Twenty-First Century Fox Inc (FOXA) Shares Bought by Eaton Vance Management

Eaton Vance Management increased its position in Twenty-First Century Fox Inc (NASDAQ:FOXA) by 898.4% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 553,639 shares of the company’s stock after acquiring an additional 498,188 shares during the period. Eaton Vance Management’s holdings in Twenty-First Century Fox were worth $25,650,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently modified their holdings of the company. Arrowgrass Capital Partners US LP purchased a new position in Twenty-First Century Fox in the 2nd quarter worth $147,582,000. Busey Trust CO grew its position in Twenty-First Century Fox by 1.4% during the 3rd quarter. Busey Trust CO now owns 122,472 shares of the company’s stock worth $5,674,000 after purchasing an additional 1,748 shares during the period. Millennium Management LLC grew its position in Twenty-First Century Fox by 53.0% during the 2nd quarter. Millennium Management LLC now owns 929,836 shares of the company’s stock worth $46,204,000 after purchasing an additional 321,968 shares during the period. Silchester International Investors LLP grew its position in Twenty-First Century Fox by 22.2% during the 2nd quarter. Silchester International Investors LLP now owns 90,673 shares of the company’s stock worth $4,506,000 after purchasing an additional 16,467 shares during the period. Finally, Senator Investment Group LP acquired a new stake in Twenty-First Century Fox during the 2nd quarter worth about $238,415,000. Institutional investors own 52.93% of the company’s stock.

FOXA opened at $49.47 on Monday. The company has a debt-to-equity ratio of 0.84, a quick ratio of 1.96 and a current ratio of 2.45. Twenty-First Century Fox Inc has a 1-year low of $31.02 and a 1-year high of $50.15. The company has a market capitalization of $91.65 billion, a price-to-earnings ratio of 25.11, a price-to-earnings-growth ratio of 2.66 and a beta of 1.24.

Twenty-First Century Fox (NASDAQ:FOXA) last released its earnings results on Wednesday, November 7th. The company reported $0.52 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $0.52. Twenty-First Century Fox had a net margin of 16.01% and a return on equity of 18.01%. The business had revenue of $7.18 billion for the quarter, compared to analyst estimates of $7.23 billion. During the same period last year, the company posted $0.49 EPS. The business’s revenue was up 2.5% on a year-over-year basis. Sell-side analysts forecast that Twenty-First Century Fox Inc will post 1.99 EPS for the current fiscal year.

FOXA has been the topic of several analyst reports. Gabelli reaffirmed a “buy” rating on shares of Twenty-First Century Fox in a research report on Tuesday, November 27th. Buckingham Research cut their price target on Twenty-First Century Fox to $52.00 and set a “buy” rating on the stock in a research report on Tuesday, August 7th. Jefferies Financial Group reaffirmed a “buy” rating and set a $50.00 price target on shares of Twenty-First Century Fox in a research report on Friday, August 10th. ValuEngine downgraded Twenty-First Century Fox from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, August 28th. Finally, Cowen reaffirmed a “hold” rating and set a $49.00 price target on shares of Twenty-First Century Fox in a research report on Sunday, August 12th. Nine equities research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company. Twenty-First Century Fox currently has a consensus rating of “Buy” and an average target price of $46.75.

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About Twenty-First Century Fox

Twenty-First Century Fox, Inc operates as a diversified media and entertainment company primarily in the United States and Canada, Europe, and internationally. It operates through Cable Network Programming, Television, and Filmed Entertainment segments. The company produces and licenses news, business news, sports, general entertainment, factual entertainment, and movie programming for distribution primarily through cable television systems, direct broadcast satellite operators, telecommunication companies, and online video distributors.

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

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