Asset Management One Co. Ltd. Has $129.77 Million Holdings in Time Warner Inc (TWX)

Asset Management One Co. Ltd. grew its position in Time Warner Inc (NYSE:TWX) by 4.5% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,266,904 shares of the media conglomerate’s stock after purchasing an additional 54,074 shares during the quarter. Asset Management One Co. Ltd. owned approximately 0.16% of Time Warner worth $129,770,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in TWX. Piedmont Investment Advisors LLC lifted its position in Time Warner by 36.5% during the 1st quarter. Piedmont Investment Advisors LLC now owns 225,887 shares of the media conglomerate’s stock worth $22,071,000 after buying an additional 60,384 shares in the last quarter. Clearbridge Investments LLC increased its stake in shares of Time Warner by 0.4% in the 1st quarter. Clearbridge Investments LLC now owns 6,272,139 shares of the media conglomerate’s stock valued at $612,851,000 after acquiring an additional 27,620 shares during the last quarter. Park National Corp OH increased its stake in shares of Time Warner by 0.6% in the 2nd quarter. Park National Corp OH now owns 2,467 shares of the media conglomerate’s stock valued at $248,000 after acquiring an additional 14 shares during the last quarter. DnB Asset Management AS increased its stake in Time Warner by 1.3% during the 2nd quarter. DnB Asset Management AS now owns 136,689 shares of the media conglomerate’s stock worth $13,725,000 after purchasing an additional 1,800 shares in the last quarter. Finally, Stillwater Investment Management LLC increased its stake in Time Warner by 0.4% during the 2nd quarter. Stillwater Investment Management LLC now owns 2,388 shares of the media conglomerate’s stock worth $240,000 after purchasing an additional 9 shares in the last quarter. 78.11% of the stock is currently owned by institutional investors.

TWX has been the subject of a number of research reports. Royal Bank Of Canada reissued a “hold” rating and set a $108.00 target price on shares of Time Warner in a research note on Tuesday, August 15th. Jefferies Group reissued a “hold” rating and set a $105.00 target price on shares of Time Warner in a research note on Sunday, September 10th. Sanford C. Bernstein reaffirmed a “market perform” rating on shares of Time Warner in a research report on Tuesday, September 12th. BMO Capital Markets reaffirmed a “hold” rating and set a $108.00 price target on shares of Time Warner in a research report on Wednesday, September 13th. Finally, Credit Suisse Group downgraded Time Warner from an “outperform” rating to a “neutral” rating and set a $107.50 price target for the company. in a research report on Monday, September 18th. Twenty-three equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. Time Warner presently has an average rating of “Hold” and a consensus target price of $102.87.

Time Warner Inc (TWX) traded down $1.63 during midday trading on Wednesday, hitting $91.08. The stock had a trading volume of 4,543,400 shares, compared to its average volume of 4,754,594. The firm has a market cap of $70,550.00, a P/E ratio of 15.30, a PEG ratio of 1.46 and a beta of 0.95. The company has a current ratio of 1.48, a quick ratio of 1.26 and a debt-to-equity ratio of 0.80. Time Warner Inc has a 12 month low of $85.88 and a 12 month high of $103.90.

Time Warner (NYSE:TWX) last released its quarterly earnings data on Thursday, October 26th. The media conglomerate reported $1.82 EPS for the quarter, beating the consensus estimate of $1.59 by $0.23. The company had revenue of $7.60 billion during the quarter, compared to the consensus estimate of $7.40 billion. Time Warner had a return on equity of 18.57% and a net margin of 13.59%. The firm’s revenue for the quarter was up 6.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.83 EPS. equities analysts predict that Time Warner Inc will post 6.2 EPS for the current fiscal year.

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Time Warner 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.

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

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