Time Warner (NYSE:TWX) Is a Company that Loop Capital Seems to Dislike as Downgrade in Given

June 14, 2018 - By Marguerite Chambers

Time Warner Inc. (NYSE:TWX) Logo

Investors sentiment increased to 0.98 in 2018 Q1. Its up 0.07, from 0.91 in 2017Q4. It is positive, as 68 investors sold Time Warner Inc. shares while 336 reduced holdings. 98 funds opened positions while 299 raised stakes. 589.17 million shares or 1.52% less from 598.25 million shares in 2017Q4 were reported.

Fragasso reported 0.4% in Time Warner Inc. (NYSE:TWX). 33,641 were reported by United Advisers. Moreover, Hengistbury Prtn Llp has 5.66% invested in Time Warner Inc. (NYSE:TWX) for 347,000 shares. Bessemer Gru owns 3,065 shares or 0% of their US portfolio. 707,916 were accumulated by Stifel. Omers Administration Corporation holds 0.3% in Time Warner Inc. (NYSE:TWX) or 321,800 shares. Macquarie Group Incorporated holds 31,853 shares. Parsec Financial Mgmt Inc has 0.42% invested in Time Warner Inc. (NYSE:TWX). Alpha Cubed Lc stated it has 5,712 shares. 423,984 are held by Artemis Invest Mgmt Limited Liability Partnership. Kemnay Advisory Services holds 3.13% or 76,662 shares. Motco reported 0.02% stake. Ballentine Partners Ltd Liability Corporation reported 0.02% stake. Cap Ww Investors reported 0% in Time Warner Inc. (NYSE:TWX). Moreover, Howe And Rusling has 0.01% invested in Time Warner Inc. (NYSE:TWX) for 300 shares.

Since February 5, 2018, it had 0 buys, and 2 sales for $766,866 activity. BARR WILLIAM P sold $390,647 worth of stock or 4,019 shares.

Time Warner (NYSE:TWX) Receives a Downgrade

Loop Capital decreased the rating for shares of Time Warner (NYSE:TWX) to a”Hold” from a “Buy”. The rating change was sent to investors and clients in an analyst note earlier today.

Time Warner Inc. (NYSE:TWX) Ratings Coverage

Among 12 analysts covering Time Warner Inc (NYSE:TWX), 5 have Buy rating, 0 Sell and 7 Hold. Therefore 42% are positive. Time Warner Inc has $11000 highest and $98.0 lowest target. $103.94’s average target is 4.76% above currents $99.22 stock price. Time Warner Inc had 14 analyst reports since January 4, 2018 according to SRatingsIntel. The stock has “Buy” rating by Guggenheim on Thursday, February 1. The company was downgraded on Tuesday, April 17 by Pivotal Research. On Thursday, February 1 the stock rating was maintained by RBC Capital Markets with “Hold”. The rating was downgraded by Barrington Research on Wednesday, June 13 to “Market Perform”. The firm has “Overweight” rating given on Friday, February 2 by Barclays Capital. The firm has “Buy” rating given on Wednesday, January 31 by Moffett Nathanson. UBS upgraded Time Warner Inc. (NYSE:TWX) on Monday, March 12 to “Buy” rating. The firm earned “Hold” rating on Thursday, January 4 by Wells Fargo. The firm has “Buy” rating given on Thursday, January 4 by Guggenheim. The firm has “Neutral” rating given on Wednesday, June 13 by Moffett Nathanson.

The stock increased 1.30% or $1.28 during the last trading session, reaching $99.22. About 17.56 million shares traded or 164.48% up from the average. Time Warner Inc. (NYSE:TWX) has declined 5.23% since June 14, 2017 and is downtrending. It has underperformed by 17.80% the S&P500.

Analysts await Time Warner Inc. (NYSE:TWX) to report earnings on August, 1. They expect $1.58 earnings per share, up 18.80 % or $0.25 from last year’s $1.33 per share. TWX’s profit will be $1.24B for 15.70 P/E if the $1.58 EPS becomes a reality. After $2.28 actual earnings per share reported by Time Warner Inc. for the previous quarter, Wall Street now forecasts -30.70 % negative EPS growth.

Time Warner Inc. operates as a media and entertainment firm in the United States and internationally. The company has market cap of $77.63 billion. It operates through three divisions: Turner, Home Box Office, and Warner Bros. It has a 14.95 P/E ratio. The Turner segment creates and programs branded news, entertainment, sports, and kids multi-platform content for consumers.

More notable recent Time Warner Inc. (NYSE:TWX) news were published by: Seekingalpha.com which released: “AT&T: Ignore The Noise, Follow The Fundamentals” on June 09, 2018, also Streetinsider.com with their article: “After-Hours Stock Movers 06/12: (ENPH) (FOXA) (TWX) Higher; (VTVT) (HRB) (OXM) Lower (more…)” published on June 12, 2018, Seekingalpha.com published: “AT&T Hits Rock Bottom – Buy Or Beware?” on June 14, 2018. More interesting news about Time Warner Inc. (NYSE:TWX) were released by: Finance.Yahoo.com and their article: “With or Without Time Warner, AT&T Stock Isn’t Worth Buying” published on June 13, 2018 as well as Fool.com‘s news article titled: “Here’s How Netflix Made Warner Bros. Television Fork Over $300 Million” with publication date: June 14, 2018.

Time Warner Inc. (NYSE:TWX) Institutional Positions Chart

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