Needham Maintains “Hold” Rating for Time Warner Inc (NYSE:TWX) stock. What’s the Best Move for Investors?

January 22, 2018 - By Adrian Mccoy

 Needham Maintains

Investors sentiment decreased to 0.76 in Q3 2017. Its down 0.09, from 0.85 in 2017Q2. It turned negative, as 66 investors sold Time Warner Inc. shares while 374 reduced holdings. 69 funds opened positions while 264 raised stakes. 586.69 million shares or 2.23% less from 600.08 million shares in 2017Q2 were reported.

Northern Cap Mngmt Limited Liability owns 14,408 shares. Synovus Fincl Corporation accumulated 11,575 shares or 0.02% of the stock. Strs Ohio holds 444,030 shares or 0.2% of its portfolio. Steinberg Asset Management stated it has 0.06% of its portfolio in Time Warner Inc. (NYSE:TWX). Moreover, Boston Private Wealth Ltd Limited Liability Company has 0.18% invested in Time Warner Inc. (NYSE:TWX). Jfs Wealth Advsr Ltd Liability Corporation holds 573 shares. Qci Asset Mgmt Inc New York holds 0% of its portfolio in Time Warner Inc. (NYSE:TWX) for 103 shares. British Columbia Investment Management reported 478,979 shares stake. 200,000 are owned by Moore Cap Ltd Partnership. Hbk Sorce Advisory Ltd Llc holds 0.06% or 4,126 shares. Aperio Gru Ltd Liability reported 0.26% stake. Legal And General Gru Public Limited Company holds 0.31% or 4.04M shares. Highfields Mgmt Ltd Partnership holds 5.55M shares. Delta Asset Mgmt Ltd Liability Corp Tn stated it has 408 shares. Community National Bank Na holds 0% or 138 shares in its portfolio.

Since December 14, 2017, it had 0 buys, and 1 insider sale for $2.11 million activity.

Time Warner Inc (NYSE:TWX) Rating Reaffirmed

This Morning, Tuesday, 31 October, Time Warner Inc (NYSE:TWX)‘s “Hold” rating was maintained by Analysts at Needham in an analyst note.

Investors sentiment decreased to 0.76 in Q3 2017. Its down 0.09, from 0.85 in 2017Q2. It turned negative, as 66 investors sold Time Warner Inc. shares while 374 reduced holdings. 69 funds opened positions while 264 raised stakes. 586.69 million shares or 2.23% less from 600.08 million shares in 2017Q2 were reported.

Northern Cap Mngmt Limited Liability owns 14,408 shares. Synovus Fincl Corporation accumulated 11,575 shares or 0.02% of the stock. Strs Ohio holds 444,030 shares or 0.2% of its portfolio. Steinberg Asset Management stated it has 0.06% of its portfolio in Time Warner Inc. (NYSE:TWX). Moreover, Boston Private Wealth Ltd Limited Liability Company has 0.18% invested in Time Warner Inc. (NYSE:TWX). Jfs Wealth Advsr Ltd Liability Corporation holds 573 shares. Qci Asset Mgmt Inc New York holds 0% of its portfolio in Time Warner Inc. (NYSE:TWX) for 103 shares. British Columbia Investment Management reported 478,979 shares stake. 200,000 are owned by Moore Cap Ltd Partnership. Hbk Sorce Advisory Ltd Llc holds 0.06% or 4,126 shares. Aperio Gru Ltd Liability reported 0.26% stake. Legal And General Gru Public Limited Company holds 0.31% or 4.04M shares. Highfields Mgmt Ltd Partnership holds 5.55M shares. Delta Asset Mgmt Ltd Liability Corp Tn stated it has 408 shares. Community National Bank Na holds 0% or 138 shares in its portfolio.

Since December 14, 2017, it had 0 buys, and 1 insider sale for $2.11 million activity.

Time Warner Inc. (NYSE:TWX) Ratings Coverage

Among 40 analysts covering Time Warner Inc. (NYSE:TWX), 15 have Buy rating, 0 Sell and 25 Hold. Therefore 38% are positive. Time Warner Inc. has $200 highest and $71 lowest target. $97.21’s average target is 3.82% above currents $93.63 stock price. Time Warner Inc. had 116 analyst reports since August 6, 2015 according to SRatingsIntel. The rating was maintained by M Partners on Friday, November 27 with “Buy”. The rating was maintained by FBR Capital with “Outperform” on Thursday, November 5. The firm has “Buy” rating given on Tuesday, November 14 by Pivotal Research. The company was maintained on Friday, September 15 by RBC Capital Markets. The company was maintained on Wednesday, November 8 by B. Riley & Co. The stock of Time Warner Inc. (NYSE:TWX) has “Outperform” rating given on Friday, February 12 by Wedbush. The firm has “Buy” rating given on Thursday, August 4 by Deutsche Bank. On Friday, September 11 the stock rating was maintained by Macquarie Research with “Outperform”. Guggenheim maintained Time Warner Inc. (NYSE:TWX) rating on Thursday, January 4. Guggenheim has “Buy” rating and $104.0 target. The company was maintained on Thursday, October 8 by Topeka Capital Markets.

The stock increased 0.29% or $0.27 during the last trading session, reaching $93.63. About 1.93M shares traded. Time Warner Inc. (NYSE:TWX) has risen 36.37% since January 22, 2017 and is uptrending. It has outperformed by 19.67% the S&P500.

Analysts await Time Warner Inc. (NYSE:TWX) to report earnings on February, 14. They expect $1.46 EPS, up 16.80 % or $0.21 from last year’s $1.25 per share. TWX’s profit will be $1.14B for 16.03 P/E if the $1.46 EPS becomes a reality. After $1.82 actual EPS reported by Time Warner Inc. for the previous quarter, Wall Street now forecasts -19.78 % 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 $72.90 billion. It operates through three divisions: Turner, Home Box Office, and Warner Bros. It has a 17.79 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: Businesswire.com which released: “Time Warner Inc. to Report Fourth-Quarter & Full-Year 2017 Results” on December 22, 2017, also Forbes.com with their article: “David Einhorn Buys Twitter, Time Warner, Ensco” published on January 18, 2018, Nasdaq.com published: “Time Warner Inc. (TWX) Ex-Dividend Date Scheduled for January 09, 2018” on January 08, 2018. More interesting news about Time Warner Inc. (NYSE:TWX) were released by: Seekingalpha.com and their article: “AT&T: Great, With Or Without Time Warner” published on December 26, 2017 as well as Seekingalpha.com‘s news article titled: “Time Warner: Merger Arb With 15-20% Upside” with publication date: January 19, 2018.

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