Time Warner Inc Could Rise a Lot According to The Today’s Call Option Activity


 Time Warner Inc Could Rise a Lot According to The Today's Call Option Activity

In today’s session Time Warner Inc (TWX) registered an unusually high (374) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the January, 2017 call, expecting serious TWX increase. With 374 contracts traded and 53654 open interest for the Jan, 17 contract, it seems this is a quite bullish bet. The option with symbol: TWX170120C00085000 closed last at: $1.39 or 21.9% up. The stock decreased 0.19% or $0.15 during the last trading session, hitting $79.18. About 3.28M shares traded hands. Time Warner Inc (NYSE:TWX) has risen 18.60% since March 2, 2016 and is uptrending. It has outperformed by 9.36% the S&P500.

Analysts await Time Warner Inc (NYSE:TWX) to report earnings on November, 2. They expect $1.33 EPS, up 6.40% or $0.08 from last year’s $1.25 per share. TWX’s profit will be $1.03B for 14.88 P/E if the $1.33 EPS becomes a reality. After $1.29 actual EPS reported by Time Warner Inc for the previous quarter, Wall Street now forecasts 3.10% EPS growth.

Time Warner Inc (NYSE:TWX) Ratings Coverage

Out of 26 analysts covering Time Warner Inc. (NYSE:TWX), 19 rate it a “Buy”, 0 “Sell”, while 7 “Hold”. This means 73% are positive. Time Warner Inc. has been the topic of 55 analyst reports since August 6, 2015 according to StockzIntelligence Inc. The stock has “Buy” rating given by Drexel Hamilton on Thursday, January 14. The stock has “Buy” rating given by Deutsche Bank on Thursday, August 4. The stock of Time Warner Inc (NYSE:TWX) earned “Buy” rating by Jefferies on Thursday, August 4. As per Thursday, November 5, the company rating was maintained by RBC Capital Markets. The rating was downgraded by Vetr to “Strong-Buy” on Tuesday, August 11. CLSA downgraded Time Warner Inc (NYSE:TWX) on Thursday, November 5 to “Buy” rating. The stock of Time Warner Inc (NYSE:TWX) earned “Outperform” rating by Wedbush on Friday, February 12. FBR Capital maintained Time Warner Inc (NYSE:TWX) on Friday, February 19 with “Mkt Perform” rating. The rating was maintained by Topeka Capital Markets with “Buy” on Thursday, October 8. Moffett Nathanson upgraded the stock to “” rating in Friday, August 7 report.

Insitutional Activity: The institutional sentiment decreased to 0.93 in Q2 2016. Its down 0.40, from 1.33 in 2016Q1. The ratio dived, as 65 funds sold all Time Warner Inc shares owned while 334 reduced positions. 66 funds bought stakes while 305 increased positions. They now own 614.82 million shares or 5.49% less from 650.52 million shares in 2016Q1.
Nippon Life Global Investors Americas Incorporated accumulated 60,030 shares or 0.42% of the stock. Moreover, Raymond James Na has 0.08% invested in Time Warner Inc (NYSE:TWX) for 12,610 shares. Moreover, Reilly Fin Advsrs Ltd has 0% invested in Time Warner Inc (NYSE:TWX) for 337 shares. Old Mutual Invsts (Uk) holds 45,431 shares or 0.06% of its portfolio. Ci Investments has invested 0.01% of its portfolio in Time Warner Inc (NYSE:TWX). Guardian Life Commerce Of America holds 2,963 shares or 0.02% of its portfolio. Meeder Asset Management owns 25,313 shares or 0.17% of their US portfolio. Greenlight Capital reported 4.72M shares or 6.36% of all its holdings. Glob X Management Lc accumulated 1,346 shares or 0.01% of the stock. Macguire Cheswick & Tuttle Counsel Llc has 118,991 shares for 1.95% of their US portfolio. Jnba Fin Advsr has 214 shares for 0% of their US portfolio. Shanda Asset Mgmt Hldgs Ltd owns 52,956 shares or 0.75% of their US portfolio. Louisiana State Employees Retirement System, a Louisiana-based fund reported 51,600 shares. Weik Invest Svcs has invested 0.51% of its portfolio in Time Warner Inc (NYSE:TWX). Mitsubishi Ufj Trust And Corporation has 1.76 million shares for 0.28% of their US portfolio.

Insider Transactions: Since May 9, 2016, the stock had 0 buys, and 6 insider sales for $8.20 million net activity. 14,240 shares were sold by Magee Karen, worth $1.14M on Thursday, August 25. Another trade for 8,400 shares valued at $626,724 was sold by NOVACK KENNETH J. $227,370 worth of shares were sold by GINSBERG GARY L on Friday, June 3. Shares for $596,669 were sold by BOLLENBACH STEPHEN F. CAPPUCCIO PAUL T also sold $4.43 million worth of Time Warner Inc (NYSE:TWX) on Wednesday, September 7.

Time Warner Inc. is a media and entertainment company. The company has a market cap of $61.37 billion. The Firm operates through three divisions: Turner, which consists of cable networks and digital media properties; Home Box Office, which consists of domestic premium pay television and streaming services, and international 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. It has a 15.89 P/E ratio. The Firm also holds interests in companies that operate broadcast networks.

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