Time Warner Inc. (NYSE:TWX) – Analysts at Jefferies Group boosted their FY2016 EPS estimates for Time Warner in a note issued to investors on Monday. Jefferies Group analyst J. Janedis now anticipates that the brokerage will post earnings per share of $5.46 for the year, up from their previous forecast of $5.45. Jefferies Group currently has a “Buy” rating on the stock. Jefferies Group also issued estimates for Time Warner’s Q1 2017 earnings at $1.46 EPS.

Other equities analysts also recently issued research reports about the stock. Bank of America Corp. restated a “hold” rating on shares of Time Warner in a research note on Tuesday, July 12th. Albert Fried & Company reiterated a “buy” rating and set a $90.00 target price on shares of Time Warner in a research note on Wednesday, August 3rd. Brean Capital reiterated a “buy” rating on shares of Time Warner in a research note on Tuesday, July 26th. MKM Partners reiterated a “buy” rating on shares of Time Warner in a research note on Monday, July 18th. Finally, Wunderlich lowered their target price on shares of Time Warner from $106.00 to $95.00 and set a “buy” rating for the company in a research note on Thursday, August 4th. One research analyst has rated the stock with a sell rating, nine have issued a hold rating, twenty-four have issued a buy rating and one has given a strong buy rating to the company’s stock. Time Warner has a consensus rating of “Buy” and an average price target of $86.11.

Earnings History and Estimates for Time Warner (NYSE:TWX)

Time Warner (NYSE:TWX) traded down 0.825% during trading on Tuesday, hitting $78.705. The company’s stock had a trading volume of 1,107,465 shares. Time Warner has a one year low of $55.53 and a one year high of $81.33. The firm has a market cap of $61.22 billion, a PE ratio of 15.660 and a beta of 1.21. The company has a 50-day moving average of $78.19 and a 200 day moving average of $76.08.

Time Warner (NYSE:TWX) last released its quarterly earnings data on Wednesday, August 3rd. The media conglomerate reported $1.29 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.16 by $0.13. The business earned $7 billion during the quarter, compared to analyst estimates of $7.12 billion. Time Warner had a return on equity of 17.33% and a net margin of 14.54%. The company’s revenue was down 5.4% on a year-over-year basis. During the same quarter last year, the business posted $1.25 EPS.

A number of institutional investors have recently bought and sold shares of the company. RidgeWorth Capital Management LLC increased its position in Time Warner by 35.9% in the second quarter. RidgeWorth Capital Management LLC now owns 1,502 shares of the media conglomerate’s stock worth $112,000 after buying an additional 397 shares in the last quarter. Thompson Davis & CO. Inc. increased its position in shares of Time Warner by 205.1% in the second quarter. Thompson Davis & CO. Inc. now owns 1,553 shares of the media conglomerate’s stock worth $114,000 after buying an additional 1,044 shares in the last quarter. City Holding Co. increased its position in shares of Time Warner by 2.3% in the second quarter. City Holding Co. now owns 1,592 shares of the media conglomerate’s stock worth $117,000 after buying an additional 36 shares in the last quarter. Thompson Siegel & Walmsley LLC increased its position in shares of Time Warner by 34.3% in the second quarter. Thompson Siegel & Walmsley LLC now owns 1,636 shares of the media conglomerate’s stock worth $120,000 after buying an additional 418 shares in the last quarter. Finally, Assetmark Inc. increased its position in shares of Time Warner by 29.4% in the second quarter. Assetmark Inc. now owns 1,678 shares of the media conglomerate’s stock worth $123,000 after buying an additional 381 shares in the last quarter. 80.67% of the stock is currently owned by institutional investors.

In other Time Warner news, insider Karen Magee sold 14,240 shares of the stock in a transaction that occurred on Thursday, August 25th. The shares were sold at an average price of $79.97, for a total transaction of $1,138,772.80. Following the transaction, the insider now owns 7,461 shares of the company’s stock, valued at $596,656.17. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, EVP Paul T. Cappuccio sold 56,595 shares of the 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 transaction, the executive vice president now directly owns 157,877 shares in the company, valued at approximately $12,352,296.48. The disclosure for this sale can be found here. Company insiders own 0.16% of the company’s stock.

The business also recently declared a quarterly dividend, which was paid on Thursday, September 15th. Shareholders of record on Wednesday, August 31st were paid a dividend of $0.4025 per share. This represents a $1.61 dividend on an annualized basis and a yield of 2.03%. The ex-dividend date of this dividend was Monday, August 29th. Time Warner’s dividend payout ratio is currently 32.01%.

About Time Warner

Time Warner Inc is a media and entertainment company. The Company operates through three segments: Turner, which consists of cable networks and digital media properties; Home Box Office, which consists of domestic premium pay television and streaming services, and international premium pay, basic tier television services and streaming services, and Warner Bros., which consists of television, feature film, home video and videogame production and distribution.

5 Day Chart for NYSE:TWX

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