Nomura Asset Management Co. Ltd. Increases Stake in Twenty-First Century Fox, Inc. (FOXA)

Nomura Asset Management Co. Ltd. lifted its holdings in shares of Twenty-First Century Fox, Inc. (NASDAQ:FOXA) by 3.3% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 149,074 shares of the company’s stock after acquiring an additional 4,740 shares during the period. Nomura Asset Management Co. Ltd.’s holdings in Twenty-First Century Fox were worth $3,933,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the company. Sterling Capital Management LLC increased its position in shares of Twenty-First Century Fox by 1.2% during the second quarter. Sterling Capital Management LLC now owns 8,494 shares of the company’s stock worth $241,000 after acquiring an additional 99 shares in the last quarter. Midwest Investment Management LLC increased its position in shares of Twenty-First Century Fox by 0.3% during the second quarter. Midwest Investment Management LLC now owns 65,566 shares of the company’s stock worth $1,858,000 after acquiring an additional 200 shares in the last quarter. State of Alaska Department of Revenue increased its position in shares of Twenty-First Century Fox by 4.8% during the second quarter. State of Alaska Department of Revenue now owns 4,365 shares of the company’s stock worth $123,000 after acquiring an additional 200 shares in the last quarter. Nordea Investment Management AB increased its position in shares of Twenty-First Century Fox by 0.5% during the second quarter. Nordea Investment Management AB now owns 55,238 shares of the company’s stock worth $1,565,000 after acquiring an additional 282 shares in the last quarter. Finally, First Allied Advisory Services Inc. increased its position in shares of Twenty-First Century Fox by 2.6% during the second quarter. First Allied Advisory Services Inc. now owns 14,781 shares of the company’s stock worth $425,000 after acquiring an additional 375 shares in the last quarter. 54.50% of the stock is owned by institutional investors.

Several equities research analysts have recently commented on the stock. Wells Fargo & Company reissued an “outperform” rating on shares of Twenty-First Century Fox in a research report on Thursday. Rosenblatt Securities reissued a “buy” rating and set a $40.00 target price on shares of Twenty-First Century Fox in a research report on Monday, December 4th. BMO Capital Markets reissued a “buy” rating and set a $35.00 target price on shares of Twenty-First Century Fox in a research report on Wednesday, November 22nd. KeyCorp reissued a “buy” rating and set a $35.00 target price on shares of Twenty-First Century Fox in a research report on Sunday, November 19th. Finally, B. Riley boosted their target price on shares of Twenty-First Century Fox from $29.00 to $36.00 and gave the stock a “neutral” rating in a research report on Friday, November 17th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and seventeen have given a buy rating to the company. The stock has a consensus rating of “Buy” and an average target price of $33.95.

Shares of Twenty-First Century Fox, Inc. (FOXA) opened at $33.30 on Friday. Twenty-First Century Fox, Inc. has a 52-week low of $24.81 and a 52-week high of $34.75. The company has a debt-to-equity ratio of 1.09, a current ratio of 2.08 and a quick ratio of 1.73. The stock has a market cap of $61,689.18, a PE ratio of 17.34, a price-to-earnings-growth ratio of 2.29 and a beta of 1.34.

Twenty-First Century Fox (NASDAQ:FOXA) last released its earnings results on Wednesday, November 8th. The company reported $0.49 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.48 by $0.01. Twenty-First Century Fox had a net margin of 10.30% and a return on equity of 21.41%. The firm had revenue of $7 billion during the quarter, compared to the consensus estimate of $6.80 billion. During the same period in the prior year, the firm earned $0.51 EPS. The company’s revenue was up 7.6% compared to the same quarter last year. equities analysts predict that Twenty-First Century Fox, Inc. will post 1.98 earnings per share for the current fiscal year.

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

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