Laurion Capital Management LP Has $2.39 Million Stock Position in Discovery Inc Series C (NASDAQ:DISCK)

Laurion Capital Management LP lifted its stake in shares of Discovery Inc Series C (NASDAQ:DISCK) by 21.0% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 83,893 shares of the company’s stock after buying an additional 14,563 shares during the period. Laurion Capital Management LP’s holdings in Discovery Inc Series C were worth $2,387,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the company. Keybank National Association OH boosted its position in Discovery Inc Series C by 14.0% during the second quarter. Keybank National Association OH now owns 13,332 shares of the company’s stock valued at $379,000 after acquiring an additional 1,634 shares during the last quarter. Cleararc Capital Inc. bought a new position in shares of Discovery Inc Series C during the 1st quarter worth about $222,000. Tyers Asset Management LLC boosted its position in shares of Discovery Inc Series C by 84.0% during the 1st quarter. Tyers Asset Management LLC now owns 212,624 shares of the company’s stock worth $5,405,000 after purchasing an additional 97,056 shares in the last quarter. Raymond James & Associates boosted its position in shares of Discovery Inc Series C by 11.4% during the 1st quarter. Raymond James & Associates now owns 725,388 shares of the company’s stock worth $18,439,000 after purchasing an additional 74,503 shares in the last quarter. Finally, Norinchukin Bank The boosted its position in shares of Discovery Inc Series C by 3.7% during the 1st quarter. Norinchukin Bank The now owns 68,409 shares of the company’s stock worth $1,739,000 after purchasing an additional 2,416 shares in the last quarter. Institutional investors own 57.08% of the company’s stock.

A number of equities analysts have recently issued reports on the stock. ValuEngine raised shares of Discovery Inc Series C from a “strong sell” rating to a “sell” rating in a research report on Thursday, August 8th. BidaskClub cut shares of Discovery Inc Series C from a “hold” rating to a “sell” rating in a research report on Wednesday, August 28th. Finally, Zacks Investment Research cut shares of Discovery Inc Series C from a “hold” rating to a “sell” rating in a research report on Tuesday, July 16th.

Shares of DISCK stock traded down $0.21 on Friday, reaching $26.30. 2,521,871 shares of the company were exchanged, compared to its average volume of 2,518,313. The company has a market cap of $14.50 billion, a price-to-earnings ratio of 8.67 and a beta of 1.46. The company has a 50-day moving average of $26.71 and a 200-day moving average of $27.14. The company has a debt-to-equity ratio of 1.32, a current ratio of 1.27 and a quick ratio of 1.27. Discovery Inc Series C has a one year low of $21.99 and a one year high of $31.55.

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

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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