Discovery Inc Series C (DISCK) Shares Sold by State Board of Administration of Florida Retirement System

State Board of Administration of Florida Retirement System cut its holdings in Discovery Inc Series C (NASDAQ:DISCK) by 1.1% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 513,846 shares of the company’s stock after selling 5,977 shares during the quarter. State Board of Administration of Florida Retirement System owned approximately 0.10% of Discovery Inc Series C worth $11,860,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in DISCK. Janus Henderson Group PLC boosted its stake in shares of Discovery Inc Series C by 210.0% during the third quarter. Janus Henderson Group PLC now owns 2,817,611 shares of the company’s stock valued at $83,344,000 after purchasing an additional 1,908,804 shares in the last quarter. Wedge Capital Management L L P NC acquired a new stake in shares of Discovery Inc Series C during the fourth quarter valued at about $30,934,000. Vanguard Group Inc boosted its stake in shares of Discovery Inc Series C by 2.9% during the third quarter. Vanguard Group Inc now owns 34,110,873 shares of the company’s stock valued at $1,008,999,000 after purchasing an additional 973,820 shares in the last quarter. DLD Asset Management LP boosted its stake in shares of Discovery Inc Series C by 467.1% during the third quarter. DLD Asset Management LP now owns 850,700 shares of the company’s stock valued at $18,156,000 after purchasing an additional 700,700 shares in the last quarter. Finally, CQS Cayman LP boosted its stake in shares of Discovery Inc Series C by 25.2% during the third quarter. CQS Cayman LP now owns 3,393,313 shares of the company’s stock valued at $100,375,000 after purchasing an additional 682,655 shares in the last quarter. 57.61% of the stock is currently owned by institutional investors and hedge funds.

A number of equities analysts recently commented on the company. Zacks Investment Research raised Discovery Inc Series C from a “hold” rating to a “buy” rating and set a $31.00 price objective on the stock in a research note on Monday, October 29th. ValuEngine raised Discovery Inc Series C from a “sell” rating to a “hold” rating in a research note on Friday, December 7th.

NASDAQ DISCK opened at $26.85 on Tuesday. The company has a market cap of $14.31 billion, a PE ratio of 11.99 and a beta of 1.31. Discovery Inc Series C has a 52 week low of $19.08 and a 52 week high of $31.55. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 1.61.

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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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