Investors sold shares of Time Warner Inc. (NYSE:TWX) on strength during trading on Thursday. $57.24 million flowed into the stock on the tick-up and $136.62 million flowed out of the stock on the tick-down, for a money net flow of $79.38 million out of the stock. Of all companies tracked, Time Warner had the 5th highest net out-flow for the day. Time Warner traded up $0.45 for the day and closed at $90.01

Several equities research analysts have recently issued reports on the stock. Barclays PLC cut shares of Time Warner from an “overweight” rating to an “equal weight” rating and lifted their price objective for the company from $95.00 to $107.00 in a research report on Friday, August 4th. Evercore ISI cut shares of Time Warner from an “outperform” rating to an “in-line” rating and set a $108.00 price objective on the stock. in a research report on Monday, August 7th. Wells Fargo & Company reiterated a “market perform” rating and set a $84.00 price objective (down previously from $100.00) on shares of Time Warner in a research report on Tuesday. BMO Capital Markets reiterated a “hold” rating and set a $108.00 price objective on shares of Time Warner in a research report on Wednesday, September 13th. Finally, BidaskClub upgraded shares of Time Warner from a “hold” rating to a “buy” rating in a research report on Tuesday, August 1st. Twenty-three equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. Time Warner currently has a consensus rating of “Hold” and an average price target of $102.87.

The stock has a market cap of $70,430.00, a PE ratio of 14.78, a price-to-earnings-growth ratio of 1.41 and a beta of 0.98. The company has a quick ratio of 1.26, a current ratio of 1.48 and a debt-to-equity ratio of 0.80.

Time Warner (NYSE:TWX) last announced its quarterly earnings results on Thursday, October 26th. The media conglomerate reported $1.82 earnings per share for the quarter, topping the consensus estimate of $1.59 by $0.23. Time Warner had a net margin of 13.59% and a return on equity of 18.57%. The company had revenue of $7.60 billion for the quarter, compared to analysts’ expectations of $7.40 billion. During the same quarter in the previous year, the business posted $1.83 earnings per share. Time Warner’s quarterly revenue was up 6.0% on a year-over-year basis. analysts expect that Time Warner Inc. will post 6.2 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which was paid on Wednesday, November 1st. Investors of record on Tuesday, October 10th were given a $0.4025 dividend. This represents a $1.61 annualized dividend and a yield of 1.79%. The ex-dividend date of this dividend was Friday, October 6th. Time Warner’s dividend payout ratio is presently 30.61%.

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Northside Capital Management LLC increased its position in Time Warner by 175.1% during the first quarter. Northside Capital Management LLC now owns 13,943 shares of the media conglomerate’s stock valued at $1,362,000 after acquiring an additional 8,874 shares during the last quarter. Lazard Asset Management LLC increased its position in Time Warner by 18.3% during the first quarter. Lazard Asset Management LLC now owns 292,795 shares of the media conglomerate’s stock valued at $28,608,000 after acquiring an additional 45,243 shares during the last quarter. Renaissance Technologies LLC increased its position in Time Warner by 4,979.0% during the first quarter. Renaissance Technologies LLC now owns 2,678,334 shares of the media conglomerate’s stock valued at $261,700,000 after acquiring an additional 2,625,600 shares during the last quarter. BlackRock Inc. increased its position in Time Warner by 2,169.2% during the first quarter. BlackRock Inc. now owns 42,827,346 shares of the media conglomerate’s stock valued at $4,184,660,000 after acquiring an additional 40,940,053 shares during the last quarter. Finally, OZ Management LP increased its position in Time Warner by 98.2% during the first quarter. OZ Management LP now owns 6,243,467 shares of the media conglomerate’s stock valued at $610,049,000 after acquiring an additional 3,093,353 shares during the last quarter. Institutional investors own 77.15% of the company’s stock.

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About Time Warner

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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