Staley Capital Advisers Inc. decreased its holdings in shares of Discovery Inc Series C (NASDAQ:DISCK) by 6.0% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 867,793 shares of the company’s stock after selling 55,557 shares during the period. Discovery Inc Series C accounts for about 1.6% of Staley Capital Advisers Inc.’s portfolio, making the stock its 23rd biggest position. Staley Capital Advisers Inc.’s holdings in Discovery Inc Series C were worth $20,029,000 at the end of the most recent quarter.
Several other large investors have also modified their holdings of DISCK. Harel Insurance Investments & Financial Services Ltd. acquired a new position in Discovery Inc Series C during the fourth quarter valued at approximately $26,000. Baldwin Brothers Inc. MA acquired a new position in Discovery Inc Series C during the fourth quarter valued at approximately $32,000. Atlas Capital Advisors LLC acquired a new position in Discovery Inc Series C during the fourth quarter valued at approximately $65,000. First Hawaiian Bank grew its holdings in Discovery Inc Series C by 523.5% during the fourth quarter. First Hawaiian Bank now owns 5,593 shares of the company’s stock valued at $129,000 after purchasing an additional 4,696 shares during the period. Finally, Trust Co. of Vermont grew its holdings in Discovery Inc Series C by 16.5% during the fourth quarter. Trust Co. of Vermont now owns 6,862 shares of the company’s stock valued at $158,000 after purchasing an additional 970 shares during the period. Institutional investors own 57.61% of the company’s stock.
Shares of NASDAQ DISCK opened at $27.08 on Tuesday. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 1.61. Discovery Inc Series C has a 52-week low of $19.08 and a 52-week high of $31.55. The company has a market cap of $14.31 billion, a P/E ratio of 12.09 and a beta of 1.31.
A number of brokerages recently issued reports on DISCK. Zacks Investment Research cut shares of Discovery Inc Series C from a “buy” rating to a “hold” rating in a report on Thursday, January 3rd. ValuEngine upgraded shares of Discovery Inc Series C from a “sell” rating to a “hold” rating in a report on Friday, December 7th.
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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.
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