Time Warner Inc (NYSE:TWX) Director Deborah C. Wright sold 4,019 shares of the business’s stock in a transaction dated Monday, February 12th. The stock was sold at an average price of $93.61, for a total transaction of $376,218.59. Following the sale, the director now directly owns 27,785 shares in the company, valued at approximately $2,600,953.85. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Shares of Time Warner Inc (TWX) opened at $94.52 on Thursday. Time Warner Inc has a fifty-two week low of $85.88 and a fifty-two week high of $103.90. The stock has a market cap of $73,590.00, a PE ratio of 17.41, a price-to-earnings-growth ratio of 1.26 and a beta of 0.94. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.08 and a quick ratio of 0.91.

Time Warner (NYSE:TWX) last announced its quarterly earnings results on Thursday, February 1st. The media conglomerate reported $1.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.44 by $0.16. Time Warner had a net margin of 16.78% and a return on equity of 18.96%. The company had revenue of $8.61 billion for the quarter, compared to the consensus estimate of $8.41 billion. During the same quarter in the prior year, the firm earned $1.25 earnings per share. The company’s revenue for the quarter was up 9.1% compared to the same quarter last year. equities research analysts expect that Time Warner Inc will post 7.56 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Thursday, February 1st. Shareholders of record on Wednesday, January 10th were issued a $0.4025 dividend. This represents a $1.61 annualized dividend and a dividend yield of 1.70%. The ex-dividend date was Tuesday, January 9th. Time Warner’s dividend payout ratio (DPR) is presently 29.65%.

A number of analysts recently commented on TWX shares. Royal Bank of Canada reissued a “hold” rating and set a $108.00 price objective on shares of Time Warner in a report on Wednesday, October 18th. ValuEngine downgraded shares of Time Warner from a “buy” rating to a “hold” rating in a report on Thursday, October 26th. Cowen reissued a “hold” rating and set a $102.00 price objective on shares of Time Warner in a report on Friday, October 27th. Zacks Investment Research raised shares of Time Warner from a “sell” rating to a “hold” rating and set a $110.00 price objective on the stock in a report on Monday, October 30th. Finally, B. Riley reissued a “neutral” rating and set a $101.00 price objective (down previously from $105.00) on shares of Time Warner in a report on Friday, November 3rd. Sixteen equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. Time Warner currently has a consensus rating of “Hold” and an average price target of $104.36.

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Bank of Nova Scotia Trust Co. purchased a new position in shares of Time Warner during the third quarter valued at approximately $102,000. Americafirst Capital Management LLC purchased a new position in shares of Time Warner during the third quarter valued at approximately $106,000. Zions Bancorporation lifted its stake in shares of Time Warner by 698.6% during the third quarter. Zions Bancorporation now owns 1,142 shares of the media conglomerate’s stock valued at $117,000 after buying an additional 999 shares during the period. Vestpro Financial Partners Inc. dba CPF Texas purchased a new position in shares of Time Warner during the fourth quarter valued at approximately $131,000. Finally, Advisory Services Network LLC lifted its stake in shares of Time Warner by 1.8% during the second quarter. Advisory Services Network LLC now owns 1,439 shares of the media conglomerate’s stock valued at $144,000 after buying an additional 26 shares during the period. 76.85% of the stock is currently owned by institutional investors.

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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 premium pay television and over the top (OTT) services and premium pay, basic tier television and OTT services internationally, and Warner Bros., which consists of television, feature film, home video, and videogame production and distribution.

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