Published: Sat, January 13, 2018
Finance | By Loren Pratt

Empyrean Capital Partners LP Increases Position in Time Warner INC (TWX)


BlackRock Inc. now owns 44,524,027 shares of the media conglomerate's stock valued at $4,470,656,000 after purchasing an additional 1,696,681 shares in the last quarter. The hedge fund run by David Einhorn held 50,000 shares of the rental and leasing company at the end of 2017Q3, valued at $18.75M, down from 220,000 at the end of the previous reported quarter. Facebook now has $545.20 billion valuation. The stock increased 0.95% or $1.515 during the last trading session, reaching $160.665. About 4.62 million shares traded. Coherent, Inc. (NASDAQ:COHR) has risen 187.82% since January 10, 2017 and is uptrending. 176.43 million shares or 2.12% more from 172.77 million shares in 2017Q2 were reported. Janus Henderson Group PLC increased its position in Time Warner by 2,022.3% during the second quarter. The stock traded with the average Volume of 8.33 Million at the end of last session. 2,878,767 shares of the company's stock traded hands.

Shares of Time Warner Inc (NYSE:TWX) opened at $92.28 on Wednesday. It has outperformed by 19.67% the S&P500.

Since August 14, 2017, it had 0 insider purchases, and 1 sale for $237,108 activity. (NASDAQ:FB) or 750 shares. $13.37M worth of Intuit Inc. (NASDAQ:FB) shares were sold by Zuckerberg Mark. The firm has "Buy" rating by Citigroup given on Monday, August 14. (NYSE:TWX). Independent Franchise Ptnrs Llp invested in 6.77M shares or 6.21% of the stock. The shares were sold at an average price of $90.03, for a total transaction of $2,111,203.50.

Investors sentiment decreased to 0.76 in 2017 Q3. Its down 0.09, from 0.85 in 2017Q2. It also reduced its holding in Apple Computer Inc. Boston Advsr Ltd Co holds 0.03% of its portfolio in Intuit Inc. Emerald Advisers Pa invested in 2,714 shares or 0.03% of the stock. Legal & General Pcl has 8,229 shares. Highlander Mngmt Ltd Llc has 1,298 shares for 0.1% of their portfolio. (NASDAQ:EA). Hl Service stated it has 0.05% of its portfolio in Electronic Arts Inc. Blackhill has invested 1.4% in Caterpillar Inc. (NASDAQ:FB) for 170,970 shares. Duncker Streett Inc reported 0.03% stake. (NASDAQ:INTU). Carroll Fincl Assoc Inc has 0% invested in Intuit Inc. (NASDAQ:FB) for 53,616 shares. Fny Managed Accounts Ltd Co owns 3,684 shares or 0.21% of their U.S. portfolio. Duncker Streett & Inc invested 0.11% in McKesson Corporation (NYSE:MCK). 281.04 million shares or 1.59% less from 285.59 million shares in 2017Q2 were reported. (NYSEAMERICAN:EVBN). Northern Corp holds 0% of its portfolio in Evans Bancorp, Inc. King Luther Mngmt Corporation has 1.68 million shares.

(RHI) by 34.01% based on its latest 2017Q3 regulatory filing with the SEC. It also reduced Pandora Media Inc. Ishares Tr (IWM) was reduced too.

Among 7 analysts covering Coherent (NASDAQ:COHR), 7 have Buy rating, 0 Sell and 0 Hold. Intuit had 79 analyst reports since August 10, 2015 according to SRatingsIntel. The firm has "Buy" rating by Monness Crespi & Hardt given on Friday, October 27. The firm has "Buy" rating given on Monday, August 29 by Mizuho. The firm has "Outperform" rating by FBR Capital given on Monday, October 31. The company was maintained on Friday, September 1 by Robert W. Baird. The stock of Big Lots, Inc. As per Wednesday, August 2, the company rating was maintained by Needham. The firm has "Sector Perform" rating by RBC Capital Markets given on Monday, October 24. The stock has "Buy" rating by Stifel Nicolaus on Friday, January 29. As per Thursday, November 5, the company rating was downgraded by Wells Fargo.


Since August 24, 2017, it had 0 buys, and 15 insider sales for $155.18 million activity. The Resolution Capital Ltd holds 546,450 shares with $67.88M value, up from 291,745 last quarter.

Investors sentiment decreased to 1.03 in Q3 2017. Its up 0.19, from 0.95 in 2017Q2.

Several hedge funds and other institutional investors have recently bought and sold shares of TWX. Old Mutual Global Investors UK Ltd. raised its position in Time Warner by 3,072.6% in the second quarter. The media conglomerate reported $1.82 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $1.59 by $0.23. California Employees Retirement Systems holds 0.32% or 2.08 million shares in its portfolio. Shufro Rose And Co Ltd Limited Liability Company owns 0.03% invested in Lexington Realty Trust (NYSE:LXP) for 30,551 shares. Amundi Pioneer Asset Management Incorporated has invested 1.12% of its portfolio in Time Warner Inc. "Cuts Holdings in Time Warner Inc (NYSE:TWX)" was originally reported by Week Herald and is the sole property of of Week Herald. Benjamin F Edwards Company stated it has 0% of its portfolio in Coherent, Inc. (NYSE:TWX). Carlson Capital LP invested in 3.40M shares. Pivotal Research upgraded Time Warner Inc. Caisse De Depot Et Placement Du Quebec holds 644,123 shares or 0.15% of its portfolio. Cibc Ww Mkts holds 0.22% or 220,938 shares. Tradewinds Management Lc accumulated 20 shares. Third Point has invested 2.37% in Time Warner Inc. (NYSE:TWX). Gulf Natl Bank (Uk) reported 0.34% stake. Glg Prtn LP has invested 1.58% of its portfolio in Time Warner Inc.

Analysts await Time Warner Inc. Twenty-one equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. Therefore 36% are positive.

COPYRIGHT VIOLATION NOTICE: "Time Warner Inc (TWX) Given Consensus Recommendation of "Hold" by Brokerages" was published by BBNS and is the property of of BBNS. (NYSE:TWX) has "Outperform" rating given on Thursday, November 5 by Credit Agricole. The company was initiated on Thursday, January 21 by Albert Fried. 3,097 were reported by Intll Gru Incorporated. JP Morgan downgraded the stock to "Neutral" rating in Monday, October 24 report. Time Warner presently has a consensus rating of "Hold" and an average target price of $105.13. (NYSE:TWX) rating on Thursday, November 5. Finally, B. Riley reaffirmed a "hold" rating and issued a $101.00 target price on shares of Time Warner in a report on Tuesday, November 21st. Wunderlich maintained the shares of TWX in report on Thursday, November 5 with "Buy" rating.

Provise Management Group Llc increased Lowes Cos Inc (NYSE:LOW) stake by 8,904 shares to 59,455 valued at $4.75 million in 2017Q3.

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