Time Warner Inc. (NYSE:TWX) – Investment analysts at Barrington Research boosted their Q3 2017 earnings per share (EPS) estimates for Time Warner in a research note issued on Monday. Barrington Research analyst J. Goss now expects that the brokerage will earn $1.49 per share for the quarter, up from their previous forecast of $1.48. Barrington Research also issued estimates for Time Warner’s Q4 2017 earnings at $1.45 EPS.

TWX has been the topic of a number of other reports. Albert Fried & Company reaffirmed an “overweight” rating and set a $90.00 target price on shares of Time Warner in a research report on Saturday. Loop Capital reaffirmed a “buy” rating and set a $96.00 target price on shares of Time Warner in a research report on Wednesday, August 17th. Needham & Company LLC reaffirmed a “hold” rating on shares of Time Warner in a research report on Thursday, October 13th. Goldman Sachs Group Inc. reaffirmed a “buy” rating on shares of Time Warner in a research report on Wednesday, July 6th. Finally, Deutsche Bank AG boosted their target price on Time Warner from $93.00 to $95.00 and gave the stock a “buy” rating in a research report on Thursday, August 4th. Eleven analysts have rated the stock with a hold rating, twenty-three have given a buy rating and one has given a strong buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus target price of $86.11.

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

Time Warner (NYSE:TWX) traded down 0.13% during trading on Wednesday, hitting $79.41. The stock had a trading volume of 1,536,122 shares. Time Warner has a 12-month low of $55.53 and a 12-month high of $81.33. The company has a market cap of $61.77 billion, a P/E ratio of 15.80 and a beta of 1.21. The company has a 50 day moving average of $78.09 and a 200-day moving average of $76.34.

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 consensus estimate of $1.16 by $0.13. The business had revenue of $7 billion for 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% compared to the same quarter last year. During the same period in the previous year, the company posted $1.25 EPS.

In related news, EVP Paul T. Cappuccio sold 56,595 shares of the firm’s stock in a transaction 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 directly owns 157,877 shares of the company’s stock, valued at approximately $12,352,296.48. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Karen Magee sold 14,240 shares of the firm’s stock in a transaction 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 of the company’s stock, valued at $596,656.17. The disclosure for this sale can be found here. Corporate insiders own 0.16% of the company’s stock.

Large investors have recently added to or reduced their stakes in the stock. RidgeWorth Capital Management LLC raised its position in shares of 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 during the last quarter. Thompson Davis & CO. Inc. raised 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 during the last quarter. City Holding Co. raised 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 during the last quarter. Thompson Siegel & Walmsley LLC raised 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 during the last quarter. Finally, Assetmark Inc. raised 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 during the last quarter. 80.68% of the stock is owned by hedge funds and other institutional investors.

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

Receive News & Stock Ratings for Time Warner Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Time Warner Inc. and related stocks with our FREE daily email newsletter.