Time Warner (TWX) Given Average Rating of “Hold” by Analysts

Shares of Time Warner (NYSE:TWX) have been given an average recommendation of “Hold” by the twenty-six ratings firms that are covering the firm, Marketbeat Ratings reports. Sixteen analysts have rated the stock with a hold recommendation and ten have given a buy recommendation to the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is $104.03.

A number of brokerages recently weighed in on TWX. Moffett Nathanson raised shares of Time Warner from a “neutral” rating to a “buy” rating in a research note on Wednesday, January 31st. Barrington Research reissued a “buy” rating and set a $110.00 target price on shares of Time Warner in a research note on Wednesday, May 2nd. Barclays lifted their target price on shares of Time Warner from $100.00 to $101.00 and gave the stock an “overweight” rating in a research note on Friday, February 2nd. Zacks Investment Research downgraded shares of Time Warner from a “buy” rating to a “hold” rating in a research note on Tuesday, May 1st. Finally, Pivotal Research downgraded shares of Time Warner from a “buy” rating to a “hold” rating and lowered their target price for the stock from $108.00 to $105.00 in a research note on Tuesday, April 17th.

NYSE TWX traded up $1.57 during mid-day trading on Monday, reaching $94.45. 8,669,776 shares of the stock were exchanged, compared to its average volume of 5,300,870. Time Warner has a one year low of $85.88 and a one year high of $103.90. The company has a market capitalization of $72.66 billion, a PE ratio of 14.71, a P/E/G ratio of 1.73 and a beta of 0.87. The company has a quick ratio of 1.01, a current ratio of 1.17 and a debt-to-equity ratio of 0.62.



Time Warner (NYSE:TWX) last announced its earnings results on Thursday, April 26th. The media conglomerate reported $2.28 earnings per share for the quarter, topping analysts’ consensus estimates of $1.74 by $0.54. Time Warner had a net margin of 17.33% and a return on equity of 19.99%. The business had revenue of $8 billion during the quarter, compared to the consensus estimate of $7.93 billion. During the same quarter last year, the firm earned $1.66 earnings per share. Time Warner’s quarterly revenue was up 3.4% on a year-over-year basis. equities analysts expect that Time Warner will post 8.09 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, May 1st. Stockholders of record on Tuesday, April 10th were issued a dividend of $0.4025 per share. This is a boost from Time Warner’s previous quarterly dividend of $0.32. This represents a $1.61 dividend on an annualized basis and a dividend yield of 1.70%. The ex-dividend date was Monday, April 9th. Time Warner’s dividend payout ratio (DPR) is currently 25.08%.

Several hedge funds and other institutional investors have recently modified their holdings of TWX. Atria Investments LLC grew its holdings in shares of Time Warner by 102.4% during the fourth quarter. Atria Investments LLC now owns 25,089 shares of the media conglomerate’s stock valued at $2,295,000 after buying an additional 12,693 shares during the last quarter. Factory Mutual Insurance Co. acquired a new position in shares of Time Warner during the fourth quarter valued at about $22,420,000. E&G Advisors LP grew its holdings in shares of Time Warner by 40.8% during the fourth quarter. E&G Advisors LP now owns 10,350 shares of the media conglomerate’s stock valued at $947,000 after buying an additional 3,000 shares during the last quarter. National Pension Service grew its holdings in shares of Time Warner by 3.9% during the fourth quarter. National Pension Service now owns 679,121 shares of the media conglomerate’s stock valued at $62,119,000 after buying an additional 25,633 shares during the last quarter. Finally, Gateway Investment Advisers LLC grew its holdings in shares of Time Warner by 0.6% during the fourth quarter. Gateway Investment Advisers LLC now owns 420,710 shares of the media conglomerate’s stock valued at $38,482,000 after buying an additional 2,586 shares during the last quarter. Hedge funds and other institutional investors own 80.12% of the company’s stock.

About Time Warner

Time Warner Inc operates as a media and entertainment company in the United States and internationally. It operates through three segments: Turner, Home Box Office, and Warner Bros. The Turner segment creates and programs branded news, entertainment, sports, and kids multi-platform content for consumers.

Analyst Recommendations for Time Warner (NYSE:TWX)

Receive News & Ratings for Time Warner Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Time Warner and related companies with MarketBeat.com's FREE daily email newsletter.



Leave a Reply