Time Warner INC (Call) (TWX) Stock Value Declined While Point72 Asset Management LP Has Decreased by $227.86 Million Its Holding

August 9, 2018 - By Victoria Pittman

Time Warner Inc. (NYSE:TWX) LogoInvestors sentiment increased to 0.98 in Q1 2018. Its up 0.07, from 0.91 in 2017Q4. It is positive, as 68 investors sold TWX shares while 336 reduced holdings. 98 funds opened positions while 299 raised stakes. 589.17 million shares or 1.52% less from 598.25 million shares in 2017Q4 were reported. 10,680 are owned by Greenleaf. The Connecticut-based Hartford Incorporated has invested 0.01% in Time Warner Inc. (NYSE:TWX). Utd Services Automobile Association stated it has 0.14% of its portfolio in Time Warner Inc. (NYSE:TWX). Harvey Cap Mgmt has invested 3.34% in Time Warner Inc. (NYSE:TWX). Raymond James Services Advsr stated it has 0.29% in Time Warner Inc. (NYSE:TWX). Macroview Inv Mgmt Lc reported 26 shares. Chesley Taft & Assoc invested 0.11% in Time Warner Inc. (NYSE:TWX). Moreover, Dowling & Yahnke Limited Liability Company has 0.55% invested in Time Warner Inc. (NYSE:TWX). 56 are owned by Department Mb Finance Bancorp N A. 1.02M are owned by Farallon Cap Mgmt Limited Liability. Leavell Investment Mgmt holds 0.03% or 2,874 shares. Ledyard National Bank accumulated 3,928 shares or 0.05% of the stock. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Corp has invested 0.28% in Time Warner Inc. (NYSE:TWX). Zeke Advsrs Limited Liability Corporation has 24,094 shares. Moreover, Pitcairn has 0.12% invested in Time Warner Inc. (NYSE:TWX).

Since February 12, 2018, it had 0 buys, and 1 sale for $376,219 activity.

Point72 Asset Management Lp decreased its stake in Time Warner Inc (Call) (TWX) by 39.24% based on its latest 2018Q1 regulatory filing with the SEC. Point72 Asset Management Lp sold 2.42 million shares as the company’s stock declined 1.16% with the market. The hedge fund held 3.75M shares of the television services company at the end of 2018Q1, valued at $354.98M, down from 6.18 million at the end of the previous reported quarter. Point72 Asset Management Lp who had been investing in Time Warner Inc (Call) for a number of months, seems to be less bullish one the $77.27 billion market cap company. It closed at $98.77 lastly. It is down 5.23% since August 9, 2017 and is downtrending. It has underperformed by 17.80% the S&P500.

Point72 Asset Management Lp, which manages about $23.92 billion US Long portfolio, upped its stake in Keane Group Inc by 387,799 shares to 1.19 million shares, valued at $17.58M in 2018Q1, according to the filing. It also increased its holding in Varian Med Sys Inc (Put) (NYSE:VAR) by 49,739 shares in the quarter, for a total of 100,000 shares, and has risen its stake in American Axle & Mfg Hldgs In (NYSE:AXL).

More notable recent Time Warner Inc. (NYSE:TWX) news were published by: Seekingalpha.com which released: “Breakingviews: Disney Wins Fox Fight” on July 26, 2018, also Investorplace.com with their article: “Why T-Mobile Stock Needs the Sprint Merger” published on August 08, 2018, Bizjournals.com published: “Not done yet! Feds appeal AT&T-Time Warner merger approval” on July 12, 2018. More interesting news about Time Warner Inc. (NYSE:TWX) were released by: Seekingalpha.com and their article: “Do Verizon Investors Know About This $300 Million Secret?” published on July 23, 2018 as well as Bizjournals.com‘s news article titled: “AT&T shares at multiyear lows as company prepares for key second-quarter report” with publication date: July 23, 2018.

Time Warner Inc. (NYSE:TWX) Ratings Coverage

Among 7 analysts covering Time Warner (NYSE:TWX), 2 have Buy rating, 0 Sell and 5 Hold. Therefore 29% are positive. Time Warner has $11000 highest and $10000 lowest target. $103.38’s average target is 4.67% above currents $98.77 stock price. Time Warner had 8 analyst reports since March 12, 2018 according to SRatingsIntel. The firm has “Hold” rating by Pivotal Research given on Tuesday, April 17. The company was downgraded on Wednesday, June 13 by Moffett Nathanson. The firm earned “Buy” rating on Monday, March 12 by UBS. BMO Capital Markets maintained it with “Hold” rating and $10000 target in Wednesday, April 25 report. The firm earned “Hold” rating on Thursday, June 14 by Loop Capital. The rating was downgraded by Barrington Research on Wednesday, June 13 to “Market Perform”.

Time Warner Inc. (NYSE:TWX) Institutional Positions Chart

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