Westpac Banking Cut Texas Roadhouse (TXRH) Stake; Time Warner New (TWX) Shorts Lowered By 7.86%

April 13, 2018 - By Michael Collier

Texas Roadhouse, Inc. (NASDAQ:TXRH) Logo

Westpac Banking Corp decreased Texas Roadhouse Inc (TXRH) stake by 26.63% reported in 2017Q4 SEC filing. Westpac Banking Corp sold 31,900 shares as Texas Roadhouse Inc (TXRH)’s stock rose 4.93%. The Westpac Banking Corp holds 87,900 shares with $4.63 billion value, down from 119,800 last quarter. Texas Roadhouse Inc now has $4.32 billion valuation. The stock increased 0.78% or $0.47 during the last trading session, reaching $60.54. About 473,347 shares traded. Texas Roadhouse, Inc. (NASDAQ:TXRH) has risen 31.38% since April 13, 2017 and is uptrending. It has outperformed by 19.83% the S&P500.

Time Warner Inc New (NYSE:TWX) had a decrease of 7.86% in short interest. TWX’s SI was 15.45M shares in April as released by FINRA. Its down 7.86% from 16.76 million shares previously. With 4.41M avg volume, 4 days are for Time Warner Inc New (NYSE:TWX)’s short sellers to cover TWX’s short positions. The SI to Time Warner Inc New’s float is 1.99%. The stock increased 0.07% or $0.07 during the last trading session, reaching $96.34. About 5.10 million shares traded. Time Warner Inc. (NYSE:TWX) has declined 3.25% since April 13, 2017 and is downtrending. It has underperformed by 14.80% the S&P500.

Investors sentiment increased to 0.91 in 2017 Q4. Its up 0.15, from 0.76 in 2017Q3. It increased, as 64 investors sold Time Warner Inc. 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. The Ontario – Canada-based Manufacturers Life The has invested 0.09% in Time Warner Inc. (NYSE:TWX). Penobscot Investment Management Com owns 2,800 shares or 0.07% of their US portfolio. Axa owns 203,275 shares for 0.07% of their portfolio. Moreover, Koshinski Asset Mngmt has 0.13% invested in Time Warner Inc. (NYSE:TWX). Symphony Asset Mngmt Ltd Llc has 0.06% invested in Time Warner Inc. (NYSE:TWX) for 6,130 shares. Vanguard Group owns 50.80 million shares or 0.2% of their US portfolio. Cibc Markets has invested 0.48% in Time Warner Inc. (NYSE:TWX). Bragg Inc holds 0.08% or 6,180 shares. Engineers Gate Manager Lp holds 7,283 shares or 0.05% of its portfolio. Marsico Cap Limited Com has invested 0.24% in Time Warner Inc. (NYSE:TWX). 120,800 were accumulated by Proshare Advisors Limited Liability Corp. Cap One Association owns 5,863 shares. Synovus Financial holds 12,043 shares. Ledyard Retail Bank holds 0.04% of its portfolio in Time Warner Inc. (NYSE:TWX) for 3,951 shares. The New Jersey-based Columbus Hill Management Limited Partnership has invested 5.85% in Time Warner Inc. (NYSE:TWX).

Since December 14, 2017, it had 0 buys, and 3 selling transactions for $2.88 million activity. OLAFSSON OLAF had sold 23,450 shares worth $2.11M on Thursday, December 14. WRIGHT DEBORAH C also sold $376,219 worth of Time Warner Inc. (NYSE:TWX) on Monday, February 12. $390,647 worth of Time Warner Inc. (NYSE:TWX) was sold by BARR WILLIAM P.

Among 40 analysts covering Time Warner Inc. (NYSE:TWX), 18 have Buy rating, 0 Sell and 22 Hold. Therefore 45% are positive. Time Warner Inc. had 123 analyst reports since August 6, 2015 according to SRatingsIntel. The stock has “Market Perform” rating by Cowen & Co on Monday, August 24. Wells Fargo maintained the shares of TWX in report on Thursday, January 4 with “Hold” rating. The firm has “Buy” rating by Wunderlich given on Thursday, November 5. The firm has “Hold” rating given on Thursday, July 13 by RBC Capital Markets. The firm has “Outperform” rating by FBR Capital given on Monday, October 31. The firm has “Buy” rating by CLSA given on Thursday, November 5. The stock of Time Warner Inc. (NYSE:TWX) earned “” rating by MoffettNathanson on Friday, August 7. The rating was maintained by KeyBanc Capital Markets on Friday, August 25 with “Hold”. The firm has “Equal-Weight” rating given on Tuesday, April 26 by Morgan Stanley. The rating was maintained by Jefferies on Thursday, September 7 with “Hold”.

Time Warner Inc. operates as a media and entertainment firm in the United States and internationally. The company has market cap of $75.13 billion. It operates through three divisions: Turner, Home Box Office, and Warner Bros. It has a 14.52 P/E ratio. The Turner segment creates and programs branded news, entertainment, sports, and kids multi-platform content for consumers.

Westpac Banking Corp increased Brandywine Rlty Tr (NYSE:BDN) stake by 35,300 shares to 279,639 valued at $5.09B in 2017Q4. It also upped Oasis Pete Inc New (NYSE:OAS) stake by 129,654 shares and now owns 612,077 shares. Zions Bancorporation (NASDAQ:ZION) was raised too.

Analysts await Texas Roadhouse, Inc. (NASDAQ:TXRH) to report earnings on May, 7. They expect $0.75 earnings per share, up 22.95% or $0.14 from last year’s $0.61 per share. TXRH’s profit will be $53.52 million for 20.18 P/E if the $0.75 EPS becomes a reality. After $0.40 actual earnings per share reported by Texas Roadhouse, Inc. for the previous quarter, Wall Street now forecasts 87.50% EPS growth.

Since December 12, 2017, it had 0 insider buys, and 9 insider sales for $3.67 million activity. 1,300 shares valued at $66,118 were sold by WIDMER KATHY on Tuesday, December 12. Another trade for 2,500 shares valued at $141,250 was sold by Jacobsen S. Chris. Colosi Scott Matthew had sold 22,403 shares worth $1.26M. ZARLEY JAMES R sold $619,384 worth of stock. 6,337 Texas Roadhouse, Inc. (NASDAQ:TXRH) shares with value of $355,569 were sold by Catlett Celia.

Investors sentiment decreased to 1.4 in Q4 2017. Its down 0.29, from 1.69 in 2017Q3. It is negative, as 20 investors sold TXRH shares while 75 reduced holdings. 61 funds opened positions while 72 raised stakes. 60.90 million shares or 0.49% more from 60.60 million shares in 2017Q3 were reported. Parallax Volatility Advisers LP reported 0% stake. Intrust Natl Bank Na holds 0.15% or 9,269 shares. Moreover, Chatham Capital Grp Inc has 0.35% invested in Texas Roadhouse, Inc. (NASDAQ:TXRH) for 24,227 shares. Eagle Asset Mngmt stated it has 0.04% in Texas Roadhouse, Inc. (NASDAQ:TXRH). Westpac, Australia-based fund reported 87,900 shares. Los Angeles Capital & Equity Rech Inc holds 0% in Texas Roadhouse, Inc. (NASDAQ:TXRH) or 13,521 shares. Rothschild Asset Management reported 0.37% of its portfolio in Texas Roadhouse, Inc. (NASDAQ:TXRH). Royal National Bank Of Canada has invested 0.02% in Texas Roadhouse, Inc. (NASDAQ:TXRH). Pub Employees Retirement Association Of Colorado reported 395,347 shares. Moreover, Verition Fund Mgmt Limited has 0.07% invested in Texas Roadhouse, Inc. (NASDAQ:TXRH). Retirement System Of Alabama reported 0.05% of its portfolio in Texas Roadhouse, Inc. (NASDAQ:TXRH). First Mercantile holds 0.12% or 11,699 shares. Moreover, Ubs Asset Americas has 0% invested in Texas Roadhouse, Inc. (NASDAQ:TXRH) for 42,331 shares. Martingale Asset Management Ltd Partnership owns 110,223 shares for 0.08% of their portfolio. Mai Cap Management reported 0.06% stake.

Among 21 analysts covering Texas Roadhouse Inc. (NASDAQ:TXRH), 10 have Buy rating, 0 Sell and 11 Hold. Therefore 48% are positive. Texas Roadhouse Inc. had 60 analyst reports since August 5, 2015 according to SRatingsIntel. Stifel Nicolaus downgraded the shares of TXRH in report on Tuesday, July 26 to “Hold” rating. The stock of Texas Roadhouse, Inc. (NASDAQ:TXRH) has “Hold” rating given on Friday, December 22 by Jefferies. The stock of Texas Roadhouse, Inc. (NASDAQ:TXRH) earned “Buy” rating by Mizuho on Thursday, March 15. The firm earned “Buy” rating on Monday, July 31 by BMO Capital Markets. Maxim Group maintained the stock with “Buy” rating in Wednesday, December 7 report. The rating was maintained by RBC Capital Markets with “Hold” on Thursday, December 21. The stock has “Buy” rating by Robert W. Baird on Tuesday, January 2. The firm earned “Neutral” rating on Wednesday, February 21 by JP Morgan. On Thursday, June 22 the stock rating was upgraded by BMO Capital Markets to “Outperform”. The firm has “Sell” rating by Jefferies given on Friday, June 2.

Texas Roadhouse, Inc. (NASDAQ:TXRH) Institutional Positions Chart

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