Amundi Pioneer Asset Management Inc. Has $4.14 Million Position in Discovery Inc Series C (DISCK)

Amundi Pioneer Asset Management Inc. lifted its position in Discovery Inc Series C (NASDAQ:DISCK) by 10.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 179,177 shares of the company’s stock after acquiring an additional 17,023 shares during the quarter. Amundi Pioneer Asset Management Inc.’s holdings in Discovery Inc Series C were worth $4,135,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in DISCK. Harel Insurance Investments & Financial Services Ltd. purchased a new position in Discovery Inc Series C in the 4th quarter worth about $26,000. Baldwin Brothers Inc. MA purchased a new position in Discovery Inc Series C in the 4th quarter worth about $32,000. Atlas Capital Advisors LLC purchased a new position in Discovery Inc Series C in the 4th quarter worth about $65,000. Enlightenment Research LLC purchased a new position in Discovery Inc Series C in the 4th quarter worth about $95,000. Finally, First Hawaiian Bank increased its stake in Discovery Inc Series C by 523.5% in the 4th quarter. First Hawaiian Bank now owns 5,593 shares of the company’s stock worth $129,000 after buying an additional 4,696 shares during the period. Hedge funds and other institutional investors own 58.65% of the company’s stock.

NASDAQ DISCK traded up $0.93 during trading on Friday, reaching $29.49. 2,030,039 shares of the company’s stock traded hands, compared to its average volume of 2,015,787. The company has a debt-to-equity ratio of 1.50, a quick ratio of 1.06 and a current ratio of 1.06. Discovery Inc Series C has a 12-month low of $19.25 and a 12-month high of $31.55. The company has a market capitalization of $14.44 billion, a price-to-earnings ratio of 13.98 and a beta of 1.30.

Discovery Inc Series C (NASDAQ:DISCK) last issued its quarterly earnings data on Tuesday, February 26th. The company reported $0.74 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 firm had revenue of $2.81 billion during the quarter. Equities analysts expect that Discovery Inc Series C will post 3.69 earnings per share for the current fiscal year.

A number of research firms have commented on DISCK. Zacks Investment Research downgraded shares of Discovery Inc Series C from a “hold” rating to a “sell” rating in a research report on Monday, February 18th. TheStreet raised shares of Discovery Inc Series C from a “c” rating to a “b” rating in a research report on Tuesday, February 26th. BidaskClub downgraded shares of Discovery Inc Series C from a “strong-buy” rating to a “buy” rating in a research report on Thursday, March 14th. Finally, ValuEngine raised shares of Discovery Inc Series C from a “sell” rating to a “hold” rating in a research report on Wednesday, January 2nd. Three research analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” 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.

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

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