Mizuho Securities USA LLC Continues to Hold Position in Time Warner Inc. (NYSE:TWX)

Mizuho Securities USA LLC maintained its stake in Time Warner Inc. (NYSE:TWX) during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 5,000 shares of the media conglomerate’s stock at the end of the second quarter. Mizuho Securities USA LLC’s holdings in Time Warner were worth $502,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of TWX. Carroll Financial Associates Inc. raised its stake in Time Warner by 2.7% in the first quarter. Carroll Financial Associates Inc. now owns 1,249 shares of the media conglomerate’s stock valued at $122,000 after buying an additional 33 shares in the last quarter. National Pension Service raised its stake in Time Warner by 2.1% in the first quarter. National Pension Service now owns 571,120 shares of the media conglomerate’s stock valued at $55,993,000 after buying an additional 11,935 shares in the last quarter. Quadrant Capital Group LLC raised its stake in Time Warner by 3.0% in the first quarter. Quadrant Capital Group LLC now owns 5,333 shares of the media conglomerate’s stock valued at $509,000 after buying an additional 154 shares in the last quarter. Koshinski Asset Management Inc. raised its stake in Time Warner by 92.1% in the first quarter. Koshinski Asset Management Inc. now owns 21,175 shares of the media conglomerate’s stock valued at $2,069,000 after buying an additional 10,152 shares in the last quarter. Finally, Gulf International Bank UK Ltd raised its stake in Time Warner by 1.2% in the first quarter. Gulf International Bank UK Ltd now owns 242,577 shares of the media conglomerate’s stock valued at $23,702,000 after buying an additional 2,950 shares in the last quarter. Institutional investors and hedge funds own 80.02% of the company’s stock.

Time Warner Inc. (NYSE TWX) traded down 0.04% during trading on Friday, reaching $101.90. 2,326,218 shares of the company’s stock were exchanged. Time Warner Inc. has a 52 week low of $74.27 and a 52 week high of $103.34. The firm has a market capitalization of $79.26 billion, a price-to-earnings ratio of 18.91 and a beta of 1.05. The stock has a 50-day moving average price of $100.86 and a 200 day moving average price of $98.86.

Time Warner (NYSE:TWX) last announced its earnings results on Wednesday, August 2nd. The media conglomerate reported $1.33 earnings per share for the quarter, beating the consensus estimate of $1.19 by $0.14. Time Warner had a net margin of 14.10% and a return on equity of 19.14%. The firm had revenue of $7.33 billion during the quarter, compared to the consensus estimate of $7.29 billion. During the same quarter in the previous year, the company posted $1.29 EPS. The firm’s revenue for the quarter was up 5.4% on a year-over-year basis. Equities research analysts forecast that Time Warner Inc. will post $6.09 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Tuesday, August 1st. Investors of record on Monday, July 10th were paid a $0.4025 dividend. This represents a $1.61 annualized dividend and a yield of 1.58%. The ex-dividend date of this dividend was Thursday, July 6th. Time Warner’s payout ratio is 29.98%.

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TWX has been the topic of a number of analyst reports. Jefferies Group LLC reaffirmed a “hold” rating and issued a $105.00 price objective (up previously from $102.42) on shares of Time Warner in a research report on Sunday, July 30th. Cowen and Company reaffirmed a “hold” rating and issued a $107.50 price objective on shares of Time Warner in a research report on Thursday, August 3rd. Evercore ISI downgraded 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. Zacks Investment Research downgraded shares of Time Warner from a “buy” rating to a “hold” rating in a research report on Monday, August 7th. Finally, BidaskClub raised shares of Time Warner from a “hold” rating to a “buy” rating in a research report on Tuesday, August 1st. One analyst has rated the stock with a sell rating, twenty-five have given a hold rating, eight have given a buy rating and one has given a strong buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of $102.25.

In other Time Warner news, CFO Howard M. Averill purchased 255 shares of the stock in a transaction on Thursday, June 15th. The stock was bought at an average price of $99.67 per share, for a total transaction of $25,415.85. Following the acquisition, the chief financial officer now directly owns 63,399 shares of the company’s stock, valued at $6,318,978.33. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Insiders own 0.16% of the company’s stock.

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.

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

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