Twenty-First Century Fox, Inc. (NASDAQ:FOXA) Shares Bought by Rhumbline Advisers

Rhumbline Advisers boosted its position in shares of Twenty-First Century Fox, Inc. (NASDAQ:FOXA) by 1.6% during the second quarter, according to its most recent filing with the SEC. The institutional investor owned 1,841,857 shares of the company’s stock after buying an additional 29,374 shares during the period. Rhumbline Advisers’ holdings in Twenty-First Century Fox were worth $52,198,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. State of Alaska Department of Revenue bought a new position in Twenty-First Century Fox during the first quarter worth about $134,000. Oakbrook Investments LLC boosted its position in Twenty-First Century Fox by 91.9% in the first quarter. Oakbrook Investments LLC now owns 146,000 shares of the company’s stock worth $4,729,000 after buying an additional 69,900 shares during the period. Hartford Financial Management Inc. boosted its position in Twenty-First Century Fox by 2.4% in the first quarter. Hartford Financial Management Inc. now owns 46,575 shares of the company’s stock worth $1,508,000 after buying an additional 1,108 shares during the period. Quantitative Systematic Strategies LLC bought a new position in Twenty-First Century Fox during the first quarter worth about $1,811,000. Finally, DnB Asset Management AS boosted its position in Twenty-First Century Fox by 7.3% in the first quarter. DnB Asset Management AS now owns 117,150 shares of the company’s stock worth $3,794,000 after buying an additional 8,000 shares during the period. 53.96% of the stock is currently owned by institutional investors and hedge funds.

Twenty-First Century Fox, Inc. (NASDAQ FOXA) traded up 1.18% during midday trading on Friday, reaching $28.21. 439,298 shares of the company’s stock traded hands. The firm has a market cap of $52.30 billion, a PE ratio of 17.73 and a beta of 1.27. Twenty-First Century Fox, Inc. has a 52-week low of $23.33 and a 52-week high of $32.60. The firm’s 50-day moving average is $28.13 and its 200 day moving average is $29.37.

Twenty-First Century Fox (NASDAQ:FOXA) last issued its quarterly earnings data on Wednesday, August 9th. The company reported $0.36 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.35 by $0.01. The company had revenue of $6.75 billion for the quarter, compared to the consensus estimate of $6.79 billion. Twenty-First Century Fox had a net margin of 10.36% and a return on equity of 22.94%. The firm’s revenue for the quarter was up 1.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.45 earnings per share. Equities research analysts expect that Twenty-First Century Fox, Inc. will post $2.03 earnings per share for the current fiscal year.

The business also recently disclosed a semiannual dividend, which will be paid on Wednesday, October 18th. Investors of record on Wednesday, September 13th will be given a dividend of $0.18 per share. The ex-dividend date is Tuesday, September 12th. This represents a yield of 1.29%. Twenty-First Century Fox’s dividend payout ratio (DPR) is 22.64%.

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A number of equities analysts have recently issued reports on the stock. Pivotal Research reissued a “buy” rating and set a $37.00 price objective (up previously from $36.00) on shares of Twenty-First Century Fox in a research report on Sunday, April 23rd. Guggenheim reissued a “buy” rating and set a $35.00 price objective (up previously from $34.00) on shares of Twenty-First Century Fox in a research report on Friday, April 14th. Royal Bank Of Canada set a $33.00 price objective on shares of Twenty-First Century Fox and gave the stock a “buy” rating in a research report on Monday, June 12th. Credit Suisse Group reissued a “buy” rating on shares of Twenty-First Century Fox in a research report on Thursday, August 3rd. Finally, Needham & Company LLC reissued a “hold” rating on shares of Twenty-First Century Fox in a research report on Thursday, May 11th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and nineteen have assigned a buy rating to the company. Twenty-First Century Fox presently has a consensus rating of “Buy” and a consensus target price of $33.23.

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

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