Calamos Advisors LLC Decreases Position in Time Warner Inc (NYSE:TWX)

Lloyd Doyle
March 18, 2018

Ferguson Wellman Capital Management Inc sold 231,581 shares as Time Warner Companies (TWX)'s stock rose 1.19%. The institutional investor held 69,400 shares of the real estate investment trusts company at the end of 2017Q3, valued at $1.80 million, down from 150,700 at the end of the previous reported quarter. The stock increased 0.02% or $0.03 during the last trading session, reaching $148.18. About 4.03M shares traded. Accenture plc (NYSE:ACN) has risen 4.27% since March 17, 2017 and is uptrending. It has underperformed by 4.41% the S&P500.

Tsp Capital Management Group Llc decreased Time Warner Inc (TWX) stake by 22.23% reported in 2017Q3 SEC filing. Rr Advisors Llc bought 75,000 shares as the company's stock declined 11.69% while stock markets rallied. Fisher Asset Management LLC now owns 10,792 shares of the media conglomerate's stock worth $1,106,000 after buying an additional 626 shares in the last quarter. Halcyon Management Partners Lp who had been investing in Time Warner Inc for a number of months, seems to be bullish on the $75.08 billion market cap company.

Shares of Time Warner Inc (NYSE TWX) traded down $0.60 during mid-day trading on Friday, reaching $96.28. The shares were sold at an average price of $93.61, for a total value of $376,218.59.

Time Warner (NYSE:TWX) last released its earnings results on Thursday, February 1st. It has outperformed by 19.67% the S&P500.

Investors sentiment decreased to 1.15 in 2017 Q3. Its up 0.15, from 0.76 in 2017Q2. It dived, as 40 investors sold ACN shares while 370 reduced holdings. 32 funds opened positions while 144 raised stakes. Cetera Advsrs Lc reported 15,659 shares stake. Tudor Corp Et Al holds 0.03% of its portfolio in F5 Networks, Inc. Moreover, Mirae Asset Global Invests Co has 0.08% invested in Paychex, Inc. The New York-based Waterfront Cap Prtnrs Limited Liability has invested 1.04% in CubeSmart (NYSE:CUBE). Palladium Limited Com reported 2,989 shares or 0.02% of all its holdings. Endurance Wealth Mgmt, a Rhode Island-based fund reported 1,156 shares. Cipher Cap LP reported 301,285 shares. 238.82 million shares or 0.48% more from 237.67 million shares in 2017Q2 were reported. (NYSE:TWX). Sigma Planning accumulated 3,182 shares or 0.03% of the stock. New York-based Cornerstone Management Ltd Liability has invested 0.02% in CubeSmart (NYSE:CUBE). (NYSE:TWX). Amer Assets Inv Mgmt Limited Com reported 9,666 shares. Phocas Fin Corp, a California-based fund reported 25,800 shares. (NYSE:TWX) to report earnings on May, 2. They expect $1.73 earnings per share, up 18.49% or $0.27 from last year's $1.46 per share. TWX's profit will be $1.37 billion for 13.68 P/E if the $1.76 EPS becomes a reality. The media conglomerate reported $1.60 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $1.44 by $0.16.


Among 13 analysts covering CubeSmart (NYSE:CUBE), 5 have Buy rating, 1 Sell and 7 Hold. Therefore 6% are positive. Time Warner Inc. had 123 analyst reports since August 6, 2015 according to SRatingsIntel. On Wednesday, December 14 the stock rating was upgraded by Citigroup to "Buy". The rating was maintained by Wedbush with "Neutral" on Monday, October 24. The stock has "Buy" rating by Jefferies on Thursday, August 17. (NASDAQ:PAYX) has "Sell" rating given on Monday, November 13 by RBC Capital Markets. Cowen & Co maintained it with "Buy" rating and $175.0 target in Thursday, January 11 report. The stock has "Market Perform" rating by Raymond James on Wednesday, August 30. Fourteen research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. Deutsche Bank maintained Accenture plc (NYSE:ACN) on Monday, March 27 with " rating.

Davide Leone & Partners Investment Company Llp, which manages about $1.12B US Long portfolio, decreased its stake in Bristol Myers Squibb Co (NYSE:BMY) by 1.43 million shares to 125,000 shares, valued at $7.97 million in 2017Q3, according to the filing. It also reduced its holding in Spdr S&P 500 Etf Tr (SPY) by 7,334 shares in the quarter, leaving it with 116,936 shares, and cut its stake in Unilever N V (NYSE:UN).

Since December 14, 2017, it had 0 insider purchases, and 3 sales for $2.88 million activity. Shares for $2.36M were sold by Gioja Michael E. Vossler Jennifer R. sold 11,155 shares worth $703,546. Barclays lifted their target price on shares of Time Warner from $92.00 to $107.00 and gave the stock an "equal weight" rating in a research report on Tuesday, November 21st. Zacks Investment Research raised shares of Time Warner from a "hold" rating to a "buy" rating and set a $107.00 price objective on the stock in a research note on Tuesday, February 6th. Therefore 22% are positive. The business's revenue was up 9.1% on a year-over-year basis. research analysts anticipate that Time Warner Inc will post 7.67 EPS for the current fiscal year. Bancorp Of Nova Scotia Trust has invested 0.01% in Time Warner Inc. Loop Capital started coverage on Time Warner in a research report on Thursday. (NYSE:TWX) on Tuesday, September 15 with "Buy" rating. The firm has "Outperform" rating by RBC Capital Markets given on Friday, March 24. The firm has "Outperform" rating given on Thursday, November 5 by Credit Agricole. Calamos Advisors LLC's holdings in Time Warner were worth $8,389,000 as of its most recent filing with the Securities and Exchange Commission. The rating was maintained by Buckingham Research with "Neutral" on Thursday, April 21. The company has an average rating of "Hold" and an average price target of $104.61. As per Monday, February 5, the company rating was maintained by Cowen & Co. The rating was downgraded by Evercore to "In-Line" on Monday, August 7. Drexel Hamilton initiated Time Warner Inc. Barrington Research has "Outperform" rating and $86 target.

Investors sentiment decreased to 0.76 in 2017 Q3. Its down 0.09, from 0.85 in 2017Q2.

A number of other institutional investors have also recently bought and sold shares of the business. 586.69 million shares or 2.23% less from 600.08 million shares in 2017Q2 were reported. Moreover, British Columbia Inv Mngmt has 0.38% invested in Time Warner Inc. Vanguard Grp holds 0.24% or 50.75M shares in its portfolio. (NYSE:TWX) for 235 shares. Nokomis Capital accumulated 3.86% or 1.27 million shares. Savant Ltd owns 3,670 shares. (NYSE:TWX). Marshall Wace Limited Liability Partnership has 414,139 shares. Public Sector Pension Board owns 3.61M shares for 1.61% of their portfolio. (NASDAQ:FFIV). Telos Capital Mngmt stated it has 0.49% of its portfolio in F5 Networks, Inc. (NYSE:TWX). Kistler holds 359 shares.

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