FourThought Financial LLC acquired a new position in shares of Warner Bros. Discovery, Inc. (NASDAQ:WBD – Get Rating) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 14,231 shares of the company’s stock, valued at approximately $164,000.
Several other large investors also recently modified their holdings of the company. Integrated Investment Consultants LLC acquired a new stake in shares of Warner Bros. Discovery during the third quarter worth $357,000. Sunbelt Securities Inc. bought a new position in Warner Bros. Discovery during the third quarter worth $278,000. ST Germain D J Co. Inc. bought a new position in Warner Bros. Discovery during the third quarter worth $179,000. California State Teachers Retirement System bought a new position in Warner Bros. Discovery during the third quarter worth $45,628,000. Finally, River & Mercantile Asset Management LLP bought a new position in Warner Bros. Discovery during the third quarter worth $1,009,000. 55.18% of the stock is currently owned by institutional investors and hedge funds.
Warner Bros. Discovery Price Performance
Warner Bros. Discovery stock opened at $14.34 on Friday. Warner Bros. Discovery, Inc. has a 52 week low of $8.82 and a 52 week high of $27.50. The company’s 50 day moving average price is $14.46 and its two-hundred day moving average price is $12.56. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 1.01. The stock has a market cap of $34.85 billion, a P/E ratio of -5.47, a P/E/G ratio of 0.97 and a beta of 1.50.
Wall Street Analysts Forecast Growth
Warner Bros. Discovery Profile
Warner Bros. Discovery, Inc operates as a media and entertainment company. It creates and distributes a portfolio of content and brands across television, film, and streaming. Its brands and products include Discovery Channel, discovery+, CNN, CNN+, DC, Eurosport, HBO, HBO Max, HGTV, Food Network, Investigation Discovery, TLC, TNT, TBS, truTV, Travel Channel, MotorTrend, Animal Planet, Science Channel, Warner Bros.
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