Inc. Increases Stake in Time Warner Inc. (TWX)

Joanna Estrada
September 12, 2017

OZ Management LP now owns 6,243,467 shares of the media conglomerate's stock worth $610,049,000 after acquiring an additional 3,093,353 shares in the last quarter.

Time Warner Inc is a media and entertainment company. About 361,796 shares traded. Time Warner Inc (NYSE:TWX) has risen 36.37% since September 12, 2016 and is uptrending. It has outperformed by 19.67% the S&P500. The fund owned 36,130 shares of the media conglomerate's stock after selling 2,331 shares during the quarter. Assetmark Inc. now owns 2,628 shares of the media conglomerate's stock worth $257,000 after buying an additional 239 shares in the last quarter. Toll Brothers Inc now has $6.34 billion valuation. Great Lakes Advisors LLC now owns 10,936 shares of the media conglomerate's stock valued at $1,098,000 after buying an additional 695 shares in the last quarter. About 1.00 million shares traded. Toll Brothers Inc (NYSE:TOL) has risen 41.46% since September 12, 2016 and is uptrending. It has underperformed by 6.87% the S&P500. It also upped Vanguard Value Etf (VTV) stake by 7,555 shares and now owns 14,407 shares. The Company operates through three segments: Turner, which consists of cable networks and digital media properties; Home Box Office, which consists of domestic premium pay television and streaming services, and worldwide 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. Marathon Petroleum Corporation (NYSE:MPC) was reduced too.

Investors sentiment increased to 1.06 in Q4 2016. Its up 0.10, from 0.75 in 2016Q3. It improved, as 48 investors sold DVN shares while 271 reduced holdings. 38 funds opened positions while 130 raised stakes. Kbc Grp Nv reported 295,533 shares. Grace And White Inc Ny, New York-based fund reported 24,900 shares. Convergence Invest Prtn has invested 0.16% in Toll Brothers Inc (NYSE:TOL). More interesting news about Time Warner Inc (NYSE:TWX) were released by: Bloomberg.com and their article: "AT&T-Time Warner Deal Challenged by Brazil Antitrust Agency" published on August 22, 2017 as well as Latimes.com's news article titled: "AT&T's John Stankey hopes to avoid a disconnect in merger with Time Warner" with publication date: September 07, 2017. Riggs Asset Managment Company invested in 179 shares or 0.01% of the stock. Signature Est And Invest Advisors Ltd Liability Corporation invested 1.94% in Time Warner Inc (NYSE:TWX). Yorktown & Inc holds 0.27% or 11,200 shares in its portfolio. Moreover, Commerzbank Aktiengesellschaft Fi has 0.01% invested in Toll Brothers Inc (NYSE:TOL). Finally, Canada Pension Plan Investment Board boosted its stake in Time Warner by 624.8% during the second quarter. Lord Abbett And Llc has 205,590 shares for 0.06% of their portfolio. Bamco Inc sold 655,850 shares as Toll Brothers Inc (TOL)'s stock rose 20.17%. Nomura Asset Mgmt invested 0.03% in Markel Corporation (NYSE:MKL). Consolidated Inv Group Inc Ltd Liability Co invested in 2.8% or 46,195 shares. First Manhattan owns 1,544 shares for 0.01% of their portfolio. Private Tru Na reported 7,384 shares.

Among 4 analysts covering Markel Corporation (NYSE:MKL), 2 have Buy rating, 0 Sell and 2 Hold. Therefore 67% are positive. Evercore ISI downgraded Time Warner from an "outperform" rating to an "in-line" rating and set a $108.00 price objective on the stock.in a report on Monday, August 7th. The rating was maintained by Topeka Capital Markets on Tuesday, September 15 with "Buy". Morgan Stanley reiterated an "overweight" rating on shares of Time Warner in a report on Thursday, July 6th. BidaskClub downgraded Time Warner from a "strong-buy" rating to a "buy" rating in a report on Thursday, July 13th. The stock of Time Warner Inc (NYSE:TWX) earned " rating by Moffett Nathanson on Friday, August 7. BTIG Research maintained the shares of TEVA in report on Friday, April 7 with "Neutral" rating. The company was maintained on Monday, August 14 by RBC Capital Markets. Macquarie Research maintained it with "Outperform" rating and $90 target in Friday, September 11 report. Time Warner has a 52-week low of $55.53 and a 52-week high of $97.35. (NYSE:TWX), 14 have Buy rating, 0 Sell and 22 Hold. Therefore 100% are positive. Equities analysts predict that Time Warner Inc. will post $6.10 earnings per share for the current year. As per Thursday, January 21, the company rating was initiated by Albert Fried. BMO Capital Markets has "Hold" rating and $10800 target. RBC Capital Markets maintained Time Warner Inc (NYSE:TWX) rating on Thursday, November 5. The firm has "Buy" rating given on Tuesday, September 5 by KeyBanc Capital Markets. Pivotal Research initiated the shares of TWX in report on Tuesday, October 20 with "Buy" rating. Credit Suisse downgraded the stock to "Neutral" rating in Monday, October 24 report. The rating was upgraded by RBC Capital Markets on Tuesday, April 11 to "Outperform".

Investors sentiment increased to 0.85 in 2016 Q4. Its up 0.06, from 1.02 in 2016Q3.

Other large investors have also recently bought and sold shares of the company. The media conglomerate reported $1.33 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.19 by $0.14. Cap One Natl Association reported 0.08% in Time Warner Inc (NYSE:TWX). 1,445 are held by Thompson Davis And. The original version of this news story can be viewed at https://www.dispatchtribunal.com/2017/09/12/robeco-institutional-asset-management-b-v-trims-holdings-in-time-warner-inc-twx.html.

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