Metropolitan Life Insurance Co. NY increased its stake in Discovery Inc Series C (NASDAQ:DISCK) by 4.4% during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 51,780 shares of the companyâ€™s stock after buying an additional 2,198 shares during the period. Metropolitan Life Insurance Co. NYâ€™s holdings in Discovery Inc Series C were worth $1,320,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors also recently bought and sold shares of DISCK. Paulson & CO. Inc. grew its stake in shares of Discovery Inc Series C by 137.7% in the 2nd quarter. Paulson & CO. Inc. now owns 10,000,000 shares of the companyâ€™s stock worth $255,000,000 after buying an additional 5,792,788 shares during the last quarter. BlackRock Inc. boosted its stake in Discovery Inc Series C by 40.9% during the 1st quarter. BlackRock Inc. now owns 19,181,210 shares of the companyâ€™s stock valued at $374,418,000 after purchasing an additional 5,563,690 shares during the last quarter. Millennium Management LLC purchased a new stake in Discovery Inc Series C during the 1st quarter valued at $50,860,000. Douglas Lane & Associates LLC purchased a new stake in Discovery Inc Series C during the 2nd quarter valued at $64,324,000. Finally, CQS Cayman LP boosted its stake in Discovery Inc Series C by 91.8% during the 1st quarter. CQS Cayman LP now owns 3,727,871 shares of the companyâ€™s stock valued at $72,768,000 after purchasing an additional 1,784,141 shares during the last quarter. Institutional investors own 55.97% of the companyâ€™s stock.
DISCK has been the topic of several recent analyst reports. ValuEngine upgraded Discovery Inc Series C from a â€śsellâ€ť rating to a â€śholdâ€ť rating in a research note on Thursday, August 9th. BidaskClub downgraded Discovery Inc Series C from a â€śstrong-buyâ€ť rating to a â€śbuyâ€ť rating in a research note on Thursday, July 19th.
Shares of DISCK opened at $30.24 on Friday. 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 has a 12 month low of $14.99 and a 12 month high of $31.39. The firm has a market cap of $15.45 billion, a price-to-earnings ratio of 13.50 and a beta of 1.35.
Discovery Inc Series C (NASDAQ:DISCK) last issued its earnings results on Tuesday, August 7th. The company reported $0.66 EPS for the quarter, missing the consensus estimate of $0.83 by ($0.17). The business had revenue of $2.85 billion for the quarter. Discovery Inc Series C had a negative net margin of 8.28% and a positive return on equity of 17.68%. On average, equities research analysts expect that Discovery Inc Series C will post 2.85 earnings per share for the current year.
About Discovery Inc Series C
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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