Published: Sat, January 13, 2018
Business | By Tara Barton

Time Warner (NYSE:TWX) Given "Market Perform" Rating at Wells Fargo & Co

Farallon Capital Management LLC now owns 6,980,000 shares of the media conglomerate's stock worth $700,862,000 after purchasing an additional 1,895,000 shares during the last quarter. The institutional investor held 334,574 shares of the television services company at the end of 2017Q3, valued at $34.28 million, up from 307,025 at the end of the previous reported quarter.

Time Warner Inc (TWX) traded down $0.19 during trading hours on Wednesday, hitting $92.09. 3,150,400 shares of the company's stock were exchanged, compared to its average volume of 5,137,350.

Time Warner (NYSE:TWX)'s stock had its "market perform" rating reaffirmed by Wells Fargo & Co in a report released on Thursday, January 4th, The Fly reports. It has outperformed by 19.67% the S&P500.

Veritable Lp increased its stake in Essex Ppty Tr Inc (ESS) by 125.49% based on its latest 2017Q3 regulatory filing with the SEC. Penserra Capital Management LLC now owns 1,517 shares of the media conglomerate's stock valued at $120,000 after buying an additional 736 shares during the period. Horizon Kinetics Llc who had been investing in Mfs High Income Mun Tr for a number of months, seems to be bullish on the $167.30M market cap company. About 530,337 shares traded.

CoreLogic, Inc. provides property information, analytics, and data-enabled services in North America, Western Europe, and the Asia Pacific. Edwards Lifesciences Corporation (NYSE:EW) has risen 15.41% since January 13, 2017 and is uptrending. GW Pharmaceuticals had 24 analyst reports since August 13, 2015 according to SRatingsIntel. (NYSE:TWX). Provise Ltd Liability Corp accumulated 51,831 shares or 0.77% of the stock. During the same quarter last year, the company posted $1.83 earnings per share. analysts forecast that Time Warner will post 6.2 EPS for the current fiscal year. ABB's profit will be $710.18M for 21.16 P/E if the $0.33 EPS becomes a reality.

Investors of record on Wednesday, January 10th will be issued a $0.4025 dividend. Its down 0.09, from 0.85 in 2017Q2. It is negative, as 66 investors sold TWX shares while 374 reduced holdings.

Several institutional investors and hedge funds have recently made changes to their positions in TWX.

Callon Petroleum (NYSE:CPE) Short Interest Update
It is negative, as 32 investors sold CPE shares while 62 reduced holdings. 50 funds opened positions while 103 raised stakes. Sir Capital Management Lp increased Conocophillips (NYSE:COP) stake by 31,178 shares to 319,315 valued at $15.98M in 2017Q3.

In related news, insider Olaf Olafsson sold 23,450 shares of the business's stock in a transaction on Thursday, December 14th. Moors & Cabot Inc. now owns 7,268 shares of the media conglomerate's stock worth $743,000 after purchasing an additional 2,028 shares during the period. Meru Capital Group Lp owns 60,000 shares or 18.65% of their USA portfolio. Jefferies Ltd Limited Liability Company invested in 337,455 shares. (NYSE:TWX). Signaturefd Lc accumulated 0.06% or 4,317 shares. (NYSE:TWX). Btim has invested 0% of its portfolio in Time Warner Inc. Parametric Portfolio Limited Com holds 1.97 million shares or 0.23% of its portfolio. F&V Capital Management Ltd Liability reported 2,723 shares. Marathon Capital holds 2,500 shares or 0.11% of its portfolio. (NYSE:TWX). Commerzbank Aktiengesellschaft Fi has 0.05% invested in Time Warner Inc. The stock has "Neutral" rating by Atlantic Securities on Monday, October 24. St Johns Investment Mgmt Limited Company has 14 shares. Shell Asset Mgmt invested 0.21% in Time Warner Inc.

Among 13 analysts covering GW Pharmaceuticals (NASDAQ:GWPH), 11 have Buy rating, 1 Sell and 1 Hold.

Finally, BlackRock Inc. increased its stake in shares of Time Warner by 4.0% during the 2nd quarter. One analyst has rated the stock with a sell rating, nineteen have given a hold rating and nine have given a buy rating to the stock. Therefore 38% are positive. TWX was included in 116 notes of analysts from August 6, 2015. It has outperformed by 25.40% the S&P500. On Thursday, August 3 the stock rating was maintained by Piper Jaffray with "Buy". P Schoenfeld Asset Management L P has 9.9% invested in Time Warner Inc. However, keeping aside the issue we believe Time Warner's foray into new markets and digital efforts, and investments in video content and technology bode well. Loop Capital decreased their price target on shares of Time Warner from $107.50 to $102.00 and set a "hold" rating for the company in a research note on Thursday, November 9th. (NYSE:TWX) earned "Buy" rating by Topeka Capital Markets on Thursday, October 8. The rating was maintained by UBS with "Buy" on Thursday, August 4. The firm has "Hold" rating by FBR Capital given on Monday, October 16. The firm has "Buy" rating by TH Capital given on Monday, November 30. Barclays Capital maintained the stock with "Equal-Weight" rating in Wednesday, October 25 report.

Since December 14, 2017, it had 0 insider purchases, and 1 sale for $2.11 million activity. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.26 and a current ratio of 1.48. Its down 0.09, from 0.85 in 2017Q2. It is positive, as 21 investors sold ESS shares while 118 reduced holdings. 48 funds opened positions while 136 raised stakes. The media conglomerate reported $1.82 EPS for the quarter, beating the consensus estimate of $1.59 by $0.23. (NYSE:ESS) for 17,935 shares. Goldcorp Inc now has $12.26B valuation. Commonwealth Equity Inc stated it has 42,816 shares. Tiedemann Wealth Mgmt Limited Liability Company holds 20,426 shares or 0.01% of its portfolio. Janus Henderson Group PLC now owns 2,171,828 shares of the media conglomerate's stock worth $218,073,000 after purchasing an additional 2,069,495 shares during the last quarter. Davide Leone & Llp has 1.08 million shares. (NYSE:ESS). Moreover, Aew Cap Mngmt Lp has 0.41% invested in Essex Property Trust, Inc. Dowling And Yahnke Limited Liability Com has invested 0.66% in Time Warner Inc. (NYSE:ESS). 2,522 were accumulated by Exane Derivatives. DnB Asset Management AS now owns 135,565 shares of the media conglomerate's stock worth $12,400,000 after acquiring an additional 1,576 shares during the period.

Ontario Teachers Pension Plan Board, which manages about $7.54 billion US Long portfolio, decreased its stake in American Tower Corp New (NYSE:AMT) by 135,397 shares to 65,367 shares, valued at $8.93M in 2017Q3, according to the filing. It also increased its holding in Becton Dickinson & Co Com (NYSE:BDX) by 4,253 shares in the quarter, for a total of 14,681 shares, and has risen its stake in Disney Walt Co Com (NYSE:DIS).

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