Cerebellum GP LLC Has $428,000 Holdings in Discovery Inc Series C (NASDAQ:DISCK)

Cerebellum GP LLC grew its holdings in shares of Discovery Inc Series C (NASDAQ:DISCK) by 37.2% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 17,374 shares of the company’s stock after purchasing an additional 4,709 shares during the period. Cerebellum GP LLC’s holdings in Discovery Inc Series C were worth $428,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the business. Clearbridge Investments LLC lifted its holdings in shares of Discovery Inc Series C by 0.8% during the 1st quarter. Clearbridge Investments LLC now owns 3,643,825 shares of the company’s stock worth $92,626,000 after acquiring an additional 27,295 shares during the period. Hi Line Capital Management LLC lifted its holdings in shares of Discovery Inc Series C by 1.4% during the 1st quarter. Hi Line Capital Management LLC now owns 268,279 shares of the company’s stock worth $6,820,000 after acquiring an additional 3,766 shares during the period. Allstate Corp bought a new stake in shares of Discovery Inc Series C during the 1st quarter worth approximately $248,000. Cleararc Capital Inc. bought a new stake in shares of Discovery Inc Series C during the 1st quarter worth approximately $222,000. Finally, FMR LLC lifted its holdings in shares of Discovery Inc Series C by 2.0% during the 1st quarter. FMR LLC now owns 1,788,500 shares of the company’s stock worth $45,463,000 after acquiring an additional 34,993 shares during the period. Hedge funds and other institutional investors own 57.10% of the company’s stock.

A number of analysts have recently weighed in on DISCK shares. BidaskClub raised shares of Discovery Inc Series C from a “sell” rating to a “hold” rating in a report on Thursday, October 10th. Zacks Investment Research downgraded shares of Discovery Inc Series C from a “hold” rating to a “sell” rating in a report on Tuesday, July 16th. Finally, ValuEngine raised shares of Discovery Inc Series C from a “strong sell” rating to a “sell” rating in a report on Thursday, August 8th.

Shares of Discovery Inc Series C stock opened at $25.83 on Tuesday. The company has a 50 day moving average of $25.44 and a 200-day moving average of $26.93. Discovery Inc Series C has a 1-year low of $21.99 and a 1-year high of $31.55. The company has a current ratio of 1.27, a quick ratio of 1.27 and a debt-to-equity ratio of 1.32. The company has a market cap of $14.03 billion, a PE ratio of 8.39 and a beta of 1.41.

Discovery Inc Series C (NASDAQ:DISCK) last issued its quarterly earnings data on Tuesday, August 6th. The company reported $0.98 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.35 by ($0.37). The company had revenue of $2.89 billion during the quarter. Discovery Inc Series C had a net margin of 15.62% and a return on equity of 21.53%.

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.

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

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