Empyrean Capital Partners LP Maintains Position in Time Warner INC (TWX)

Galtero Lara
Diciembre 7, 2017

Proofpoint Inc now has $3.90 billion valuation.

Time Warner (TWX) traded down $0.70 during trading on Wednesday, reaching $90.38. Canyon Capital Advisors LLC now owns 5,695,848 shares of the media conglomerate's stock valued at $556,541,000 after purchasing an additional 4,549,848 shares in the last quarter. Tesaro, Inc. (NASDAQ:TSRO) has risen 254.28% since December 5, 2016 and is uptrending. It has outperformed by 1.95% the S&P500.

Manikay Partners Llc increased Time Warner Inc (TWX) stake by 66.07% reported in 2017Q2 SEC filing. Looking at the stock's movement on the chart, Time Warner Inc. recorded a 52-week high of $103.90. Canada Pension Plan Investment Board now owns 2,044,346 shares of the media conglomerate's stock valued at $205,273,000 after purchasing an additional 1,762,300 shares in the last quarter. Time Warner accounts for 1.1% of Amundi Pioneer Asset Management Inc.'s holdings, making the stock its 22nd biggest position. Janus Henderson Group PLC now owns 2,171,828 shares of the media conglomerate's stock valued at $218,073,000 after purchasing an additional 2,069,495 shares in the last quarter. About 1.02M shares traded.

Time Warner Inc. (TWX) now has a Return on Assets (ROA) value of 7.9 Percent. It has outperformed by 19.67% the S&P500.

A number of other research analysts have also weighed in on the company. Therefore 80% are positive. Ensco Plc had 76 analyst reports since August 3, 2015 according to SRatingsIntel. (NYSE:TWX) earned "Hold" rating by BMO Capital Markets on Monday, September 11. The company was downgraded on Monday, October 24 by Goldman Sachs. The stock has "Buy" rating by Jefferies on Friday, June 16. Jefferies maintained it with "Buy" rating and $88 target in Thursday, August 4 report. Oppenheimer initiated Proofpoint, Inc. Barrington Research maintained Time Warner Inc. We have $4.74 PT which if reached, will make NASDAQ:ABUS worth $19.65M less. The firm has "Outperform" rating by RBC Capital Markets given on Thursday, November 5. Teachers Retirement Of The State Of Kentucky accumulated 85,032 shares. It also upped Advanced Micro Devices (NASDAQ:AMD) stake by 441,519 shares and now owns 634,132 shares. Amgen Inc (NASDAQ:AMGN) was raised too. Its up 0.10, from 0.75 in 2017Q1. It improved, as 31 investors sold PFPT shares while 75 reduced holdings. 104 funds opened positions while 306 raised stakes. 34,475 were reported by Sei Invs. First Trust Advsr Limited Partnership reported 0.03% of its portfolio in Tesaro, Inc. (NASDAQ:PFPT) for 170,000 shares. Atlas Browninc has 3,194 shares for 0.2% of their portfolio. 7,221 are owned by Clinton Grp Inc. (NASDAQ:PFPT) for 100,016 shares. York Cap Management Ltd Llc accumulated 3.23 million shares. Pnc Svcs Gp, a Pennsylvania-based fund reported 360,147 shares. 715.61 million shares or 0.88% less from 722.00 million shares in 2017Q1 were reported. The California-based Gamble Jones Invest Counsel has invested 0.1% in American Express Company (NYSE:AXP). (NASDAQ:PFPT). Zurcher Kantonalbank (Zurich Cantonalbank) holds 0% or 1,527 shares. NTV Asset Management LLC acquired a new stake in Time Warner in the 3rd quarter valued at about $202,000. One equities research analyst has rated the stock with a sell rating, twenty-one have given a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company. Therefore 36% are positive. The rating was upgraded by Credit Suisse on Monday, November 7 to "Outperform". (NYSE:TWX) has " rating given on Thursday, January 21 by Albert Fried. The firm has "Buy" rating given on Friday, August 14 by Citigroup. The firm earned " rating on Friday, August 7 by MoffettNathanson. BMO Capital Markets maintained Time Warner Inc. (NYSE:TWX). 5,205 are owned by Stratos Wealth Partners Limited. Chardan Capital Markets upgraded it to "Buy" rating and $4 target in Wednesday, November 30 report. As per Thursday, April 20, the company rating was downgraded by Pivotal Research.

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Investors sentiment increased to 0.85 in Q2 2017. Its up 0.10, from 0.75 in 2017Q1. It increased, as 41 investors sold TWX shares while 376 reduced holdings.

Hedge funds have recently added to or reduced their stakes in the company. (NYSE:TWX) for 998,431 shares. The media conglomerate reported $1.82 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $1.59 by $0.23. Genesee Valley Tru holds 0.18% or 4,297 shares in its portfolio. (NYSE:TWX). Moreover, Savant Cap Limited Liability Corp has 0.09% invested in Time Warner Inc. Valley Natl Advisers reported 0.06% of its portfolio in Time Warner Inc. Cibc Asset Incorporated stated it has 0.05% in Time Warner Inc. (NYSE:TWX) earned "Market Perform" rating by Telsey Advisory Group on Tuesday, January 3. Neuberger Berman Gru Ltd has invested 0.18% in Time Warner Inc. 255 Time Warner Inc. (NYSE:TWX). Trillium Asset Management Limited Liability Corporation invested 0.35% of its portfolio in Time Warner Inc. Jet Capital Invsts Ltd Partnership holds 7.66% or 1.50M shares in its portfolio.

Analysts await Time Warner Inc. (NASDAQ:TSRO) to report earnings on February, 27. They expect $1.46 earnings per share, up 16.80% or $0.21 from last year's $1.25 per share. TWX's profit will be $1.14 billion for 15.52 P/E if the $1.46 EPS becomes a reality. Comparatively, TWX posted earnings of $1.38 per share in the same quarter, a year earlier.

Since June 15, 2017, it had 1 insider purchase, and 0 sales for $25,416 activity.

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