Hartford Investment Management Co. Reduces Stake in Twenty-First Century Fox, Inc. (FOXA)

Hartford Investment Management Co. cut its position in Twenty-First Century Fox, Inc. (NASDAQ:FOXA) by 0.2% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 274,500 shares of the company’s stock after selling 563 shares during the period. Hartford Investment Management Co.’s holdings in Twenty-First Century Fox were worth $6,648,000 as of its most recent filing with the SEC.

Several other large investors have also recently added to or reduced their stakes in the company. Municipal Employees Retirement System of Michigan boosted its stake in Twenty-First Century Fox by 0.3% in the third quarter. Municipal Employees Retirement System of Michigan now owns 34,760 shares of the company’s stock worth $842,000 after buying an additional 110 shares in the last quarter. Quadrant Capital Group LLC boosted its stake in Twenty-First Century Fox by 2.4% in the second quarter. Quadrant Capital Group LLC now owns 6,713 shares of the company’s stock worth $171,000 after buying an additional 159 shares in the last quarter. Private Bank & Trust Co. boosted its stake in shares of Twenty-First Century Fox by 1.6% in the third quarter. Private Bank & Trust Co. now owns 11,250 shares of the company’s stock worth $272,000 after buying an additional 175 shares during the period. Mn Services Vermogensbeheer B.V. boosted its stake in shares of Twenty-First Century Fox by 0.8% in the third quarter. Mn Services Vermogensbeheer B.V. now owns 28,495 shares of the company’s stock worth $690,000 after buying an additional 215 shares during the period. Finally, MSI Financial Services Inc boosted its stake in shares of Twenty-First Century Fox by 4.0% in the third quarter. MSI Financial Services Inc now owns 7,432 shares of the company’s stock worth $180,000 after buying an additional 284 shares during the period. Institutional investors and hedge funds own 52.84% of the company’s stock.

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

Shares of Twenty-First Century Fox, Inc. (NASDAQ:FOXA) traded up 0.91% during trading on Wednesday, reaching $29.94. The company’s stock had a trading volume of 3,771,372 shares. The stock has a market capitalization of $55.55 billion, a price-to-earnings ratio of 19.79 and a beta of 1.29. The company’s 50-day moving average price is $28.17 and its 200 day moving average price is $26.39. Twenty-First Century Fox, Inc. has a 1-year low of $22.66 and a 1-year high of $31.25.

Twenty-First Century Fox (NASDAQ:FOXA) last released its earnings results on Wednesday, November 2nd. The company reported $0.51 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.44 by $0.07. The firm earned $6.51 billion during the quarter, compared to analyst estimates of $6.49 billion. Twenty-First Century Fox had a net margin of 10.45% and a return on equity of 23.28%. The business’s revenue was up 7.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.38 EPS. Analysts anticipate that Twenty-First Century Fox, Inc. will post $1.92 EPS for the current year.

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A number of brokerages have commented on FOXA. Stifel Nicolaus reiterated a “buy” rating on shares of Twenty-First Century Fox in a report on Saturday, December 10th. Wedbush lowered their target price on Twenty-First Century Fox from $33.00 to $31.00 and set an “outperform” rating on the stock in a report on Tuesday, December 13th. Brean Capital upgraded Twenty-First Century Fox from a “hold” rating to a “buy” rating and set a $33.00 target price on the stock in a report on Tuesday, December 13th. Zacks Investment Research upgraded Twenty-First Century Fox from a “hold” rating to a “buy” rating and set a $32.00 target price on the stock in a report on Wednesday, December 28th. Finally, Jefferies Group reiterated a “buy” rating and set a $35.00 target price (up previously from $32.00) on shares of Twenty-First Century Fox in a report on Tuesday, November 22nd. Ten research analysts have rated the stock with a hold rating and nineteen have assigned a buy rating to the company. Twenty-First Century Fox presently has an average rating of “Buy” and an average target price of $32.07.

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.

5 Day Chart for NASDAQ:FOXA

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