Seizert Capital Partners Lowers stake in Discovery Communications (DISCK)

Discovery Communications (DISCK) : Seizert Capital Partners reduced its stake in Discovery Communications by 10.05% during the most recent quarter end. The investment management company now holds a total of 2,003,241 shares of Discovery Communications which is valued at $50,742,095 after selling 223,799 shares in Discovery Communications , the firm said in a disclosure report filed with the SEC on Aug 11, 2016.Discovery Communications makes up approximately 1.81% of Seizert Capital Partners’s portfolio.

Other Hedge Funds, Including , Btg Pactual Global Asset Management Ltd added DISCK to its portfolio by purchasing 129,389 company shares during the most recent quarter which is valued at $3,277,423. Discovery Communications makes up approx 3.35% of Btg Pactual Global Asset Management Ltd’s portfolio.Blackrock Institutional Trust Company N.a. reduced its stake in DISCK by selling 180,894 shares or 2.81% in the most recent quarter. The Hedge Fund company now holds 6,245,403 shares of DISCK which is valued at $158,196,058. Discovery Communications makes up approx 0.02% of Blackrock Institutional Trust Company N.a.’s portfolio.First Trust Advisors Lp reduced its stake in DISCK by selling 7,404 shares or 5.04% in the most recent quarter. The Hedge Fund company now holds 139,639 shares of DISCK which is valued at $3,537,056. Discovery Communications makes up approx 0.01% of First Trust Advisors Lp’s portfolio.Sumitomo Mitsui Asset Management Company Ltd reduced its stake in DISCK by selling 2,669 shares or 12.59% in the most recent quarter. The Hedge Fund company now holds 18,528 shares of DISCK which is valued at $454,677. Discovery Communications makes up approx 0.01% of Sumitomo Mitsui Asset Management Company Ltd’s portfolio.Windsor Financial Group boosted its stake in DISCK in the latest quarter, The investment management firm added 5,200 additional shares and now holds a total of 209,784 shares of Discovery Communications which is valued at $5,125,023. Discovery Communications makes up approx 2.29% of Windsor Financial Group’s portfolio.

Discovery Communications closed down -0.27 points or -1.04% at $25.59 with 10,05,187 shares getting traded on Tuesday. Post opening the session at $25.95, the shares hit an intraday low of $25.59 and an intraday high of $25.95 and the price fluctuated in this range throughout the day.Shares ended Tuesday session in Red.

Discovery Communications Inc. (Discovery) is a media company. The Company provides content across multiple distribution platforms including pay-TV free-to-air and broadcast television Websites digital distribution arrangements and content licensing agreements. Discovery operates in three segments: U.S. Networks consisting of domestic television networks and Websites; International Networks consisting of international television networks and Websites and Education and Other. The Company’s U.S. Networks segment consists of national television networks. The U.S. Networks segment owns and operates 10 national television networks. The Company’s International Networks segment consists of national and pan-regional television networks. The Company’s Education and Other segment consists of curriculum-based product and service offerings and production studios. The Company’s subsidiaries include Discovery Holding Company (DHC) and Discovery Communications Holding LLC (DCH).

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