Nomura Holdings Inc. Cuts Stake in Discovery Inc Series C (DISCK)

Nomura Holdings Inc. trimmed its position in Discovery Inc Series C (NASDAQ:DISCK) by 90.6% during the second quarter, HoldingsChannel.com reports. The firm owned 16,306 shares of the company’s stock after selling 157,683 shares during the quarter. Nomura Holdings Inc.’s holdings in Discovery Inc Series C were worth $416,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the stock. Qube Research & Technologies Ltd raised its holdings in shares of Discovery Inc Series C by 51.6% during 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 during the period. Auxier Asset Management purchased a new stake in shares of Discovery Inc Series C during the 2nd quarter valued at about $216,000. Putnam Investments LLC increased its holdings in Discovery Inc Series C by 173.5% during the 2nd quarter. Putnam Investments LLC now owns 1,153,332 shares of the company’s stock worth $29,409,000 after purchasing an additional 731,655 shares during the last quarter. Soros Fund Management LLC increased its holdings in Discovery Inc Series C by 100.0% during the 2nd quarter. Soros Fund Management LLC now owns 300,000 shares of the company’s stock worth $7,650,000 after purchasing an additional 150,000 shares during the last quarter. Finally, Centaurus Financial Inc. increased its holdings in Discovery Inc Series C by 100.7% during the 2nd quarter. Centaurus Financial Inc. now owns 26,117 shares of the company’s stock worth $666,000 after purchasing an additional 13,101 shares during the last quarter. Institutional investors and hedge funds own 55.95% of the company’s stock.

DISCK stock opened at $29.01 on Thursday. The company has a current ratio of 1.45, a quick ratio of 1.45 and a debt-to-equity ratio of 1.84. Discovery Inc Series C has a 52-week low of $14.99 and a 52-week high of $29.96. The company has a market cap of $15.11 billion, a price-to-earnings ratio of 13.84 and a beta of 1.41.

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

Several research firms have issued reports on DISCK. BidaskClub upgraded Discovery Inc Series C from a “buy” rating to a “strong-buy” rating in a report on Saturday, September 15th. ValuEngine upgraded Discovery Inc Series C from a “sell” rating to a “hold” rating in a report on Thursday, June 21st.

About Discovery Inc Series C

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.

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

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