CIBC World Markets Inc. Takes $2.66 Million Position in Twenty-First Century Fox Inc (FOX)

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 Inc (NASDAQ:FOX) opened at $36.22 on Friday. Twenty-First Century Fox Inc has a one year low of $24.30 and a one year high of $38.56. The stock has a market cap of $66,720.00, a price-to-earnings ratio of 22.36 and a beta of 1.36. The company has a quick ratio of 1.73, a current ratio of 2.08 and a debt-to-equity ratio of 1.09.

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.

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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:FOX)

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