Staley Capital Advisers Inc. boosted its position in Discovery Communications, Inc. (NASDAQ:DISCK) by 11.3% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 886,000 shares of the company’s stock after purchasing an additional 89,700 shares during the quarter. Discovery Communications comprises about 1.5% of Staley Capital Advisers Inc.’s holdings, making the stock its 26th largest position. Staley Capital Advisers Inc. owned 0.23% of Discovery Communications worth $17,950,000 at the end of the most recent reporting period.
Several other large investors have also recently modified their holdings of DISCK. Renaissance Technologies LLC acquired a new position in shares of Discovery Communications in the 1st quarter valued at approximately $3,365,000. Creative Planning increased its position in Discovery Communications by 1.0% in the second quarter. Creative Planning now owns 8,545 shares of the company’s stock worth $215,000 after buying an additional 87 shares during the period. LS Investment Advisors LLC increased its position in Discovery Communications by 5.0% in the second quarter. LS Investment Advisors LLC now owns 10,607 shares of the company’s stock worth $267,000 after buying an additional 502 shares during the period. Aperio Group LLC increased its position in Discovery Communications by 11.9% in the second quarter. Aperio Group LLC now owns 72,856 shares of the company’s stock worth $1,837,000 after buying an additional 7,729 shares during the period. Finally, US Bancorp DE increased its position in Discovery Communications by 4.9% in the second quarter. US Bancorp DE now owns 87,222 shares of the company’s stock worth $2,199,000 after buying an additional 4,093 shares during the period. Institutional investors and hedge funds own 48.43% of the company’s stock.
Shares of Discovery Communications, Inc. (NASDAQ:DISCK) opened at $18.57 on Wednesday. The company has a debt-to-equity ratio of 2.56, a quick ratio of 5.87 and a current ratio of 5.87. Discovery Communications, Inc. has a 52 week low of $14.99 and a 52 week high of $29.18. The company has a market capitalization of $7,399.13, a price-to-earnings ratio of 9.38 and a beta of 1.42.
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Discovery Communications Company 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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