Northwestern Mutual Wealth Management Co. Raises Holdings in Discovery Communications Inc. (DISCK)
Northwestern Mutual Wealth Management Co. grew its position in Discovery Communications Inc. (NASDAQ:DISCK) by 872.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 19,606 shares of the company’s stock after buying an additional 17,589 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in Discovery Communications were worth $415,000 at the end of the most recent reporting period.
Several other hedge funds have also recently modified their holdings of DISCK. State of Wisconsin Investment Board bought a new position in shares of Discovery Communications in the 3rd quarter worth $136,312,000. Prudential Financial Inc. raised its position in shares of Discovery Communications by 207.2% in the 3rd quarter. Prudential Financial Inc. now owns 2,588,195 shares of the company’s stock worth $52,437,000 after acquiring an additional 1,745,767 shares in the last quarter. Hotchkis & Wiley Capital Management LLC raised its position in shares of Discovery Communications by 25.3% in the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 7,362,821 shares of the company’s stock worth $149,171,000 after acquiring an additional 1,484,500 shares in the last quarter. Private Management Group Inc. bought a new position in shares of Discovery Communications in the 3rd quarter worth $27,985,000. Finally, Mackenzie Financial Corp bought a new position in shares of Discovery Communications in the 3rd quarter worth $27,157,000. Institutional investors and hedge funds own 47.72% of the company’s stock.
Discovery Communications Inc. (DISCK) opened at $21.95 on Thursday. Discovery Communications Inc. has a 1 year low of $14.99 and a 1 year high of $29.18. The stock has a market capitalization of $8,589.36, a PE ratio of 10.89 and a beta of 1.45. The company has a debt-to-equity ratio of 2.56, a quick ratio of 5.87 and a current ratio of 5.87.
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Discovery Communications Profile
Discovery Communications, Inc (Discovery) is a global media company. The Company provides content across multiple distribution platforms, including pay-television (pay-TV), free-to-air (FTA) and broadcast television, Websites, digital distribution arrangements and content licensing agreements. Its segments include U.S.
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