Empyrean Capital Partners LP Increased Time Warner (TWX) Position by $35.43 Million as Stock Rose; Advisors Asset Management Has Lowered Its Position in Mid Amer Apt Cmntys (MAA) as Stock Price Rose

February 22, 2018 - By Adrian Mccoy

Advisors Asset Management Inc decreased its stake in Mid Amer Apt Cmntys Inc (MAA) by 40.54% based on its latest 2017Q3 regulatory filing with the SEC. Advisors Asset Management Inc sold 11,817 shares as the company’s stock rose 0.38% with the market. The institutional investor held 17,334 shares of the consumer services company at the end of 2017Q3, valued at $1.85 million, down from 29,151 at the end of the previous reported quarter. Advisors Asset Management Inc who had been investing in Mid Amer Apt Cmntys Inc for a number of months, seems to be less bullish one the $10.13B market cap company. The stock increased 0.51% or $0.43 during the last trading session, reaching $85.94. About 7,132 shares traded. Mid-America Apartment Communities, Inc. (NYSE:MAA) has risen 0.92% since February 22, 2017 and is uptrending. It has underperformed by 15.78% the S&P500.

Michael A. Price increased its stake in Time Warner Inc (TWX) by 8.16% based on its latest 2017Q3 regulatory filing with the SEC. Empyrean Capital Partners Lp bought 347,335 shares as the company’s stock rose 1.19% with the market. The hedge fund run by Michael A. Price held 4.61 million shares of the television services company at the end of 2017Q3, valued at $471.81 million, up from 4.26M at the end of the previous reported quarter. Empyrean Capital Partners Lp who had been investing in Time Warner Inc for a number of months, seems to be bullish on the $73.99B market cap company. The stock increased 0.06% or $0.06 during the last trading session, reaching $94.86. About 12,502 shares traded. Time Warner Inc. (NYSE:TWX) has risen 36.37% since February 22, 2017 and is uptrending. It has outperformed by 19.67% the S&P500.

Advisors Asset Management Inc, which manages about $16.50B and $5.97 billion US Long portfolio, upped its stake in Nuveen Mun Value Fd Inc (NUV) by 63,696 shares to 134,234 shares, valued at $1.38M in 2017Q3, according to the filing. It also increased its holding in Apollo Invt Corp (NASDAQ:AINV) by 54,261 shares in the quarter, for a total of 384,474 shares, and has risen its stake in Dr Pepper Snapple Group Inc (NYSE:DPS).

Investors sentiment decreased to 1.06 in Q3 2017. Its down 0.01, from 1.07 in 2017Q2. It worsened, as 33 investors sold MAA shares while 130 reduced holdings. 35 funds opened positions while 138 raised stakes. 103.54 million shares or 0.77% more from 102.75 million shares in 2017Q2 were reported. Commonwealth State Bank Of Aus invested 0% of its portfolio in Mid-America Apartment Communities, Inc. (NYSE:MAA). State Treasurer State Of Michigan has invested 0.03% in Mid-America Apartment Communities, Inc. (NYSE:MAA). Citadel Advisors Lc reported 0.01% stake. State Street Corp accumulated 6.39M shares. 201,500 were accumulated by Duff Phelps Co. Metropolitan Life Insurance has 59,866 shares. 280,653 were reported by California Pub Employees Retirement System. Employees Retirement Association Of Colorado holds 0.02% or 23,237 shares. Ontario Teachers Pension Plan Board has invested 0.09% in Mid-America Apartment Communities, Inc. (NYSE:MAA). 90,185 are owned by Snyder Mngmt L P. Schwab Charles Inv Mgmt Inc invested in 1.10 million shares. Waratah Capital Advsrs Ltd accumulated 15,830 shares. British Columbia Mngmt Corporation reported 0.08% of its portfolio in Mid-America Apartment Communities, Inc. (NYSE:MAA). Guggenheim Capital Ltd Liability stated it has 0.08% of its portfolio in Mid-America Apartment Communities, Inc. (NYSE:MAA). Renaissance Tech Limited Liability stated it has 0.27% of its portfolio in Mid-America Apartment Communities, Inc. (NYSE:MAA).

Analysts await Mid-America Apartment Communities, Inc. (NYSE:MAA) to report earnings on April, 25. They expect $1.47 earnings per share, up 0.68% or $0.01 from last year’s $1.46 per share. MAA’s profit will be $173.20 million for 14.62 P/E if the $1.47 EPS becomes a reality. After $1.50 actual earnings per share reported by Mid-America Apartment Communities, Inc. for the previous quarter, Wall Street now forecasts -2.00% negative EPS growth.

Since September 6, 2017, it had 0 insider buys, and 1 insider sale for $730,768 activity.

Among 19 analysts covering Mid-America Apartment Communities (NYSE:MAA), 11 have Buy rating, 1 Sell and 7 Hold. Therefore 58% are positive. Mid-America Apartment Communities had 79 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was downgraded by BMO Capital Markets to “Market Perform” on Monday, November 27. The company was maintained on Friday, October 27 by Stifel Nicolaus. The stock of Mid-America Apartment Communities, Inc. (NYSE:MAA) earned “Neutral” rating by Suntrust Robinson on Friday, January 22. The firm has “Buy” rating by Cantor Fitzgerald given on Wednesday, January 31. The firm has “Buy” rating by SunTrust given on Tuesday, October 3. RBC Capital Markets upgraded it to “Outperform” rating and $103 target in Tuesday, December 13 report. The stock of Mid-America Apartment Communities, Inc. (NYSE:MAA) earned “Neutral” rating by BTIG Research on Thursday, August 25. The rating was downgraded by JMP Securities on Thursday, October 19 to “Market Perform”. The firm has “Outperform” rating given on Friday, December 2 by Robert W. Baird. The stock of Mid-America Apartment Communities, Inc. (NYSE:MAA) earned “Overweight” rating by Cantor Fitzgerald on Wednesday, February 7.

Among 40 analysts covering Time Warner Inc. (NYSE:TWX), 17 have Buy rating, 0 Sell and 23 Hold. Therefore 43% are positive. Time Warner Inc. had 121 analyst reports since August 6, 2015 according to SRatingsIntel. The firm has “” rating given on Friday, August 7 by Moffett Nathanson. Loop Capital maintained the shares of TWX in report on Friday, November 17 with “Hold” rating. B. Riley & Co maintained Time Warner Inc. (NYSE:TWX) rating on Wednesday, November 8. B. Riley & Co has “Neutral” rating and $101 target. RBC Capital Markets maintained it with “Outperform” rating and $90 target in Tuesday, October 13 report. Wells Fargo maintained the stock with “Hold” rating in Thursday, January 4 report. The firm has “Buy” rating given on Monday, November 13 by Rosenblatt. The stock of Time Warner Inc. (NYSE:TWX) earned “Neutral” rating by Bank of America on Thursday, November 5. The stock has “Market Perform” rating by Bernstein on Thursday, August 20. The firm earned “Neutral” rating on Tuesday, September 19 by Credit Suisse. The firm has “Hold” rating by KeyBanc Capital Markets given on Friday, August 25.

Since December 14, 2017, it had 0 insider purchases, and 3 sales for $2.88 million activity. 4,019 shares were sold by BARR WILLIAM P, worth $390,647 on Monday, February 5. OLAFSSON OLAF sold $2.11M worth of Time Warner Inc. (NYSE:TWX) on Thursday, December 14.

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