Inc Series C (NASDAQ:DISCK)

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