Centurylink Investment Management Company Has Lifted Its Zynga (ZNGA) Stake; Time Warner Has 0.91 Sentiment

Time Warner Inc. (NYSE:TWX) Logo

Time Warner Inc (TWX) investors sentiment increased to 0.91 in Q4 2017. It’s up 0.15, from 0.76 in 2017Q3. The ratio increased, as 387 active investment managers opened new and increased positions, while 427 reduced and sold positions in Time Warner Inc. The active investment managers in our database now own: 598.25 million shares, up from 586.69 million shares in 2017Q3. Also, the number of active investment managers holding Time Warner Inc in top ten positions increased from 77 to 86 for an increase of 9. Sold All: 64 Reduced: 363 Increased: 265 New Position: 122.

Centurylink Investment Management Company increased Zynga Inc (ZNGA) stake by 47.23% reported in 2017Q4 SEC filing. Centurylink Investment Management Company acquired 114,302 shares as Zynga Inc (ZNGA)’s stock declined 7.50%. The Centurylink Investment Management Company holds 356,302 shares with $1.43M value, up from 242,000 last quarter. Zynga Inc now has $2.99 billion valuation. The stock decreased 0.86% or $0.03 during the last trading session, reaching $3.45. About 8.34 million shares traded. Zynga Inc. (NASDAQ:ZNGA) has risen 31.67% since May 1, 2017 and is uptrending. It has outperformed by 20.12% the S&P500.

Time Warner Inc. operates as a media and entertainment firm in the United States and internationally. The company has market cap of $74.16 billion. It operates through three divisions: Turner, Home Box Office, and Warner Bros. It has a 14.29 P/E ratio. The Turner segment creates and programs branded news, entertainment, sports, and kids multi-platform content for consumers.

Since January 1, 0001, it had 0 buys, and 3 insider sales for $2.88 million activity.

Quinn Opportunity Partners Llc holds 18.72% of its portfolio in Time Warner Inc. for 1.24 million shares. Argentiere Capital Ag owns 330,000 shares or 18.6% of their US portfolio. Moreover, Kellner Capital Llc has 16.77% invested in the company for 231,400 shares. The Gibraltar-based Burren Capital Advisors Ltd has invested 16.11% in the stock. Axon Capital Lp, a New York-based fund reported 144,200 shares.

The stock increased 0.21% or $0.2 during the last trading session, reaching $94.8. About 8.30M shares traded or 51.45% up from the average. Time Warner Inc. (TWX) has declined 3.25% since May 1, 2017 and is downtrending. It has underperformed by 14.80% the S&P500.

Among 17 analysts covering Zynga (NASDAQ:ZNGA), 9 have Buy rating, 1 Sell and 7 Hold. Therefore 53% are positive. Zynga had 43 analyst reports since August 7, 2015 according to SRatingsIntel. The firm earned “Hold” rating on Tuesday, September 5 by Canaccord Genuity. Credit Suisse maintained Zynga Inc. (NASDAQ:ZNGA) rating on Friday, August 7. Credit Suisse has “Underperform” rating and $2.94 target. As per Thursday, February 8, the company rating was maintained by Credit Suisse. The rating was initiated by Mizuho with “Buy” on Friday, December 23. Jefferies maintained the shares of ZNGA in report on Thursday, August 3 with “Buy” rating. The stock of Zynga Inc. (NASDAQ:ZNGA) earned “Equal Weight” rating by Pacific Crest on Monday, August 10. The rating was initiated by Oppenheimer with “Perform” on Thursday, November 12. As per Sunday, November 5, the company rating was maintained by Canaccord Genuity. The stock of Zynga Inc. (NASDAQ:ZNGA) has “Buy” rating given on Tuesday, July 18 by Piper Jaffray. Piper Jaffray maintained Zynga Inc. (NASDAQ:ZNGA) rating on Thursday, August 3. Piper Jaffray has “Buy” rating and $4.2500 target.

Centurylink Investment Management Company decreased At&T Inc (NYSE:T) stake by 8,778 shares to 53,482 valued at $2.08 million in 2017Q4. It also reduced Amgen Inc (NASDAQ:AMGN) stake by 2,081 shares and now owns 14,864 shares. Merck & Co Inc New (NYSE:MRK) was reduced too.

Zynga Inc. (NASDAQ:ZNGA) Institutional Positions Chart