Diversified Investment Strategies LLC raised its position in shares of Discovery Inc Series C (NASDAQ:DISCK) by 0.6% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 285,200 shares of the company’s stock after buying an additional 1,650 shares during the quarter. Discovery Inc Series C comprises 6.9% of Diversified Investment Strategies LLC’s portfolio, making the stock its 3rd biggest holding. Diversified Investment Strategies LLC’s holdings in Discovery Inc Series C were worth $7,250,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Murphy Pohlad Asset Management LLC boosted its holdings in shares of Discovery Inc Series C by 1.4% in the 4th quarter. Murphy Pohlad Asset Management LLC now owns 35,179 shares of the company’s stock worth $811,000 after purchasing an additional 500 shares during the period. Securian Asset Management Inc boosted its holdings in shares of Discovery Inc Series C by 1.4% in the 1st quarter. Securian Asset Management Inc now owns 36,825 shares of the company’s stock worth $936,000 after purchasing an additional 507 shares during the period. Daiwa Securities Group Inc. boosted its holdings in shares of Discovery Inc Series C by 6.9% in the 4th quarter. Daiwa Securities Group Inc. now owns 10,814 shares of the company’s stock worth $250,000 after purchasing an additional 700 shares during the period. Oppenheimer & Co. Inc. boosted its holdings in shares of Discovery Inc Series C by 0.5% in the 4th quarter. Oppenheimer & Co. Inc. now owns 155,217 shares of the company’s stock worth $3,582,000 after purchasing an additional 785 shares during the period. Finally, Atlas Capital Advisors LLC boosted its holdings in shares of Discovery Inc Series C by 28.3% in the 1st quarter. Atlas Capital Advisors LLC now owns 3,599 shares of the company’s stock worth $91,000 after purchasing an additional 793 shares during the period. Institutional investors and hedge funds own 58.65% of the company’s stock.

Shares of DISCK stock opened at $28.76 on Wednesday. Discovery Inc Series C has a 52-week low of $19.25 and a 52-week high of $31.55. The company has a debt-to-equity ratio of 1.50, a current ratio of 1.06 and a quick ratio of 1.06. The company has a market cap of $15.45 billion, a P/E ratio of 13.63 and a beta of 1.30.

Discovery Inc Series C (NASDAQ:DISCK) last issued its quarterly earnings results on Tuesday, February 26th. The company reported $0.74 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.82 by ($0.08). Discovery Inc Series C had a return on equity of 17.30% and a net margin of 5.63%. The business had revenue of $2.81 billion for the quarter. Research analysts expect that Discovery Inc Series C will post 3.69 EPS for the current year.

A number of brokerages have recently commented on DISCK. BidaskClub upgraded Discovery Inc Series C from a “buy” rating to a “strong-buy” rating in a report on Tuesday. Zacks Investment Research cut Discovery Inc Series C from a “buy” rating to a “hold” rating in a report on Thursday, January 3rd. TheStreet upgraded Discovery Inc Series C from a “c” rating to a “b” rating in a report on Tuesday, February 26th. Finally, ValuEngine upgraded Discovery Inc Series C from a “sell” rating to a “hold” rating in a report on Wednesday, January 2nd. Three investment analysts have rated the stock with a hold rating and one has given a strong buy rating to the company’s stock. Discovery Inc Series C currently has an average rating of “Buy” and an average price target of $30.00.

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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.

Further Reading: How Do I Invest in Dividend Stocks

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Institutional Ownership by Quarter for Discovery Inc Series C (NASDAQ:DISCK)

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