6 days Ago By ABMN Staff
Wellington Management Group LLP trimmed its holdings in Warner Bros. Discovery, Inc. ( NASDAQ:WBD – Free Report ) by 70.
6% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 55,217 shares of the company’s stock after selling 132,704 shares during the quarter. Wellington Management Group LLP’s holdings in Warner Bros.
Discovery were worth $584,000 at the end of the most recent quarter. A number of other institutional investors also recently made changes to their positions in the business. Stonebridge Financial Group LLC bought a new stake in Warner Bros.
Discovery in the fourth quarter valued at approximately $26,000. SRS Capital Advisors Inc. increased its stake in shares of Warner Bros.
Discovery by 313.4% in the fourth quarter. SRS Capital Advisors Inc.
now owns 2,559 shares of the company’s stock worth $27,000 after buying an additional 1,940 shares during the period. Graney & King LLC bought a new stake in Warner Bros. Discovery during the 4th quarter valued at $28,000.
Ethos Financial Group LLC purchased a new stake in Warner Bros. Discovery during the 4th quarter valued at $29,000. Finally, Briaud Financial Planning Inc grew its holdings in Warner Bros.
Discovery by 258.1% in the 4th quarter. Briaud Financial Planning Inc now owns 2,775 shares of the company’s stock worth $29,000 after acquiring an additional 2,000 shares during the last quarter.
Hedge funds and other institutional investors own 59.95% of the company’s stock. Insider Buying and Selling at Warner Bros.
Discovery In related news, Director Piazza Samuel A. Jr. Di acquired 17,346 shares of the stock in a transaction dated Monday, March 3rd.
The shares were purchased at an average cost of $11.41 per share, with a total value of $197,917.86.
Following the transaction, the director now directly owns 159,932 shares in the company, valued at approximately $1,824,824.12. This represents a 12.
17 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink . 1.
80% of the stock is owned by corporate insiders. Wall Street Analysts Forecast Growth Get Our Latest Analysis on Warner Bros. Discovery Warner Bros.
Discovery Stock Up 0.6 % Shares of Warner Bros. Discovery stock opened at $8.
02 on Tuesday. The company has a 50-day simple moving average of $10.17 and a two-hundred day simple moving average of $9.
76. The stock has a market capitalization of $19.69 billion, a PE ratio of -1.
75, a price-to-earnings-growth ratio of 8.64 and a beta of 1.43.
Warner Bros. Discovery, Inc. has a 52-week low of $6.
64 and a 52-week high of $12.70. The company has a debt-to-equity ratio of 1.
03, a quick ratio of 0.80 and a current ratio of 0.80.
Warner Bros. Discovery ( NASDAQ:WBD – Get Free Report ) last announced its quarterly earnings data on Thursday, February 27th. The company reported ($0.
20) earnings per share for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.30).
Warner Bros. Discovery had a negative return on equity of 27.56% and a negative net margin of 28.
34%. The firm had revenue of $10.03 billion during the quarter, compared to analysts’ expectations of $10.
16 billion. On average, analysts anticipate that Warner Bros. Discovery, Inc.
will post -4.33 EPS for the current fiscal year. About Warner Bros.
Discovery ( Free Report ) Warner Bros. Discovery, Inc operates as a media and entertainment company worldwide. It operates through three segments: Studios, Network, and DTC.
The Studios segment produces and releases feature films for initial exhibition in theaters; produces and licenses television programs to its networks and third parties and direct-to-consumer services; distributes films and television programs to various third parties and internal television; and offers streaming services and distribution through the home entertainment market, themed experience licensing, and interactive gaming. See Also Want to see what other hedge funds are holding WBD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Warner Bros.
Discovery, Inc. ( NASDAQ:WBD – Free Report ). Receive News & Ratings for Warner Bros.
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