Longfellow Funding Administration Co. LLC bought a brand new stake in shares of Time Warner Inc. (NYSE:TWX) through the third quarter, in keeping with its most up-to-date Kind 13F submitting with the Securities & Change Fee. The agency bought 120,000 shares of the media conglomerate’s inventory, valued at roughly $12,294,000. Time Warner accounts for about three.three% of Longfellow Funding Administration Co. LLC’s portfolio, making the inventory its ninth largest place.
Plenty of different giant buyers have additionally purchased and bought shares of the enterprise. Jacobi Capital Administration LLC grew its place in Time Warner by 2.1% within the second quarter. Jacobi Capital Administration LLC now owns 995 shares of the media conglomerate’s inventory value $100,000 after buying an extra 20 shares within the final quarter. Bellwether Funding Group LLC boosted its place in shares of Time Warner by 15.6% through the first quarter. Bellwether Funding Group LLC now owns 1,083 shares of the media conglomerate’s inventory valued at $106,000 after shopping for an extra 146 shares through the interval. Patriot Monetary Group Insurance coverage Company LLC boosted its place in shares of Time Warner by four.zero% through the second quarter. Patriot Monetary Group Insurance coverage Company LLC now owns 1,153 shares of the media conglomerate’s inventory valued at $116,000 after shopping for an extra 44 shares through the interval. Harfst & Associates Inc. boosted its holdings in shares of Time Warner by 31.6% within the second quarter. Harfst & Associates Inc. now owns 1,198 shares of the media conglomerate’s inventory valued at $120,000 after buying an extra 288 shares through the interval. Lastly, Captrust Monetary Advisors bought a brand new stake in shares of Time Warner within the second quarter valued at roughly $127,000. 79.11% of the inventory is at present owned by institutional buyers and hedge funds.
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TWX has been the topic of a lot of latest badysis reviews. Royal Financial institution Of Canada reissued a “maintain” score and issued a $108.00 value goal on shares of Time Warner in a badysis notice on Friday, July 14th. BidaskClub downgraded shares of Time Warner from a “purchase” score to a “maintain” score in a badysis notice on Wednesday, July 19th. Credit score Suisse Group downgraded Time Warner from an “outperform” score to a “impartial” score and set a $107.50 value goal on the inventory. in a badysis report on Monday, September 18th. Sanford C. Bernstein reissued a “market carry out” score on shares of Time Warner in a report on Tuesday, September 12th. Lastly, Morgan Stanley reissued an “chubby” score on shares of Time Warner in a report on Thursday, July sixth. Two equities badysis badysts have rated the inventory with a promote score, twenty-two have issued a maintain score and 5 have given a purchase score to the corporate. The inventory at present has a median score of “Maintain” and a consensus goal value of $105.05.
Shares of Time Warner Inc. (NYSE TWX) traded down zero.18% throughout noon buying and selling on Friday, reaching $98.79. 9,898,603 shares of the corporate traded arms. Time Warner Inc. has a 12 month low of $85.22 and a 12 month excessive of $103.90. The corporate has a 50 day transferring common of $101.87 and a 200 day transferring common of $100.53. The agency has a market capitalization of $76.92 billion, a P/E ratio of 18.19 and a beta of 1.02.
Time Warner (NYSE:TWX) final posted its quarterly earnings information on Thursday, October 26th. The media conglomerate reported $1.82 EPS for the quarter, beating the Zacks’ consensus estimate of $1.59 by $zero.23. The agency had income of $7.60 billion for the quarter, in comparison with the consensus estimate of $7.40 billion. Time Warner had a web margin of 13.59% and a return on fairness of 18.94%. The agency’s income was up 6.zero% in comparison with the identical quarter final 12 months. Throughout the identical interval within the prior 12 months, the agency posted $1.83 EPS. On common, equities badysis badysts predict that Time Warner Inc. will submit $6.13 earnings per share for the present fiscal 12 months.
The agency additionally lately introduced a quarterly dividend, which will probably be paid on Wednesday, November 1st. Shareholders of report on Tuesday, October 10th will probably be issued a dividend of $zero.4025 per share. The ex-dividend date of this dividend is Friday, October sixth. This represents a $1.61 dividend on an annualized foundation and a dividend yield of 1.63%. Time Warner’s dividend payout ratio (DPR) is 30.73%.
Time Warner Firm Profile
Time Warner Inc is a media and leisure firm. The Firm operates by way of three segments: Turner, which consists of cable networks and digital media properties; Residence Field Workplace, which consists of premium pay tv and excessive (OTT) companies and premium pay, fundamental tier tv and OTT companies internationally, and Warner Bros., which consists of tv, function movie, residence video, and videogame manufacturing and distribution.
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