Cubist Systematic Strategies LLC Purchases 18,713 Shares of Twenty-First Century Fox Inc (FOXA)

Cubist Systematic Strategies LLC boosted its position in Twenty-First Century Fox Inc (NASDAQ:FOXA) by 1,100.8% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 20,413 shares of the company’s stock after purchasing an additional 18,713 shares during the quarter. Cubist Systematic Strategies LLC’s holdings in Twenty-First Century Fox were worth $538,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Mint Tower Capital Management B.V. bought a new position in Twenty-First Century Fox in the third quarter worth about $110,000. Rockefeller Financial Services Inc. acquired a new position in shares of Twenty-First Century Fox during the third quarter valued at about $113,000. Zions Bancorporation increased its holdings in shares of Twenty-First Century Fox by 86.4% during the third quarter. Zions Bancorporation now owns 4,911 shares of the company’s stock valued at $130,000 after acquiring an additional 2,276 shares in the last quarter. Stelac Advisory Services LLC acquired a new position in shares of Twenty-First Century Fox during the third quarter valued at about $150,000. Finally, Westside Investment Management Inc. increased its holdings in shares of Twenty-First Century Fox by 124.5% during the second quarter. Westside Investment Management Inc. now owns 6,816 shares of the company’s stock valued at $193,000 after acquiring an additional 3,780 shares in the last quarter. Institutional investors and hedge funds own 54.41% of the company’s stock.

Twenty-First Century Fox Inc (NASDAQ FOXA) opened at $34.55 on Thursday. Twenty-First Century Fox Inc has a fifty-two week low of $24.81 and a fifty-two week high of $35.86. The company has a debt-to-equity ratio of 1.09, a current ratio of 2.08 and a quick ratio of 1.73. The firm has a market cap of $63,750.00, a P/E ratio of 21.33, a P/E/G ratio of 2.13 and a beta of 1.44.

Twenty-First Century Fox (NASDAQ:FOXA) last issued its quarterly earnings results on Wednesday, November 8th. The company reported $0.49 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.48 by $0.01. Twenty-First Century Fox had a net margin of 10.30% and a return on equity of 21.41%. The company had revenue of $7 billion for the quarter, compared to the consensus estimate of $6.80 billion. During the same quarter in the prior year, the company earned $0.51 EPS. Twenty-First Century Fox’s quarterly revenue was up 7.6% on a year-over-year basis. analysts expect that Twenty-First Century Fox Inc will post 1.98 earnings per share for the current year.

FOXA has been the topic of several recent analyst reports. Credit Suisse Group restated an “outperform” rating and set a $35.00 price objective (down previously from $37.00) on shares of Twenty-First Century Fox in a report on Thursday, October 12th. Piper Jaffray Companies set a $40.00 price objective on shares of Twenty-First Century Fox and gave the company a “buy” rating in a report on Saturday, December 16th. KeyCorp restated a “buy” rating and set a $35.00 price objective on shares of Twenty-First Century Fox in a report on Sunday, November 19th. Rosenblatt Securities restated a “buy” rating and set a $40.00 price objective on shares of Twenty-First Century Fox in a report on Monday, December 4th. Finally, Cowen restated a “hold” rating and set a $37.00 price objective on shares of Twenty-First Century Fox in a report on Friday, December 22nd. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and fifteen have issued a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus price target of $35.21.

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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:FOXA)

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