Time Warner Inc (NYSE:TWX) Shares Sold by Zurcher Kantonalbank Zurich Cantonalbank

Lloyd Doyle
February 25, 2018

Equitec Proprietary Markets Llc bought 37,100 shares as the company's stock rose 1.19% with the market. As of January 31st, there was short interest totalling 1,394,598 shares, a decline of 41.3% from the January 12th total of 2,374,225 shares. Argan, Inc. (NYSE:AGX) has risen 101.20% since February 25, 2017 and is uptrending. It has outperformed by 84.50% the S&P500.

Wesbanco Bank Inc. reduced its position in shares of Time Warner Inc (NYSE:TWX) by 4.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. Zacks Investment Research upgraded Time Warner from a "sell" rating to a "hold" rating and set a $110.00 target price on the stock in a research note on Monday, October 30th. The institutional investor held 65,600 shares of the television services company at the end of 2017Q3, valued at $6.72M, up from 28,500 at the end of the previous reported quarter. Grisanti Capital Management Llc who had been investing in Time Warner Inc for a number of months, seems to be less bullish one the $73.87 billion market cap company. The stock increased 0.35% or $0.33 during the last trading session, reaching $94.7. Canyon Capital Advisors LLC now owns 9,053,982 shares of the media conglomerate's stock worth $828,168,000 after purchasing an additional 3,398,928 shares during the period.

Time Warner (NYSE:TWX) last posted its quarterly earnings data on Thursday, February 1st. It has outperformed by 19.67% the S&P500. Its down 0.09, from 0.85 in 2017Q2. It turned negative, as 53 investors sold FB shares while 618 reduced holdings. 586.69 million shares or 2.23% less from 600.08 million shares in 2017Q2 were reported. Ameritas Prtnrs has 17,595 shares. Time Warner has a consensus rating of "Hold" and an average price target of $104.36. The fund owned 171,252 shares of the media conglomerate's stock after selling 15,934 shares during the period. Following the sale, the director now owns 44,959 shares of the company's stock, valued at approximately $4,370,014.80. Canyon Capital Advisors LLC lifted its stake in shares of Time Warner by 60.1% in the 4th quarter. (NYSE:TWX) for 476 shares. Time Warner Inc has a one year low of $85.88 and a one year high of $103.90. (NYSE:TWX). Veritable LP accumulated 0.06% or 29,364 shares. (NYSE:TWX). Coastland Ltd Llc has invested 2.27% in Time Warner Inc. Bank of Nova Scotia Trust Co. bought a new stake in shares of Time Warner during the third quarter valued at about $102,000. (NYSE:TWX) for 342 shares. Abrams Capital Management L.P. bought a new position in shares of Time Warner in the 4th quarter worth approximately $272,639,000. (NYSE:TWX). Quinn Opportunity Prtn reported 693,400 shares. The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.91 and a current ratio of 1.08. M&R Capital reported 18,027 shares stake.

Stevens Capital Management Lp, which manages about $6.88B and $2.69 billion US Long portfolio, upped its stake in Wellcare Health Plans Inc (NYSE:WCG) by 8,986 shares to 24,350 shares, valued at $4.18M in 2017Q3, according to the filing. It also increased its holding in Allergan Plc by 1,502 shares in the quarter, for a total of 31,755 shares, and has risen its stake in Apple Inc (NASDAQ:AAPL). It also reduced its holding in Humana Inc (Call) (NYSE:HUM) by 30,400 shares in the quarter, leaving it with 8,700 shares, and cut its stake in Cigna Corporation (Put) (NYSE:CI).

Analysts await Time Warner Inc. Sixteen investment analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. Therefore 43% are positive.

Among 40 analysts covering Time Warner Inc. Robert W. Baird maintained Senior Housing Properties Trust (NASDAQ:SNH) on Monday, November 20 with "Hold" rating. The company was initiated on Thursday, June 9 by Lake Street. The firm has "Equal-Weight" rating given on Monday, September 25 by Morgan Stanley. "On Friday, August 7 the stock rating was upgraded by MoffettNathanson to ". The rating was downgraded by Bank of America to "Neutral" on Thursday, November 5. (NYSE:TWX) on Monday, October 24 to "Sector Perform" rating. (NASDAQ:FB) on Thursday, November 5 with "Outperform" rating. The stock has "Outperform" rating by Macquarie Research on Friday, September 11.


Since December 14, 2017, it had 0 insider purchases, and 3 insider sales for $2.88 million activity. 4,019 Time Warner Inc. Cowen Inc. now owns 2,576,195 shares of the media conglomerate's stock worth $263,933,000 after buying an additional 2,300,205 shares during the period.

In related news, CEO Jeffrey L. Bewkes sold 329,478 shares of the stock in a transaction dated Thursday, December 7th.

Investors sentiment decreased to 1.07 in 2017 Q3. Its down 2.43% from 584,000 shares previously. Liberty Cap Mngmt owns 11,084 shares for 0.48% of their portfolio. Strs Ohio holds 485,010 shares or 0.16% of its portfolio. Pinnacle Advisory Gru holds 5,933 shares. (NYSE:TWX) for 507,372 shares. Virtus Investment Advisers accumulated 16,727 shares. Peak6 Limited Partnership stated it has 0.01% of its portfolio in Comerica Incorporated (NYSE:CMA). Ubs Asset Management Americas owns 0.25% invested in Time Warner Inc. First Pacific Limited Liability Corp has invested 0.1% in Comerica Incorporated (NYSE:CMA). Citigroup Inc reported 0.09% stake. Based on an average daily trading volume, of 625,690 shares, the short-interest ratio is presently 2.2 days. They expect $1.76 earnings per share, up 6.02% or $0.10 from last year's $1.66 per share. CMA's profit will be $260.94 million for 16.34 P/E if the $1.51 EPS becomes a reality. After $1.60 actual EPS reported by Time Warner Inc. for the previous quarter, Wall Street now forecasts 10.00% EPS growth.

Among 33 analysts covering Comerica Inc (NYSE:CMA), 16 have Buy rating, 2 Sell and 15 Hold. Therefore 48% are positive. The ex-dividend date was Tuesday, January 9th. SunTrust has "Hold" rating and $98.0 target. Shareholders of record on Wednesday, January 10th were paid a dividend of $0.4025 per share. The firm has "Outperform" rating given on Thursday, January 28 by RBC Capital Markets. (NASDAQ:FB) shares. On Thursday, October 26 FISCHER DAVID B. sold $806,019 worth of Facebook, Inc. First Bancshares Inc Ms (NASDAQ:FBMS) was raised too.

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