Aew Capital Management LP Cut Its Alexander & Baldwin (ALEX) Position; Time Warner (TWX)’s Sentiment Is 0.85

December 3, 2017 - By Michael Collier

Time Warner Inc. operates as a media and entertainment firm in the United States and internationally. The company has market cap of $71.09 billion. It operates through three divisions: Turner, Home Box Office, and Warner Bros. It has a 16.94 P/E ratio. The Turner segment creates and programs branded news, entertainment, sports, and kids multi-platform content for consumers.

Aew Capital Management LP decreased Alexander & Baldwin Inc (ALEX) stake by 22.73% reported in 2017Q2 SEC filing. Aew Capital Management LP sold 139,600 shares as Alexander & Baldwin Inc (ALEX)’s stock declined 8.31%. The Aew Capital Management LP holds 474,698 shares with $19.64M value, down from 614,298 last quarter. Alexander & Baldwin Inc now has $1.43B valuation. The stock increased 0.21% or $0.06 during the last trading session, reaching $29.12. About 293,237 shares traded or 13.60% up from the average. Alexander & Baldwin, Inc. (NYSE:ALEX) has risen 19.58% since December 3, 2016 and is uptrending. It has outperformed by 2.88% the S&P500.

Meru Capital Group Lp holds 23.17% of its portfolio in Time Warner Inc. for 70,000 shares. Beach Point Capital Management Lp owns 882,227 shares or 21.59% of their US portfolio. Moreover, Empyrean Capital Partners Lp has 18.2% invested in the company for 4.26 million shares. The Switzerland-based Argentiere Capital Ag has invested 14.47% in the stock. Pacific Alternative Asset Management Company Llc, a California-based fund reported 548,600 shares.

Since January 1, 0001, it had 1 buy, and 0 selling transactions for $25,416 activity.

Analysts await Time Warner Inc. (NYSE:TWX) to report earnings on February, 14. They expect $1.46 earnings per share, up 16.80% or $0.21 from last year’s $1.25 per share. TWX’s profit will be $1.14B for 15.63 P/E if the $1.46 EPS becomes a reality. After $1.82 actual earnings per share reported by Time Warner Inc. for the previous quarter, Wall Street now forecasts -19.78% negative EPS growth.

The stock decreased 0.23% or $0.21 during the last trading session, reaching $91.3. About 4.29M shares traded. Time Warner Inc. (TWX) has risen 36.37% since December 3, 2016 and is uptrending. It has outperformed by 19.67% the S&P500.

Among 3 analysts covering Alexander & Baldwin (NYSE:ALEX), 1 have Buy rating, 1 Sell and 1 Hold. Therefore 33% are positive. Alexander & Baldwin had 4 analyst reports since September 2, 2015 according to SRatingsIntel. The rating was downgraded by JMP Securities to “Market Perform” on Friday, August 26. The firm has “Outperform” rating given on Friday, March 31 by Evercore. Zacks downgraded Alexander & Baldwin, Inc. (NYSE:ALEX) on Wednesday, September 2 to “Sell” rating.