FBR & Co increased their price target on shares of Time Warner from $104.00 to $107.50 and gave the stock an "outperform" rating in a research report on Thursday, December 22nd. Finally, Albert Fried & Company reissued a "hold" rating on shares of Time Warner in a research note on Wednesday, January 11th.
The station that Time Warner is selling, WPCH-TV, for $70 million, is its only FCC-regulated broadcast station.
4/4/2017-Rosenblatt Securities initiated coverage with a Neutral rating. Telsey Advisory Group downgraded shares of Time Warner from an "outperform" rating to a "market perform" rating and boosted their target price for the company from $91.00 to $107.50 in a research note on Tuesday, January 3rd. Pivotal Research maintained Time Warner Inc (NYSE:TWX) rating on Wednesday, November 4.
4/20/2017-Pivotal Research was Downgraded by analysts at Pivotal Research from a "Buy " rating to a " Hold" rating.
Several other hedge funds have also recently bought and sold shares of TWX. The stock of Time Warner Inc (NYSE:TWX) has "Sector Weight" rating given on Monday, May 2 by Pacific Crest. The company has a 50 day moving average of $98.22 and a 200-day moving average of $93.19. The stock has a market cap of $76.09 billion, a price-to-earnings ratio of 19.83 and a beta of 1.09. The 52 week high shares of Time Warner Inc. have reached is 100 whilst the 52 week low for the company's shares is 68.97. Integrated Wealth Management's holdings in Time Warner were worth $209,000 at the end of the most recent quarter. They expect $1.45 earnings per share, down 2.68% or $0.04 from last year's $1.49 per share.
Time Warner Inc. (TWX) is now showing its ROA (Return on Assets) of 6%. The company had revenue of $7.90 billion for the quarter, compared to the consensus estimate of $7.71 billion. Time Warner's revenue for the quarter was up 11.5% on a year-over-year basis.
Analysts await Time Warner Inc (NYSE:TWX) to report earnings on May, 3.
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In other news, Chairman Jeffrey L. Bewkes sold 172,932 shares of the stock in a transaction on Tuesday, February 21st. The shares were sold at an average price of $96.39, for a total transaction of $16,668,915.48. DekaBank Deutsche Girozentrale now owns 997,631 shares of the media conglomerate's stock worth $78,449,000 after buying an additional 99,161 shares in the last quarter. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Moreover, South Dakota Investment Council has 0.75% invested in the company for 1.02 million shares.
Institutional investors have recently added to or reduced their stakes in the company. Murphy Capital Management Inc. boosted its stake in Time Warner by 10.0% in the third quarter. Carroll Financial Associates Inc. now owns 1,249 shares of the media conglomerate's stock valued at $122,000 after buying an additional 33 shares during the last quarter.
In the last Quarter, Time Warner Inc. The firm owned 2,132 shares of the media conglomerate's stock after buying an additional 17 shares during the period. Finally, IFC Holdings Incorporated FL boosted its stake in Time Warner by 7.0% in the third quarter. Tradewinds Capital Management LLC boosted its stake in shares of Time Warner by 64.7% in the third quarter. IFC Holdings Incorporated FL now owns 3,785 shares of the media conglomerate's stock worth $300,000 after buying an additional 248 shares in the last quarter. Artemis Investment Management LLP increased its position in shares of Time Warner by 105.3% in the fourth quarter. Thompson Siegel & Walmsley LLC now owns 1,415 shares of the media conglomerate's stock valued at $137,000 after buying an additional 7 shares during the last quarter.
The company has been one of the biggest innovators in "Entertainment - Diversified" employing approximately 25000 full time employees. 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 global 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.