Meeder Asset Management Inc. Sells 20,186 Shares of Discovery Communications Inc. (DISCK)
Meeder Asset Management Inc. reduced its stake in shares of Discovery Communications Inc. (NASDAQ:DISCK) by 80.3% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 4,950 shares of the company’s stock after selling 20,186 shares during the period. Meeder Asset Management Inc.’s holdings in Discovery Communications were worth $105,000 as of its most recent filing with the SEC.
A number of other institutional investors and hedge funds also recently modified their holdings of the business. Hotchkis & Wiley Capital Management LLC increased its holdings in Discovery Communications by 25.3% during the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 7,362,821 shares of the company’s stock worth $149,171,000 after purchasing an additional 1,484,500 shares in the last quarter. State of Wisconsin Investment Board purchased a new position in shares of Discovery Communications in the 3rd quarter worth approximately $136,312,000. Thompson Siegel & Walmsley LLC boosted its stake in shares of Discovery Communications by 38.3% in the 3rd quarter. Thompson Siegel & Walmsley LLC now owns 4,733,199 shares of the company’s stock worth $95,894,000 after buying an additional 1,310,637 shares during the last quarter. Seizert Capital Partners LLC boosted its stake in shares of Discovery Communications by 15.9% in the 3rd quarter. Seizert Capital Partners LLC now owns 3,750,499 shares of the company’s stock worth $75,985,000 after buying an additional 513,183 shares during the last quarter. Finally, United States Steel & Carnegie Pension Fund boosted its stake in shares of Discovery Communications by 19.7% in the 3rd quarter. United States Steel & Carnegie Pension Fund now owns 3,043,056 shares of the company’s stock worth $61,652,000 after buying an additional 500,000 shares during the last quarter. 47.76% of the stock is owned by hedge funds and other institutional investors.
Discovery Communications Inc. (DISCK) opened at $22.27 on Wednesday. Discovery Communications Inc. has a 12 month low of $14.99 and a 12 month high of $29.18. The company has a quick ratio of 5.87, a current ratio of 5.87 and a debt-to-equity ratio of 2.56. The company has a market capitalization of $8,289.91, a P/E ratio of 11.66 and a beta of 1.45.
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Discovery Communications Profile
Discovery Communications, Inc (Discovery) is a global media company. The Company provides content across multiple distribution platforms, including pay-television (pay-TV), free-to-air (FTA) and broadcast television, Websites, digital distribution arrangements and content licensing agreements. Its segments include U.S.
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