Analyst Downgrades – Time Warner (NYSE:TWX) Stock Gets Downgraded By Brean Capital from Buy to Hold
Analyst Downgrades – Time Warner (NYSE:TWX) Stock Gets Downgraded By Brean Capital from Buy to Hold
Analyst Ratings For Time Warner (NYSE:TWX) Today, Time Warner (NYSE:TWX) stock was downgraded by Brean Capital from Buy to Hold with a price target of $75.00. There are 17 hold ratings, 21 buy ratings on the stock. The current consensus rating on Time Warner (NYSE:TWX) is Buy (Score: 2.55) with a consensus target price of $95.39 per share, a potential 1.05% downside. Some recent analyst ratings…
Analyst Downgrades – Time Warner (NYSE:TWX) Stock Gets Downgraded By Brean Capital from Buy to Hold
Analyst Downgrades – Time Warner (NYSE:TWX) Stock Gets Downgraded By Brean Capital from Buy to Hold
Analyst Ratings For Time Warner (NYSE:TWX) Today, Time Warner (NYSE:TWX) stock was downgraded by Brean Capital from Buy to Hold with a price target of $75.00. There are 17 hold ratings, 21 buy ratings on the stock. The current consensus rating on Time Warner (NYSE:TWX) is Buy (Score: 2.55) with a consensus target price of $95.39 per share, a potential 1.05% downside. Some recent analyst ratings…
TIME WARNER INC. (NYSE:TWX) Files An 8-K Entry into a Material Definitive Agreement
TIME WARNER INC. (NYSE:TWX) Files An 8-K Entry into a Material Definitive Agreement
TIME WARNER INC. (NYSE:TWX) Files An 8-K Entry into a Material Definitive Agreement Item1.01.Entry into a Material Definitive Agreement. On December16, 2016, Time Warner Inc.(Time Warner)entered into the Third Amendment, dated as of December16, 2016 (the Third Amendment), to the Amended and Restated Credit Agreement, dated as of January19, 2011, as amended and restated as of December18, 2013, as…
Could AT&T's Purchase of Time Warner Crush Netflix?
When AT&T (NYSE:T) announced its plans to buy Time Warner (NYSE:TWX), many people expected Netflix (NASDAQ:NFLX) -- a fierce opponent of Comcast's (NASDAQ:CMCSA) attempted purchase of Time Warner Cable -- to oppose the merger. After all, merging a major internet, wireless, and pay TV provider with a media powerhouse could hurt Netflix with all sorts of bundling strategies.
But during a recent Wall Street Journal Live conference, Netflix CEO Reed Hastings expressed surprising support for the deal, stating that AT&T's creation of a "national competitor to all of the cable companies" could actually "be in the consumer's interest."
However, Hastings emphasized that he would only support the deal if it didn't "give an unfair advantage to HBO" and that "Netflix's bits" and "HBO's bits" were treated equally across AT&T's networks. "The key thing is whether there is going to be net neutrality," Hastings stated, "which hasn't been AT&T's favorite topic."
But that could be wishful thinking on Hastings' part, since AT&T has repeatedly taken shots at Netflix long before the Time Warner deal was announced. Could buying Time Warner finally give AT&T the power to throttle Netflix's growth?
Why would AT&T take aim at Netflix?
Netflix relies heavily on fast and reliable internet connections to deliver its streaming videos to its customers. But the more the quality of those streaming videos improve, the more data they consume on telecom companies' networks.
To counter that growing data usage, which increases their expenses, telcos started capping home internet data plans and asking companies to sign "paid peering" deals for direct access to their networks. That move enables companies to sidestep the congestion on the regular networks, while partially subsidizing the higher data usage expenses. Netflix opposed those deals on grounds that they violated net neutrality, but nonetheless signed them with AT&T, Verizon (NYSE:VZ), and Comcast in 2014.
Over the following two years, those ISPs adopted additional strategies to throttle Netflix's growth and discourage cord cutters from reducing their pay TV revenues. Comcast introduced strict data caps for home internet use, but "zero-rated" (excluded from data consumption limits) data from its own streaming platform, Stream TV.
Read full story at http://www.fool.com/investing/2016/10/30/could-atts-purchase-of-time-warner-crush-netflix.aspx
Meag Munich Ergo Kapitalanlagegesellschaft MBH Buys Shares of 312,064 Time Warner Inc. (TWX)
Meag Munich Ergo Kapitalanlagegesellschaft MBH bought a new stake in shares of Time Warner Inc. (NYSE:TWX) during the second quarter, according to its most recent filing with the SEC. The institutional investor bought 312,064 shares of the media conglomerate’s stock, valued at approximately $22,793,000. Time Warner makes up 2.1% of Meag Munich Ergo Kapitalanlagegesellschaft MBH’s holdings, making the stock its 7th largest position.
Other institutional investors have also recently added to or reduced their stakes in the company. Geode Capital Management LLC raised its position in Time Warner by 0.5% in the first quarter. Geode Capital Management LLC now owns 6,398,087 shares of the media conglomerate’s stock valued at $463,236,000 after buying an additional 34,327 shares in the last quarter. Legal & General Group Plc increased its stake in Time Warner by 1.6% in the first quarter. Legal & General Group Plc now owns 3,617,316 shares of the media conglomerate’s stock worth $262,434,000 after buying an additional 57,278 shares during the last quarter. UBS Asset Management Americas Inc. increased its stake in Time Warner by 2.0% in the first quarter. UBS Asset Management Americas Inc. now owns 2,664,921 shares of the media conglomerate’s stock worth $193,340,000 after buying an additional 51,715 shares during the last quarter. Adage Capital Partners GP L.L.C. increased its stake in Time Warner by 50.2% in the first quarter. Adage Capital Partners GP L.L.C. now owns 1,807,086 shares of the media conglomerate’s stock worth $131,104,000 after buying an additional 603,700 shares during the last quarter. Finally, New York State Teachers Retirement System increased its stake in Time Warner by 0.5% in the second quarter. New York State Teachers Retirement System now owns 1,549,724 shares of the media conglomerate’s stock worth $113,967,000 after buying an additional 8,371 shares during the last quarter. 80.68% of the stock is currently owned by hedge funds and other institutional investors.
Time Warner Inc. (NYSE:TWX) traded up 0.85% during midday trading on Tuesday, reaching $79.51. 2,581,424 shares of the company’s stock traded hands. The stock has a market cap of $61.85 billion, a PE ratio of 15.82 and a beta of 1.21. The stock’s 50 day moving average price is $78.07 and its 200-day moving average price is $76.30. Time Warner Inc. has a one year low of $55.53 and a one year high of $81.33.
Time Warner (NYSE:TWX) last issued its quarterly earnings results on Wednesday, August 3rd. The media conglomerate reported $1.29 earnings per share for the quarter, beating the consensus estimate of $1.16 by $0.13. Time Warner had a return on equity of 17.33% and a net margin of 14.54%. The firm earned $7 billion during the quarter, compared to the consensus estimate of $7.12 billion. During the same period last year, the company earned $1.25 earnings per share. The company’s revenue was down 5.4% on a year-over-year basis. Equities analysts predict that Time Warner Inc. will post $5.42 earnings per share for the current year.
Read full story at http://baseballnewssource.com/markets/meag-munich-ergo-kapitalanlagegesellschaft-mbh-buys-shares-of-312064-time-warner-inc-twx/159239.html
Time Warner’s (TWX) Hold Rating Reaffirmed at Needham & Company LLC
Needham & Company LLC reaffirmed their hold rating on shares of Time Warner Inc. (NYSE:TWX) in a report issued on Thursday morning.
Time Warner (NYSE:TWX) traded up 0.49% during trading on Thursday, hitting $79.79. 456,490 shares of the company’s stock traded hands. The firm’s 50-day moving average price is $78.09 and its 200 day moving average price is $76.14. Time Warner has a 12-month low of $55.53 and a 12-month high of $81.33. The stock has a market cap of $62.06 billion, a P/E ratio of 15.88 and a beta of 1.21.
Time Warner (NYSE:TWX) last announced its earnings results on Wednesday, August 3rd. The media conglomerate reported $1.29 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.16 by $0.13. Time Warner had a net margin of 14.54% and a return on equity of 17.33%. The firm had revenue of $7 billion for the quarter, compared to analyst estimates of $7.12 billion. During the same quarter last year, the business earned $1.25 earnings per share. Time Warner’s revenue was down 5.4% compared to the same quarter last year. Analysts anticipate that Time Warner will post $5.42 earnings per share for the current fiscal year.
The firm also recently announced a quarterly dividend, which was paid on Thursday, September 15th. Investors of record on Wednesday, August 31st were issued a $0.4025 dividend. The ex-dividend date of this dividend was Monday, August 29th. This represents a $1.61 dividend on an annualized basis and a dividend yield of 2.03%. Time Warner’s payout ratio is currently 32.01%.
In related news, insider Karen Magee sold 14,240 shares of the business’s stock in a transaction that occurred on Thursday, August 25th. The shares were sold at an average price of $79.97, for a total value of $1,138,772.80. Following the sale, the insider now directly owns 7,461 shares in the company, valued at approximately $596,656.17. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Paul T. Cappuccio sold 56,595 shares of the business’s stock in a transaction that occurred on Wednesday, September 7th. The stock was sold at an average price of $78.24, for a total transaction of $4,427,992.80. Following the completion of the sale, the executive vice president now owns 157,877 shares in the company, valued at $12,352,296.48. The disclosure for this sale can be found here. 0.16% of the stock is currently owned by corporate insiders.
Read full story at http://dailyquint.com/2016-10-15-time-warners-twx-hold-rating-reaffirmed-at-needham-company-llc/
Jefferies Group Analysts Boost Earnings Estimates for Time Warner Inc. (TWX)
Time Warner Inc. (NYSE:TWX) – Analysts at Jefferies Group boosted their FY2016 earnings per share estimates for shares of Time Warner in a research report issued to clients and investors on Monday. Jefferies Group analyst J. Janedis now forecasts that the firm will post earnings per share of $5.46 for the year, up from their previous estimate of $5.45. Jefferies Group has a “Buy” rating on the stock. Jefferies Group also issued estimates for Time Warner’s Q1 2017 earnings at $1.46 EPS.
TWX has been the subject of a number of other research reports. Brean Capital restated a “buy” rating and set a $90.00 price objective on shares of Time Warner in a research report on Friday, August 5th. Albert Fried & Company restated an “outperform” rating and set a $90.00 price objective on shares of Time Warner in a research report on Thursday, September 29th. Vetr upgraded Time Warner from a “buy” rating to a “strong-buy” rating and set a $83.96 price objective for the company in a research report on Monday, September 19th. Wedbush boosted their price objective on Time Warner from $82.00 to $88.00 and gave the company an “outperform” rating in a research report on Friday, July 29th. Finally, Goldman Sachs Group Inc. restated a “buy” rating on shares of Time Warner in a research report on Wednesday, July 6th. One research analyst has rated the stock with a sell rating, nine have given a hold rating, twenty-four have issued a buy rating and one has given a strong buy rating to the stock. Time Warner presently has a consensus rating of “Buy” and an average price target of $86.11.
Time Warner (NYSE:TWX) opened at 79.91 on Tuesday. The stock has a 50 day moving average price of $78.12 and a 200-day moving average price of $76.12. Time Warner has a 12 month low of $55.53 and a 12 month high of $81.33. The stock has a market cap of $62.16 billion, a PE ratio of 15.90 and a beta of 1.21.
Time Warner (NYSE:TWX) last announced its quarterly earnings results on Wednesday, August 3rd. The media conglomerate reported $1.29 earnings per share for the quarter, beating analysts’ consensus estimates of $1.16 by $0.13. Time Warner had a return on equity of 17.33% and a net margin of 14.54%. The business earned $7 billion during the quarter, compared to analysts’ expectations of $7.12 billion. During the same quarter last year, the business posted $1.25 earnings per share. The business’s revenue for the quarter was down 5.4% on a year-over-year basis.
Institutional investors have recently bought and sold shares of the company. BB&T Securities LLC boosted its position in Time Warner by 514.5% in the first quarter. BB&T Securities LLC now owns 478,589 shares of the media conglomerate’s stock valued at $34,721,000 after buying an additional 400,711 shares during the period. OMERS ADMINISTRATION Corp purchased a new position in Time Warner during the first quarter valued at approximately $595,000. NWQ Investment Management Company LLC boosted its position in Time Warner by 19.3% in the first quarter. NWQ Investment Management Company LLC now owns 962,948 shares of the media conglomerate’s stock valued at $69,862,000 after buying an additional 155,799 shares during the period. AMF Pensionsforsakring AB boosted its position in Time Warner by 32.8% in the first quarter. AMF Pensionsforsakring AB now owns 1,291,207 shares of the media conglomerate’s stock valued at $93,677,000 after buying an additional 318,570 shares during the period. Finally, Motley Fool Wealth Management LLC boosted its position in Time Warner by 9.4% in the first quarter. Motley Fool Wealth Management LLC now owns 18,896 shares of the media conglomerate’s stock valued at $1,371,000 after buying an additional 1,624 shares during the period. 80.67% of the stock is owned by institutional investors and hedge funds.
Read full story at http://baseballnewssource.com/markets/jefferies-group-analysts-boost-earnings-estimates-for-time-warner-inc-twx/149582.html
Today's Top Gainers in the Market Time Warner Inc. (NYSE:TWX) from Services
Today’s top gainers include the company Time Warner Inc. (NYSE:TWX) which is in the industry Entertainment – Diversified, gaining 0.48% today. In the last week its performance is 0.05%, and 1.92% for the past quarter. Currently, Time Warner Inc., TWX has a target price of 87.85, so today’s gain of 0.48% is a significant step towards its target price. The GAP today is therefore 0.44%.
Time Warner Inc. (NYSE:TWX), has a market cap of 62261.09, and is based in USA. Insider ownership is at 0.10%, and institutional ownership is 82.60%.
At the current price of 79.36, it has a dividend yield of 2.03%, and its target price is 87.85. This is with a profit margin of 14.50%, and total debt/equity of 1.02. Time Warner Inc. (NYSE:TWX) has a P/E of 15.93, as well as a forward P/E of 13.14.
With a current EPS of 4.98, and a forecasted EPS growth for next year at 11.36%,Time Warner Inc. (NYSE:TWX) has had a EPS growth for the past five years at 15.30%. For the next five years EPS growth is projected to be 14.42%.
Performance for the year is 10.95%. Since its IPO date on 3/19/1992, the total performance to date is 24.77%.
Volume today for Time Warner Inc. (NYSE:TWX), is 1716100, while its average volume is 3528.82. Whilst the total gain today was 0.48%, it did have a day high of -1.92%.
Volatility for this week has been at 1.09%, and 1.51% for the month. The 52-week low for Time Warner Inc., TWX has been 45.31%, while the 52-week-high has reached -1.92%.
Looking at its return of investments, which is 11.00%, and its return on assets is 6.40%. Time Warner Inc. (NYSE:TWX) has an operating margin of 25.30%. With a sales growth of -52.00% quarter over quarter. Bearing in mind that Time Warner Inc., TWX is in the sector Services, its long-term debt/equity is 1.02, and has a current ratio of 1.9 and 1.6 for quick ratio.
So what is the value of Time Warner Inc.? Well its PEG is 1.1, and the P/S is 2.23, along with a P/B of 2.61. Meanwhile it has a p/cash of 24.94.
Read full story at http://thedailyleicester.com/todays-top-gainers-in-the-market-time-warner-inc-nysetwx-from-services-16/
