November 24, 2016 - By Linda Rogers · 0 Comments
Time Warner Inc (NYSE:TWX) institutional sentiment increased to 1.02 in 2016 Q2. Its up 0.09, from 0.93 in 2016Q1. The ratio is positive, as 371 active investment managers started new and increased equity positions, while 399 decreased and sold positions in Time Warner Inc. The active investment managers in our partner’s database now hold: 614.82 million shares, down from 650.52 million shares in 2016Q1. Also, the number of active investment managers holding Time Warner Inc in their top 10 equity positions decreased from 38 to 36 for a decrease of 2. Sold All: 65 Reduced: 334 Increased: 305 New Position: 66.
Time Warner Inc. is a media and entertainment company. The company has a market cap of $72.15 billion. The Firm operates through three divisions: Turner, which consists of cable networks and digital media properties; Home Box Office, which consists of domestic premium pay television and streaming services, and international premium pay, basic tier television services and streaming services, and Warner Bros., which consists of television, feature film, home video and videogame production and distribution. It has a 16.51 P/E ratio. The Firm also holds interests in companies that operate broadcast networks.
The stock increased 0.49% or $0.45 on November 23, hitting $92.78. About 3.39M shares traded hands. Time Warner Inc (NYSE:TWX) has risen 21.04% since April 22, 2016 and is uptrending. It has outperformed by 15.63% the S&P500.
Analysts await Time Warner Inc (NYSE:TWX) to report earnings on February, 8. They expect $1.19 earnings per share, up 12.26% or $0.13 from last year’s $1.06 per share. TWX’s profit will be $925.40M for 19.49 P/E if the $1.19 EPS becomes a reality. After $1.83 actual earnings per share reported by Time Warner Inc for the previous quarter, Wall Street now forecasts -34.97% negative EPS growth.
According to Zacks Investment Research, “Time Warner Inc. is the world’s leading media and entertainment company, whose businesses include filmed entertainment, interactive services, television networks, cable systems, publishing and music.”
Goldentree Asset Management Lp holds 8.87% of its portfolio in Time Warner Inc for 501,807 shares. Springowl Associates Llc owns 15,000 shares or 7.82% of their US portfolio. Moreover, Independent Franchise Partners Llp has 6.61% invested in the company for 8.17 million shares. The New York-based Hs Management Partners Llc has invested 6.45% in the stock. Greenlight Capital Inc, a New York-based fund reported 4.72 million shares.#img1#
Insider Transactions: Since January 1, 0001, the stock had 0 insider buys, and 5 insider sales for $7.61 million net activity.
Ratings analysis reveals 67% of Time Warner Inc.’s analysts are positive. Out of 30 Wall Street analysts rating Time Warner Inc., 20 give it “Buy”, 0 “Sell” rating, while 10 recommend “Hold”. The lowest target is $71 while the high is $200. The stock’s average target of $93.86 is 1.16% above today’s ($92.78) share price. TWX was included in 71 notes of analysts from August 6, 2015. The firm has “Buy” rating by Topeka Capital Markets given on Tuesday, September 15. As per Monday, October 24, the company rating was downgraded by Credit Suisse. On Monday, October 24 the stock rating was downgraded by RBC Capital Markets to “Sector Perform”. Moffett Nathanson upgraded the stock to “Buy” rating in Thursday, November 17 report. Stifel Nicolaus maintained Time Warner Inc (NYSE:TWX) rating on Monday, October 24. Stifel Nicolaus has “Hold” rating and $105 price target. The firm earned “” rating on Friday, August 7 by Moffett Nathanson. On Monday, October 24 the stock rating was maintained by FBR Capital with “Mkt Perform”. The firm earned “Outperform” rating on Monday, November 7 by Credit Suisse. The rating was upgraded by Barclays Capital on Wednesday, October 26 to “Overweight”. The firm has “Equal-Weight” rating given on Tuesday, April 26 by Morgan Stanley.
Time Warner Inc. (Time Warner), February 4, 2000, is a media and entertainment company. The Firm operates in three reporting divisions: Networks, Film and TV Entertainment and Publishing. Networks consist of television networks and premium pay and basic tier television services and digital media properties. Film and TV Entertainment consists of feature film, television, home video and videogame production and distribution. Publishing consists of magazine publishing. In August 2012, Turner Broadcasting System, Inc. acquired Bleacher Report.
More important recent Time Warner Inc (NYSE:TWX) news were published by: Investorplace.com which released: “Why Trump Would Smack Time Warner Inc. (TWX) Down” on November 22, 2016, also Fool.com published article titled: “AT&T Inc Shows Huge Appetite for Acquisitions With $85 Billion Buyout of Time …”, Wsj.com published: “Oops! The Senate Just Summoned the Wrong Time Warner” on October 27, 2016. More interesting news about Time Warner Inc (NYSE:TWX) was released by: Bloomberg.com and their article: “Time Warner’s Upbeat Report Unheeded as AT&T Debate Continues” with publication date: November 02, 2016.
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By Linda Rogers