Nomura Asset Management Co. Ltd. Has $8.58 Million Position in Twenty-First Century Fox Inc Class A (FOXA)

Nomura Asset Management Co. Ltd. boosted its position in shares of Twenty-First Century Fox Inc Class A (NASDAQ:FOXA) by 6.0% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 172,656 shares of the company’s stock after purchasing an additional 9,805 shares during the period. Nomura Asset Management Co. Ltd.’s holdings in Twenty-First Century Fox Inc Class A were worth $8,579,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in FOXA. Hound Partners LLC purchased a new stake in Twenty-First Century Fox Inc Class A in the 1st quarter valued at about $623,227,000. OZ Management LP purchased a new stake in Twenty-First Century Fox Inc Class A in the 1st quarter valued at about $84,991,000. BlackRock Inc. boosted its position in Twenty-First Century Fox Inc Class A by 3.6% in the 1st quarter. BlackRock Inc. now owns 59,520,598 shares of the company’s stock valued at $2,183,811,000 after buying an additional 2,063,278 shares during the period. Numen Capital LLP purchased a new stake in Twenty-First Century Fox Inc Class A in the 2nd quarter valued at about $98,496,000. Finally, Naya Capital Management UK Ltd. boosted its position in Twenty-First Century Fox Inc Class A by 47.4% in the 1st quarter. Naya Capital Management UK Ltd. now owns 6,070,034 shares of the company’s stock valued at $222,710,000 after buying an additional 1,952,700 shares during the period. 53.36% of the stock is owned by institutional investors.

Several research firms have issued reports on FOXA. Zacks Investment Research cut shares of Twenty-First Century Fox Inc Class A from a “hold” rating to a “sell” rating in a research report on Tuesday, April 17th. Pivotal Research reissued a “hold” rating and issued a $42.00 price objective (up from $35.00) on shares of Twenty-First Century Fox Inc Class A in a research report on Wednesday, June 13th. Buckingham Research began coverage on shares of Twenty-First Century Fox Inc Class A in a research report on Tuesday, June 26th. They issued a “buy” rating for the company. ValuEngine raised shares of Twenty-First Century Fox Inc Class A from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, June 26th. Finally, Cowen reissued a “hold” rating and issued a $48.00 price objective on shares of Twenty-First Century Fox Inc Class A in a research report on Wednesday, August 1st. Nine research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the stock. Twenty-First Century Fox Inc Class A presently has an average rating of “Buy” and an average target price of $43.93.

Shares of FOXA opened at $45.48 on Friday. Twenty-First Century Fox Inc Class A has a fifty-two week low of $24.81 and a fifty-two week high of $50.15. The company has a market capitalization of $84.48 billion, a PE ratio of 23.15, a price-to-earnings-growth ratio of 2.39 and a beta of 1.26. The company has a debt-to-equity ratio of 0.89, a current ratio of 2.35 and a quick ratio of 1.65.

Twenty-First Century Fox Inc Class A (NASDAQ:FOXA) last announced its quarterly earnings results on Wednesday, August 8th. The company reported $0.57 earnings per share for the quarter, topping the consensus estimate of $0.54 by $0.03. Twenty-First Century Fox Inc Class A had a net margin of 14.68% and a return on equity of 18.71%. The firm had revenue of $7.94 billion during the quarter, compared to analysts’ expectations of $7.52 billion. During the same quarter in the prior year, the company earned $0.36 EPS. The company’s revenue was up 17.7% compared to the same quarter last year. equities analysts expect that Twenty-First Century Fox Inc Class A will post 2.07 EPS for the current year.

The firm also recently declared a Semi-Annual dividend, which will be paid on Wednesday, October 17th. Stockholders of record on Wednesday, September 12th will be given a $0.18 dividend. The ex-dividend date of this dividend is Tuesday, September 11th. This represents a dividend yield of 0.79%. Twenty-First Century Fox Inc Class A’s payout ratio is presently 18.27%.

Twenty-First Century Fox Inc Class A Profile

Twenty-First Century Fox, Inc, together with its subsidiaries, operates as a diversified media and entertainment company primarily in the United States, the United Kingdom, Continental Europe, Asia, and Latin America. It operates through Cable Network Programming, Television, and Filmed Entertainment segments.

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

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