Time Warner (TWX) Stake Lifted by Redwood Capital Management Llc; Intel (INTC) Stake Held by Hartline Investment Corp

June 13, 2018 - By Hazel Jackson

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Hartline Investment Corp increased its stake in Intel Corp (INTC) by 568.1% based on its latest 2018Q1 regulatory filing with the SEC. Hartline Investment Corp bought 42,522 shares as the company’s stock rose 12.89% while stock markets declined. The institutional investor held 50,007 shares of the semiconductors company at the end of 2018Q1, valued at $2.60M, up from 7,485 at the end of the previous reported quarter. Hartline Investment Corp who had been investing in Intel Corp for a number of months, seems to be bullish on the $256.44B market cap company. The stock increased 0.38% or $0.21 during the last trading session, reaching $55.03. About 18.22M shares traded. Intel Corporation (NASDAQ:INTC) has risen 52.90% since June 13, 2017 and is uptrending. It has outperformed by 40.33% the S&P500. Some Historical INTC News: 11/04/2018 – New York Post: Justice Deptartment hands over document to House Intel panel; 23/05/2018 – C3 IoT Partners With Intel to Deliver Al Appliance; 26/04/2018 – INTEL CORP – QTRLY DATA CENTER GROUP REVENUE $5.2 BILLION, UP 24%; 19/03/2018 – Intel Board Votes Unanimously to Extend Andy Bryant’s Term as Intel Chmn; 09/05/2018 – CHINA’S DJI CONFIRMS IT WAS NOT ON ANY WINNING APPLICATIONS FOR U.S. DRONE TEST PROGRAM; 26/04/2018 – Intel 1Q Net $4.5B; 02/04/2018 – BNO News: Apple plans to start using its own chips in Mac computers, replacing those from Intel, sources tell Bloomberg;; 16/05/2018 – Australian Gov: US Patent Issued to Intel on May 15 for “Device, system and method of controlling access to location sources”; 15/05/2018 – INTEL SAYS IT HAS SUBMITTED PLAN TO ISRAEL’S GOVERNMENT TO EXPAND ITS PRODUCTION OPERATIONS IN THE COUNTRY; 24/04/2018 – U.S. SUPREME COURT UPHOLDS PATENT OFFICE REVIEW PROCESS THAT IS VALUED BY SILICON VALLEY TO WARD OFF INFRINGEMENT CLAIMS

Jonathan Kolatch increased its stake in Time Warner Inc (TWX) by 80.38% based on its latest 2018Q1 regulatory filing with the SEC. Redwood Capital Management Llc bought 409,925 shares as the company’s stock declined 1.16% with the market. The hedge fund run by Jonathan Kolatch held 919,925 shares of the television services company at the end of 2018Q1, valued at $87.01 million, up from 510,000 at the end of the previous reported quarter. Redwood Capital Management Llc who had been investing in Time Warner Inc for a number of months, seems to be bullish on the $76.63B market cap company. The stock increased 1.80% or $1.73 during the last trading session, reaching $97.95. About 61.83 million shares traded or 1023.34% up from the average. Time Warner Inc. (NYSE:TWX) has declined 5.23% since June 13, 2017 and is downtrending. It has underperformed by 17.80% the S&P500. Some Historical TWX News: 23/03/2018 – AT&T Fights Government Concerns over Time Warner Merger (Audio); 18/04/2018 – Time Warner C.E.O. Testifies That AT&T Deal Is Needed to Battle Silicon Valley; 08/03/2018 – Charles Gasparino: #BreakingNews Sources tell me that DOJ and AT&T are scheduled to release trial briefs on Friday as part of; 07/05/2018 – Update: Comcast is planning an all-cash bid to top Walt Disney’s $52 billion deal to acquire most of 21st Century Fox’s assets, if the U.S. government approves AT&T’s acquisition of Time Warner, sources tell CNBC; 19/04/2018 – AT&T Chief Attacks Lawsuit to Block Time Warner Merger; 30/04/2018 – Justice Department Urges Judge to Consider Alternative Remedies in AT&T-Time Warner Merger; 17/04/2018 – AT&T, Time Warner CEOs to Take the Stand in Defense of Merger; 15/03/2018 – The Globe and Mail: AT&T, Time Warner merger trial delayed two days; 11/05/2018 – A verdict in the Time Warner trial will be announced June 12; 12/03/2018 – Buy Time Warner because there will be a bidding war for assets like HBO if AT&T deal is blocked: UBS

Hartline Investment Corp, which manages about $366.93 million and $364.62 million US Long portfolio, decreased its stake in Chevron Corporation (NYSE:CVX) by 4,135 shares to 24,228 shares, valued at $2.76M in 2018Q1, according to the filing. It also reduced its holding in Palo Alto Networks Inc (NYSE:PANW) by 4,042 shares in the quarter, leaving it with 4,068 shares, and cut its stake in Broadridge Finl Solution (NYSE:BR).

Investors sentiment decreased to 0.76 in Q1 2018. Its down 0.26, from 1.02 in 2017Q4. It is negative, as 76 investors sold INTC shares while 796 reduced holdings. 131 funds opened positions while 531 raised stakes. 3.00 billion shares or 1.96% less from 3.06 billion shares in 2017Q4 were reported. 18,362 are owned by Valley National Advisers Inc. Davenport And Limited Liability Co owns 123,035 shares. State Board Of Administration Of Florida Retirement Sys reported 0.93% stake. Marathon Asset Mngmt Llp accumulated 2.83M shares or 2.27% of the stock. Ashmore Wealth Mgmt Limited Liability Corp accumulated 3.22M shares. Assetmark invested in 10,267 shares or 0.01% of the stock. Artemis Investment Mgmt Limited Liability Partnership reported 1.43 million shares. Field And Main Bancorp reported 36,555 shares stake. Moreover, Roberts Glore & Il has 1.93% invested in Intel Corporation (NASDAQ:INTC) for 59,890 shares. Merriman Wealth Mgmt Ltd Liability has invested 0.19% of its portfolio in Intel Corporation (NASDAQ:INTC). Partnervest Advisory Svcs Ltd Liability Corporation reported 0.52% stake. Piedmont Advsrs Llc reported 924,804 shares or 1.28% of all its holdings. Schafer Cullen Cap Management holds 1.6% or 2.55M shares in its portfolio. Waratah Cap Limited reported 36,552 shares. Park Corporation Oh invested in 866,171 shares.

More notable recent Intel Corporation (NASDAQ:INTC) news were published by: Fool.com which released: “Why Investors Should Be Unimpressed With Intel’s Diversification Story” on June 12, 2018, also Seekingalpha.com with their article: “Intel: Time To Be Cautious” published on June 13, 2018, Seekingalpha.com published: “Intel: Curb Your Enthusiasm” on May 29, 2018. More interesting news about Intel Corporation (NASDAQ:INTC) were released by: Finance.Yahoo.com and their article: “The Good Times Are Here to Stay for Advanced Micro Devices, Inc. Stock” published on June 12, 2018 as well as Nasdaq.com‘s news article titled: “Here’s Why I’m Still Bullish on Ethereum” with publication date: June 12, 2018.

Among 55 analysts covering Intel Corporation (NASDAQ:INTC), 36 have Buy rating, 3 Sell and 16 Hold. Therefore 65% are positive. Intel Corporation had 267 analyst reports since August 7, 2015 according to SRatingsIntel. The rating was maintained by Mizuho with “Neutral” on Monday, September 21. The rating was maintained by Deutsche Bank with “Buy” on Monday, March 21. The firm earned “Buy” rating on Friday, January 15 by Stifel Nicolaus. The stock of Intel Corporation (NASDAQ:INTC) earned “Buy” rating by Citigroup on Monday, April 30. The stock of Intel Corporation (NASDAQ:INTC) has “Buy” rating given on Friday, January 26 by Roth Capital. The firm earned “Buy” rating on Friday, October 27 by Needham. The company was maintained on Monday, September 19 by Mizuho. The stock has “Hold” rating by Oppenheimer on Wednesday, July 12. The rating was downgraded by Stifel Nicolaus to “Hold” on Thursday, April 5. Raymond James upgraded the stock to “Hold” rating in Monday, March 26 report.

Since January 22, 2018, it had 0 insider purchases, and 21 sales for $11.14 million activity. Krzanich Brian M had sold 8,659 shares worth $427,757 on Thursday, January 25. Another trade for 17,946 shares valued at $880,540 was made by RENDUCHINTALA VENKATA S M on Wednesday, January 31. HUNDT REED E had sold 20,000 shares worth $1.07M on Tuesday, May 8. $1.89M worth of Intel Corporation (NASDAQ:INTC) was sold by BRYANT ANDY D on Tuesday, May 8. McBride Kevin Thomas had sold 686 shares worth $31,943. YOFFIE DAVID B also sold $1.33M worth of Intel Corporation (NASDAQ:INTC) shares.

Since December 14, 2017, it had 0 insider purchases, and 2 insider sales for $766,866 activity. On Monday, February 5 the insider BARR WILLIAM P sold $390,647. WRIGHT DEBORAH C had sold 4,019 shares worth $376,219 on Monday, February 12.

Investors sentiment increased to 0.98 in 2018 Q1. Its up 0.07, from 0.91 in 2017Q4. It increased, 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. Platinum Invest Mgmt Limited holds 0.02% or 7,421 shares in its portfolio. Stratos Wealth Ptnrs has invested 0.02% of its portfolio in Time Warner Inc. (NYSE:TWX). Advent Capital Mgmt De stated it has 0.02% of its portfolio in Time Warner Inc. (NYSE:TWX). Moreover, Murphy Cap has 0.03% invested in Time Warner Inc. (NYSE:TWX). Pictet Asset owns 680,366 shares. Gam Ag holds 85,459 shares. Los Angeles Capital Mgmt And Equity stated it has 151,543 shares. Tig Ltd holds 9.98% of its portfolio in Time Warner Inc. (NYSE:TWX) for 1.94 million shares. King Luther Cap Mgmt owns 1.56 million shares for 1.24% of their portfolio. Mason Cap Management Ltd Llc holds 606,000 shares or 2.63% of its portfolio. 721,186 were accumulated by National Pension Serv. Motco reported 0.02% in Time Warner Inc. (NYSE:TWX). Sigma Planning accumulated 3,141 shares or 0.02% of the stock. Gotham Asset Mgmt Ltd Liability Corporation accumulated 563,981 shares. Capital Ww Invsts reported 57,067 shares.

Intel Corporation (NASDAQ:INTC) Institutional Positions Chart

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