MetLife Investment Advisors LLC lifted its stake in shares of Discovery Inc Series C (NASDAQ:DISCK) by 9.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 100,558 shares of the company’s stock after acquiring an additional 8,656 shares during the quarter. MetLife Investment Advisors LLC’s holdings in Discovery Inc Series C were worth $2,564,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. BlackRock Inc. boosted its position in shares of Discovery Inc Series C by 10.2% in the second quarter. BlackRock Inc. now owns 21,143,121 shares of the company’s stock worth $539,152,000 after buying an additional 1,961,911 shares during the period. State of Wisconsin Investment Board raised its holdings in shares of Discovery Inc Series C by 0.9% during the second quarter. State of Wisconsin Investment Board now owns 14,567,424 shares of the company’s stock worth $371,469,000 after acquiring an additional 130,014 shares in the last quarter. Paulson & CO. Inc. raised its holdings in shares of Discovery Inc Series C by 137.7% during the second quarter. Paulson & CO. Inc. now owns 10,000,000 shares of the company’s stock worth $255,000,000 after acquiring an additional 5,792,788 shares in the last quarter. Northern Trust Corp raised its holdings in shares of Discovery Inc Series C by 46.3% during the first quarter. Northern Trust Corp now owns 3,550,292 shares of the company’s stock worth $69,301,000 after acquiring an additional 1,124,123 shares in the last quarter. Finally, Sterling Capital Management LLC raised its holdings in shares of Discovery Inc Series C by 3.9% during the second quarter. Sterling Capital Management LLC now owns 2,877,228 shares of the company’s stock worth $73,369,000 after acquiring an additional 107,833 shares in the last quarter. 55.95% of the stock is owned by institutional investors and hedge funds.

Shares of NASDAQ:DISCK opened at $29.07 on Monday. The company has a quick ratio of 1.45, a current ratio of 1.45 and a debt-to-equity ratio of 1.84. Discovery Inc Series C has a 1 year low of $14.99 and a 1 year high of $29.96. The firm has a market cap of $15.19 billion, a P/E ratio of 13.91 and a beta of 1.41.

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

Several analysts recently issued reports on DISCK shares. BidaskClub upgraded Discovery Inc Series C from a “buy” rating to a “strong-buy” rating in a report on Thursday, August 23rd. ValuEngine upgraded Discovery Inc Series C from a “sell” rating to a “hold” rating in a report on Thursday, August 9th.

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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