Twin Tree Management LP Trimmed Its Carmax (KMX) Stake; Css Lifted Its Time Warner (TWX) Stake

May 24, 2018 - By Louis Casey

Time Warner Inc. (NYSE:TWX) Logo

Twin Tree Management Lp decreased Carmax Inc (KMX) stake by 99.93% reported in 2017Q4 SEC filing. Twin Tree Management Lp sold 176,073 shares as Carmax Inc (KMX)’s stock declined 8.40%. The Twin Tree Management Lp holds 127 shares with $8,000 value, down from 176,200 last quarter. Carmax Inc now has $11.88B valuation. The stock increased 1.06% or $0.7 during the last trading session, reaching $66.72. About 1.02M shares traded. CarMax, Inc. (NYSE:KMX) has risen 1.49% since May 24, 2017 and is uptrending. It has underperformed by 10.06% the S&P500.

Css Llc increased Time Warner Inc (TWX) stake by 4768% reported in 2017Q4 SEC filing. Css Llc acquired 71,520 shares as Time Warner Inc (TWX)’s stock rose 1.97%. The Css Llc holds 73,020 shares with $6.68M value, up from 1,500 last quarter. Time Warner Inc now has $73.48B valuation. The stock decreased 0.07% or $0.07 during the last trading session, reaching $93.93. About 2.25M shares traded. Time Warner Inc. (NYSE:TWX) has declined 3.25% since May 24, 2017 and is downtrending. It has underperformed by 14.80% the S&P500.

Investors sentiment increased to 0.91 in Q4 2017. Its up 0.15, from 0.76 in 2017Q3. It improved, as 64 investors sold TWX shares while 363 reduced holdings. 122 funds opened positions while 265 raised stakes. 598.25 million shares or 1.97% more from 586.69 million shares in 2017Q3 were reported. Rmsincerbeaux Limited Com invested 0.25% in Time Warner Inc. (NYSE:TWX). Jpmorgan Chase & Commerce owns 5.20 million shares for 0.1% of their portfolio. Tig accumulated 1.69 million shares. Klingenstein Fields & Limited Com reported 352,589 shares or 1.19% of all its holdings. Fmr Lc accumulated 10.46 million shares or 0.11% of the stock. 310 are owned by Lenox Wealth Management Incorporated. Mufg Americas Hldg Corporation invested in 26,744 shares. Sageworth Tru reported 3 shares. Deroy And Devereaux Private Inv Counsel Incorporated invested in 1.25% or 129,825 shares. Acadian Asset Mgmt Ltd Com has 8,338 shares for 0% of their portfolio. Leucadia National holds 4.98% in Time Warner Inc. (NYSE:TWX) or 709,538 shares. Deutsche Natl Bank Ag reported 5.13M shares or 0.3% of all its holdings. State Treasurer State Of Michigan holds 0.3% or 415,027 shares. Wealthtrust owns 101 shares. Webster Retail Bank N A reported 0.01% in Time Warner Inc. (NYSE:TWX).

Css Llc decreased Wintrust Finl Corp (NASDAQ:WTFC) stake by 16,400 shares to 37,984 valued at $3.13 million in 2017Q4. It also reduced Deutsche Bank Ag (NYSE:DB) stake by 17,200 shares and now owns 12,900 shares. Molina Healthcare Inc (Prn) was reduced too.

More notable recent Time Warner Inc. (NYSE:TWX) news were published by: Bizjournals.com which released: “Small, independent network wants to weigh in on AT&T, Time Warner case” on May 23, 2018, also Seekingalpha.com with their article: “AT&T opposes divestitures in TWX deal” published on May 04, 2018, Seekingalpha.com published: “Nielsen says young viewers watching more linear TV outside home” on May 24, 2018. More interesting news about Time Warner Inc. (NYSE:TWX) were released by: Seekingalpha.com and their article: “Fox activist urges Murdoch to engage with Comcast on asset deal” published on May 23, 2018 as well as Benzinga.com‘s news article titled: “This Day In Market History: AOL Is Founded” with publication date: May 24, 2018.

Among 41 analysts covering Time Warner Inc. (NYSE:TWX), 18 have Buy rating, 0 Sell and 23 Hold. Therefore 44% are positive. Time Warner Inc. had 126 analyst reports since August 6, 2015 according to SRatingsIntel. The stock of Time Warner Inc. (NYSE:TWX) has “Market Perform” rating given on Monday, August 24 by Cowen & Co. Barclays Capital maintained the stock with “Overweight” rating in Friday, February 2 report. RBC Capital Markets maintained it with “Hold” rating and $10800 target in Monday, June 12 report. The stock has “Buy” rating by Jefferies on Monday, June 26. The firm has “Buy” rating by Pivotal Research given on Tuesday, October 20. The firm earned “Hold” rating on Tuesday, November 21 by Wells Fargo. Topeka Capital Markets maintained the shares of TWX in report on Thursday, October 8 with “Buy” rating. The stock of Time Warner Inc. (NYSE:TWX) earned “Buy” rating by UBS on Monday, March 12. The stock of Time Warner Inc. (NYSE:TWX) has “Hold” rating given on Thursday, February 9 by Drexel Hamilton. The stock of Time Warner Inc. (NYSE:TWX) has “Outperform” rating given on Monday, November 7 by Credit Suisse.

Since December 14, 2017, it had 0 buys, and 3 insider sales for $2.88 million activity. The insider OLAFSSON OLAF sold 23,450 shares worth $2.11M. Shares for $390,647 were sold by BARR WILLIAM P. The insider WRIGHT DEBORAH C sold $376,219.

Investors sentiment increased to 1.04 in 2017 Q4. Its up 0.14, from 0.9 in 2017Q3. It increased, as 39 investors sold KMX shares while 152 reduced holdings. 64 funds opened positions while 134 raised stakes. 174.62 million shares or 7.20% less from 188.17 million shares in 2017Q3 were reported. Chicago Equity Partners Lc owns 0.01% invested in CarMax, Inc. (NYSE:KMX) for 3,480 shares. Nomura holds 11,660 shares. Cornerstone Cap Management Holdg Limited Liability Company invested in 34,280 shares. Cwm Limited reported 394 shares stake. Ameritas Investment Prtn holds 0.01% or 4,044 shares. Employees Retirement Systems Of Texas has 11,000 shares. Ameriprise Financial holds 0% or 80,118 shares in its portfolio. Fenimore Asset Mgmt reported 895,867 shares. State Of Tennessee Treasury Department invested in 47,169 shares or 0.01% of the stock. Livforsakringsbolaget Skandia Omsesidigt has invested 0.02% in CarMax, Inc. (NYSE:KMX). New York-based Bluemountain Cap Mgmt Ltd Company has invested 0.01% in CarMax, Inc. (NYSE:KMX). Vnbtrust Natl Association reported 27,745 shares stake. New Mexico Educational Retirement Board has invested 0.04% in CarMax, Inc. (NYSE:KMX). Morgan Stanley holds 0.02% or 887,007 shares. Bb&T Secs Llc reported 126,494 shares stake.

Since December 15, 2017, it had 2 insider buys, and 10 insider sales for $11.48 million activity. On Thursday, February 1 FOLLIARD THOMAS J sold $565,120 worth of CarMax, Inc. (NYSE:KMX) or 8,000 shares. $1.28M worth of CarMax, Inc. (NYSE:KMX) shares were sold by MARGOLIN ERIC M. On Wednesday, April 11 the insider GOODMAN SHIRA sold $217,767. Another trade for 6,584 shares valued at $478,064 was made by Newberry Darren C on Tuesday, January 16. 5,000 shares were bought by Bensen Peter J, worth $310,600 on Friday, April 6. GRAFTON W ROBERT bought 35 shares worth $2,280. Wood William C Jr. had sold 49,714 shares worth $3.13 million on Tuesday, April 17.

Twin Tree Management Lp increased Spdr Gold Trust (Put) (GLD) stake by 5.78 million shares to 5.93 million valued at $732.95 million in 2017Q4. It also upped Chemours Co (Put) stake by 310,400 shares and now owns 470,700 shares. Square Inc was raised too.

Analysts await CarMax, Inc. (NYSE:KMX) to report earnings on June, 20. They expect $1.22 EPS, up 7.96% or $0.09 from last year’s $1.13 per share. KMX’s profit will be $217.25 million for 13.67 P/E if the $1.22 EPS becomes a reality. After $0.77 actual EPS reported by CarMax, Inc. for the previous quarter, Wall Street now forecasts 58.44% EPS growth.

Another recent and important CarMax, Inc. (NYSE:KMX) news was published by Fool.com which published an article titled: “These Companies Gave Bonuses or Raises After Tax Reform” on May 24, 2018.

CarMax, Inc. (NYSE:KMX) Institutional Positions Chart

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