Rockefeller Capital Management L.P. Has $2.80 Million Stock Holdings in Warner Bros. Discovery, Inc. $WBD

Rockefeller Capital Management L.P. decreased its position in Warner Bros. Discovery, Inc. (NASDAQ:WBD) by 76.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 97,274 shares of the company’s stock after selling 316,880 shares during the period. Rockefeller Capital Management L.P.’s holdings in Warner Bros. Discovery were worth $2,803,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in WBD. Swiss RE Ltd. bought a new position in shares of Warner Bros. Discovery in the 4th quarter valued at about $26,000. Fideuram Asset Management Ireland dac acquired a new stake in shares of Warner Bros. Discovery during the 4th quarter worth approximately $29,000. MV Capital Management Inc. bought a new stake in shares of Warner Bros. Discovery during the fourth quarter worth approximately $30,000. JPL Wealth Management LLC bought a new stake in shares of Warner Bros. Discovery during the third quarter worth approximately $33,000. Finally, Rakuten Securities Inc. lifted its holdings in Warner Bros. Discovery by 81.5% in the fourth quarter. Rakuten Securities Inc. now owns 1,160 shares of the company’s stock valued at $33,000 after buying an additional 521 shares during the period. 59.95% of the stock is owned by institutional investors.

Warner Bros. Discovery News Roundup

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

• Positive Sentiment: Shares rose on reports that EU regulators may be willing to approve a Paramount deal involving Warner Bros. Discovery, raising hopes that a merger could unlock value for WBD shareholders. Article Title
• Positive Sentiment: Warner Bros. Discovery’s DC strategy remains in focus after Warner Bros. Animation announced three new DC TV series, reinforcing the company’s ability to keep building its superhero content pipeline. Article Title
• Positive Sentiment: The company also teamed with AWS around the “Supergirl” release, extending DC’s reach and adding another marketing/engagement channel for the franchise. Article Title
• Neutral Sentiment: Coverage on Warner Bros. Discovery’s lifestyle merchandising strategy questioned whether it deepens the DC brand or risks diluting focus; this looks more like a strategic debate than a near-term financial catalyst. Article Title
• Neutral Sentiment: Forbes reported that Warner Bros. is likely to keep its existing PVOD release strategy for DC’s “Supergirl,” suggesting continuity rather than a major change to the film monetization approach. Article Title

Warner Bros. Discovery Stock Performance

NASDAQ:WBD opened at $26.74 on Monday. The company has a market cap of $67.04 billion, a P/E ratio of -38.20 and a beta of 1.54. Warner Bros. Discovery, Inc. has a twelve month low of $10.76 and a twelve month high of $30.00. The business has a 50 day moving average price of $26.98 and a two-hundred day moving average price of $27.71. The company has a quick ratio of 0.73, a current ratio of 0.73 and a debt-to-equity ratio of 0.92.

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

Wall Street Analysts Forecast Growth

WBD has been the topic of a number of recent research reports. Zacks Research raised shares of Warner Bros. Discovery from a “strong sell” rating to a “hold” rating in a research note on Monday, June 1st. Weiss Ratings cut shares of Warner Bros. Discovery from a “hold (c-)” rating to a “sell (d-)” rating in a research report on Thursday, May 7th. Huber Research raised Warner Bros. Discovery from an “underweight” rating to an “overweight” rating in a research note on Monday, June 1st. Moffett Nathanson upgraded Warner Bros. Discovery from a “hold” rating to a “strong-buy” rating in a research report on Sunday, March 8th. Finally, Guggenheim reiterated a “neutral” rating on shares of Warner Bros. Discovery in a report on Thursday, May 7th. 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 assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $27.04.

Warner Bros. Discovery Company 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.