Economy

Prudential PLC Sells 297119 Shares of Time Warner Inc. (NYSE:TWX)

A number of equities research analysts have weighed in on the company. The stock has a 50 day moving average price of $102.04 and a 200-day moving average price of $100.45. About 2.20M shares traded. General Electric Company (NYSE:GE) has declined 4.46% since October 19, 2016 and is downtrending. It has underperformed by 6.57% the S&P500. California State Teachers Retirement Sys reported 0.32% in Time Warner Inc (NYSE:TWX). First Allied Advisory holds 5,335 shares.

Prudential PLC reduced its holdings in shares of Time Warner Inc. The stock declined 0.70% or $0.72 reaching $101.48 on the news. About 894,303 shares traded. Focused Investors Llc sold 186,000 shares as Time Warner Inc. It has outperformed by 19.67% the S&P500.The move comes after 7 months positive chart setup for the $79.74B company.

Since June 15, 2017, it had 1 buy, and 0 insider sales for $25,416 activity. The Company operates through three segments: Turner, which consists of cable networks and digital media properties; Home Box Office, which consists of premium pay television and over the top (OTT) services and premium pay, basic tier television and OTT services internationally, and Warner Bros., which consists of television, feature film, home video, and videogame production and distribution. (NYSE:TWX), 12 have Buy rating, 0 Sell and 26 Hold. Therefore 32% are positive. Time Warner Inc. had 102 analyst reports since August 6, 2015 according to SRatingsIntel. Cowen and Company reissued a "hold" rating and set a $107.50 target price on shares of Time Warner in a report on Thursday, October 12th. The stock of Time Warner Inc (NYSE:TWX) has "Buy" rating given on Thursday, August 4 by Jefferies. The stock has "Outperform" rating by Wedbush on Tuesday, August 4. The rating was downgraded by Goldman Sachs to "Neutral" on Monday, October 24. The stock of Time Warner Inc (NYSE:TWX) earned "Mkt Perform" rating by FBR Capital on Friday, February 19. As per Monday, October 16, the company rating was maintained by RBC Capital Markets. Piper Jaffray maintained it with "Hold" rating and $19.0 target in Sunday, September 17 report. RBC Capital Markets has "Sector Perform" rating and $108 target. The firm has "Hold" rating by Stifel Nicolaus given on Wednesday, January 11. Investors of record on Tuesday, October 10th will be paid a $0.4025 dividend. Its up 0.10, from 0.75 in 2017Q1.

Other large investors also recently bought and sold shares of the company. 73 funds opened positions while 283 raised stakes. RI now owns 11,484 shares of the media conglomerate's stock valued at $1,122,000 after acquiring an additional 105 shares in the last quarter. Legal & General Group Plc lifted its stake in shares of Time Warner by 2.6% in the 2nd quarter. The New York-based Capital One Natl Association has invested 0.06% in Time Warner Inc (NYSE:TWX). Rational Advisors LLC bought a new stake in Time Warner during the 1st quarter valued at $850,000. Harvey Inc reported 0.77% in Time Warner Inc (NYSE:TWX). Badgley Phelps & Bell has 0.77% invested in Time Warner Inc (NYSE:TWX) for 98,840 shares. First Interstate Bancorp invested in 0% or 53 shares. Moreover, Symons Capital Management Inc has 3.79% invested in the company for 329,606 shares. Atlas Browninc reported 3,194 shares stake. 170,000 were reported by Moore Mgmt Limited Partnership. Zacks Inv Mngmt has 171,347 shares. Manufacturers Life Insur Co The reported 873,246 shares. Stephens Incorporated Ar holds 0.04% or 10,864 shares in its portfolio.

ILLEGAL ACTIVITY NOTICE: "Cetera Investment Advisers Buys Shares of 4,705 Time Warner Inc".

More notable recent Time Warner Inc (NYSE:TWX) news were published by: Reuters.com which released: "Brazil antitrust regulator to approve AT&T-Time Warner merger: media" on October 16, 2017, also Latimes.com with their article: "With consent from Brazil, AT&T has only one regulatory hurdle left before it ..." published on October 18, 2017, Bizjournals.com published: "AT&T takes a step toward finalizing acquisition of Time Warner" on September 28, 2017. Time Warner's dividend payout ratio (DPR) is 29.98%. The ex-dividend date of this dividend is Friday, October 6th.

Investors sentiment decreased to 0.79 in Q2 2017. Ifc Fl invested in 24,175 shares. Barrett Asset Mgmt Limited Liability Corp owns 148,860 shares or 1.13% of their U.S. portfolio. 999,172 are held by Vulcan Value Partners Limited Liability. Vaughan David Il holds 276,529 shares. Bahl & Gaynor Incorporated reported 0.03% stake. Kingfisher Capital Ltd Liability Corporation owns 3,258 shares. Ent Fin Corp invested in 0.02% or 489 shares. Stelac Advisory Svcs Limited Liability Com invested in 26,259 shares. The company has market cap of $2.24 billion. The Maryland-based Investment Counselors Of Maryland Llc has invested 1.08% in the stock. Fernwood Investment Management Llc, a Massachusetts-based fund reported 75,430 shares. High Pointe Capital Limited Liability Corp reported 41,050 shares.

Among 13 analysts covering Allegiant Travel (NASDAQ:ALGT), 3 have Buy rating, 1 Sell and 9 Hold. Allegiant Travel had 40 analyst reports since July 22, 2015 according to SRatingsIntel. The ex-dividend date is Friday, October 6th. On Thursday, August 6 the stock rating was maintained by S&P Research with "Buy". Morgan Stanley has "Equal-Weight" rating and $31 target. Needham & Company LLC reaffirmed a "hold" rating on shares of Time Warner in a research report on Tuesday, September 26th. The firm earned "In-Line" rating on Wednesday, April 12 by Imperial Capital. As per Thursday, January 14, the company rating was initiated by Drexel Hamilton. The stock has "Hold" rating by Jefferies on Thursday, June 8. Cowen & Co maintained Allegiant Travel Company (NASDAQ:ALGT) on Monday, August 1 with "Market Perform" rating.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.



Like this

loading...
loading...

Latest


20 October 2017
Christina El Moussa Boyfriend: Doug Spedding Checks Into Rehab?
Christina is the type of person who sees the best side of others, and that's how she was with Doug. Now, it seems, it's all catching up to him, as he's now single and back in rehab .

20 October 2017
3 fatally shot near Colorado State campus
Officials say they are not looking for a suspect and there is no threat to the community, but would not provide further details. University police sent text and email alerts to students and employees at 2:35 a.m. alerting them to the shooting.

20 October 2017
FCC Puts Two-Week Pause on Review of Sinclair-Tribune Merger
Sinclair has said the scale and efficiencies that will come from the merger will ensure the future of free over-the-air-televison. Opponents of the deal say it will raise prices while narrowing content and news viewing choices for millions of Americans.

20 October 2017
Long term Growth Analysis of Annaly Capital Management Inc (NYSE:NLY)
It dropped, as 62 investors sold NLY shares while 132 reduced holdings. 53 funds opened positions while 155 raised stakes. Van Eck Associates Corp decreased Allergan Plc stake by 19,782 shares to 344,056 valued at $83.64 million in 2017Q2.

20 October 2017
Iran's Revolutionary Guards to accelerate ballistic missile project despite USA pressure
Tehran has repeatedly pledged to continue what it calls a defensive missile capability in defiance of Western criticism. The Trump administration has imposed new unilateral sanctions targeting Iran's missile activity.

20 October 2017
Xcel Energy Inc. (NYSE:XEL) Quarterly Analysis
The consensus recommendation - averaging the work of 21 analysts - of 2.5 for Deere & Company (DE) points to moderate case. Following the transaction, the executive vice president now owns 80,221 shares in the company, valued at $3,790,442.25.

20 October 2017
MI ranks #6 for vulnerability to identity theft, fraud
The Golden State was also fifth in identity theft complaints per capita, but tied for 10th in fraud and theft prevention policy. The state ranks second in most identity thefts per capita and fourth in most fraud complaints per capita.

19 October 2017
Under fire, embattled Morneau commits to finally put assets in blind trust
Guy Caron, the NDP's leader in the House, said Morneau Shepell's share price jumped after that bill was introduced past year . She added that, at the time of resignation, public filings showed he owned 2,254,109 shares in Morneau Shepell.

19 October 2017
Flexion Therapeutics, Inc. (FLXN) Given "Outperform" Rating at BMO Capital Markets
The share price of Flexion Therapeutics Inc (FLXN) was down -4.30% during the last trading session, with a day high of 25.52. Following the completion of the acquisition, the insider now owns 5,000 shares of the company's stock, valued at $120,750.

19 October 2017
Honeywell International (HON) Receiving Somewhat Favorable Press Coverage, Analysis Shows
The firm has "Buy" rating given on Wednesday, July 22 by Benchmark. (NYSE:HON) on Monday, October 5 with "Overweight" rating. BidaskClub lowered Honeywell International from a "buy" rating to a "hold" rating in a research report on Monday, July 31st.