What Will The Effects of a Loop Capital Downgrade Be For Time Warner (NYSE:TWX) Shares?

June 14, 2018 - By Duane Lopez

Time Warner Inc. (NYSE:TWX) Logo

Investors sentiment increased to 0.98 in Q1 2018. Its up 0.07, from 0.91 in 2017Q4. It increased, as 68 investors sold Time Warner Inc. shares while 336 reduced holdings. 98 funds opened positions while 299 raised stakes. 589.17 million shares or 1.52% less from 598.25 million shares in 2017Q4 were reported.

Vaughan Nelson Investment L P holds 817,510 shares. Cleararc Capital reported 19,907 shares. Proshare Advsrs Limited holds 0.07% or 111,939 shares. Highvista Strategies Limited Liability Com holds 6.7% of its portfolio in Time Warner Inc. (NYSE:TWX) for 166,217 shares. Loews accumulated 0% or 3,915 shares. Ulysses Mgmt Ltd Liability Corp holds 1.47% or 170,000 shares. Marathon Cap Mngmt holds 0.09% or 2,500 shares. Cornerstone Advsrs Inc has 0.08% invested in Time Warner Inc. (NYSE:TWX). Jabodon Pt Company holds 78,862 shares. Piedmont Investment Ltd has invested 0.47% in Time Warner Inc. (NYSE:TWX). Arrowstreet Capital Partnership invested 0.02% in Time Warner Inc. (NYSE:TWX). Royal Bancorporation Of Canada has invested 0.06% of its portfolio in Time Warner Inc. (NYSE:TWX). Credit Suisse Ag holds 7.78 million shares. Highline Capital Mngmt Lp invested 2.03% of its portfolio in Time Warner Inc. (NYSE:TWX). Kentucky Retirement holds 40,699 shares.

Since February 5, 2018, it had 0 insider buys, and 2 selling transactions for $766,866 activity. WRIGHT DEBORAH C also sold $376,219 worth of Time Warner Inc. (NYSE:TWX) on Monday, February 12.

Time Warner (NYSE:TWX) Receives a Downgrade

In a note revealed to investors on 14 June, Loop Capital announced that they will be downgrading shares of Time Warner (NYSE:TWX) from a Buy to a Hold rating.

Time Warner Inc. (NYSE:TWX) Ratings Coverage

Among 12 analysts covering Time Warner Inc (NYSE:TWX), 5 have Buy rating, 0 Sell and 7 Hold. Therefore 42% are positive. Time Warner Inc has $11000 highest and $98.0 lowest target. $103.94’s average target is 5.15% above currents $98.8475 stock price. Time Warner Inc had 14 analyst reports since January 4, 2018 according to SRatingsIntel. Moffett Nathanson downgraded the stock to “Neutral” rating in Wednesday, June 13 report. Guggenheim maintained the shares of TWX in report on Thursday, February 1 with “Buy” rating. The firm earned “Market Perform” rating on Wednesday, June 13 by Barrington Research. As per Monday, February 5, the company rating was maintained by Cowen & Co. The firm earned “Hold” rating on Tuesday, April 17 by Pivotal Research. RBC Capital Markets maintained Time Warner Inc. (NYSE:TWX) rating on Thursday, February 1. RBC Capital Markets has “Hold” rating and $108.0 target. The firm has “Hold” rating by Wells Fargo given on Thursday, January 4. As per Monday, March 12, the company rating was upgraded by UBS. The company was upgraded on Wednesday, January 31 by Moffett Nathanson. Barclays Capital maintained the shares of TWX in report on Friday, February 2 with “Overweight” rating.

The stock increased 0.92% or $0.8975 during the last trading session, reaching $98.8475. About 23.65 million shares traded or 256.29% up from the average. Time Warner Inc. (NYSE:TWX) has declined 5.23% since June 14, 2017 and is downtrending. It has underperformed by 17.80% the S&P500.

Analysts await Time Warner Inc. (NYSE:TWX) to report earnings on August, 1. They expect $1.58 EPS, up 18.80 % or $0.25 from last year’s $1.33 per share. TWX’s profit will be $1.24B for 15.64 P/E if the $1.58 EPS becomes a reality. After $2.28 actual EPS reported by Time Warner Inc. for the previous quarter, Wall Street now forecasts -30.70 % negative EPS growth.

Time Warner Inc. operates as a media and entertainment firm in the United States and internationally. The company has market cap of $77.33 billion. It operates through three divisions: Turner, Home Box Office, and Warner Bros. It has a 14.9 P/E ratio. The Turner segment creates and programs branded news, entertainment, sports, and kids multi-platform content for consumers.

More notable recent Time Warner Inc. (NYSE:TWX) news were published by: Streetinsider.com which released: “After-Hours Stock Movers 06/12: (ENPH) (FOXA) (TWX) Higher; (VTVT) (HRB) (OXM) Lower (more…)” on June 12, 2018, also Investorplace.com with their article: “Here’s How DISH Network Corp Stock Could Benefit from the AT&T/TWX Deal” published on June 14, 2018, Seekingalpha.com published: “Headlines Don’t Determine Stock Prices – Cramer’s Mad Money (6/12/18)” on June 13, 2018. More interesting news about Time Warner Inc. (NYSE:TWX) were released by: Investorplace.com and their article: “Confidently Rush into Comcast Corporation — Fears Are Overblown” published on June 14, 2018 as well as Seekingalpha.com‘s news article titled: “Fox acknowledges Comcast offer; more deal details” with publication date: June 13, 2018.

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

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