Sheaff Brock Investment Advisors LLC grew its holdings in shares of Time Warner Inc. (NYSE:TWX) by 10.3% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 6,316 shares of the media conglomerate’s stock after buying an additional 592 shares during the quarter. Sheaff Brock Investment Advisors LLC’s holdings in Time Warner were worth $634,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Glassman Wealth Services lifted its stake in Time Warner by 8.9% during the second quarter. Glassman Wealth Services now owns 3,126 shares of the media conglomerate’s stock worth $314,000 after purchasing an additional 256 shares during the last quarter. Quinn Opportunity Partners LLC lifted its stake in Time Warner by 7.6% during the second quarter. Quinn Opportunity Partners LLC now owns 284,100 shares of the media conglomerate’s stock worth $28,526,000 after purchasing an additional 20,000 shares during the last quarter. Calamos Advisors LLC lifted its stake in Time Warner by 2.0% during the second quarter. Calamos Advisors LLC now owns 112,438 shares of the media conglomerate’s stock worth $11,290,000 after purchasing an additional 2,207 shares during the last quarter. Calamos Wealth Management LLC lifted its stake in Time Warner by 1.6% during the second quarter. Calamos Wealth Management LLC now owns 45,502 shares of the media conglomerate’s stock worth $4,569,000 after purchasing an additional 710 shares during the last quarter. Finally, Atlantic Trust Group LLC lifted its stake in Time Warner by 3.1% during the second quarter. Atlantic Trust Group LLC now owns 16,040 shares of the media conglomerate’s stock worth $1,610,000 after purchasing an additional 477 shares during the last quarter. Institutional investors own 79.16% of the company’s stock.

Several equities analysts recently issued reports on the company. Jefferies Group LLC restated a “hold” rating and set a $105.00 price objective (up from $102.42) on shares of Time Warner in a research note on Sunday, July 30th. Evercore ISI cut Time Warner from an “outperform” rating to an “in-line” rating and set a $108.00 price objective on the stock. in a research note on Monday, August 7th. Cowen and Company restated a “hold” rating and set a $107.50 price objective on shares of Time Warner in a research note on Thursday, August 3rd. Zacks Investment Research cut Time Warner from a “buy” rating to a “hold” rating in a research note on Monday, August 7th. Finally, BidaskClub upgraded Time Warner from a “hold” rating to a “buy” rating in a research note on Tuesday, August 1st. One investment analyst has rated the stock with a sell rating, twenty-seven have assigned a hold rating and seven have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of $102.91.

Shares of Time Warner Inc. (TWX) opened at 102.89 on Thursday. The firm’s 50-day moving average price is $101.65 and its 200-day moving average price is $99.76. Time Warner Inc. has a 12 month low of $74.68 and a 12 month high of $103.34. The firm has a market capitalization of $80.03 billion, a price-to-earnings ratio of 19.09 and a beta of 1.04.

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

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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.

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

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