Twenty-First Century Fox, Inc. (FOX) Position Cut by Great West Life Assurance Co. Can

Great West Life Assurance Co. Can decreased its stake in shares of Twenty-First Century Fox, Inc. (NASDAQ:FOX) by 2.9% during the second quarter, Holdings Channel reports. The firm owned 319,980 shares of the company’s stock after selling 9,464 shares during the period. Great West Life Assurance Co. Can’s holdings in Twenty-First Century Fox were worth $8,904,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. NGAM Advisors L.P. boosted its position in shares of Twenty-First Century Fox by 44.5% in the second quarter. NGAM Advisors L.P. now owns 703,105 shares of the company’s stock valued at $19,595,000 after buying an additional 216,460 shares during the period. Diamond Hill Capital Management Inc. boosted its position in shares of Twenty-First Century Fox by 4.6% in the second quarter. Diamond Hill Capital Management Inc. now owns 6,969,671 shares of the company’s stock valued at $194,245,000 after buying an additional 304,462 shares during the period. ING Groep NV boosted its position in shares of Twenty-First Century Fox by 0.5% in the second quarter. ING Groep NV now owns 150,578 shares of the company’s stock valued at $4,197,000 after buying an additional 750 shares during the period. Breton Hill Capital Ltd. bought a new position in shares of Twenty-First Century Fox during the second quarter valued at $326,000. Finally, SeaBridge Investment Advisors LLC boosted its position in shares of Twenty-First Century Fox by 30.9% in the second quarter. SeaBridge Investment Advisors LLC now owns 42,403 shares of the company’s stock valued at $1,182,000 after buying an additional 10,013 shares during the period. Institutional investors and hedge funds own 23.18% of the company’s stock.

Shares of Twenty-First Century Fox, Inc. (NASDAQ FOX) opened at 27.84 on Friday. Twenty-First Century Fox, Inc. has a 1-year low of $23.88 and a 1-year high of $31.94. The company has a market capitalization of $51.62 billion, a PE ratio of 17.50 and a beta of 1.19. The stock’s 50 day moving average price is $27.84 and its 200-day moving average price is $28.95.

Twenty-First Century Fox (NASDAQ:FOX) last posted its quarterly earnings data on Wednesday, August 9th. The company reported $0.36 EPS for the quarter, missing the consensus estimate of $0.37 by $0.01. Twenty-First Century Fox had a return on equity of 22.47% and a net margin of 10.36%. The company had revenue of $6.75 billion during the quarter. During the same quarter in the prior year, the business earned $0.45 earnings per share. On average, equities analysts predict that Twenty-First Century Fox, Inc. will post $2.05 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 18th. Stockholders of record on Wednesday, September 13th will be paid a $0.18 dividend. This represents a $0.72 annualized dividend and a dividend yield of 2.59%. The ex-dividend date of this dividend is Tuesday, September 12th. Twenty-First Century Fox’s dividend payout ratio (DPR) is currently 22.64%.

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Several equities analysts have weighed in on the company. BidaskClub cut Twenty-First Century Fox from a “sell” rating to a “strong sell” rating in a research note on Thursday. TheStreet upgraded Twenty-First Century Fox from a “c+” rating to a “b-” rating in a research note on Friday, August 4th. Finally, Zacks Investment Research upgraded Twenty-First Century Fox from a “sell” rating to a “buy” rating and set a $31.00 target price on the stock in a research note on Tuesday, June 13th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of $32.50.

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.

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

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