Laurel Grove Capital Lowered By $310,000 Its Time Warner (TWX) Position; Duff & Phelps Utility & Corporat (DUC) Shorts Lowered By 34.4%

November 4, 2017 - By Marguerite Chambers

Laurel Grove Capital Llc decreased Time Warner Inc (TWX) stake by 7.84% reported in 2017Q2 SEC filing. Laurel Grove Capital Llc sold 3,100 shares as Time Warner Inc (TWX)’s stock rose 1.19%. The Laurel Grove Capital Llc holds 36,450 shares with $3.66M value, down from 39,550 last quarter. Time Warner Inc now has $72.63B valuation. The stock decreased 1.51% or $1.43 on November 3, reaching $93.28. About 14.77 million shares traded or 132.60% up from the average. Time Warner Inc (NYSE:TWX) has risen 36.37% since November 4, 2016 and is uptrending. It has outperformed by 19.67% the S&P500.

Duff & Phelps Utility & Corporat (NYSE:DUC) had a decrease of 34.4% in short interest. DUC’s SI was 8,200 shares in November as released by FINRA. Its down 34.4% from 12,500 shares previously. With 37,500 avg volume, 0 days are for Duff & Phelps Utility & Corporat (NYSE:DUC)’s short sellers to cover DUC’s short positions. The stock 0.01% or $0 on November 3, reaching $9.15. It is up 2.32% since November 4, 2016 and is downtrending. It has underperformed by 19.02% the S&P500.

Investors sentiment decreased to 1.07 in Q2 2017. Its down 0.71, from 1.78 in 2017Q1. It dropped, as 3 investors sold Duff & Phelps Utility & Corp Bond Trust shares while 11 reduced holdings. 6 funds opened positions while 9 raised stakes. 9.96 million shares or 2.22% more from 9.74 million shares in 2017Q1 were reported. North Star invested 0% in Duff & Phelps Utility & Corp Bond Trust (NYSE:DUC). Shaker Financial Ser Limited Liability owns 264,167 shares or 1.37% of their US portfolio. The Kansas-based Mariner Wealth Advisors Limited Co has invested 0.01% in Duff & Phelps Utility & Corp Bond Trust (NYSE:DUC). Bartlett Ltd Liability Co, a Ohio-based fund reported 2,750 shares. Wells Fargo And Mn, California-based fund reported 2.26M shares. 1.04M are held by 1607 Capital Ptnrs Llc. Seabridge Investment Advsr Ltd Liability Company owns 120 shares or 0% of their US portfolio. Webster State Bank N A holds 3,034 shares or 0% of its portfolio. Horizon Kinetics Lc has invested 0.01% of its portfolio in Duff & Phelps Utility & Corp Bond Trust (NYSE:DUC). Sit Investment Associates Inc accumulated 0.9% or 3.98M shares. Commonwealth Equity Svcs stated it has 18,903 shares. Menlo Advsrs Lc reported 25,065 shares or 0.17% of all its holdings. Invesco has invested 0% in Duff & Phelps Utility & Corp Bond Trust (NYSE:DUC). Wolverine Asset Mgmt Limited Liability owns 0% invested in Duff & Phelps Utility & Corp Bond Trust (NYSE:DUC) for 23,665 shares. Cetera Advisors Limited Liability Com holds 23,807 shares or 0.01% of its portfolio.

Duff & Phelps Utility and Corporate Bond Trust Inc. is a diversified, closed-end management investment company. The company has market cap of $251.55 million. The Fund’s investment objective is to seek high current income consistent with investing in securities of investment grade quality. It currently has negative earnings. The Fund seeks to achieve its investment objective by investing substantially all of its assets in a diversified portfolio of income securities.

Investors sentiment increased to 0.85 in 2017 Q2. Its up 0.10, from 0.75 in 2017Q1. It is positive, as 41 investors sold TWX shares while 376 reduced holdings. 73 funds opened positions while 283 raised stakes. 600.08 million shares or 1.15% less from 607.09 million shares in 2017Q1 were reported. Citigroup stated it has 1.71M shares or 0.16% of all its holdings. Sentinel Asset Mgmt Incorporated has 227,000 shares for 0.55% of their portfolio. 6,595 were accumulated by Cypress Cap. Highlander Cap Ltd Liability Corporation stated it has 0.12% in Time Warner Inc (NYSE:TWX). Ionic Mngmt Ltd has invested 0.36% in Time Warner Inc (NYSE:TWX). Ghp Advsr accumulated 28,387 shares. Telemus Cap Ltd Llc owns 0.07% invested in Time Warner Inc (NYSE:TWX) for 4,964 shares. Stifel Fin reported 0.14% of its portfolio in Time Warner Inc (NYSE:TWX). 35,676 were reported by First Republic Mngmt. Brahman Corporation holds 5.33% of its portfolio in Time Warner Inc (NYSE:TWX) for 1.60 million shares. Liberty Mutual Gp Asset Management Incorporated holds 0.2% in Time Warner Inc (NYSE:TWX) or 50,221 shares. Meiji Yasuda Asset owns 32,237 shares or 0.33% of their US portfolio. Mason Cap Management Limited Liability Company holds 713,378 shares or 4.69% of its portfolio. Moreover, Pointstate Limited Partnership has 1.24% invested in Time Warner Inc (NYSE:TWX) for 1.14 million shares. Hightower Limited Co has invested 0.23% in Time Warner Inc (NYSE:TWX).

Since June 15, 2017, it had 1 buying transaction, and 0 selling transactions for $25,416 activity. The insider Averill Howard M bought $25,416.