Are Investors Shying Away from Time Warner Inc. (NYSE:TWX)?

Marco Green
October 12, 2017

KW's SI was 9.33M shares in October as released by FINRA. Its down 44.44% from 900 shares previously. With 390,000 avg volume, 24 days are for Kennedy Wilson Holdings Incorporated (NYSE:KW)'s short sellers to cover KW's short positions. 1,436,770 shares of the stock were exchanged. Timkensteel Corp (NYSE:TMST) has risen 34.77% since October 12, 2016 and is uptrending. It has underperformed by 40.63% the S&P500.

Yakira Capital Management Inc increased its stake in Time Warner Inc (TWX) by 67.26% based on its latest 2017Q2 regulatory filing with the SEC.

Time Warner Inc. has a consensus hold rating from 29 Wall Street analysts, and the number of shares now sold short amount to at least 1.09% of shares outstanding. Stillwater Investment Management LLC now owns 2,388 shares of the media conglomerate's stock valued at $240,000 after acquiring an additional 9 shares in the last quarter. Time Warner Inc now has $79.48 billion valuation.

Shares of Time Warner (TWX) opened at 103.38 on Thursday. About 754,017 shares traded.

Time Warner (NYSE:TWX) last posted its earnings results on Wednesday, August 2nd. It has outperformed by 19.67% the S&P500. Jefferies Group analyst J. Janedis now forecasts that the media conglomerate will earn $1.57 per share for the quarter, up from their prior estimate of $1.53. They expect $1.59 earnings per share, down 13.11% or $0.24 from last year's $1.83 per share.

Analysts await Time Warner Inc (NYSE:TWX) to report earnings on November, 1. It improved, as 14 investors sold Kennedy-Wilson Holdings Inc shares while 29 reduced holdings. Fortive Corp was raised too. Analysts have placed a $105.85 price target on Time Warner Inc., suggesting a 2.39% gain from recent close. One research analyst has rated the stock with a sell rating, twenty-seven have issued a hold rating and seven have assigned a buy rating to the company. Therefore 35% are positive. Finally, Zacks Investment Research downgraded shares of Time Warner from a "buy" rating to a "hold" rating in a research report on Monday, August 7th. The company was upgraded on Friday, August 7 by Moffett Nathanson. The firm earned "Strong-Buy" rating on Tuesday, August 11 by Vetr. Finally, North Star Investment Management Corp. grew its holdings in shares of Time Warner by 1.1% during the 2nd quarter. The firm has "Buy" rating given on Wednesday, November 2 by Pivotal Research. The firm has "Outperform" rating by RBC Capital Markets given on Thursday, November 5. Morgan Stanley reissued an "overweight" rating on shares of Time Warner in a research report on Thursday, July 6th. The firm has "Neutral" rating given on Monday, October 24 by Macquarie Research. Cowen and Company restated a "hold" rating and set a $107.50 price target on shares of Time Warner in a report on Thursday.

Since June 15, 2017, it had 1 insider buy, and 0 insider sales for $25,416 activity. Investors of record on Tuesday, October 10th will be issued a $0.4025 dividend. Its up 0.88, from 1.05 in 2017Q1.

Several other institutional investors also recently bought and sold shares of the company. 73 funds opened positions while 283 raised stakes. 600.08 million shares or 1.15% less from 607.09 million shares in 2017Q1 were reported. Suffolk Mngmt Limited Liability stated it has 70,894 shares or 0.94% of all its holdings. Dekabank Deutsche Girozentrale holds 0.76% of its portfolio in Time Warner Inc (NYSE:TWX) for 952,266 shares. Camarda Financial Advsr Limited Liability Com has 0.04% invested in Time Warner Inc (NYSE:TWX) for 393 shares. Eastern Comml Bank, Massachusetts-based fund reported 4,120 shares. Ledyard Bancorporation stated it has 0.05% of its portfolio in Time Warner Inc (NYSE:TWX). Mackenzie invested in 1.82 million shares. Clark Cap Mgmt Grp Inc stated it has 0.67% of its portfolio in Time Warner Inc (NYSE:TWX). Over the last five days, shares have faced -0.12% losses and now is up 4.24% since hitting its 200-day moving average of $100.31. American Group Inc holds 0.09% or 243,880 shares in its portfolio. Third Point Limited Co owns 3.75 million shares. It also reduced its holding in Super Micro Computer (NASDAQ:SMCI) by 19,731 shares in the quarter, leaving it with 167,375 shares, and cut its stake in Barrett Business Services (NASDAQ:BBSI). "Prices $25.0 Million of Senior Notes" on April 21, 2017, also with their article: "AM Best Affirms Credit Ratings of Atlas Financial Holdings, Inc. and Its ..." published on September 19, 2017, published: "Atlas Financial (AFH) & Units' Ratings Retained By AM Best" on September 20, 2017.

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