Other analysts have also issued reports about the company. Zacks Investment Research lowered Discovery Inc Series C from a hold rating to a sell rating in a report on Tuesday, July 16th. BidaskClub lowered Discovery Inc Series C from a buy rating to a hold rating in a report on Thursday.
Shares of DISCK traded down $0.51 during trading hours on Thursday, hitting $27.32. 2,353,672 shares of the company were exchanged, compared to its average volume of 2,958,878. The stock has a market capitalization of $14.61 billion, a P/E ratio of 12.95 and a beta of 1.43. Discovery Inc Series C has a fifty-two week low of $21.99 and a fifty-two week high of $31.55. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 1.45. The business’s fifty day simple moving average is $28.52.
Institutional investors have recently bought and sold shares of the business. Dimensional Fund Advisors LP boosted its position in shares of Discovery Inc Series C by 6.4% during the 4th quarter. Dimensional Fund Advisors LP now owns 3,267,270 shares of the company’s stock worth $75,404,000 after purchasing an additional 195,320 shares in the last quarter. Geode Capital Management LLC boosted its holdings in Discovery Inc Series C by 15.8% during the fourth quarter. Geode Capital Management LLC now owns 4,984,900 shares of the company’s stock worth $114,863,000 after buying an additional 680,982 shares in the last quarter. Municipal Employees Retirement System of Michigan purchased a new stake in Discovery Inc Series C during the fourth quarter worth about $223,000. Amundi Pioneer Asset Management Inc. boosted its holdings in Discovery Inc Series C by 10.5% during the fourth quarter. Amundi Pioneer Asset Management Inc. now owns 179,177 shares of the company’s stock worth $4,135,000 after buying an additional 17,023 shares in the last quarter. Finally, Macquarie Group Ltd. boosted its holdings in Discovery Inc Series C by 99.1% during the fourth quarter. Macquarie Group Ltd. now owns 10,851 shares of the company’s stock worth $250,000 after buying an additional 5,400 shares in the last quarter. Hedge funds and other institutional investors own 56.56% of the company’s stock.
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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