Traders bought shares of Time Warner Inc. (NYSE:TWX) on weakness during trading on Friday. $51.75 million flowed into the stock on the tick-up and $35.33 million flowed out of the stock on the tick-down, for a money net flow of $16.42 million into the stock. Of all stocks tracked, Time Warner had the 25th highest net in-flow for the day. Time Warner traded down ($0.03) for the day and closed at $80.80

TWX has been the subject of a number of recent research reports. Telsey Advisory Group boosted their target price on Time Warner from $89.00 to $91.00 and gave the stock an “outperform” rating in a research report on Tuesday, April 26th. Morgan Stanley boosted their target price on Time Warner from $76.00 to $80.00 and gave the stock an “equal weight” rating in a research report on Tuesday, April 26th. MKM Partners boosted their target price on Time Warner from $78.00 to $86.00 and gave the stock a “buy” rating in a research report on Thursday, April 28th. KeyCorp downgraded Time Warner to an “overweight” rating in a research report on Monday, May 2nd. They noted that the move was a valuation call. Finally, Vetr upgraded Time Warner from a “buy” rating to a “strong-buy” rating and set a $82.87 target price for the company in a research report on Tuesday, May 3rd. One investment analyst has rated the stock with a sell rating, ten have issued a hold rating and twenty-seven have assigned a buy rating to the company’s stock. The stock has an average rating of “Buy” and an average price target of $86.24.

The company has a market cap of $62.85 billion and a price-to-earnings ratio of 16.08. The stock has a 50 day moving average price of $78.24 and a 200 day moving average price of $73.40.

Time Warner (NYSE:TWX) last released its quarterly earnings results on Wednesday, August 3rd. The media conglomerate reported $1.29 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.16 by $0.13. The company had revenue of $7 billion for the quarter, compared to analyst estimates of $7.12 billion. During the same quarter last year, the firm posted $1.25 EPS. Time Warner’s revenue for the quarter was down 5.4% on a year-over-year basis. On average, analysts forecast that Time Warner Inc. will post $5.42 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 15th. Shareholders of record on Wednesday, August 31st will be given a dividend of $0.4025 per share. The ex-dividend date of this dividend is Monday, August 29th. This represents a $1.61 annualized dividend and a dividend yield of 1.99%.

In other Time Warner news, Director Kenneth J. Novack sold 15,706 shares of Time Warner stock in a transaction that occurred on Wednesday, June 8th. The shares were sold at an average price of $75.48, for a total transaction of $1,185,488.88. Following the transaction, the director now owns 17,431 shares of the company’s stock, valued at approximately $1,315,691.88. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Gary L. Ginsberg sold 3,000 shares of Time Warner stock in a transaction that occurred on Friday, June 3rd. The stock was sold at an average price of $75.79, for a total transaction of $227,370.00. Following the transaction, the executive vice president now directly owns 22,232 shares in the company, valued at approximately $1,684,963.28. The disclosure for this sale can be found here.

Several institutional investors have recently bought and sold shares of the company. Suntrust Banks Inc. boosted its position in Time Warner by 78.4% in the fourth quarter. Suntrust Banks Inc. now owns 24,734 shares of the media conglomerate’s stock valued at $1,598,000 after buying an additional 10,871 shares in the last quarter. Victory Capital Management Inc. boosted its position in Time Warner by 109.6% in the fourth quarter. Victory Capital Management Inc. now owns 21,057 shares of the media conglomerate’s stock valued at $1,362,000 after buying an additional 11,011 shares in the last quarter. American International Group Inc. boosted its position in Time Warner by 6.6% in the fourth quarter. American International Group Inc. now owns 366,860 shares of the media conglomerate’s stock valued at $23,724,000 after buying an additional 22,656 shares in the last quarter. KBC Group NV boosted its position in Time Warner by 11.2% in the fourth quarter. KBC Group NV now owns 242,467 shares of the media conglomerate’s stock valued at $15,680,000 after buying an additional 24,415 shares in the last quarter. Finally, Nicholas Co. Inc. WI boosted its position in Time Warner by 3.3% in the fourth quarter. Nicholas Co. Inc. WI now owns 1,763,070 shares of the media conglomerate’s stock valued at $114,017,000 after buying an additional 55,760 shares in the last quarter.

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.

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