Advisor Group Inc. lowered its stake in shares of Twenty-First Century Fox Inc (NASDAQ:FOXA) by 28.2% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 23,670 shares of the company’s stock after selling 9,298 shares during the period. Advisor Group Inc.’s holdings in Twenty-First Century Fox were worth $1,141,000 as of its most recent filing with the SEC.
Several other institutional investors and hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. raised its position in shares of Twenty-First Century Fox by 47.2% during the third quarter. Vanguard Group Inc. now owns 106,152,247 shares of the company’s stock valued at $4,901,046,000 after buying an additional 34,038,507 shares during the last quarter. Vanguard Group Inc increased its stake in Twenty-First Century Fox by 1.0% in the third quarter. Vanguard Group Inc now owns 72,845,313 shares of the company’s stock valued at $3,374,922,000 after acquiring an additional 731,573 shares during the period. BlackRock Inc. increased its stake in Twenty-First Century Fox by 4.0% in the third quarter. BlackRock Inc. now owns 62,450,677 shares of the company’s stock valued at $2,893,340,000 after acquiring an additional 2,385,303 shares during the period. Baupost Group LLC MA increased its stake in Twenty-First Century Fox by 31.9% in the third quarter. Baupost Group LLC MA now owns 52,001,167 shares of the company’s stock valued at $2,409,214,000 after acquiring an additional 12,585,338 shares during the period. Finally, Independent Franchise Partners LLP increased its stake in Twenty-First Century Fox by 11.0% in the third quarter. Independent Franchise Partners LLP now owns 28,962,748 shares of the company’s stock valued at $1,341,844,000 after acquiring an additional 2,880,981 shares during the period. 49.79% of the stock is owned by institutional investors and hedge funds.
Shares of Twenty-First Century Fox stock opened at $51.70 on Friday. The company has a current ratio of 4.29, a quick ratio of 3.79 and a debt-to-equity ratio of 0.55. The stock has a market cap of $94.48 billion, a price-to-earnings ratio of 26.24, a PEG ratio of 2.21 and a beta of 0.97. Twenty-First Century Fox Inc has a 1-year low of $35.40 and a 1-year high of $51.95.
Twenty-First Century Fox (NASDAQ:FOXA) last issued its quarterly earnings data on Wednesday, February 6th. The company reported $0.37 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.32 by $0.05. The firm had revenue of $8.50 billion for the quarter, compared to analysts’ expectations of $8.47 billion. Twenty-First Century Fox had a net margin of 44.71% and a return on equity of 15.09%. The company’s quarterly revenue was up 5.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.42 earnings per share. As a group, equities analysts anticipate that Twenty-First Century Fox Inc will post 1.98 EPS for the current year.
The company also recently disclosed a semiannual dividend, which will be paid on Tuesday, April 16th. Shareholders of record on Monday, April 8th will be paid a dividend of $0.18 per share. The ex-dividend date is Friday, April 5th. This represents a yield of 0.73%. Twenty-First Century Fox’s dividend payout ratio is 18.27%.
A number of analysts recently weighed in on FOXA shares. Zacks Investment Research raised shares of Twenty-First Century Fox from a “hold” rating to a “buy” rating and set a $54.00 target price on the stock in a research note on Tuesday, January 8th. Gabelli reissued a “buy” rating on shares of Twenty-First Century Fox in a research note on Tuesday, November 27th. Societe Generale cut shares of Twenty-First Century Fox from a “hold” rating to a “sell” rating in a research note on Thursday, January 24th. Vertical Group raised shares of Twenty-First Century Fox from a “hold” rating to a “buy” rating in a research note on Monday, February 4th. Finally, Buckingham Research upped their target price on shares of Twenty-First Century Fox from $52.00 to $54.00 and gave the company a “buy” rating in a research note on Monday, February 25th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and thirteen have issued a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus price target of $51.00.
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About Twenty-First Century Fox
Twenty-First Century Fox, Inc operates as a diversified media and entertainment company primarily in the United States and Canada, Europe, and internationally. It operates through Cable Network Programming, Television, and Filmed Entertainment segments. The company produces and licenses news, business news, sports, general entertainment, factual entertainment, and movie programming for distribution primarily through cable television systems, direct broadcast satellite operators, telecommunication companies, and online video distributors.
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