Twenty-First Century Fox Inc (FOXA) Shares Bought by CNB Bank

CNB Bank increased its holdings in shares of Twenty-First Century Fox Inc (NASDAQ:FOXA) by 10.1% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 14,049 shares of the company’s stock after acquiring an additional 1,284 shares during the period. CNB Bank’s holdings in Twenty-First Century Fox were worth $676,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the stock. WINTON GROUP Ltd lifted its stake in shares of Twenty-First Century Fox by 194.8% during the 4th quarter. WINTON GROUP Ltd now owns 22,772 shares of the company’s stock worth $1,096,000 after acquiring an additional 15,047 shares during the last quarter. Oregon Public Employees Retirement Fund lifted its stake in shares of Twenty-First Century Fox by 5,167.7% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 14,853,970 shares of the company’s stock worth $309,000 after acquiring an additional 14,571,988 shares during the last quarter. Roosevelt Investment Group Inc. bought a new stake in shares of Twenty-First Century Fox during the 4th quarter worth approximately $627,000. Parallel Advisors LLC lifted its stake in shares of Twenty-First Century Fox by 10.5% during the 4th quarter. Parallel Advisors LLC now owns 3,927 shares of the company’s stock worth $189,000 after acquiring an additional 372 shares during the last quarter. Finally, Westside Investment Management Inc. bought a new stake in shares of Twenty-First Century Fox during the 4th quarter worth approximately $527,000. 51.72% of the stock is owned by hedge funds and other institutional investors.

A number of equities research analysts have weighed in on FOXA shares. Barclays started coverage on Twenty-First Century Fox in a research report on Friday, October 19th. They set an “overweight” rating for the company. Zacks Investment Research lowered Twenty-First Century Fox from a “buy” rating to a “hold” rating in a research report on Tuesday, January 15th. Gabelli reaffirmed a “buy” rating on shares of Twenty-First Century Fox in a research report on Tuesday, November 27th. Vertical Group raised Twenty-First Century Fox from a “hold” rating to a “buy” rating in a research report on Monday, February 4th. Finally, Wolfe Research started coverage on Twenty-First Century Fox in a research report on Friday, December 7th. They set an “outperform” rating for the company. One research analyst has rated the stock with a sell rating, five have issued a hold rating and thirteen have issued a buy rating to the company. The stock has an average rating of “Buy” and an average price target of $49.85.

Shares of NASDAQ FOXA opened at $49.54 on Wednesday. The company has a debt-to-equity ratio of 0.55, a current ratio of 4.29 and a quick ratio of 3.79. The firm has a market cap of $91.79 billion, a price-to-earnings ratio of 25.15, a PEG ratio of 2.72 and a beta of 0.98. Twenty-First Century Fox Inc has a twelve month low of $35.40 and a twelve month high of $50.15.

Twenty-First Century Fox (NASDAQ:FOXA) last issued its earnings results on Wednesday, February 6th. The company reported $0.37 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.32 by $0.05. The business had revenue of $8.50 billion during the quarter, compared to analyst estimates of $8.47 billion. Twenty-First Century Fox had a return on equity of 15.09% and a net margin of 44.71%. Twenty-First Century Fox’s revenue was up 5.7% on a year-over-year basis. During the same period in the previous year, the company posted $0.42 EPS. Research analysts expect that Twenty-First Century Fox Inc will post 1.97 earnings per share for the current fiscal year.

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

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Twenty-First Century Fox Company Profile

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.

Further Reading: What is the quiet period?

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

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