From MarketBeat:

Baxter Bros Inc reduced its shares in Warner Bros. Discovery by 27.5% in the third quarter, worth $2,974,000. Other hedge funds raised holdings in the company, including Providence Capital Advisors LLC, KB Financial Partners LLC, Country Trust Bank, Hanson & Doremus Investment Management, and Capital Advisors Ltd. LLC. The stock is currently 58.26% owned by institutional investors and hedge funds.

Warner Bros. Discovery stock performed at $11.38, with a trading volume of 20,267,524 shares. The company’s 52-week low was $9.18 and high was $16.34. On November 8th, the company reported ($0.17) EPS for the quarter, with a negative return on equity of 0.47%.

The company sold 10,000,000 shares, with the director now holding 184,023,290 shares, valued at approximately $2,298,450,892.10. Analysts recently updated price objectives on Warner Bros. Discovery, and the stock has a consensus rating of “Moderate Buy” with a consensus price target of $16.73.

Warner Bros. Discovery operates as a media and entertainment company, producing and releasing feature films, licensing television programs, distributing films and television programs, offering streaming services, and home entertainment services. If you’re considering investing in Warner Bros. Discovery, you may want to look into the latest 13F filings and insider trades for a comprehensive view.



Read more: Warner Bros. Discovery, Inc. (NASDAQ:WBD) Shares Sold by Baxter Bros Inc.