Global Endowment Management LP Has $3.24 Million Stake in Twenty-First Century Fox, Inc. (NASDAQ:FOXA)

Global Endowment Management LP reduced its stake in Twenty-First Century Fox, Inc. (NASDAQ:FOXA) by 1.2% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 100,100 shares of the company’s stock after selling 1,200 shares during the period. Twenty-First Century Fox makes up approximately 0.5% of Global Endowment Management LP’s portfolio, making the stock its 28th largest position. Global Endowment Management LP’s holdings in Twenty-First Century Fox were worth $3,242,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in the company. Bronfman E.L. Rothschild L.P. raised its stake in Twenty-First Century Fox by 3.5% in the first quarter. Bronfman E.L. Rothschild L.P. now owns 4,495 shares of the company’s stock valued at $146,000 after buying an additional 151 shares in the last quarter. Capital One National Association increased its position in Twenty-First Century Fox by 1.5% in the first quarter. Capital One National Association now owns 14,093 shares of the company’s stock valued at $456,000 after buying an additional 202 shares in the last quarter. Auxier Asset Management increased its stake in shares of Twenty-First Century Fox by 0.3% in the fourth quarter. Auxier Asset Management now owns 77,012 shares of the company’s stock worth $2,159,000 after buying an additional 236 shares during the period. Nordea Investment Management AB increased its stake in shares of Twenty-First Century Fox by 0.5% in the first quarter. Nordea Investment Management AB now owns 54,956 shares of the company’s stock worth $1,780,000 after buying an additional 270 shares during the period. Finally, Cim Investment Mangement Inc. increased its stake in shares of Twenty-First Century Fox by 1.2% in the fourth quarter. Cim Investment Mangement Inc. now owns 24,339 shares of the company’s stock worth $682,000 after buying an additional 279 shares during the period. Institutional investors and hedge funds own 54.67% of the company’s stock.

Twenty-First Century Fox, Inc. (NASDAQ:FOXA) traded up 1.10% during mid-day trading on Wednesday, reaching $28.41. The company had a trading volume of 922,373 shares. Twenty-First Century Fox, Inc. has a 52-week low of $23.33 and a 52-week high of $32.60. The stock has a market capitalization of $52.58 billion, a price-to-earnings ratio of 17.47 and a beta of 1.27. The company’s 50 day moving average is $27.54 and its 200 day moving average is $29.50.

Twenty-First Century Fox (NASDAQ:FOXA) last announced its earnings results on Wednesday, May 10th. The company reported $0.54 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.48 by $0.06. Twenty-First Century Fox had a net margin of 10.72% and a return on equity of 24.40%. The firm had revenue of $7.56 billion during the quarter, compared to analyst estimates of $7.63 billion. During the same period in the prior year, the business earned $0.47 EPS. The company’s revenue for the quarter was up 4.6% compared to the same quarter last year. Equities analysts predict that Twenty-First Century Fox, Inc. will post $1.93 earnings per share for the current year.

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A number of analysts recently issued reports on FOXA shares. Zacks Investment Research downgraded Twenty-First Century Fox from a “hold” rating to a “sell” rating in a research report on Tuesday. Cowen and Company reissued a “hold” rating and set a $33.00 price objective on shares of Twenty-First Century Fox in a research report on Tuesday. ValuEngine upgraded Twenty-First Century Fox from a “hold” rating to a “buy” rating in a report on Thursday, July 6th. Morgan Stanley restated an “overweight” rating on shares of Twenty-First Century Fox in a report on Thursday, July 6th. Finally, Credit Suisse Group reiterated a “buy” rating and issued a $37.00 price objective on shares of Twenty-First Century Fox in a research note on Friday, June 30th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and nineteen have issued a buy rating to the company. The company has a consensus rating of “Buy” and an average target price of $33.19.

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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