BlueCrest Capital Management Ltd increased its position in Time Warner Inc. (NYSE:TWX) by 34.1% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 75,492 shares of the media conglomerate’s stock after buying an additional 19,184 shares during the quarter. BlueCrest Capital Management Ltd’s holdings in Time Warner were worth $7,580,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently added to or reduced their stakes in the company. Stillwater Investment Management LLC increased its position in 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 during the period. Park National Corp OH increased its position in 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 during the period. Jacobi Capital Management LLC increased its position in 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 during the period. Aureus Asset Management LLC increased its position in 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 during the period. Finally, North Star Investment Management Corp. increased its position in Time Warner by 1.1% during the 2nd quarter. North Star Investment Management Corp. now owns 2,767 shares of the media conglomerate’s stock valued at $278,000 after purchasing an additional 30 shares during the period. 79.19% of the stock is owned by institutional investors.

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A number of analysts have weighed in on TWX shares. BidaskClub raised shares of Time Warner from a “hold” rating to a “buy” rating in a research report on Tuesday, June 20th. Zacks Investment Research raised shares of Time Warner from a “hold” rating to a “buy” rating and set a $113.00 price objective for the company in a research report on Thursday, July 13th. Barclays PLC downgraded shares of Time Warner from an “overweight” rating to an “equal weight” rating and raised their price objective for the stock from $95.00 to $107.00 in a research report on Friday, August 4th. Jefferies Group LLC reaffirmed a “hold” rating and set a $105.00 price objective (up previously from $102.42) on shares of Time Warner in a research report on Sunday, July 30th. Finally, Royal Bank Of Canada reaffirmed a “hold” rating and set a $108.00 price objective on shares of Time Warner in a research report on Friday, July 14th. One research analyst has rated the stock with a sell rating, twenty-seven have issued a hold rating and seven have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $102.91.

Shares of Time Warner Inc. (NYSE TWX) traded down 0.83% during mid-day trading on Thursday, hitting $102.52. The stock had a trading volume of 1,013,408 shares. Time Warner Inc. has a 12 month low of $78.32 and a 12 month high of $103.90. The stock’s 50-day moving average is $102.07 and its 200 day moving average is $100.31. The company has a market cap of $79.74 billion, a PE ratio of 19.02 and a beta of 1.02.

Time Warner (NYSE:TWX) last released 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 business 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 firm’s revenue for the quarter was up 5.4% compared to the same quarter last year. During the same quarter last year, the business posted $1.29 EPS. On average, equities research analysts forecast that Time Warner Inc. will post $6.10 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, November 1st. Shareholders of record on Tuesday, October 10th will be issued a dividend of $0.4025 per share. This represents a $1.61 annualized dividend and a yield of 1.56%. The ex-dividend date is Friday, October 6th. Time Warner’s dividend payout ratio is presently 29.98%.

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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Institutional Ownership by Quarter for Time Warner (NYSE:TWX)

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