As Time Warner INC (TWX) Stock Value Rose, Highline Capital Management LLC Has Boosted by $154.72 Million Its Stake

July 18, 2017 - By reb123z

Investors sentiment increased to 1.09 in 2016 Q4. Its up 0.07, from 1.02 in 2016Q3. It increased, as 65 investors sold TWX shares while 344 reduced holdings. 154 funds opened positions while 293 raised stakes. 608.00 million shares or 0.40% more from 605.61 million shares in 2016Q3 were reported. Manikay Limited Liability Corp reported 4.83% stake. 6.24 million were reported by Clearbridge Ltd Liability Corp. Bp Pcl reported 97,000 shares. Sol Mngmt stated it has 19,163 shares. Metropolitan Life, New York-based fund reported 406,657 shares. Voloridge Mgmt Lc holds 0.99% or 475,816 shares in its portfolio. Private Communication Na holds 7,384 shares. Clear Harbor Asset Ltd has invested 0.17% in Time Warner Inc (NYSE:TWX). Chicago Equity Limited Liability Company accumulated 114,915 shares. Ibm Retirement Fund reported 73,894 shares stake. Meiji Yasuda Asset Mngmt Communications Limited stated it has 25,482 shares. State Board Of Administration Of Florida Retirement Sys invested in 0.34% or 1.16 million shares. 9,090 are owned by Northern Capital Management Limited Company. Gotham Asset Limited Liability Co has 0.24% invested in Time Warner Inc (NYSE:TWX) for 193,475 shares. Moreover, Lpl Financial Ltd Liability has 0.02% invested in Time Warner Inc (NYSE:TWX) for 27,964 shares.

Since February 21, 2017, it had 1 insider purchase, and 1 sale for $16.64 million activity. BEWKES JEFFREY L had sold 172,932 shares worth $16.67M.

Jacob Doft increased its stake in Time Warner Inc (TWX) by 537.23% based on its latest 2016Q4 regulatory filing with the SEC. Highline Capital Management Llc bought 1.61M shares as the company’s stock rose 1.19% with the market. The hedge fund run by Jacob Doft held 1.91M shares of the television services company at the end of 2016Q4, valued at $184.54 million, up from 300,000 at the end of the previous reported quarter. Highline Capital Management Llc who had been investing in Time Warner Inc for a number of months, seems to be bullish on the $76.49 billion market cap company. It closed at $99.21 lastly. It is down 36.37% since July 18, 2016 and is uptrending. It has outperformed by 19.67% the S&P500.

Highline Capital Management Llc, which manages about $3.04 billion and $3.50 billion US Long portfolio, decreased its stake in Willis Towers Watson Pub Ltd by 164,000 shares to 721,100 shares, valued at $88.18 million in 2016Q4, according to the filing. It also reduced its holding in Constellation Brands Inc (NYSE:STZ) by 138,800 shares in the quarter, leaving it with 826,200 shares, and cut its stake in Steel Dynamics Inc (NASDAQ:STLD).

More notable recent Time Warner Inc (NYSE:TWX) news were published by: Thestreet.com which released: “Trump May Be Unable to Kill AT&T-Time Warner Deal” on July 06, 2017, also Money.Cnn.com with their article: “AT&T to consider splitting telecom, media divisions after Time Warner deal” published on July 14, 2017, Nasdaq.com published: “Time Warner Inc. (TWX) Ex-Dividend Date Scheduled for July 06, 2017” on July 05, 2017. More interesting news about Time Warner Inc (NYSE:TWX) were released by: Thestreet.com and their article: “AT&T’s New Corporate Structure Has One Big Caveat Attached” published on July 17, 2017 as well as Reuters.com‘s news article titled: “Time Warner signs deal to develop shows for Snapchat” with publication date: June 19, 2017.

Time Warner Inc (NYSE:TWX) Ratings Coverage

Among 34 analysts covering Time Warner Inc. (NYSE:TWX), 16 have Buy rating, 0 Sell and 18 Hold. Therefore 47% are positive. Time Warner Inc. had 84 analyst reports since August 6, 2015 according to SRatingsIntel. Macquarie Research downgraded Time Warner Inc (NYSE:TWX) on Monday, October 24 to “Neutral” rating. The stock has “Buy” rating by S&P Research on Thursday, August 6. FBR Capital maintained Time Warner Inc (NYSE:TWX) rating on Thursday, December 22. FBR Capital has “Outperform” rating and $107.50 target. MoffettNathanson upgraded the shares of TWX in report on Friday, August 7 to “” rating. The stock of Time Warner Inc (NYSE:TWX) has “Market Perform” rating given on Monday, August 24 by Cowen & Co. Jefferies maintained the shares of TWX in report on Thursday, August 4 with “Buy” rating. The stock of Time Warner Inc (NYSE:TWX) earned “” rating by Moffett Nathanson on Friday, August 7. Topeka Capital Markets maintained Time Warner Inc (NYSE:TWX) rating on Tuesday, September 15. Topeka Capital Markets has “Buy” rating and $107 target. The firm has “Market Perform” rating given on Tuesday, July 26 by FBR Capital. The stock has “Market Perform” rating by Wells Fargo on Thursday, November 5.

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