Twenty-First Century Fox, Inc. (FOXA) Shares Sold by State Street Corp

State Street Corp lessened its holdings in Twenty-First Century Fox, Inc. (NASDAQ:FOXA) by 4.5% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 43,829,757 shares of the company’s stock after selling 2,072,072 shares during the period. State Street Corp owned approximately 2.36% of Twenty-First Century Fox worth $1,242,127,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of FOXA. State of Alaska Department of Revenue increased its holdings in Twenty-First Century Fox by 4.8% during the 2nd quarter. State of Alaska Department of Revenue now owns 4,365 shares of the company’s stock worth $123,000 after purchasing an additional 200 shares during the period. Midwest Investment Management LLC increased its holdings in Twenty-First Century Fox by 0.3% during the 2nd quarter. Midwest Investment Management LLC now owns 65,566 shares of the company’s stock worth $1,858,000 after purchasing an additional 200 shares during the period. Nordea Investment Management AB increased its holdings in Twenty-First Century Fox by 0.5% during the 2nd quarter. Nordea Investment Management AB now owns 55,238 shares of the company’s stock worth $1,565,000 after purchasing an additional 282 shares during the period. Fifth Third Bancorp increased its holdings in Twenty-First Century Fox by 6.2% during the 1st quarter. Fifth Third Bancorp now owns 4,959 shares of the company’s stock worth $161,000 after purchasing an additional 291 shares during the period. Finally, Level Four Advisory Services LLC increased its holdings in shares of Twenty-First Century Fox by 1.2% in the 1st quarter. Level Four Advisory Services LLC now owns 27,557 shares of the company’s stock valued at $865,000 after acquiring an additional 314 shares during the last quarter. 53.30% of the stock is currently owned by hedge funds and other institutional investors.

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FOXA has been the subject of a number of research analyst reports. Credit Suisse Group reaffirmed an “outperform” rating and set a $35.00 price objective (down from $37.00) on shares of Twenty-First Century Fox in a research report on Thursday, October 12th. ValuEngine raised Twenty-First Century Fox from a “hold” rating to a “buy” rating in a report on Thursday, July 6th. Zacks Investment Research cut Twenty-First Century Fox from a “hold” rating to a “sell” rating in a report on Tuesday, July 11th. Guggenheim reissued a “buy” rating and issued a $35.00 price target on shares of Twenty-First Century Fox in a report on Wednesday, July 12th. Finally, Cowen and Company reaffirmed a “hold” rating and issued a $33.00 price objective on shares of Twenty-First Century Fox in a research note on Tuesday, July 11th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and eighteen have assigned a buy rating to the stock. The stock has an average rating of “Buy” and an average price target of $33.35.

Shares of Twenty-First Century Fox, Inc. (FOXA) traded down 0.19% during mid-day trading on Tuesday, hitting $26.64. The stock had a trading volume of 1,325,649 shares. The firm’s 50 day moving average price is $26.71 and its 200-day moving average price is $28.10. Twenty-First Century Fox, Inc. has a one year low of $24.64 and a one year high of $32.60. The company has a market cap of $49.31 billion, a PE ratio of 16.80 and a beta of 1.26.

Twenty-First Century Fox (NASDAQ:FOXA) last announced its quarterly earnings results on Wednesday, August 9th. The company reported $0.36 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.35 by $0.01. Twenty-First Century Fox had a net margin of 10.36% and a return on equity of 22.46%. The firm had revenue of $6.75 billion during the quarter, compared to analysts’ expectations of $6.79 billion. During the same period in the prior year, the company posted $0.45 EPS. The company’s revenue was up 1.5% on a year-over-year basis. On average, equities research analysts anticipate that Twenty-First Century Fox, Inc. will post $2.03 earnings per share for the current fiscal year.

The business also recently announced a semiannual dividend, which will be paid on Wednesday, October 18th. Investors of record on Wednesday, September 13th will be paid a dividend of $0.18 per share. This represents a yield of 1.29%. The ex-dividend date is Tuesday, September 12th. Twenty-First Century Fox’s dividend payout ratio is presently 22.64%.

Twenty-First Century Fox Company Profile

Twenty-First Century Fox, Inc is a media and entertainment company. The Company’s segments include Cable Network Programming; Television; Filmed Entertainment, and Other, Corporate and Eliminations. The Cable Network Programming segment produces and licenses news, business news, sports, general entertainment, factual entertainment and movie programming for distribution.

Institutional Ownership by Quarter for Twenty-First Century Fox (NASDAQ:FOXA)

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