The Walt Disney Company : Today's Technical View on Walt Disney and Time Warner: These Companies Provides Value to Investors
02/27/2013| 08:05am US/Eastern
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LONDON, February 27, 2013 /PRNewswire/ --
Media stocks had a good run and do not seem to be running out of steam yet. The sector
is also witnessing good merger and acquisition activities as companies try to consolidate
their positions. Time Warner Inc. (NYSE: TWX) is planning to shelve its publishing
business. The stock is performing well and recently created a new 52-week high. The Walt
Disney Company (NYSE: DIS), on the other hand, is on an acquisition spree and made high
profile purchases like Marvel and Lucasfilm. The company also inked a new collaboration
with Netflix. Its stock also provided good returns to the investors. StockCall initiated
free in-depth technical analysis on Walt Disney and Time Warner which are currently
available upon sign up at
http://www.stockcall.com/research
The Walt Disney Company Sees Hedge Fund Buying
The Walt Disney Company sold its ESPN channels in the United Kingdom and Ireland to BT
Group. The deal is likely to be closed by July of this year. The financial terms of the
deal have not been disclosed by the companies. Walt Disney Co. is growing organically as
well as through mergers and acquisitions. The company recently finalized its purchase of
LucasFilm. It has also acquired Marvel Entertainment to augment its product portfolio.
Sign up for the free technical analysis on Walt Disney Co. at
http://www.StockCall.com/DIS022713.pdf
Walt Disney's stock has attracted hedge fund buying interest. JAT Capital Management
holds considerable stake in the company as disclosed by its latest 13F filing. The fund
increased its stake by 2,854 percent in the last quarter. The company's shares are also
held by other prominent institutional investors like Mason Hawkins and Ken Fisher.
Farallon Capital Management also invested over $100 million in the company.
The diversified entertainment stock grew 30 percent in the past 52 weeks and its
momentum is likely to continue as the media company is expected to grow its bottom-line at
an annual rate of 11 to 12 percent. The stock trades at Price/Earnings ratio of 17.44
which is slightly below the industry average, indicating that the stock still has upside
left to it.
Time Warner Inc. May Sell Magazine Business
Time Warner recently announced 29 cents per share in dividend. The stock's dividend
yield stands at 2.20 percent. Time Warner Inc. stock is up 38 percent in the past 12
months while it grew 9 percent so far this year. Its stock recently hit a new 52 weeks
high. The company is also garnering hedge fund favors as Coatue Management held stake in
it. Download the free report on Time Warner Inc. by registering at
http://www.StockCall.com/TWX022713.pdf
Time Warner is also looking to restructure its business as the company is said to be
in talks with Meredith Corp. about a magazine deal. The company is planning to divest its
magazine business and focus on its core competency areas. If successful, the deal will
free up resources to be channeled into more lucrative units, as the magazine unit is one
of the worst performing segment for Time Warner Inc. The move will help to unlock the
value and may act as a positive catalyst for the company's stock.
Time Warner recently reported its fourth quarter results and its net income stood at
$1.17 per share. It was expected to report its earnings at $1.10 per share. On the back of
good performance, the stock is likely to maintain its bullish streak.
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