Warner Bros. Discovery, Inc. $WBD Stock Position Lessened by Banco Bilbao Vizcaya Argentaria S.A.

Banco Bilbao Vizcaya Argentaria S.A. decreased its holdings in Warner Bros. Discovery, Inc. (NASDAQ:WBD) by 2.7% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 971,021 shares of the company’s stock after selling 27,167 shares during the quarter. Banco Bilbao Vizcaya Argentaria S.A.’s holdings in Warner Bros. Discovery were worth $27,985,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently modified their holdings of the company. Private Advisory Group LLC bought a new position in shares of Warner Bros. Discovery in the fourth quarter worth $3,438,000. Hauser Brothers GmbH grew its stake in shares of Warner Bros. Discovery by 19.8% in the third quarter. Hauser Brothers GmbH now owns 2,877,000 shares of the company’s stock worth $56,188,000 after purchasing an additional 476,000 shares in the last quarter. US Bancorp DE grew its stake in shares of Warner Bros. Discovery by 32.7% in the third quarter. US Bancorp DE now owns 175,293 shares of the company’s stock worth $3,423,000 after purchasing an additional 43,240 shares in the last quarter. Triad Investment Management bought a new position in Warner Bros. Discovery during the 4th quarter valued at $9,383,000. Finally, Mn Services Vermogensbeheer B.V. boosted its stake in Warner Bros. Discovery by 4.3% during the 4th quarter. Mn Services Vermogensbeheer B.V. now owns 916,705 shares of the company’s stock valued at $26,419,000 after purchasing an additional 38,105 shares in the last quarter. Institutional investors own 59.95% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on WBD. Huber Research raised Warner Bros. Discovery from an “underweight” rating to an “overweight” rating in a research note on Monday, June 1st. Benchmark reaffirmed a “hold” rating on shares of Warner Bros. Discovery in a research note on Friday, February 27th. Wells Fargo & Company began coverage on Warner Bros. Discovery in a research note on Monday, March 9th. They set an “equal weight” rating and a $31.00 price target for the company. UBS Group increased their price target on Warner Bros. Discovery from $30.00 to $31.00 and gave the company a “neutral” rating in a research note on Thursday, May 7th. Finally, Moffett Nathanson raised Warner Bros. Discovery from a “hold” rating to a “strong-buy” rating in a research note on Sunday, March 8th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, fourteen have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, Warner Bros. Discovery presently has a consensus rating of “Hold” and a consensus target price of $27.04.

More Warner Bros. Discovery News

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

• Positive Sentiment: Chinese regulators reportedly cleared the Paramount Skydance-Warner Bros. Discovery merger, removing another hurdle for the deal and boosting the odds that WBD shareholders receive the agreed cash value. Chinese regulators clear Paramount Skydance-Warner Bros Discovery merger, source says
• Positive Sentiment: Multiple reports say the DOJ has already approved the merger, which lowers regulatory risk and strengthens the merger-arbitrage case for WBD. Paramount Skydance wins DOJ approval for Warner Bros. Discovery merger
• Positive Sentiment: Market commentary highlights the deal as a major catalyst, noting WBD still trades below the $31 cash buyout price, leaving a potential merger-arbitrage spread for investors. Plot Twist: How the $110B Paramount-Warner Deal Rewrites Media
• Neutral Sentiment: Sector articles discussing APAC growth, local content, and broader streaming competition provide background on the media landscape, but do not appear to be a direct stock-moving catalyst for WBD today. Netflix, Prime Video, Disney and WBD on Local Content and APAC Growth
• Negative Sentiment: The stock also weakened in the latest session, with coverage pointing to WBD falling more than the broader market, reflecting ongoing investor caution despite the merger news. Here’s Why Warner Bros. Discovery (WBD) Fell More Than Broader Market

Warner Bros. Discovery Stock Performance

WBD opened at $26.24 on Thursday. The firm has a market cap of $65.79 billion, a PE ratio of -37.49 and a beta of 1.54. The company has a quick ratio of 0.73, a current ratio of 0.73 and a debt-to-equity ratio of 0.92. The business has a fifty day simple moving average of $27.07 and a 200-day simple moving average of $27.62. Warner Bros. Discovery, Inc. has a fifty-two week low of $10.27 and a fifty-two week high of $30.00.

Warner Bros. Discovery (NASDAQ:WBD) last released its quarterly earnings data on Wednesday, May 6th. The company reported ($1.17) earnings per share for the quarter, missing the consensus estimate of ($0.10) by ($1.07). The company had revenue of $8.89 billion for the quarter, compared to the consensus estimate of $8.89 billion. Warner Bros. Discovery had a negative return on equity of 4.77% and a negative net margin of 4.67%.The business’s revenue was down 1.0% compared to the same quarter last year. During the same period in the prior year, the business earned ($0.18) earnings per share. As a group, equities analysts predict that Warner Bros. Discovery, Inc. will post -1.07 EPS for the current fiscal year.

Warner Bros. Discovery Profile

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.