CIBC World Markets Inc. acquired a new position in shares of Twenty-First Century Fox Inc (NASDAQ:FOX) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 78,000 shares of the company’s stock, valued at approximately $2,661,000.
A number of other institutional investors also recently modified their holdings of the business. SOL Capital Management CO bought a new stake in Twenty-First Century Fox in the 4th quarter valued at $205,000. Mutual of America Capital Management LLC boosted its holdings in Twenty-First Century Fox by 15.2% in the 4th quarter. Mutual of America Capital Management LLC now owns 57,283 shares of the company’s stock valued at $1,954,000 after purchasing an additional 7,556 shares during the period. Dupont Capital Management Corp boosted its holdings in Twenty-First Century Fox by 134.8% in the 4th quarter. Dupont Capital Management Corp now owns 4,736 shares of the company’s stock valued at $162,000 after purchasing an additional 2,719 shares during the period. Telos Capital Management Inc. bought a new stake in Twenty-First Century Fox in the 4th quarter valued at $217,000. Finally, Price Wealth Management Inc. bought a new stake in Twenty-First Century Fox in the 4th quarter valued at $733,000. 23.33% of the stock is owned by hedge funds and other institutional investors.
A number of analysts have weighed in on FOX shares. BidaskClub downgraded shares of Twenty-First Century Fox from a “sell” rating to a “strong sell” rating in a report on Saturday, November 4th. OTR Global upgraded shares of Twenty-First Century Fox to a “positive” rating in a research note on Monday, October 30th. One research analyst has rated the stock with a hold rating and three have given a buy rating to the stock. Twenty-First Century Fox has a consensus rating of “Buy” and a consensus target price of $34.00.
Twenty-First Century Fox (NASDAQ:FOX) last announced its quarterly earnings data on Wednesday, November 8th. The company reported $0.49 earnings per share (EPS) for the quarter. Twenty-First Century Fox had a net margin of 10.30% and a return on equity of 21.42%.
In other news, EVP Gerson Zweifach sold 110,728 shares of the stock in a transaction on Monday, December 18th. The shares were sold at an average price of $34.90, for a total value 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 sale was disclosed in a filing with the SEC, which is available at this link. Corporate insiders own 39.40% of the company’s stock.
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.
Want to see what other hedge funds are holding FOX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Twenty-First Century Fox Inc (NASDAQ:FOX).
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.