Yakira Capital Management INC Decreased Time Warner INC (Call) (TWX) Stake by $9.66 Million as Shares Rose

April 20, 2018 - By Jane Lemasters

Time Warner Inc. (NYSE:TWX) Corporate LogoDuring 2017 Q4 the big money sentiment increased to 0.91. That’s change of 0.15, from 2017Q3’s 0.76. 64 investors sold all, 363 reduced holdings as TWX ratio is positive. 265 grew holdings while 122 funds bought holdings. Funds hold 598.25 million shares thus 1.97% more from 2017Q3’s 586.69 million shares. Rmb Management Limited holds 2,486 shs. Hl Financial Service Lc has invested 0.01% in Time Warner Inc. (NYSE:TWX). New York-based Mkp Cap Mngmt Ltd has invested 0.24% in Time Warner Inc. (NYSE:TWX). Junto Cap Management LP reported 709,884 shs or 4.96% of all its holdings. Perkins Coie Tru Comm has 0.02% invested in Time Warner Inc. (NYSE:TWX) for 443 shs. Strs Ohio has 0.2% invested in Time Warner Inc. (NYSE:TWX) for 499,573 shs. Exxonmobil Investment Tx reported 123,800 shs. Amf Pensionsforsakring Ab invested in 0.73% or 810,295 shs. Clark Estates has invested 0.86% in Time Warner Inc. (NYSE:TWX). Alpine Associates Mgmt invested in 7% or 2.14 million shs. Becker Capital Mgmt Inc has 338,812 shs. Eastern Bancorporation owns 13,391 shs or 0.08% of their US capital. Adirondack holds 785 shs. 38,532 are held by Seabridge Inv Limited Company. Ulysses Ltd Liability Company has invested 1.26% in Time Warner Inc. (NYSE:TWX).

TWX registered $2.88 million net activity with 0 insider purchases and 3 sales since December 14, 2017. WRIGHT DEBORAH C sold $376,219 worth of stock or 4,019 shs. On Monday, February 5 BARR WILLIAM P had sold 4,019 shs worth $390,647.

Based on the latest 2017Q4 regulatory filing with the SEC, Yakira Capital Management Inc decreased its holdings in Time Warner Inc (Call) (TWX) by 34.67%. The company’s stock rose 1.97% while stock markets declined as Yakira Capital Management Inc sold 106,146 shares. The hedge fund is holding 200,000 shares, compared to the 306,146 from the previous quarter. And the announced value of the television services company is $18.29M for the 2017Q4. $75.32 billion is Time Warner Inc (Call)’s market cap. TWX touched $96.58 during the last trading session after $0.52 change.Currently Time Warner Inc. is downtrending after 3.25% change in last April 20, 2017. TWX has also 3.17M shares volume. TWX underperformed the S&P 500 by 14.80%.

For a total of shares it increased its holding in by shares in the quarter, and has risen its stake in .

Analysts await Time Warner Inc. (NYSE:TWX) to report earnings on April, 26 before the open. They expect $1.76 earnings per share, up 6.02 % or $0.10 from last year’s $1.66 per share. TWX’s profit will be $1.37 billion for 13.72 P/E if the $1.76 EPS becomes a reality. After $1.60 actual earnings per share reported by Time Warner Inc. for the previous quarter, Wall Street now forecasts 10.00 % EPS growth.

Time Warner Inc. (NYSE:TWX) Ratings Coverage

In total 17 analysts cover Time Warner Inc (NYSE:TWX). “Buy” rating has 8, “Sell” are 0, while 9 are “Hold”. 47% are bullish. With $11000 highest and $84.0 lowest [Target] Time Warner Inc has $103.69 average [Target] or 7.36% above the current ($96.58) price. 23 are the (NYSE:TWX)’s analyst reports since October 27, 2017 according to StockzIntelligence Inc. In Wednesday, November 8 report B. Riley & Co maintained the stock with “Neutral” rating. On Thursday, January 4 the firm earned “Buy” rating by Guggenheim. On Tuesday, November 14 the stock of Time Warner Inc. (NYSE:TWX) earned “Buy” rating by Pivotal Research. The company rating was maintained by Cowen & Co on Monday, February 5. On Tuesday, November 21 the stock has “Hold” rating by Wells Fargo. On Thursday, November 9 the firm earned “Hold” rating by Loop Capital. On Monday, March 12 the firm earned “Buy” rating by UBS. The stock rating was maintained by Wells Fargo with “Hold” on Thursday, January 4. On Monday, November 20 the firm has “Hold” rating given by KeyBanc Capital Markets. The company rating was maintained by Barclays Capital on Friday, February 2.

Time Warner Inc. (NYSE:TWX) Institutional Investors Chart

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