The Lumbard & Kellner LLC Acquires 85 Shares of Time Warner Inc. (TWX)

Monday, 12 Feb, 2018

The correct version of this news story can be viewed at https://www.thelincolnianonline.com/2018/02/11/edgemoor-investment-advisors-inc-sells-5085-shares-of-time-warner-inc-twx.html. Omni Partners Llp who had been investing in Time Warner Inc for a number of months, seems to be bullish on the $72.07 billion market cap company. The stock decreased 1.36% or $0.14 during the last trading session, reaching $10.14. 8,080,000 shares of the stock traded hands, compared to its average volume of 5,150,000. It has outperformed by 19.67% the S&P500.

Martin Investment Management Llc decreased its stake in Check Point Software Tech (CHKP) by 7.79% based on its latest 2017Q3 regulatory filing with the SEC. Another trade for 62,989 shares valued at $6.42 million was sold by COMAS DANIEL L. Another trade for 43,688 shares valued at $3.62M was made by King William on Thursday, August 31. Finally, Capital Fund Management S.A. grew its stake in shares of Time Warner by 49.2% in the 1st quarter. The company has a current ratio of 1.08, a quick ratio of 0.91 and a debt-to-equity ratio of 0.64. The stock increased 0.75% or $0.33 during the last trading session, reaching $44.61. Angelo Gordon And LP invested in 4.77% or 1.00M shares. Ascent Capital Group, Inc. General Electric Company (NYSE:GE) has declined 4.46% since February 11, 2017 and is downtrending. It has underperformed by 38.71% the S&P500. Virginia-based Palladium Prns Limited Liability has invested 0.02% in Time Warner Inc.

TWX has been the topic of several recent analyst reports.

Analysts expect Peyto Exploration & Development Corp (TSE:PEY) to report $0.31 EPS on March, 7.They anticipate $0.08 EPS change or 34.78% from last quarter's $0.23 EPS.

Davide Leone & Partners Investment Company Llp, which manages about $1.12 billion US Long portfolio, decreased its stake in Salesforce Com Inc (Call) (NYSE:CRM) by 359,698 shares to 550,000 shares, valued at $51.38M in 2017Q3, according to the filing. Sumitomo Life Ins reported 20,259 shares or 0.36% of all its holdings.

Since December 14, 2017, it had 0 insider purchases, and 2 selling transactions for $2.50 million activity. The stock was sold at an average price of $97.20, for a total transaction of $390,646.80. Investors of record on Wednesday, January 10th were paid a dividend of $0.4025 per share. Its up 0.18, from 1 in 2017Q2.

A number of other hedge funds and other institutional investors have also bought and sold shares of TWX.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. The media conglomerate reported $1.60 earnings per share for the quarter, beating the consensus estimate of $1.44 by $0.16. (NYSE:TWX). First Quadrant Ltd Partnership Ca holds 0.07% or 37,466 shares. Bank of Nova Scotia Trust Co. acquired a new stake in Time Warner in the third quarter worth $102,000. (NYSE:MTZ) for 14,758 shares. Brighton Jones Llc holds 0.18% of its portfolio in Time Warner Inc. Bkd Wealth invested in 19,323 shares. Voya Inv Mngmt Limited Liability Com holds 0.17% of its portfolio in MetLife, Inc. Tnb Financial, Georgia-based fund reported 363,965 shares. 186.79 million shares or 0.55% more from 185.76 million shares in 2017Q2 were reported. Raymond James & Assoc holds 0.23% or 1.12M shares in its portfolio. (NYSE:APD) for 2.35 million shares. Harvest Mngmt Limited Liability accumulated 155,000 shares or 9.99% of the stock. (NYSE:TWX). Illinois-based Interocean Cap Ltd has invested 0.29% in Time Warner Inc. Guggenheim reiterated a "buy" rating on shares of Time Warner in a research note on Thursday, January 4th. United Fire Grp holds 2.24% or 275,000 shares in its portfolio. Time Warner Inc has a 52 week low of $85.88 and a 52 week high of $103.90. One analyst has rated the stock with a sell rating, twenty-seven have assigned a hold rating and seven have assigned a buy rating to the company's stock. Therefore 20% are positive.

Time Warner Inc is a media and entertainment company. The firm earned "Buy" rating on Friday, August 14 by Citigroup. On Wednesday, November 1 the stock rating was downgraded by BTIG Research to "Hold". On Thursday, February 1 the stock rating was maintained by RBC Capital Markets with "Hold". Loop Capital lowered their price objective on shares of Time Warner from $107.50 to $102.00 and set a "hold" rating on the stock in a research note on Thursday, November 9th. The firm has "Sector Perform" rating given on Monday, October 24 by RBC Capital Markets. (NYSE:MTZ) on Monday, August 3 with "Outperform" rating. The rating was downgraded by FBR Capital on Tuesday, July 26 to "Market Perform". As per Monday, October 16, the company rating was maintained by KeyBanc Capital Markets. In the last 90 days, insiders have sold 356,947 shares of company stock valued at $32,369,031. Ball Corp (NYSE:BLL) was raised too. The stock has "Hold" rating by RBC Capital Markets on Tuesday, September 5. Therefore 16% are positive. On Friday, October 23 the stock rating was maintained by Stifel Nicolaus with "Buy". Financial Bank Of Ny Mellon has invested 0% of its portfolio in Willbros Group, Inc. (NASDAQ:ASCMA) on Wednesday, November 9 to "Outperform" rating. The firm has "Hold" rating by Jefferies given on Thursday, August 3. The firm has "Outperform" rating by Robert W. Baird given on Tuesday, August 25.

Investors sentiment increased to 2.24 in Q3 2017. The media conglomerate reported $1.60 EPS for the quarter, topping analysts' consensus estimates of $1.44 by $0.16. It increased, as 29 investors sold MTZ shares while 73 reduced holdings. State Board Of Administration Of Florida Retirement System reported 0.83% stake. Macroview Mgmt Ltd Liability holds 0.01% or 26 shares. It also reduced Alnylam Pharmaceuticals Inc (NASDAQ:ALNY) stake by 5,511 shares and now owns 31,897 shares. Northern Tru holds 133,113 shares. Cornercap Counsel holds 17,500 shares. Heartland Advsr Incorporated, a Wisconsin-based fund reported 4.19 million shares. Advisors Asset Management has invested 0.02% in Reinsurance Group of America, Incorporated (NYSE:RGA). (NYSE:WG). Schwab Charles Invest Mgmt Inc holds 0% of its portfolio in Willbros Group, Inc. 9,012 are owned by Rothschild Asset Mgmt.