Tsp Capital Management Group Cut Time Warner (TWX) Position By $508,266; Synovus Financial Has Raised Merck & Co (MRK) Position

March 21, 2018 - By Peter Erickson

Tsp Capital Management Group Llc decreased Time Warner Inc (TWX) stake by 22.23% reported in 2017Q3 SEC filing. Tsp Capital Management Group Llc sold 4,983 shares as Time Warner Inc (TWX)’s stock rose 1.19%. The Tsp Capital Management Group Llc holds 17,432 shares with $1.79M value, down from 22,415 last quarter. Time Warner Inc now has $74.34 billion valuation. The stock increased 0.15% or $0.145 during the last trading session, reaching $95.325. About 3.32 million shares traded. Time Warner Inc. (NYSE:TWX) has risen 36.37% since March 21, 2017 and is uptrending. It has outperformed by 19.67% the S&P500.

Synovus Financial Corp increased Merck & Co Inc (MRK) stake by 2.03% reported in 2017Q3 SEC filing. Synovus Financial Corp acquired 8,462 shares as Merck & Co Inc (MRK)’s stock declined 2.46%. The Synovus Financial Corp holds 424,385 shares with $27.16M value, up from 415,923 last quarter. Merck & Co Inc now has $148.05B valuation. The stock increased 0.49% or $0.27 during the last trading session, reaching $54.91. About 6.88 million shares traded. Merck & Co., Inc. (NYSE:MRK) has risen 16.86% since March 21, 2017 and is uptrending. It has outperformed by 0.16% the S&P500.

Among 40 analysts covering Time Warner Inc. (NYSE:TWX), 18 have Buy rating, 0 Sell and 22 Hold. Therefore 45% are positive. Time Warner Inc. had 123 analyst reports since August 6, 2015 according to SRatingsIntel. Barrington Research maintained it with “Outperform” rating and $86 target in Friday, November 6 report. Cowen & Co maintained Time Warner Inc. (NYSE:TWX) rating on Tuesday, October 10. Cowen & Co has “Hold” rating and $107.5 target. The firm has “Hold” rating by Jefferies given on Thursday, August 3. As per Monday, August 7, the company rating was downgraded by Evercore. The company was maintained on Thursday, November 5 by Wunderlich. The stock has “Outperform” rating by Macquarie Research on Friday, September 11. The company was downgraded on Monday, May 2 by Pacific Crest. The stock of Time Warner Inc. (NYSE:TWX) earned “Hold” rating by KeyBanc Capital Markets on Friday, August 25. Drexel Hamilton initiated Time Warner Inc. (NYSE:TWX) on Thursday, January 14 with “Buy” rating. Loop Capital maintained the shares of TWX in report on Friday, November 17 with “Hold” rating.

Investors sentiment increased to 0.91 in Q3 2017. Its up 0.15, from 0.76 in 2017Q2. It improved, as 66 investors sold TWX shares while 374 reduced holdings. 69 funds opened positions while 264 raised stakes. 586.69 million shares or 2.23% less from 600.08 million shares in 2017Q2 were reported. Mai Capital Mngmt holds 0.63% or 101,233 shares in its portfolio. 31,020 were accumulated by Css Limited Liability Company Il. Gru One Trading LP accumulated 51,385 shares or 0.05% of the stock. Gateway Invest Advisers Ltd Liability holds 418,124 shares. Perigon Wealth Limited Liability holds 0.08% or 2,356 shares. Cornerstone Advsrs invested 0.11% of its portfolio in Time Warner Inc. (NYSE:TWX). Shell Asset Mngmt has 162,588 shares. 17,595 are owned by Ameritas Investment. Samlyn Ltd Llc holds 2.72M shares or 7.04% of its portfolio. 2,122 were accumulated by Bryn Mawr Trust. Leucadia National accumulated 665,767 shares or 5.7% of the stock. Sit Inv Assoc Inc, Minnesota-based fund reported 35,130 shares. Beach Point Cap Mngmt Limited Partnership reported 673,901 shares. Suntrust Banks Inc reported 27,452 shares. Whittier accumulated 49,180 shares or 0.18% of the stock.

Analysts await Time Warner Inc. (NYSE:TWX) to report earnings on May, 2. They expect $1.76 earnings per share, up 6.02% or $0.10 from last year’s $1.66 per share. TWX’s profit will be $1.37 billion for 13.54 P/E if the $1.76 EPS becomes a reality. After $1.60 actual earnings per share reported by Time Warner Inc. for the previous quarter, Wall Street now forecasts 10.00% EPS growth.

Since December 14, 2017, it had 0 insider purchases, and 3 selling transactions for $2.88 million activity. 23,450 shares valued at $2.11 million were sold by OLAFSSON OLAF on Thursday, December 14. $376,219 worth of stock was sold by WRIGHT DEBORAH C on Monday, February 12. $390,647 worth of Time Warner Inc. (NYSE:TWX) was sold by BARR WILLIAM P on Monday, February 5.

Among 24 analysts covering Merck & Co. Inc. (NYSE:MRK), 18 have Buy rating, 0 Sell and 6 Hold. Therefore 75% are positive. Merck & Co. Inc. had 81 analyst reports since August 13, 2015 according to SRatingsIntel. The company was maintained on Thursday, October 26 by Piper Jaffray. The rating was downgraded by Morgan Stanley on Monday, October 30 to “Equal-Weight”. The stock has “Buy” rating by Bank of America on Thursday, October 13. BMO Capital Markets upgraded Merck & Co., Inc. (NYSE:MRK) on Thursday, August 13 to “Outperform” rating. BMO Capital Markets maintained the stock with “Buy” rating in Monday, June 12 report. Credit Suisse maintained Merck & Co., Inc. (NYSE:MRK) on Monday, February 5 with “Outperform” rating. The firm has “Buy” rating by Societe Generale given on Wednesday, April 6. As per Friday, September 9, the company rating was maintained by Barclays Capital. The stock of Merck & Co., Inc. (NYSE:MRK) has “Hold” rating given on Thursday, July 14 by Jefferies. On Friday, October 20 the stock rating was maintained by Jefferies with “Sell”.

Synovus Financial Corp decreased Ishares Tr (IWP) stake by 10,862 shares to 575,281 valued at $65.12M in 2017Q3. It also reduced Nike Inc (NYSE:NKE) stake by 16,812 shares and now owns 173,548 shares. Select Sector Spdr Tr (XLK) was reduced too.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter:

Recent Posts