Time Warner (TWX) Market Valuation Rose While Claar Advisors Trimmed by $10.20 Million Its Position; As Icahn Enterprises LP (IEP) Share Value Declined, Icahn Carl C Lifted by $227.32 Million Its Position

January 22, 2018 - By Nellie Frank

Gary Claar decreased its stake in Time Warner Inc (TWX) by 48.42% based on its latest 2017Q3 regulatory filing with the SEC. Claar Advisors Llc sold 100,000 shares as the company’s stock rose 1.19% with the market. The hedge fund run by Gary Claar held 106,529 shares of the television services company at the end of 2017Q3, valued at $10.91 million, down from 206,529 at the end of the previous reported quarter. Claar Advisors Llc who had been investing in Time Warner Inc for a number of months, seems to be less bullish one the $72.93B market cap company. The stock increased 0.33% or $0.3034 during the last trading session, reaching $93.6634. About 1.47 million shares traded. Time Warner Inc. (NYSE:TWX) has risen 36.37% since January 22, 2017 and is uptrending. It has outperformed by 19.67% the S&P500.

Carl Icahn increased its stake in Icahn Enterprises Lp (IEP) by 2.82% based on its latest 2017Q3 regulatory filing with the SEC. Icahn Carl C bought 4.21 million shares as the company’s stock declined 12.27% while stock markets rallied. The hedge fund run by Carl Icahn held 153.49M shares of the integrated oil company at the end of 2017Q3, valued at $8.42B, up from 149.28M at the end of the previous reported quarter. Icahn Carl C who had been investing in Icahn Enterprises Lp for a number of months, seems to be bullish on the $9.61B market cap company. The stock increased 0.46% or $0.26 during the last trading session, reaching $56.82. About 37,872 shares traded. Icahn Enterprises L.P. (NASDAQ:IEP) has declined 7.69% since January 22, 2017 and is downtrending. It has underperformed by 24.39% the S&P500.

Analysts await Time Warner Inc. (NYSE:TWX) to report earnings on February, 14. They expect $1.46 EPS, up 16.80% or $0.21 from last year’s $1.25 per share. TWX’s profit will be $1.14 billion for 16.04 P/E if the $1.46 EPS becomes a reality. After $1.82 actual EPS reported by Time Warner Inc. for the previous quarter, Wall Street now forecasts -19.78% negative EPS growth.

Claar Advisors Llc, which manages about $367.72 million and $383.09M US Long portfolio, upped its stake in Citizens Finl Group Inc (NYSE:CFG) by 292,838 shares to 343,730 shares, valued at $13.02 million in 2017Q3, according to the filing. It also increased its holding in Dxc Technology Co by 40,000 shares in the quarter, for a total of 80,000 shares, and has risen its stake in Macquarie Infrastructure Cor (NYSE:MIC).

Among 40 analysts covering Time Warner Inc. (NYSE:TWX), 15 have Buy rating, 0 Sell and 25 Hold. Therefore 38% are positive. Time Warner Inc. had 116 analyst reports since August 6, 2015 according to SRatingsIntel. The stock has “Hold” rating by BMO Capital Markets on Monday, October 16. The company was maintained on Friday, August 25 by KeyBanc Capital Markets. Brean Capital downgraded the stock to “Hold” rating in Friday, December 23 report. Bernstein downgraded the shares of TWX in report on Thursday, August 20 to “Market Perform” rating. The stock has “Outperform” rating by Credit Agricole on Thursday, November 5. Atlantic Securities downgraded the shares of TWX in report on Monday, October 24 to “Neutral” rating. BMO Capital Markets maintained Time Warner Inc. (NYSE:TWX) rating on Thursday, July 13. BMO Capital Markets has “Hold” rating and $10800 target. Macquarie Research maintained Time Warner Inc. (NYSE:TWX) on Friday, September 11 with “Outperform” rating. The rating was maintained by RBC Capital Markets on Friday, September 15 with “Hold”. CLSA downgraded Time Warner Inc. (NYSE:TWX) on Thursday, November 5 to “Buy” rating.

Since December 14, 2017, it had 0 insider purchases, and 1 sale for $2.11 million activity.

Investors sentiment decreased to 0.76 in 2017 Q3. Its down 0.09, from 0.85 in 2017Q2. It dived, 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. Prudential Fincl Inc owns 1.09 million shares. Moreover, Manufacturers Life Insur The has 0.08% invested in Time Warner Inc. (NYSE:TWX) for 691,976 shares. Cap Ww Invsts holds 57,067 shares or 0% of its portfolio. Sense Advsrs owns 12,434 shares. First Quadrant Lp Ca owns 37,466 shares. Investec Asset Limited reported 0.08% stake. Capital One National Association stated it has 8,573 shares or 0.06% of all its holdings. Dekabank Deutsche Girozentrale reported 0.76% stake. Ingalls And Snyder Ltd Company invested in 0.52% or 97,632 shares. Robeco Institutional Asset Management Bv holds 0.04% or 61,006 shares in its portfolio. Verity Asset Management Inc holds 0.16% or 2,103 shares in its portfolio. Winslow Mgmt Ltd Liability Corp reported 35 shares stake. Gam Ag accumulated 51,805 shares. Brandywine Glob Inv Mgmt Limited Liability accumulated 0.7% or 1.07M shares. 10,804 were reported by Comm Savings Bank.

Among 2 analysts covering Icahn Enterprises LP (NASDAQ:IEP), 1 have Buy rating, 1 Sell and 0 Hold. Therefore 50% are positive. Icahn Enterprises LP had 4 analyst reports since July 22, 2015 according to SRatingsIntel. The stock of Icahn Enterprises L.P. (NASDAQ:IEP) has “Sell” rating given on Wednesday, November 8 by UBS. UBS downgraded it to “Sell” rating and $30 target in Thursday, August 18 report. Jefferies maintained it with “Buy” rating and $61.0 target in Friday, November 3 report.

Investors sentiment decreased to 0.88 in 2017 Q3. Its down 0.79, from 1.67 in 2017Q2. It worsened, as 12 investors sold IEP shares while 21 reduced holdings. 7 funds opened positions while 22 raised stakes. 164.45 million shares or 3.31% more from 159.18 million shares in 2017Q2 were reported. Brown Brothers Harriman & owns 63 shares. Moors Cabot holds 8,198 shares or 0.06% of its portfolio. Arete Wealth Advsr Ltd Liability invested in 0.17% or 7,767 shares. Citigroup Inc invested in 0.32% or 7.17 million shares. Icahn Carl C has invested 39.62% in Icahn Enterprises L.P. (NASDAQ:IEP). Plante Moran Finance Advisors Limited Liability Co accumulated 109 shares. Lpl Ltd Liability owns 8,867 shares or 0% of their US portfolio. Farmers & Merchants Invs reported 159 shares. California Pub Employees Retirement Sys accumulated 10,164 shares or 0% of the stock. Global X Mngmt Ltd Liability, New York-based fund reported 2,549 shares. Cibc Asset Mngmt Inc accumulated 5,478 shares or 0% of the stock. Glenmede Tru Na accumulated 0% or 800 shares. Allen Limited Liability has 3,760 shares. Moreover, Peak6 Limited Partnership has 0% invested in Icahn Enterprises L.P. (NASDAQ:IEP) for 7,872 shares. Moreover, Us Bankshares De has 0% invested in Icahn Enterprises L.P. (NASDAQ:IEP).

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