Carlson Capital LP Holding in Nationstar Mtg Hldgs (NSM) Raised by $10.85 Million; Time Warner Com (TWX) Holder Estabrook Capital Management Has Boosted Its Stake

August 12, 2018 - By Palma Niemeyer

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Carlson Capital LP increased its stake in Nationstar Mtg Hldgs Inc (NSM) by 675.3% based on its latest 2018Q1 regulatory filing with the SEC. Carlson Capital LP bought 638,325 shares as the company’s stock rose 3.80% while stock markets declined. The hedge fund held 732,850 shares of the consumer services company at the end of 2018Q1, valued at $13.16 million, up from 94,525 at the end of the previous reported quarter. Carlson Capital LP who had been investing in Nationstar Mtg Hldgs Inc for a number of months, seems to be bullish on the $1.79 billion market cap company. The stock decreased 1.67% or $0.31 during the last trading session, reaching $18.26. About 2.30M shares traded or 962.41% up from the average. Nationstar Mortgage Holdings Inc. (NYSE:NSM) has risen 5.68% since August 12, 2017 and is uptrending. It has underperformed by 6.89% the S&P500. Some Historical NSM News: 15/03/2018 – Moody’s Assigns Definitive Ratings to lnactive HECM RMBS issued by Nationstar HECM Loan Trust 2018-1; 19/04/2018 – Nationstar Promotes Tony Ebers To Chief Operating Officer To Advance Customer Experience Strategy; 29/05/2018 – Rigrodsky & Long, P.A. Files Class Action Suit Against Nationstar Mortgage Holdings Inc; 19/04/2018 – NATIONSTAR PROMOTES TONY EBERS TO COO TO ADVANCE CUSTOMER; 15/03/2018 – Moody’s Assigns Definitive Ratings To Inactive Hecm Rmbs Issued By Nationstar Hecm Loan Trust 2018-1; 03/04/2018 – Mr. Cooper Leverages Technology and Design Thinking to Help Customers Keep the Dream of Homeownership Alive; 03/05/2018 – Nationstar Mortgage 1Q EPS $1.61; 23/05/2018 – FLUEID SOFTWARE CORP. NAMES ERIC D. SWENSON CHAIRMAN OF THE BOARD; 03/05/2018 – NATIONSTAR 1Q ADJ EPS 44C, EST. 43C; 09/05/2018 – Mr. Cooper Launches New Mobile App to Bring the Power of AI to Homeowners

Estabrook Capital Management increased its stake in Time Warner Inc Com (TWX) by 29.69% based on its latest 2018Q1 regulatory filing with the SEC. Estabrook Capital Management bought 3,547 shares as the company’s stock declined 1.16% with the market. The institutional investor held 15,494 shares of the television services company at the end of 2018Q1, valued at $1.47B, up from 11,947 at the end of the previous reported quarter. Estabrook Capital Management who had been investing in Time Warner Inc Com for a number of months, seems to be bullish on the $77.27B market cap company. It closed at $98.77 lastly. It is down 5.23% since August 12, 2017 and is downtrending. It has underperformed by 17.80% the S&P500. Some Historical TWX News: 26/04/2018 – Time Warner Continues to Expect Turner’s 2018 Subscription Rev to Increase in the Mid Single-digits; 12/04/2018 – AT&T economist argues Time Warner merger is good for consumers; 20/04/2018 – U.S. said to investigate AT&T, Verizon over wireless collusion claim; 22/03/2018 – A deal for Time Warner supports AT&T’s 2015 acquisition of DirecTV, which is already showing signs of decline; 26/04/2018 – Former FDA Commissioner Dr. Robert Califf to Keynote NewYorkBlO Annual Meeting Being Held May 16-17, 2018 at 10 on the Park at Time Warner Center; 20/03/2018 – AT&T-Time Warner Trial Tip-Off Postponed by Snow; 07/05/2018 – Sources tell CNBC the Justice Department is demanding that AT&T sell Turner Broadcasting, which includes CNN, or sell DirecTV, for approval of the $85 billion merger with Time Warner; 02/04/2018 – Time Warner pressure on cable carriers cited as U.S. fights AT&T deal; 15/03/2018 – Jessica Toonkel: AT&T/Time Warner U.S. merger trial delayed two days: source $T $TWX; 07/03/2018 – Aetna/CVS: Senate antitrust hearing on ice until AT&T trial decision – source familiar

Investors sentiment increased to 0.98 in 2018 Q1. Its up 0.07, from 0.91 in 2017Q4. It improved, as 68 investors sold TWX shares while 336 reduced holdings. 98 funds opened positions while 299 raised stakes. 589.17 million shares or 1.52% less from 598.25 million shares in 2017Q4 were reported. Retirement Of Alabama holds 0.35% or 743,849 shares. S&Co Inc stated it has 15,568 shares. Moreover, Liberty Mutual Gp Asset Incorporated has 0.09% invested in Time Warner Inc. (NYSE:TWX) for 32,266 shares. Hancock Hldgs owns 19,800 shares for 0.08% of their portfolio. Great Lakes Advisors Limited Liability Company owns 8,740 shares or 0.02% of their US portfolio. Kemnay Advisory Service Inc accumulated 76,662 shares. Cap Rech Glob reported 0.09% in Time Warner Inc. (NYSE:TWX). 4,014 were accumulated by Northside Capital Management Limited Liability Company. S Muoio Company Ltd Liability, a New York-based fund reported 54,668 shares. Pacific Global Invest Mgmt Communication stated it has 0.51% in Time Warner Inc. (NYSE:TWX). Bb&T Secs Ltd Liability Company accumulated 95,308 shares or 0.1% of the stock. Empyrean Partners LP reported 1.93 million shares. Mrj Incorporated invested in 1.48% or 28,500 shares. Alliancebernstein Limited Partnership has invested 0.2% in Time Warner Inc. (NYSE:TWX). Boston Ptnrs has invested 0.14% in Time Warner Inc. (NYSE:TWX).

Among 41 analysts covering Time Warner Inc. (NYSE:TWX), 15 have Buy rating, 0 Sell and 26 Hold. Therefore 37% are positive. Time Warner Inc. had 129 analyst reports since August 6, 2015 according to SRatingsIntel. The rating was maintained by Barrington Research with “Outperform” on Friday, November 6. The firm has “Neutral” rating given on Wednesday, June 13 by Moffett Nathanson. The rating was maintained by KeyBanc Capital Markets on Friday, August 25 with “Hold”. The firm has “Hold” rating by BMO Capital Markets given on Wednesday, November 22. The firm has “Hold” rating given on Monday, October 16 by FBR Capital. On Tuesday, August 11 the stock rating was downgraded by Vetr to “Strong-Buy”. The rating was maintained by Cowen & Co with “Hold” on Friday, October 27. On Monday, August 24 the stock rating was maintained by Cowen & Co with “Market Perform”. The stock has “Hold” rating by Cowen & Co on Monday, February 5. RBC Capital Markets maintained the shares of TWX in report on Monday, June 12 with “Hold” rating.

More notable recent Time Warner Inc. (NYSE:TWX) news were published by: Seekingalpha.com which released: “AT&T: Armageddon” on July 26, 2018, also Seekingalpha.com with their article: “Do Verizon Investors Know About This $300 Million Secret?” published on July 23, 2018, Streetinsider.com published: “Third Point’s 13F Shows New Stake in Camping World (CWH), NXP Semi (NXPI), Increase in Microsoft (MSFT) (more…)” on August 10, 2018. More interesting news about Time Warner Inc. (NYSE:TWX) were released by: Bizjournals.com and their article: “AT&T shares at multiyear lows as company prepares for key second-quarter report” published on July 23, 2018 as well as Seekingalpha.com‘s news article titled: “HB-Oh No!” with publication date: July 15, 2018.

Estabrook Capital Management, which manages about $1.18B and $638.10 billion US Long portfolio, decreased its stake in Bank Of America (NYSE:BAC) by 8,636 shares to 440,450 shares, valued at $13.21B in 2018Q1, according to the filing. It also reduced its holding in Renaissancere Hldgs Ltd Ord (NYSE:RNR) by 150 shares in the quarter, leaving it with 20,434 shares, and cut its stake in Frp Hldgs Inc Com.

Among 14 analysts covering Nationstar Mortgage Holdings (NYSE:NSM), 5 have Buy rating, 3 Sell and 6 Hold. Therefore 36% are positive. Nationstar Mortgage Holdings had 38 analyst reports since July 31, 2015 according to SRatingsIntel. The company was maintained on Friday, March 2 by Barclays Capital. Keefe Bruyette & Woods maintained Nationstar Mortgage Holdings Inc. (NYSE:NSM) on Monday, May 29 with “Hold” rating. Keefe Bruyette & Woods maintained it with “Hold” rating and $20.0 target in Tuesday, September 12 report. Keefe Bruyette & Woods maintained the shares of NSM in report on Monday, March 5 with “Hold” rating. As per Thursday, January 12, the company rating was downgraded by Compass Point. The company was initiated on Wednesday, October 26 by Nomura. The stock of Nationstar Mortgage Holdings Inc. (NYSE:NSM) earned “Underweight” rating by Barclays Capital on Thursday, February 23. The firm earned “Outperform” rating on Monday, July 30 by Wood. On Wednesday, April 5 the stock rating was downgraded by Compass Point to “Neutral”. Oppenheimer maintained the stock with “Outperform” rating in Wednesday, November 4 report.

Carlson Capital L P, which manages about $20.59 billion and $6.61 billion US Long portfolio, decreased its stake in Masco Corp (NYSE:MAS) by 284,487 shares to 67,161 shares, valued at $2.72M in 2018Q1, according to the filing. It also reduced its holding in Eqt Corp (NYSE:EQT) by 179,441 shares in the quarter, leaving it with 416,400 shares, and cut its stake in Celanese Corp Del (NYSE:CE).

Time Warner Inc. (NYSE:TWX) Institutional Positions Chart

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