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.
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