Mitchell Sinkler & Starr PA Has $374000 Position in Time Warner Inc. (TWX)

Xavier Trudeau
Août 8, 2017

Commerzbank Aktiengesellschaft Fi holds 0.06% in Time Warner Inc (NYSE:TWX) or 41,331 shares.

Ahl Partners Llp increased Time Warner Inc (TWX) stake by 153.76% reported in 2016Q4 SEC filing. North Star Investment Management Corp. now owns 2,767 shares of the media conglomerate's stock worth $278,000 after buying an additional 30 shares during the last quarter. BlackRock Inc. raised its position in Time Warner by 2,169.2% in the first quarter. Rivernorth Capital Management Llc sold 61,800 shares as the company's stock rose 0.79% with the market. Patriot Financial Group Insurance Agency LLC now owns 1,109 shares of the media conglomerate's stock valued at $109,000 after buying an additional 100 shares during the last quarter. Snyder Capital Management LP sold 379,329 shares as Thermon Group Hldgs Inc (THR)'s stock rose 0.84%. ARS Investment Partners LLC now owns 168,374 shares of the media conglomerate's stock valued at $16,253,000 after buying an additional 42,343 shares in the last quarter. Nelson Van Denburg Campbell Wealth Gru owns 0% invested in Time Warner Inc (NYSE:TWX) for 50 shares. Assetmark Inc. now owns 2,628 shares of the media conglomerate's stock valued at $257,000 after buying an additional 239 shares during the period. Finally, North Star Investment Management Corp. boosted its position in shares of Time Warner by 1.1% in the second quarter. Vanguard Group Inc. now owns 48,726,247 shares of the media conglomerate's stock valued at $4,761,042,000 after buying an additional 1,740,936 shares during the period.

Shares of Starbucks Corporation (SBUX) traded down -0.429% during midday trading on Friday, reaching $55.43. Lumbard Kellner Ltd Company owns 32,648 shares or 2.05% of their U.S. portfolio. The firm has a market cap of $79.59 billion, a PE ratio of 18.99 and a beta of 1.05. The stock stands 2.30% away from its 50-day simple moving average and 6.06% away from the 200-day average. Conning Incorporated invested 0.09% of its portfolio in Time Warner Inc (NYSE:TWX).

Time Warner (NYSE:TWX) last announced its quarterly earnings results on Wednesday, August 2nd. The media conglomerate reported $1.33 earnings per share for the quarter, beating the consensus estimate of $1.19 by $0.14. The firm had revenue of $7.33 billion during the quarter, compared to analyst estimates of $7.29 billion. Drexel Hamilton initiated Time Warner Inc (NYSE:TWX) rating on Thursday, January 14. The business's quarterly revenue was up 5.4% on a year-over-year basis. During the same period a year ago, the firm earned $1.29 earnings per share. On average, equities analysts forecast that Time Warner will post $6.09 EPS for the current year.

The company also recently declared a quarterly dividend, which was paid on Tuesday, August 1st. Shareholders of record on Monday, July 10th were given a dividend of $0.4025 per share. The ex-dividend date was Thursday, July 6th. This represents a $1.61 annualized dividend and a dividend yield of 1.57%. Employees Retirement Of Texas stated it has 0.2% of its portfolio in Time Warner Inc (NYSE:TWX).

TRADEMARK VIOLATION NOTICE: "Cambridge Trust Co". BEWKES JEFFREY L also sold $16.67M worth of Time Warner Inc (NYSE:TWX) on Tuesday, February 21. "(TWX)" was originally posted by Sports Perspectives and is the sole property of of Sports Perspectives. If you are viewing this piece of content on another domain, it was illegally copied and republished in violation of USA & global copyright and trademark legislation. The legal version of this report can be viewed at https://www.chaffeybreeze.com/2017/08/07/zacks-investment-research-upgrades-time-warner-inc-nysetwx-to-buy-updated-updated-updated.html.

Several equities research analysts recently weighed in on TWX shares. Royal Bank Of Canada restated a "hold" rating and set a $108.00 price target on shares of Time Warner in a research report on Friday, July 14th. Jefferies maintained Time Warner Inc (NYSE:TWX) on Tuesday, May 23 with "Buy" rating. Pivotal Research cut Time Warner from a "buy" rating to a "hold" rating and increased their price objective for the stock from $100.00 to $107.50 in a report on Thursday, April 20th.

Among 3 analysts covering Immunomedics (NASDAQ:IMMU), 2 have Buy rating, 0 Sell and 1 Hold. On October 26, 2016 the stock rating was set at "Outperform" according to a Barclays report which is up from the previous "Equalweight" rating.

In other news, CFO Howard M. Averill purchased 255 shares of Time Warner stock in a transaction dated Thursday, June 15th. The stock was bought at an average price of $99.67 per share, with a total value of $25,415.85. Following the transaction, the chief financial officer now owns 63,399 shares of the company's stock, valued at approximately $6,318,978.33.

Snyder Capital Management LP decreased Thermon Group Hldgs Inc (THR) stake by 34.12% reported in 2016Q4 SEC filing. Hedge funds and other institutional investors own 80.02% of the company's stock. Fort Washington Advisors Oh has invested 0.01% in Time Warner Inc (NYSE:TWX). The Company operates through three segments: Turner, which consists of cable networks and digital media properties; Home Box Office, which consists of premium pay television and over the top (OTT) services and premium pay, basic tier television and OTT services internationally, and Warner Bros., which consists of television, feature film, home video, and videogame production and distribution.

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