Keybank National Association OH Acquires New Position in Twenty-First Century Fox Inc (FOX)

Keybank National Association OH acquired a new stake 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 (SEC). The institutional investor acquired 5,654 shares of the company’s stock, valued at approximately $270,000.

Several other large investors have also recently modified their holdings of the company. Vanguard Group Inc raised its stake in shares of Twenty-First Century Fox by 6.0% during the third quarter. Vanguard Group Inc now owns 33,306,934 shares of the company’s stock valued at $1,526,124,000 after acquiring an additional 1,872,422 shares during the last quarter. BlackRock Inc. raised its stake in shares of Twenty-First Century Fox by 3.9% during the third quarter. BlackRock Inc. now owns 28,512,722 shares of the company’s stock valued at $1,306,455,000 after acquiring an additional 1,072,983 shares during the last quarter. Yacktman Asset Management LP raised its stake in shares of Twenty-First Century Fox by 0.3% during the third quarter. Yacktman Asset Management LP now owns 21,281,413 shares of the company’s stock valued at $975,114,000 after acquiring an additional 64,791 shares during the last quarter. Baupost Group LLC MA raised its stake in shares of Twenty-First Century Fox by 27.3% during the third quarter. Baupost Group LLC MA now owns 17,320,922 shares of the company’s stock valued at $793,645,000 after acquiring an additional 3,714,662 shares during the last quarter. Finally, Morgan Stanley raised its stake in Twenty-First Century Fox by 0.6% in the third quarter. Morgan Stanley now owns 16,558,691 shares of the company’s stock worth $758,719,000 after buying an additional 95,137 shares in the last quarter. 24.07% of the stock is owned by hedge funds and other institutional investors.

A number of equities analysts recently issued reports on the stock. BidaskClub downgraded shares of Twenty-First Century Fox from a “buy” rating to a “hold” rating in a research note on Thursday, February 7th. Zacks Investment Research raised shares of Twenty-First Century Fox from a “hold” rating to a “buy” rating and set a $54.00 price target for the company in a research note on Thursday, January 24th. Finally, ValuEngine downgraded shares of Twenty-First Century Fox from a “buy” rating to a “hold” rating in a research note on Wednesday, November 21st.

FOX stock opened at $49.24 on Wednesday. Twenty-First Century Fox Inc has a 1 year low of $34.94 and a 1 year high of $49.65. The stock has a market capitalization of $91.18 billion, a P/E ratio of 24.99 and a beta of 0.94. The company has a quick ratio of 3.79, a current ratio of 4.29 and a debt-to-equity ratio of 0.55.

The business also recently declared a semiannual dividend, which will be paid on Tuesday, April 16th. Investors of record on Monday, April 8th will be paid a $0.18 dividend. This is an increase from Twenty-First Century Fox’s previous semiannual dividend of $0.15. This represents a yield of 0.73%. The ex-dividend date of this dividend is Friday, April 5th. Twenty-First Century Fox’s dividend payout ratio is presently 18.27%.

In other Twenty-First Century Fox news, EVP Gerson Zweifach sold 36,007 shares of the company’s stock in a transaction dated Friday, February 8th. The shares were sold at an average price of $49.41, for a total value of $1,779,105.87. Following the sale, the executive vice president now owns 38,740 shares in the company, valued at $1,914,143.40. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 39.40% of the stock is owned by corporate insiders.

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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:FOX)

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