Twenty-First Century Fox (NASDAQ:FOX) was upgraded by equities researchers at BidaskClub from a “hold” rating to a “buy” rating in a report issued on Friday.
Separately, OTR Global raised Twenty-First Century Fox to a “positive” rating in a report on Monday, October 30th. One research analyst has rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus price target of $34.00.
Twenty-First Century Fox (FOX) opened at $36.17 on Friday. The stock has a market capitalization of $66,561.33, a price-to-earnings ratio of 22.47 and a beta of 1.27. Twenty-First Century Fox has a 1-year low of $24.30 and a 1-year high of $36.24. The company has a current ratio of 2.08, a quick ratio of 1.73 and a debt-to-equity ratio of 1.09.
In other Twenty-First Century Fox news, EVP Gerson Zweifach sold 110,728 shares of the firm’s stock in a transaction on Monday, December 18th. The stock was sold at an average price of $34.90, for a total transaction of $3,864,407.20. Following the completion of the transaction, the executive vice president now owns 36,007 shares of the company’s stock, valued at $1,256,644.30. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 39.40% of the company’s stock.
Several large investors have recently made changes to their positions in FOX. Schwab Charles Investment Management Inc. grew its position in shares of Twenty-First Century Fox by 10.4% in the second quarter. Schwab Charles Investment Management Inc. now owns 1,673,361 shares of the company’s stock valued at $46,637,000 after purchasing an additional 158,036 shares during the period. GAM Holding AG grew its position in Twenty-First Century Fox by 2.9% during the second quarter. GAM Holding AG now owns 12,010 shares of the company’s stock valued at $335,000 after acquiring an additional 343 shares during the period. Los Angeles Capital Management & Equity Research Inc. grew its position in Twenty-First Century Fox by 54.0% during the second quarter. Los Angeles Capital Management & Equity Research Inc. now owns 127,569 shares of the company’s stock valued at $3,555,000 after acquiring an additional 44,712 shares during the period. IFM Investors Pty Ltd purchased a new stake in Twenty-First Century Fox during the second quarter valued at about $336,000. Finally, Engineers Gate Manager LP purchased a new stake in Twenty-First Century Fox during the second quarter valued at about $253,000. 23.40% of the stock is owned by institutional investors and hedge funds.
About Twenty-First Century Fox
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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