Robeco Institutional Asset Management B.V. trimmed its holdings in shares of Discovery Inc Series C (NASDAQ:DISCK) by 22.7% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 10,716 shares of the company’s stock after selling 3,147 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in Discovery Inc Series C were worth $273,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the company. BlackRock Inc. raised its holdings in Discovery Inc Series C by 40.9% in the 1st quarter. BlackRock Inc. now owns 19,181,210 shares of the company’s stock worth $374,418,000 after acquiring an additional 5,563,690 shares during the last quarter. State of Wisconsin Investment Board raised its holdings in Discovery Inc Series C by 0.9% in the 2nd 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 during the last quarter. Seizert Capital Partners LLC raised its holdings in Discovery Inc Series C by 6.1% in the 1st quarter. Seizert Capital Partners LLC now owns 4,654,778 shares of the company’s stock worth $90,861,000 after acquiring an additional 269,317 shares during the last quarter. CQS Cayman LP raised its holdings in Discovery Inc Series C by 91.8% in the 1st quarter. CQS Cayman LP now owns 3,727,871 shares of the company’s stock worth $72,768,000 after acquiring an additional 1,784,141 shares during the last quarter. Finally, Northern Trust Corp raised its holdings in Discovery Inc Series C by 46.3% in the 1st 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 during the last quarter. Hedge funds and other institutional investors own 56.25% of the company’s stock.

NASDAQ:DISCK opened at $26.32 on Friday. 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 12 month low of $14.99 and a 12 month high of $27.48. The company has a market capitalization of $14.01 billion, a price-to-earnings ratio of 12.83 and a beta of 1.37.

Discovery Inc Series C (NASDAQ:DISCK) last posted its earnings results on Tuesday, August 7th. The company reported $0.66 EPS for the quarter, missing analysts’ consensus estimates 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 company had revenue of $2.85 billion during the quarter. sell-side analysts forecast that Discovery Inc Series C will post 2.85 earnings per share for the current year.

DISCK has been the subject of a number of recent analyst reports. BidaskClub upgraded shares of Discovery Inc Series C from a “hold” rating to a “buy” rating in a report on Friday, April 27th. ValuEngine lowered shares of Discovery Inc Series C from a “hold” rating to a “sell” rating in a report on Wednesday, May 2nd. Finally, Morgan Stanley decreased their price objective on shares of Discovery Inc Series C to $29.00 and set an “equal weight” rating for the company in a report on Monday, May 7th.

Discovery Inc Series C 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.

See Also: Stock Symbol

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).

Institutional Ownership by Quarter 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.