Economy

Time Warner Inc. New (NYSE:TWX) Experiences Lighter than Usual Trading Volume

People s United Financial Inc. boosted its holdings in Time Warner Inc. More interesting news about Time Warner Inc (NYSE:TWX) were released by: Wsj.com and their article: "AT&T CEO Pledges to Keep "Telephone Company Culture" Out of Time Warner" published on October 04, 2017 as well as Nasdaq.com's news article titled: "Pensionfund DSM Netherlands Buys General Electric Co, CVS Health Corp, Time ..." with publication date: October 04, 2017. Waldron LP now owns 5,340 shares of the media conglomerate's stock worth $508,000 after purchasing an additional 3,093 shares during the last quarter. As of quarter end Fulton Bank, N.a. had sold a total of 10 shares trimming its position 18.9%. The Company also holds interests in companies that operate broadcast networks. BlackRock Inc. increased its stake in Time Warner by 2,169.2% during the 1st quarter. The institutional investor owned 109,064 shares of the media conglomerate's stock after buying an additional 2,946 shares during the quarter. Patriot Financial Group Insurance Agency LLC increased its position in Time Warner by 9.9% during the 1st quarter. Canyon Capital Advisors LLC now owns 5,695,848 shares of the media conglomerate's stock worth $556,541,000 after buying an additional 4,549,848 shares during the period. Jacobi Capital Management LLC lifted its stake in Time Warner by 2.1% in the 2nd quarter. OZ Management LP now owns 6,243,467 shares of the media conglomerate's stock worth $610,049,000 after buying an additional 3,093,353 shares during the period. Koshinski Asset Management, Inc. now holds 4,564 shares with a value of $458,225,000. Harfst & Associates Inc. increased its position in Time Warner by 31.6% during the 2nd quarter. Cantab Capital Partners Llp now owns 26,732 shares valued at $2,684,000,000.

These firms have modified their investment in TWX. Needham & Company LLC reaffirmed a "hold" rating on shares of Time Warner in a research note on Tuesday, September 26th.

On August 3, 2017 the stock rating was rated "Hold" by Jefferies which is down from the previous "Buy" rating. Finally, Evercore ISI lowered Time Warner from an "outperform" rating to an "in-line" rating and set a $108.00 target price on the stock.in a research report on Monday, August 7th. Finally, BidaskClub raised Time Warner from a "hold" rating to a "buy" rating in a research note on Tuesday, August 1st. The company has a consensus rating of "Hold" and an average target price of $102.91.

ILLEGAL ACTIVITY NOTICE: This piece of content was reported by Week Herald and is the sole property of of Week Herald. If you are reading this story on another website, it was illegally stolen and republished in violation of US and global copyright & trademark legislation. The correct version of this story can be read at https://www.dispatchtribunal.com/2017/10/08/sun-life-financial-inc-acquires-16297-shares-of-time-warner-inc-twx.html. Lenox Wealth Mgmt Incorporated holds 0.01% of its portfolio in Time Warner Inc (NYSE:TWX) for 318 shares. (NYSE:TWX) opened at 103.30 on Monday.

The P/E ratio is 19.17 and the market cap is 80.35B.

Among 37 analysts covering Time Warner Inc.

Company shares are trading at $103.30 which is marginally higher than $101.93, the 50 day moving average and which is just over the 200 day moving average of $100.16. The dividend payment was $0.403 per share for the quarter or $1.61 annualized. The company had revenue of $7.33 billion during the quarter, compared to analyst estimates of $7.29 billion. Time Warner had a return on equity of 19.14% and a net margin of 14.10%. Analysts expect next quarter's EPS to be $1.51 with next year's EPS projected to be $6.49. As of the last earnings report the EPS was $5.39 and is projected to be $6.10 for the current year with 777,801,000 shares outstanding.

More notable recent Rayonier Advanced Materials Inc (NYSE:RYAM) news were published by: Reuters.com which released: "BRIEF-Rayonier Advanced Materials temporarily suspends operations due to ..." on September 08, 2017, also Businesswire.com with their article: "Rayonier Advanced Materials and Tembec Provide Update on Transaction" published on September 21, 2017, Businesswire.com published: "Rayonier Advanced Materials Announces Restart of Operations after Hurricane Irma" on September 12, 2017. Shareholders of record on Tuesday, October 10th will be issued a $0.4025 dividend. This dividend amount will represent a yield of $1.57. The stock has "Buy" rating by RBC Capital Markets on Friday, October 6.



Like this

loading...
loading...

Latest


09 October 2017
Model gets rape threats for not shaving her legs
The photo was "liked" more than 20,000 times and received more than 1,000 comments. "Wtf is wrong with you girl?" writes one user. Byström, 26, began receiving the threats after the campaign was posted to YouTube, BBC News reported Wednesday.

09 October 2017
Militant killed in Shopian gunfight
The youth were killed by troops during a siege and search operation at Gatipora, Kellar area of the district. Security forces also retaliated, ensuing an encounter in which two militants were killed so far, they said.

09 October 2017
LyondellBasell Industries NV (LYB) Stake Lowered by PointState Capital LP
Over the last five days, shares have faced -0.3% losses and now is up 12.78% since hitting its 200-day moving average of $87.1. It improved, as 24 investors sold VEEV shares while 83 reduced holdings. 99 funds opened positions while 89 raised stakes.

09 October 2017
Driver dies in head-on crash with Cleveland fire truck
The driver, who died at the scene, was traveling at speeds in excess of the 25 miles per hour limit, according to investigators. Police say a 41-year-old woman died when her Nissan crashed into a fire truck around midnight. on St.

09 October 2017
Microsoft Corp (NASDAQ:MSFT) Institutional Investors Sentiment
The company was maintained on Thursday, July 6 by Canaccord Genuity. (NASDAQ:AAPL) on Tuesday, October 18 with "Hold" rating. Also, insider G Mason Morfit sold 7,000,000 shares of the firm's stock in a transaction on Tuesday, August 8th.

09 October 2017
Analysts Expect Plug Power, Inc
Parametric Portfolio Associates LLC acquired a new position in shares of Plug Power in the 1st quarter valued at about $649,000. Finally, ValuEngine upgraded shares of Plug Power from a sell rating to a hold rating in a research note on Friday, July 7th.

09 October 2017
Singapore's City Developments mulls buyout of United Kingdom hotel arm
Millennium & Copthorne's founder and chairman Kwek Leng Beng also serves as the executive chairman of its majority shareholder. In the first half of this year, the hotel group accounted for 49 percent of CDL's revenue.

09 October 2017
Chicago Man Arrested For Vandalizing Christopher Columbus Statue
In the last five years 45 cities in 20 states have either replaced or removed Columbus Day ; 14 cities have done it in 2017 alone. President Trump does not acknowledge Native Americans in his first proclamation of Columbus Day , breaking with his predecessor.

09 October 2017
Local closures set for Columbus Day
The same thing can be said about stores and malls as the holiday gives them the flawless opportunity to make business. The Lamesa Post Office lobby will be closed and there will be no delivery of mail on Monday.

09 October 2017
U.S. deserved 1-0 victory over Ghana's Starlets- Nii Odartey Lamptey
It was end-to-end stuff with Colombia slightly dominating initially before Ghana stamped their authority as the match went on. A win for each of the countries will secure their qualification to the next round of the competition with a game to spare.