Securian Asset Management Inc Has $1.08 Million Stake in Discovery Inc Series C (DISCK)

Securian Asset Management Inc grew its stake in Discovery Inc Series C (NASDAQ:DISCK) by 5.8% during the third quarter, HoldingsChannel.com reports. The firm owned 36,361 shares of the company’s stock after buying an additional 1,986 shares during the period. Securian Asset Management Inc’s holdings in Discovery Inc Series C were worth $1,076,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of DISCK. Piedmont Investment Advisors LLC acquired a new position in shares of Discovery Inc Series C in the 2nd quarter valued at $102,000. NEXT Financial Group Inc bought a new stake in shares of Discovery Inc Series C in the 3rd quarter valued at $106,000. Trust Co. of Vermont increased its position in shares of Discovery Inc Series C by 638.6% in the 2nd quarter. Trust Co. of Vermont now owns 6,352 shares of the company’s stock valued at $162,000 after buying an additional 5,492 shares in the last quarter. Qube Research & Technologies Ltd increased its position in shares of Discovery Inc Series C by 51.6% in the 2nd quarter. Qube Research & Technologies Ltd now owns 6,625 shares of the company’s stock valued at $169,000 after buying an additional 2,256 shares in the last quarter. Finally, Commerzbank Aktiengesellschaft FI bought a new stake in shares of Discovery Inc Series C in the 2nd quarter valued at $203,000. 55.91% of the stock is currently owned by institutional investors.

A number of research firms recently commented on DISCK. Zacks Investment Research upgraded shares of Discovery Inc Series C from a “hold” rating to a “buy” rating and set a $31.00 price objective for the company in a research report on Monday. BidaskClub upgraded shares of Discovery Inc Series C from a “buy” rating to a “strong-buy” rating in a research report on Saturday, September 15th. Finally, ValuEngine upgraded shares of Discovery Inc Series C from a “sell” rating to a “hold” rating in a research report on Thursday, August 9th.

DISCK opened at $27.59 on Tuesday. The company has a debt-to-equity ratio of 1.84, a current ratio of 1.45 and a quick ratio of 1.45. 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 capitalization of $14.32 billion, a P/E ratio of 12.32 and a beta of 1.35.

Discovery Inc Series C (NASDAQ:DISCK) last released its earnings results on Tuesday, August 7th. The company reported $0.66 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.83 by ($0.17). The firm had revenue of $2.85 billion for the quarter. Discovery Inc Series C had a positive return on equity of 17.68% and a negative net margin of 8.28%. As a group, sell-side analysts forecast that Discovery Inc Series C will post 2.85 earnings per share for the current fiscal year.

Discovery Inc Series C Company 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.

Read More: Buyback For Investors Defined

Want to see what other hedge funds are holding DISCK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Discovery Inc Series C (NASDAQ:DISCK).

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

Receive News & Ratings for Discovery Inc Series C Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Discovery Inc Series C and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply