Vertex One Asset Management INC Increased Its Time Warner INC (TWX) Position

January 19, 2018 - By Henry Gaston

Investors sentiment decreased to 0.76 in Q3 2017. Its down 0.09, from 0.85 in 2017Q2. It dived, as 66 investors sold TWX 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. Welch & Forbes Ltd Com, a Massachusetts-based fund reported 82,236 shares. Nomura Inc, a Japan-based fund reported 1.32 million shares. Glenmede Tru Com Na owns 89,868 shares or 0.04% of their US portfolio. Victory Incorporated has invested 0% in Time Warner Inc. (NYSE:TWX). 1832 Asset Ltd Partnership accumulated 4,600 shares. Montag A & Assocs Inc has invested 0.39% in Time Warner Inc. (NYSE:TWX). Cheyne Capital (Uk) Llp has invested 7.5% in Time Warner Inc. (NYSE:TWX). Cls Investments Llc owns 0% invested in Time Warner Inc. (NYSE:TWX) for 242 shares. First Allied Advisory Svcs has 5,506 shares for 0.02% of their portfolio. 38,433 were reported by Beach Counsel Inc Pa. Regions Fincl Corporation reported 0.03% of its portfolio in Time Warner Inc. (NYSE:TWX). Washington Bank & Trust has 0.03% invested in Time Warner Inc. (NYSE:TWX). Verity Asset Mngmt owns 2,103 shares or 0.16% of their US portfolio. Gofen & Glossberg Limited Liability Corporation Il holds 12,028 shares. Alpine Glob Mngmt Limited Liability Corporation has invested 6.32% of its portfolio in Time Warner Inc. (NYSE:TWX).

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

John Thiessen increased its stake in Time Warner Inc (TWX) by 49.36% based on its latest 2017Q3 regulatory filing with the SEC. Vertex One Asset Management Inc bought 80,000 shares as the company’s stock rose 1.19% with the market. The hedge fund run by John Thiessen held 242,060 shares of the television services company at the end of 2017Q3, valued at $24.80 million, up from 162,060 at the end of the previous reported quarter. Vertex One Asset Management Inc who had been investing in Time Warner Inc for a number of months, seems to be bullish on the $72.39 billion market cap company. The stock increased 0.87% or $0.8 during the last trading session, reaching $92.97. About 3.95 million shares traded. Time Warner Inc. (NYSE:TWX) has risen 36.37% since January 19, 2017 and is uptrending. It has outperformed by 19.67% the S&P500.

Vertex One Asset Management Inc, which manages about $613.15M US Long portfolio, decreased its stake in Monsanto Co New (NYSE:MON) by 49,600 shares to 58,700 shares, valued at $7.03M in 2017Q3, according to the filing.

More notable recent Time Warner Inc. (NYSE:TWX) news were published by: Nasdaq.com which released: “Time Warner Inc. (TWX) Ex-Dividend Date Scheduled for January 09, 2018” on January 08, 2018, also Seekingalpha.com with their article: “Time Warner: Merger Arb With 15-20% Upside” published on January 19, 2018, Thestreet.com published: “David Einhorn Hopes for Better 2018 With New Time Warner, Twitter Bets” on January 16, 2018. More interesting news about Time Warner Inc. (NYSE:TWX) were released by: Nasdaq.com and their article: “Steven Cohen Buys Time Warner Inc, Altaba Inc, Amazon.com Inc, Sells Visa Inc …” published on December 22, 2017 as well as Businesswire.com‘s news article titled: “Time Warner Inc. to Report Fourth-Quarter & Full-Year 2017 Results” with publication date: December 22, 2017.

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 4.56% above currents $92.97 stock price. Time Warner Inc. had 116 analyst reports since August 6, 2015 according to SRatingsIntel. The company was downgraded on Thursday, April 20 by Pivotal Research. The stock has “Neutral” rating by Atlantic Securities on Monday, October 24. Rosenblatt upgraded Time Warner Inc. (NYSE:TWX) on Monday, November 13 to “Buy” rating. BMO Capital Markets maintained Time Warner Inc. (NYSE:TWX) rating on Wednesday, November 22. BMO Capital Markets has “Hold” rating and $95.0 target. The rating was maintained by Wells Fargo on Thursday, January 4 with “Hold”. The stock has “Market Perform” rating by Cowen & Co on Monday, August 24. On Friday, February 19 the stock rating was maintained by FBR Capital with “Mkt Perform”. On Monday, October 24 the stock rating was maintained by Stifel Nicolaus with “Hold”. The firm has “Equal-Weight” rating given on Friday, November 13 by Barclays Capital. Jefferies maintained the shares of TWX in report on Thursday, August 4 with “Buy” rating.

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