Time Warner Inc. (NYSE:TWX) is expected to pay $0.40 on Dec 15, 2016. The indicated annual dividend is $1.61. Shareholders owning the stock before Nov 28, 2016 will be eligible to receive the payout. Based on Time Warner Inc.’s current price of $93.20, the dividend is 0.43%. This dividend’s record date is Nov 30, 2016 and the announcement date is Oct 27, 2016. The stock increased 0.45% or $0.42 on November 25, hitting $93.2. About 1.25 million shares traded hands. Time Warner Inc (NYSE:TWX) has risen 22.07% since April 25, 2016 and is uptrending. It has outperformed by 16.06% the S&P500.
Time Warner Inc. is a media and entertainment company. The company has a market cap of $72.19 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 16.59 P/E ratio. The Firm also holds interests in companies that operate broadcast networks.
Insitutional Activity: The institutional sentiment increased to 1.02 in 2016 Q2. Its up 0.09, from 0.93 in 2016Q1. The ratio increased, 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.
Moreover, Meeder Asset Mngmt has 0.17% invested in Time Warner Inc (NYSE:TWX) for 25,313 shares. Citigroup accumulated 0.02% or 306,599 shares. Kanaly Trust last reported 0% of its portfolio in the stock. Pine River Management Lp has 0.11% invested in the company for 124,658 shares. Intrust Bancorporation Na reported 5,672 shares or 0.17% of all its holdings. Chemical National Bank holds 0.13% or 12,422 shares in its portfolio. Greenleaf Trust, a Michigan-based fund reported 12,732 shares. Summit Fincl Wealth Ltd Com last reported 0.13% of its portfolio in the stock. Bp Public Limited Liability Com accumulated 0.29% or 100,000 shares. Creative Planning has 41,437 shares for 0.02% of their US portfolio. The California-based California State Teachers Retirement Systems has invested 0.27% in Time Warner Inc (NYSE:TWX). Levin Capital Strategies Lp accumulated 131,319 shares or 0.17% of the stock. Jnba Fincl Advsr accumulated 0% or 214 shares. Exane Derivatives accumulated 0% or 159,636 shares. Ssi Investment Mngmt Inc accumulated 2,876 shares or 0.02% of the stock.
Insider Transactions: Since June 3, 2016, the stock had 0 insider purchases, and 5 insider sales for $7.61 million net activity. GINSBERG GARY L sold $227,370 worth of stock or 3,000 shares. $4.43M worth of Time Warner Inc (NYSE:TWX) shares were sold by CAPPUCCIO PAUL T. NOVACK KENNETH J had sold 15,706 shares worth $1.19M. $1.14 million worth of Time Warner Inc (NYSE:TWX) shares were sold by Magee Karen.
Time Warner Inc (NYSE:TWX) Ratings Coverage
Out of 30 analysts covering Time Warner Inc. (NYSE:TWX), 20 rate it a “Buy”, 0 “Sell”, while 10 “Hold”. This means 67% are positive. Time Warner Inc. has been the topic of 71 analyst reports since August 6, 2015 according to StockzIntelligence Inc. The rating was maintained by Deutsche Bank with “Buy” on Thursday, August 4. The firm earned “Buy” rating on Thursday, January 14 by Drexel Hamilton. Moffett Nathanson upgraded the stock to “” rating in Friday, August 7 report. Macquarie Research downgraded the shares of TWX in a report on Monday, October 24 to “Neutral” rating. The stock of Time Warner Inc (NYSE:TWX) has “Buy” rating given on Wednesday, November 2 by Pivotal Research. The rating was maintained by Morgan Stanley on Tuesday, April 26 with “Equal-Weight”. The stock of Time Warner Inc (NYSE:TWX) has “Outperform” rating given on Friday, July 29 by Wedbush. On Thursday, August 4 the stock rating was maintained by Jefferies with “Buy”. FBR Capital maintained the shares of TWX in a report on Thursday, November 5 with “Outperform” rating. RBC Capital Markets downgraded Time Warner Inc (NYSE:TWX) on Monday, October 24 to “Sector Perform” rating.
More important recent Time Warner Inc (NYSE:TWX) news were published by: Investorplace.com which released: “Why Trump Would Smack Time Warner Inc. (TWX) Down” on November 22, 2016, also Fool.com published article titled: “AT&T Inc Shows Huge Appetite for Acquisitions With $85 Billion Buyout of Time …”, Bloomberg.com published: “Time Warner’s Upbeat Report Unheeded as AT&T Debate Continues” on November 02, 2016. More interesting news about Time Warner Inc (NYSE:TWX) was released by: Latimes.com and their article: “Trump’s victory could threaten AT&T’s purchase of Time Warner” with publication date: November 10, 2016.
TWX Company Profile
Time Warner Inc. (Time Warner), February 4, 2000, is a media and entertainment company. The Firm operates in three reporting divisions: Networks, Film and TV Entertainment and Publishing. Networks consist of television networks and premium pay and basic tier television services and digital media properties. Film and TV Entertainment consists of feature film, television, home video and videogame production and distribution. Publishing consists of magazine publishing. In August 2012, Turner Broadcasting System, Inc. acquired Bleacher Report.
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