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ibusinesslines.com June 23, 2018


Lazard Asset Management LLC Purchases 6353 Shares of Time Warner Inc (TWX)

14 March 2018, 03:47 | Kelvin Horton

Lazard Asset Management LLC Purchases 6353 Shares of Time Warner Inc (TWX)

Farallon Capital Management LLC Holding in Time Warner INC (TWX) Has Lowered by $378.29 Million as Share Value Rose

The institutional investor held 114,668 shares of the television services company at the end of 2017Q3, valued at $11.75M, up from 74,668 at the end of the previous reported quarter. Segantii Cap Management Ltd invested in 15.52% or 387,855 shares. The stock decreased 0.03% or $0.03 during the last trading session, reaching $96.72. The company now has an average volume of 5.06 Million. Time Warner Inc. (TWX) recently closed with rise of 2.48% to its 20-Day Simple Moving Average. It has underperformed by 8.92% the S&P500.

Doug Silverman decreased its stake in Time Warner Inc (TWX) by 52.74% based on its latest 2017Q3 regulatory filing with the SEC. The hedge fund held 590,000 shares of the television services company at the end of 2017Q3, valued at $60.45 million, up from 430,000 at the end of the previous reported quarter. S Muoio & Company who had been investing in Time Warner Inc for a number of months, seems to be bullish on the $75.45 billion market cap company. Savings Bank Of Nova Scotia invested in 0.97% or 1.62 million shares. The shares were sold at an average price of $90.03, for a total transaction of $2,111,203.50. During the same period last year, the business earned $1.25 EPS. equities analysts expect that Time Warner Inc will post 7.67 earnings per share for the current fiscal year. It has outperformed by 19.67% the S&P500. The institutional investor bought 2,980,642 shares of the media conglomerate's stock, valued at approximately $272,639,000.

Relative strength index (RSI-14) for Time Warner Inc. (NYSE:HD), 24 have Buy rating, 0 Sell and 10 Hold. Therefore 43% are positive. WRIGHT DEBORAH C also sold $376,219 worth of Time Warner Inc. FBR Capital downgraded Time Warner Inc. Pivotal Research upgraded Time Warner from a "hold" rating to a "buy" rating and raised their price target for the company from $102.00 to $103.00 in a research report on Monday, November 13th. As per Monday, October 24, the company rating was downgraded by RBC Capital Markets. The stock has "Sector Weight" rating by Pacific Crest on Monday, May 2. The firm earned "Hold" rating on Tuesday, October 10 by Cowen & Co. (NYSE:TWX) on Wednesday, November 2 to "Buy" rating. The company was maintained on Friday, November 6 by Barrington Research. The company was maintained on Friday, July 29 by Wedbush.

Also, insider Olaf Olafsson sold 23,450 shares of the business's stock in a transaction dated Thursday, December 14th.

Investors sentiment decreased to 0.76 in 2017 Q3. Its down 0.10, from 1.28 in 2017Q2. It worsened, as 66 investors sold TWX shares while 374 reduced holdings. 69 funds opened positions while 264 raised stakes. The media conglomerate reported $1.60 earnings per share for the quarter, topping the Zacks' consensus estimate of $1.44 by $0.16. Instead, they should also do their own research-such as reading the prospectus for new companies or for public companies, the quarterly and annual reports filed with the SEC-to confirm whether a particular investment is appropriate for them in light of their individual financial circumstances. (TWX) . Average true range (ATR-14) of the company is at 1.35. Illinois-based Wolverine Asset Limited Com has invested 0.05% in NIKE, Inc. (NYSE:TWX) for 6,814 shares. Total debt to equity ratio of the company for most recent quarter is 0.84 while Long term debt to equity ratio for same time period is 0.64. (NYSE:TWX) for 14,846 shares.

Time Warner Inc is a media and entertainment company. (NYSE:TWX). Woodmont Invest Counsel Limited Liability Company accumulated 0.07% or 2,453 shares. The stock of Time Warner Inc. (NYSE:T) for 99,280 shares. Waverton Inv Mgmt holds 12,417 shares or 0.08% of its portfolio. (NYSE:TWX). Benjamin F Edwards & Inc holds 0.08% of its portfolio in Time Warner Inc. (NYSE:TWX) for 13,050 shares. 275.60 million shares or 0.51% more from 274.21 million shares in 2017Q2 were reported. Century Cos Inc invested in 0.44% or 4.27M shares. Synovus Finance holds 0.02% of its portfolio in Time Warner Inc. (NYSE:TWX). South Texas Money Mngmt invested in 4,205 shares. Moreover, Garde Capital has 0.11% invested in NIKE, Inc. (NYSE:TWX). Sii Investments Wi stated it has 0.04% in Time Warner Inc.


First Mercantile Trust Co, which manages about $552.84M US Long portfolio, decreased its stake in Cadence Design Sys Inc (NASDAQ:CDNS) by 9,469 shares to 25,033 shares, valued at $988,000 in 2017Q3, according to the filing. Lazard Asset Management LLC raised its holdings in Time Warner by 3.1% during the 4th quarter.

Investors sentiment increased to 0.93 in 2017 Q3. It worsened, as 40 investors sold CRM shares while 234 reduced holdings. About 320,102 shares traded. Aperio Grp Ltd Liability accumulated 13,027 shares or 0% of the stock. Btim Corporation invested in 0.95% or 427,607 shares. (NASDAQ:TTWO) for 900 shares.

AT&T Inc. (NYSE:T) yearly performance is -11.66% and net profit margin is 18.30%. Argent Tru invested in 0.19% or 4,728 shares. Waddell Reed Fincl invested in 0.01% or 360,300 shares. (NASDAQ:FEYE). 35,694 are held by State Of Wisconsin Board. The current share price indicates that stock is -6.58% away from its one year high and is moving 27.23% ahead of its 52-week low. Glg LP holds 0.02% or 21,000 shares. Hirtle Callaghan Limited Liability Corporation accumulated 17,200 shares. Credit Suisse Ag invested in 1.12 million shares or 0.02% of the stock. National Bank Of America De holds 0.09% or 5.78 million shares in its portfolio. Oak Limited Oh has 0.03% invested in FireEye, Inc. (NASDAQ:TTWO) for 217,934 shares. Oppenheimer Asset Mngmt Inc has 33,137 shares for 0.12% of their portfolio.

The Blackstone Group L.P. (BX) have shown a high EPS growth of 54.40% in the last 5 years and has earnings rose of 128.20% yoy. Woodstock Corp reported 55,468 shares or 0.41% of all its holdings.

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