Nuveen New York AMT-Free Quality Municipal Income Fund (NRK) Is At $12.05 Formed Wedge; Soros Fund Management Lowered Its Time Warner (TWX) Position

Time Warner Inc. (NYSE:TWX) Logo

Nuveen New York AMT-Free Quality Municipal Income Fund (NRK) formed wedge down with $11.45 target or 5.00% below today’s $12.05 share price. Nuveen New York AMT-Free Quality Municipal Income Fund (NRK) has $1.06 billion valuation. It closed at $12.05 lastly. It is down 6.06% since May 8, 2017 and is downtrending. It has underperformed by 17.61% the S&P500.

Soros Fund Management Llc decreased Time Warner Inc (TWX) stake by 64.53% reported in 2017Q4 SEC filing. Soros Fund Management Llc sold 658,158 shares as Time Warner Inc (TWX)’s stock rose 1.97%. The Soros Fund Management Llc holds 361,842 shares with $33.10 million value, down from 1.02M last quarter. Time Warner Inc now has $72.41 billion valuation. The stock decreased 0.62% or $0.58 during the last trading session, reaching $92.56. About 3.45M shares traded. Time Warner Inc. (NYSE:TWX) has declined 3.25% since May 8, 2017 and is downtrending. It has underperformed by 14.80% the S&P500.

Since December 14, 2017, it had 0 insider buys, and 3 sales for $2.88 million activity. 23,450 shares valued at $2.11 million were sold by OLAFSSON OLAF on Thursday, December 14. 4,019 shares were sold by WRIGHT DEBORAH C, worth $376,219. $390,647 worth of stock was sold by BARR WILLIAM P on Monday, February 5.

Soros Fund Management Llc increased Urban Outfitters Inc (NASDAQ:URBN) stake by 1.01 million shares to 1.02 million valued at $35.87 million in 2017Q4. It also upped Eqt Corp (Call) (NYSE:EQT) stake by 170,100 shares and now owns 250,100 shares. Cbs Corp New (NYSE:CBS) was raised too.

More notable recent Time Warner Inc. (NYSE:TWX) news were published by: Seekingalpha.com which released: “AT&T opposes divestitures in TWX deal” on May 04, 2018, also 247Wallst.com with their article: “6 Most Important Things in Business Today” published on May 04, 2018, Investorplace.com published: “AT&T Inc.-Time Warner Inc Merger May Be Approved Soon” on May 03, 2018. More interesting news about Time Warner Inc. (NYSE:TWX) were released by: Bizjournals.com and their article: “Tubi TV screening some Hulu content for free” published on May 07, 2018 as well as Seekingalpha.com‘s news article titled: “Compromise on AT&T-Time Warner deal?” with publication date: May 01, 2018.

Investors sentiment increased to 0.91 in Q4 2017. Its up 0.15, from 0.76 in 2017Q3. It increased, 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. Cheyne Cap Mngmt (Uk) Ltd Liability Partnership holds 10.51% of its portfolio in Time Warner Inc. (NYSE:TWX) for 263,513 shares. Gam Holdg Ag owns 101,479 shares for 0.28% of their portfolio. Aqr Cap Mngmt Ltd Liability has 1.05 million shares for 0.1% of their portfolio. Regent Ltd Llc invested 0.99% in Time Warner Inc. (NYSE:TWX). New Mexico Educational Retirement Board reported 74,803 shares. Meridian Invest Counsel Incorporated reported 0.75% stake. P Schoenfeld Asset Mgmt LP holds 1.13 million shares. Moore Management LP holds 550,000 shares. New Jersey-based Nuwave Inv Mgmt Limited Liability Corporation has invested 0.31% in Time Warner Inc. (NYSE:TWX). Btim Corporation invested 0% of its portfolio in Time Warner Inc. (NYSE:TWX). Busey Trust reported 0.69% of its portfolio in Time Warner Inc. (NYSE:TWX). Eubel Brady & Suttman Asset Management stated it has 0.1% in Time Warner Inc. (NYSE:TWX). Ameritas Invest Partners Inc accumulated 16,958 shares. Advisor Prtn Ltd Co stated it has 0.27% of its portfolio in Time Warner Inc. (NYSE:TWX). Brown Brothers Harriman holds 0% or 2,608 shares in its portfolio.

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