Time Warner Inc. (NYSE:TWX) – Research analysts at Barrington Research lowered their FY2018 EPS estimates for shares of Time Warner in a report released on Monday. Barrington Research analyst J. Goss now anticipates that the brokerage will post earnings of $6.70 per share for the year, down from their previous forecast of $6.75.

A number of other research firms have also weighed in on TWX. Brean Capital reissued a “buy” rating on shares of Time Warner in a research note on Tuesday, July 26th. Jefferies Group reissued a “buy” rating on shares of Time Warner in a research note on Thursday, August 25th. Albert Fried & Company reaffirmed an “outperform” rating and set a $90.00 price target on shares of Time Warner in a research report on Thursday, September 29th. Vetr lowered shares of Time Warner from a “strong-buy” rating to a “buy” rating and set a $84.06 price target on the stock. in a research report on Thursday, July 7th. Finally, Zacks Investment Research lowered shares of Time Warner from a “buy” rating to a “hold” rating in a research report on Tuesday. Eleven research analysts have rated the stock with a hold rating, twenty-three have issued a buy rating and one has issued a strong buy rating to the company’s stock. The company has an average rating of “Buy” and an average target price of $86.11.

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

Shares of Time Warner (NYSE:TWX) traded up 1.008% on Tuesday, reaching $79.635. The company had a trading volume of 1,629,105 shares. The stock has a market capitalization of $61.94 billion, a P/E ratio of 15.845 and a beta of 1.21. Time Warner has a 1-year low of $55.53 and a 1-year high of $81.33. The company’s 50 day moving average price is $78.08 and its 200-day moving average price is $76.30.

Time Warner (NYSE:TWX) last announced its quarterly earnings data on Wednesday, August 3rd. The media conglomerate reported $1.29 earnings per share (EPS) for the quarter, topping 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 company had revenue of $7 billion for the quarter, compared to analysts’ expectations of $7.12 billion. During the same quarter in the prior year, the firm earned $1.25 earnings per share. Time Warner’s revenue was down 5.4% compared to the same quarter last year.

In other Time Warner news, insider Karen Magee sold 14,240 shares of the company’s stock in a transaction dated 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 directly owns 7,461 shares in the company, valued at $596,656.17. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Paul T. Cappuccio sold 56,595 shares of the company’s stock in a transaction dated 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 owns 157,877 shares in the company, valued at $12,352,296.48. The disclosure for this sale can be found here. Company insiders own 0.16% of the company’s stock.

A number of hedge funds and other institutional investors have recently modified their holdings of TWX. BKD Wealth Advisors LLC raised its position in shares of Time Warner by 12.5% in the third quarter. BKD Wealth Advisors LLC now owns 17,834 shares of the media conglomerate’s stock valued at $1,420,000 after buying an additional 1,975 shares during the last quarter. Westwood Management Corp IL bought a new position in shares of Time Warner during the third quarter valued at $239,000. Laurel Grove Capital LLC raised its position in shares of Time Warner by 144.5% in the third quarter. Laurel Grove Capital LLC now owns 23,350 shares of the media conglomerate’s stock valued at $1,859,000 after buying an additional 13,800 shares during the last quarter. Starfire Investment Advisers Inc. raised its position in shares of Time Warner by 24.7% in the third quarter. Starfire Investment Advisers Inc. now owns 12,841 shares of the media conglomerate’s stock valued at $1,022,000 after buying an additional 2,544 shares during the last quarter. Finally, CWM LLC raised its position in shares of Time Warner by 23.3% in the third quarter. CWM LLC now owns 2,521 shares of the media conglomerate’s stock valued at $201,000 after buying an additional 477 shares during the last quarter. Institutional investors own 80.68% of the company’s stock.

Time Warner Company Profile

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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