As Time Warner INC (TWX) Stock Rose, Holder Beach Point Capital Management LP Lowered Its Position

January 14, 2018 - By Kurt Siggers

Investors sentiment decreased to 0.76 in 2017 Q3. Its down 0.09, from 0.85 in 2017Q2. It dropped, as 66 investors sold TWX shares while 374 reduced holdings. 69 funds opened positions while 264 raised stakes. 586.69 million shares or 2.23% less from 600.08 million shares in 2017Q2 were reported. Cap Guardian holds 166 shares. Gamble Jones Investment Counsel has 0.04% invested in Time Warner Inc. (NYSE:TWX) for 3,366 shares. Williams Jones And Assoc Limited Liability accumulated 2,203 shares. Eqis Capital Management Incorporated stated it has 2,468 shares. 45,530 are held by Boston Private Wealth Limited Liability Corporation. Moors And Cabot Incorporated accumulated 7,268 shares. Price T Rowe Md reported 0.04% in Time Warner Inc. (NYSE:TWX). Affinity Inv Ltd Llc accumulated 2,800 shares. 9,688 were reported by Reynders Mcveigh Management Ltd Liability Corp. Golub Group Limited Liability Co reported 0.05% stake. Kcm Investment Advsrs Ltd Com holds 26,752 shares or 0.17% of its portfolio. Capital Fund Management invested in 39,822 shares or 0.03% of the stock. Price Michael F, New York-based fund reported 50,000 shares. Ancora Advsrs Ltd Com owns 77,295 shares. Investec Asset Mngmt Ltd holds 178,896 shares.

Since December 14, 2017, it had 0 insider purchases, and 1 sale for $2.11 million activity.

Carl Goldsmith decreased its stake in Time Warner Inc (TWX) by 23.61% based on its latest 2017Q3 regulatory filing with the SEC. Beach Point Capital Management Lp sold 208,326 shares as the company’s stock rose 1.19% with the market. The hedge fund run by Carl Goldsmith held 673,901 shares of the television services company at the end of 2017Q3, valued at $69.04M, down from 882,227 at the end of the previous reported quarter. Beach Point Capital Management Lp who had been investing in Time Warner Inc for a number of months, seems to be less bullish one the $71.67 billion market cap company. The stock increased 0.17% or $0.16 during the last trading session, reaching $92.05. About 3.07M shares traded. Time Warner Inc. (NYSE:TWX) has risen 36.37% since January 14, 2017 and is uptrending. It has outperformed by 19.67% the S&P500.

Analysts await Time Warner Inc. (NYSE:TWX) to report earnings on February, 14. They expect $1.46 EPS, up 16.80 % or $0.21 from last year’s $1.25 per share. TWX’s profit will be $1.14B for 15.76 P/E if the $1.46 EPS becomes a reality. After $1.82 actual EPS reported by Time Warner Inc. for the previous quarter, Wall Street now forecasts -19.78 % negative EPS growth.

More notable recent Time Warner Inc. (NYSE:TWX) news were published by: Bizjournals.com which released: “A look back at a roller-coaster 14 months for AT&T and Time Warner” on January 12, 2018, also Nasdaq.com with their article: “Time Warner Inc. (TWX) Ex-Dividend Date Scheduled for January 09, 2018” published on January 08, 2018, Businesswire.com published: “Time Warner Inc. Announces Early Settlement of Tender Offers and Consent …” on December 22, 2017. More interesting news about Time Warner Inc. (NYSE:TWX) were released by: Seekingalpha.com and their article: “AT&T: Great, With Or Without Time Warner” published on December 26, 2017 as well as Businesswire.com‘s news article titled: “Time Warner Inc. to Report Fourth-Quarter & Full-Year 2017 Results” with publication date: July 28, 2017.

Time Warner Inc. (NYSE:TWX) Ratings Coverage

Among 40 analysts covering Time Warner Inc. (NYSE:TWX), 15 have Buy rating, 0 Sell and 25 Hold. Therefore 38% are positive. Time Warner Inc. had 116 analyst reports since August 6, 2015 according to SRatingsIntel. The company was maintained on Monday, September 11 by BMO Capital Markets. The rating was maintained by Loop Capital on Friday, November 17 with “Hold”. The company was downgraded on Monday, May 2 by Pacific Crest. The stock has “Buy” rating by Guggenheim on Thursday, January 4. The firm has “Hold” rating given on Friday, September 15 by RBC Capital Markets. The firm earned “Overweight” rating on Monday, April 11 by JP Morgan. Goldman Sachs downgraded the stock to “Neutral” rating in Monday, October 24 report. Moffett Nathanson downgraded the shares of TWX in report on Monday, October 24 to “Neutral” rating. The rating was maintained by Citigroup with “Buy” on Friday, August 14. The stock of Time Warner Inc. (NYSE:TWX) has “Buy” rating given on Thursday, January 14 by Drexel Hamilton.

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