Traders sold shares of Time Warner Inc. (NYSE:TWX) on strength during trading hours on Monday. $38.26 million flowed into the stock on the tick-up and $74.99 million flowed out of the stock on the tick-down, for a money net flow of $36.73 million out of the stock. Of all equities tracked, Time Warner had the 22nd highest net out-flow for the day. Time Warner traded up $0.50 for the day and closed at $101.60

A number of research analysts recently commented on TWX shares. BidaskClub lowered Time Warner from a “buy” rating to a “hold” rating in a research note on Wednesday, July 19th. Royal Bank Of Canada restated a “hold” rating and issued a $108.00 target price on shares of Time Warner in a research note on Friday, July 14th. Jefferies Group LLC restated a “buy” rating and issued a $105.00 target price on shares of Time Warner in a research note on Monday, May 22nd. Cowen and Company restated a “hold” rating and issued a $107.50 target price on shares of Time Warner in a research note on Thursday, August 3rd. Finally, Evercore ISI lowered Time Warner from an “outperform” rating to an “in-line” rating and set a $108.00 target price for the company. in a research note on Monday, August 7th. One equities research analyst has rated the stock with a sell rating, twenty-five have assigned a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $102.25.

The stock’s 50-day moving average is $101.41 and its 200-day moving average is $99.43. The stock has a market cap of $79.02 billion, a price-to-earnings ratio of 18.85 and a beta of 1.04.

Time Warner (NYSE:TWX) last issued its quarterly earnings results on Wednesday, August 2nd. The media conglomerate reported $1.33 earnings per share for the quarter, beating the consensus estimate of $1.19 by $0.14. The company had revenue of $7.33 billion during the quarter, compared to analysts’ expectations of $7.29 billion. Time Warner had a return on equity of 19.14% and a net margin of 14.10%. The business’s quarterly revenue was up 5.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.29 earnings per share. On average, equities analysts forecast that Time Warner Inc. will post $6.10 EPS for the current year.

In related news, CFO Howard M. Averill purchased 255 shares of the firm’s stock in a transaction dated Thursday, June 15th. The stock was bought at an average price of $99.67 per share, with a total value of $25,415.85. Following the completion of the purchase, the chief financial officer now owns 63,399 shares in the company, valued at approximately $6,318,978.33. The acquisition was disclosed in a filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.16% of the company’s stock.

Several institutional investors have recently made changes to their positions in the stock. First Bank & Trust boosted its position in shares of Time Warner by 0.3% during the 1st quarter. First Bank & Trust now owns 3,396 shares of the media conglomerate’s stock valued at $332,000 after purchasing an additional 9 shares in the last quarter. Stillwater Investment Management LLC boosted its position in shares of Time Warner by 0.4% during the 2nd quarter. Stillwater Investment Management LLC now owns 2,388 shares of the media conglomerate’s stock valued at $240,000 after purchasing an additional 9 shares in the last quarter. Park National Corp OH boosted its position in shares of Time Warner by 0.6% during the 2nd quarter. Park National Corp OH now owns 2,467 shares of the media conglomerate’s stock valued at $248,000 after purchasing an additional 14 shares in the last quarter. Jacobi Capital Management LLC boosted its position in shares of Time Warner by 2.1% during the 2nd quarter. Jacobi Capital Management LLC now owns 995 shares of the media conglomerate’s stock valued at $100,000 after purchasing an additional 20 shares in the last quarter. Finally, Aureus Asset Management LLC boosted its position in shares of Time Warner by 0.7% during the 2nd quarter. Aureus Asset Management LLC now owns 3,582 shares of the media conglomerate’s stock valued at $360,000 after purchasing an additional 25 shares in the last quarter. Institutional investors own 79.28% of the company’s stock.

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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.