Time Warner Q4 Profit Tops Estimates; Revenues Up 9%

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It has outperformed by 2.41% the S&P500.

Amf Pensionsforsakring Ab decreased its stake in Praxair Inc (PX) by 13.25% based on its latest 2017Q3 regulatory filing with the SEC.

On 12/14/2017 Olaf Olafsson, Insider, sold 23,450 with an average share price of $90.03 per share and the total transaction amounting to $2,111,203.50. The company's revenue rose 9% to $8.6 billion and operating income gained 13% to $1.9 billion for the quarter ended December 31. About 1.29 million shares traded. The stock decreased 2.21% or $3.53 during the last trading session, reaching $156.3. About 647,623 shares traded. Sterling Construction Company, Inc. SAP SE (NYSE:SAP) has risen 36.82% since February 1, 2017 and is uptrending. It has outperformed by 111.95% the S&P500. Therefore 0 are positive. ValuEngine downgraded shares of Time Warner from a "buy" rating to a "hold" rating in a research note on Friday. The firm has "Buy" rating by Jefferies given on Monday, June 26. The firm has "Buy" rating given on Thursday, October 8 by Topeka Capital Markets. The firm has "Neutral" rating by Moffett Nathanson given on Monday, October 24. (NASDAQ:PEP) earned "Hold" rating by Stifel Nicolaus on Thursday, April 14.

Price earnings ratio (P/E) ratio Analysis about Time Warner Inc.

If the merger goes through, the agreement gives holders of TWX stock $107.50 per share. Investors of record on Monday, July 10th were issued a $0.4025 dividend. Its down 0.15, from 1.12 in 2017Q2.

Other hedge funds have also added to or reduced their stakes in the company. 964.87 million shares or 1.00% less from 974.57 million shares in 2017Q2 were reported. Connors Investor invested in 1.42% or 67,583 shares. 963,214 were reported by Capital Intll Invsts. (NYSE:TWX). Raymond James Fincl Services Inc owns 451,805 shares or 0.3% of their USA portfolio. Marshall Wace Llp owns 414,139 shares.

TWX has been the subject of a number of analyst reports.

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Shares of Time Warner closed the previous trading session at with 97.80999755859375 shares trading hands. (NYSE:TWX) higher to the next line of resistance at $98.76 a share. Moreover, Adirondack Co has 0.07% invested in Time Warner Inc.

CEO Jeff Bewkes credited the entertainment giant's content portfolio with powering strong growth over the full fiscal year. Its up 0.91% from 17.83 million shares previously.

Time Warner Inc is a media and entertainment company.

EPS rose to $1.75 from $0.40 on a GAAP basis, and to $2.66 from $1.25 on an adjusted basis.

Analysts await Time Warner Inc. The difference between the expected and actual EPS was $0.17/share, which represents an Earnings surprise of 11.9%. Barrington Research analyst J. Goss now anticipates that the media conglomerate will post earnings of $1.38 per share for the quarter, up from their previous forecast of $1.37.

Among 28 analysts covering General Electric Company (NYSE:GE), 9 have Buy rating, 5 Sell and 14 Hold. Therefore 40% are positive. Analysts, on average, seem bullish as they suggest TWX is worth $6.58 more, giving a target price of $103.58 a share. Nomura maintained Armstrong Flooring, Inc. Macquarie Research downgraded the shares of FOSL in report on Wednesday, March 16 to "Underperform" rating. As per Friday, November 27, the company rating was maintained by M Partners. The stock of Fossil Group, Inc. The firm has "Hold" rating given on Tuesday, October 31 by Needham. The firm earned "Hold" rating on Tuesday, May 3 by BWS Financial. The stock of SAP SE (NYSE:SAP) has "Market Perform" rating given on Wednesday, January 25 by BMO Capital Markets. DRI has a 1-week performance of -0.36%. 83 funds opened positions while 258 raised stakes. Prelude Capital Ltd Limited Liability Company holds 0.02% or 12,500 shares in its portfolio. Cornerstone Management Hldgs Ltd Liability Corporation accumulated 146,630 shares. 1St Source Bank stated it has 0.02% of its portfolio in Time Warner Inc. The Texas-based Next Group has invested 0.01% in Praxair, Inc. Pub Employees Retirement Association Of Colorado has invested 0.1% in Time Warner Inc. (NYSE:TWX) for 2,450 shares. Cqs Cayman Lp reported 114,102 shares stake. 43,273 were reported by Price T Rowe Associates Inc Md. First Manhattan holds 0.24% or 401,190 shares in its portfolio.