Warner Bros. Discovery, Inc. $WBD Shares Sold by Universal Beteiligungs und Servicegesellschaft mbH

Universal Beteiligungs und Servicegesellschaft mbH decreased its position in Warner Bros. Discovery, Inc. (NASDAQ:WBD) by 2.6% during the 3rd quarter, Holdings Channel reports. The firm owned 1,531,711 shares of the company’s stock after selling 40,590 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Warner Bros. Discovery were worth $29,914,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of WBD. Sage Mountain Advisors LLC acquired a new position in shares of Warner Bros. Discovery in the third quarter worth $268,000. Root Financial Partners LLC acquired a new position in shares of Warner Bros. Discovery in the 3rd quarter valued at about $48,000. Allstate Corp purchased a new stake in Warner Bros. Discovery during the third quarter worth approximately $1,667,000. Quantum Portfolio Management LLC increased its holdings in Warner Bros. Discovery by 55.5% in the 3rd quarter. Quantum Portfolio Management LLC now owns 34,400 shares of the company’s stock valued at $672,000 after purchasing an additional 12,281 shares in the last quarter. Finally, Amalgamated Bank grew its stake in shares of Warner Bros. Discovery by 6.4% in the third quarter. Amalgamated Bank now owns 462,848 shares of the company’s stock valued at $9,039,000 after buying an additional 27,847 shares in the last quarter. 59.95% of the stock is owned by hedge funds and other institutional investors.

Warner Bros. Discovery Stock Performance

Shares of WBD opened at $28.36 on Friday. The stock has a market capitalization of $70.28 billion, a PE ratio of 149.27 and a beta of 1.56. The business’s fifty day moving average price is $27.10 and its 200 day moving average price is $19.83. The company has a debt-to-equity ratio of 0.90, a current ratio of 1.07 and a quick ratio of 1.07. Warner Bros. Discovery, Inc. has a 12-month low of $7.52 and a 12-month high of $30.00.

Warner Bros. Discovery (NASDAQ:WBD) last issued its earnings results on Thursday, November 6th. The company reported ($0.06) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.02). Warner Bros. Discovery had a return on equity of 1.34% and a net margin of 1.28%.The business had revenue of $9.05 billion for the quarter, compared to analyst estimates of $9.17 billion. During the same period last year, the company posted $0.05 earnings per share. The firm’s revenue for the quarter was down 6.0% on a year-over-year basis. Equities research analysts forecast that Warner Bros. Discovery, Inc. will post -4.33 EPS for the current year.

Insider Activity

In other Warner Bros. Discovery news, CFO Gunnar Wiedenfels sold 242,994 shares of the firm’s stock in a transaction dated Wednesday, December 10th. The shares were sold at an average price of $29.50, for a total value of $7,168,323.00. Following the transaction, the chief financial officer owned 918,940 shares of the company’s stock, valued at $27,108,730. This trade represents a 20.91% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CAO Lori C. Locke sold 4,122 shares of the company’s stock in a transaction that occurred on Wednesday, December 10th. The shares were sold at an average price of $28.92, for a total value of $119,208.24. Following the transaction, the chief accounting officer directly owned 100,962 shares of the company’s stock, valued at $2,919,821.04. This trade represents a 3.92% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 489,326 shares of company stock worth $12,781,456. 1.90% of the stock is owned by company insiders.

Key Headlines Impacting Warner Bros. Discovery

Here are the key news stories impacting Warner Bros. Discovery this week:

• Positive Sentiment: Company statement says more than 93% of WBD shareholders rejected Paramount’s “inferior scheme,” signaling strong shareholder preference for Netflix’s offer, which supports the likelihood of a cash exit for WBD holders. Variety: Warner Bros. Discovery Says Over 93% of Shareholders Have ‘Rejected Paramount’s Inferior Scheme’
• Positive Sentiment: Netflix revised the offer to an all-cash bid, strengthening the economics of a deal for WBD shareholders (cash consideration reduces financing/stock risk). Yahoo Finance: Netflix makes all-cash offer for Warner
• Neutral Sentiment: Paramount Skydance extended its hostile tender-offer deadline to Feb. 20, prolonging the contest and leaving more time for shareholders to be solicited — outcome remains uncertain. Reuters: Paramount extends deadline on hostile Warner Bros bid to February 20
• Neutral Sentiment: The EU will review Netflix’s and Paramount’s rival bids simultaneously, an unusual head‑to‑head antitrust review that could speed a comparative decision but also adds complexity to approval odds. Reuters: EU to weigh Netflix, Paramount bids for Warner Bros at the same time
• Negative Sentiment: Paramount filed a lawsuit challenging WBD’s agreement with Netflix, adding legal risk that could delay or block the transaction and create uncertainty for WBD shareholders. PopCulture: Paramount Files Lawsuit Against Warner Bros. Discovery Over Netflix Deal
• Negative Sentiment: Regulatory scrutiny is intensifying: Netflix’s Ted Sarandos is scheduled to testify before a U.S. Senate committee about the deal, and regulators globally will weigh competition concerns — both raise the probability of delays, remedies, or blocks. Reuters: Netflix’s Sarandos to testify in Senate hearing on Warner deal
• Negative Sentiment: Separately, Netflix’s stock weakness and concerns about the cost/financing and integration of an $82.7B acquisition have tightened market sentiment around the deal, which could affect the transaction’s feasibility and timing. Reuters: Netflix defends Warner Bros bid as shares drop

Analysts Set New Price Targets

Several equities research analysts recently issued reports on WBD shares. Guggenheim downgraded shares of Warner Bros. Discovery from a “buy” rating to a “neutral” rating and lifted their price target for the stock from $25.00 to $30.00 in a research note on Wednesday, January 14th. Rothschild Redb upgraded Warner Bros. Discovery from a “hold” rating to a “strong-buy” rating in a research note on Thursday, October 30th. KeyCorp restated a “sector weight” rating on shares of Warner Bros. Discovery in a research note on Friday, September 26th. Benchmark lifted their price objective on Warner Bros. Discovery from $30.00 to $32.00 and gave the stock a “buy” rating in a report on Thursday, January 15th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $29.50 target price on shares of Warner Bros. Discovery in a research note on Monday, December 8th. Two investment analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and twelve have given a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $24.75.

About Warner Bros. Discovery

Warner Bros. Discovery (NASDAQ: WBD) is a global media and entertainment company formed when WarnerMedia and Discovery, Inc combined their businesses in 2022. Headquartered in New York City, the company assembles a broad portfolio of film and television production, linear and cable networks, streaming services and consumer distribution operations. Its assets span well-known studio brands, premium scripted and unscripted programming, news and factual entertainment, and licensed franchise properties.

The company’s core activities include film and television production and distribution through units such as Warner Bros.