Raymond James & Associates Boosts Stake in Discovery Inc Series C (DISCK)
Raymond James & Associates lifted its position in Discovery Inc Series C (NASDAQ:DISCK) by 11.4% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 725,388 shares of the company’s stock after buying an additional 74,503 shares during the period. Raymond James & Associates’ holdings in Discovery Inc Series C were worth $18,439,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Oregon Public Employees Retirement Fund grew its holdings in shares of Discovery Inc Series C by 4,028.7% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 5,458,951 shares of the company’s stock worth $237,000 after acquiring an additional 5,326,730 shares during the last quarter. Norges Bank acquired a new position in shares of Discovery Inc Series C in the 4th quarter worth $112,101,000. BlackRock Inc. grew its holdings in shares of Discovery Inc Series C by 6.9% in the 4th quarter. BlackRock Inc. now owns 23,201,956 shares of the company’s stock worth $535,501,000 after acquiring an additional 1,489,319 shares during the last quarter. Hudson Bay Capital Management LP grew its holdings in shares of Discovery Inc Series C by 137.7% in the 4th quarter. Hudson Bay Capital Management LP now owns 2,563,990 shares of the company’s stock worth $59,177,000 after acquiring an additional 1,485,280 shares during the last quarter. Finally, Wedge Capital Management L L P NC acquired a new position in shares of Discovery Inc Series C in the 4th quarter worth $30,934,000. 59.86% of the stock is currently owned by institutional investors.
Shares of DISCK stock opened at $26.34 on Wednesday. Discovery Inc Series C has a 1-year low of $19.25 and a 1-year high of $31.55. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 1.45. The firm has a market cap of $13.76 billion, a PE ratio of 12.48 and a beta of 1.34.
A number of brokerages recently issued reports on DISCK. BidaskClub upgraded Discovery Inc Series C from a “buy” rating to a “strong-buy” rating in a report on Tuesday, April 30th. Zacks Investment Research cut Discovery Inc Series C from a “hold” rating to a “sell” rating in a report on Monday, February 18th. Finally, TheStreet upgraded Discovery Inc Series C from a “c” rating to a “b” rating in a report on Tuesday, February 26th.
TRADEMARK VIOLATION WARNING: This piece was originally reported by Watch List News and is owned by of Watch List News. If you are viewing this piece on another website, it was illegally stolen and reposted in violation of US & international trademark and copyright law. The correct version of this piece can be read at https://www.watchlistnews.com/raymond-james-associates-boosts-stake-in-discovery-inc-series-c-disck/3018670.html.
Discovery Inc Series C Company Profile
Discovery, Inc operates as a media company worldwide. The company operates through two segments, U.S. Networks and International Networks. The company owns and operates various television networks under the Discovery Channel, TLC, Animal Planet, Investigation Discovery, Science Channel, MotorTrend, Food Network, HGTV, Travel Channel, TVN, DIY Network, Cooking Channel, Discovery Family Channel, American Heroes Channel, Destination America, Discovery Life, Discovery en Espanol, Discovery Familia, Great American Country, the Oprah Winfrey Network, Eurosport, Discovery Kids, DMAX, and Discovery Home & Health brands, as well as other regional television networks.
Featured Story: How to Profit and Limit Losses With Stop Orders
Want to see what other hedge funds are holding DISCK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Discovery Inc Series C (NASDAQ:DISCK).
Receive News & Ratings for Discovery Inc Series C Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Discovery Inc Series C and related companies with MarketBeat.com's FREE daily email newsletter.