Twenty-First Century Fox (FOX) Stock Rating Upgraded by BidaskClub

BidaskClub upgraded shares of Twenty-First Century Fox (NASDAQ:FOX) from a hold rating to a buy rating in a research report sent to investors on Friday morning.

Separately, OTR Global upgraded Twenty-First Century Fox to a positive rating in a research report on Monday, October 30th. One investment analyst has rated the stock with a hold rating and three have assigned a buy rating to the company. The stock has a consensus rating of Buy and an average price target of $34.00.

Shares of Twenty-First Century Fox (NASDAQ FOX) traded down $0.50 on Friday, hitting $35.85. The stock had a trading volume of 4,451,293 shares, compared to its average volume of 3,628,420. The firm has a market cap of $66,630.00, a price-to-earnings ratio of 22.13 and a beta of 1.37. The company has a current ratio of 2.08, a quick ratio of 1.73 and a debt-to-equity ratio of 1.09. Twenty-First Century Fox has a one year low of $24.30 and a one year high of $36.44.

In related news, EVP Gerson Zweifach sold 110,728 shares of the business’s stock in a transaction that occurred on Monday, December 18th. The stock was sold at an average price of $34.90, for a total transaction of $3,864,407.20. Following the completion of the transaction, the executive vice president now owns 36,007 shares in the company, valued at approximately $1,256,644.30. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 39.40% of the company’s stock.

A number of large investors have recently added to or reduced their stakes in FOX. Vaughan Nelson Investment Management L.P. boosted its position in Twenty-First Century Fox by 4.4% during the 3rd quarter. Vaughan Nelson Investment Management L.P. now owns 3,240,261 shares of the company’s stock worth $83,566,000 after acquiring an additional 137,885 shares during the period. BNP Paribas Arbitrage SA boosted its position in Twenty-First Century Fox by 30.9% during the 3rd quarter. BNP Paribas Arbitrage SA now owns 332,041 shares of the company’s stock worth $8,563,000 after acquiring an additional 78,317 shares during the period. Dynamic Technology Lab Private Ltd boosted its position in Twenty-First Century Fox by 676.2% during the 3rd quarter. Dynamic Technology Lab Private Ltd now owns 134,274 shares of the company’s stock worth $3,463,000 after acquiring an additional 116,974 shares during the period. Baupost Group LLC MA boosted its position in Twenty-First Century Fox by 1.5% during the 3rd quarter. Baupost Group LLC MA now owns 7,384,542 shares of the company’s stock worth $190,447,000 after acquiring an additional 106,442 shares during the period. Finally, Swiss National Bank boosted its position in Twenty-First Century Fox by 1.1% during the 3rd quarter. Swiss National Bank now owns 1,618,006 shares of the company’s stock worth $41,728,000 after acquiring an additional 17,900 shares during the period. Institutional investors and hedge funds own 23.40% of the company’s stock.

COPYRIGHT VIOLATION WARNING: “Twenty-First Century Fox (FOX) Stock Rating Upgraded by BidaskClub” was reported by Community Financial News and is the sole property of of Community Financial News. If you are accessing this piece on another website, it was stolen and reposted in violation of U.S. and international copyright and trademark legislation. The original version of this piece can be viewed at https://www.com-unik.info/2018/01/08/twenty-first-century-fox-fox-stock-rating-upgraded-by-bidaskclub.html.

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.

Receive News & Ratings for Twenty-First Century Fox Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Twenty-First Century Fox and related companies with MarketBeat.com's FREE daily email newsletter.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit