Twenty-First Century Fox Inc (FOXA) Stake Increased by QS Investors LLC

QS Investors LLC raised its position in Twenty-First Century Fox Inc (NASDAQ:FOXA) by 107.0% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 42,403 shares of the company’s stock after acquiring an additional 21,923 shares during the period. QS Investors LLC’s holdings in Twenty-First Century Fox were worth $2,041,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. Whittier Trust Co. increased its holdings in shares of Twenty-First Century Fox by 6.6% in the 4th quarter. Whittier Trust Co. now owns 3,329 shares of the company’s stock valued at $160,000 after purchasing an additional 205 shares in the last quarter. Aspiriant LLC increased its holdings in Twenty-First Century Fox by 3.8% during the 4th quarter. Aspiriant LLC now owns 7,379 shares of the company’s stock valued at $355,000 after acquiring an additional 269 shares in the last quarter. Heritage Way Advisors LLC increased its holdings in Twenty-First Century Fox by 0.5% during the 4th quarter. Heritage Way Advisors LLC now owns 64,013 shares of the company’s stock valued at $3,080,000 after acquiring an additional 313 shares in the last quarter. D.A. Davidson & CO. increased its holdings in Twenty-First Century Fox by 6.4% during the 4th quarter. D.A. Davidson & CO. now owns 6,137 shares of the company’s stock valued at $295,000 after acquiring an additional 370 shares in the last quarter. Finally, Parallel Advisors LLC increased its holdings in Twenty-First Century Fox by 10.5% during the 4th quarter. Parallel Advisors LLC now owns 3,927 shares of the company’s stock valued at $189,000 after acquiring an additional 372 shares in the last quarter. Institutional investors own 49.69% of the company’s stock.

Shares of NASDAQ FOXA opened at $40.34 on Wednesday. The stock has a market cap of $95.37 billion, a PE ratio of 20.48, a PEG ratio of 2.22 and a beta of 0.97. Twenty-First Century Fox Inc has a 12 month low of $38.00 and a 12 month high of $41.95. The company has a quick ratio of 3.79, a current ratio of 4.29 and a debt-to-equity ratio of 0.55.

Twenty-First Century Fox (NASDAQ:FOXA) last issued its quarterly earnings results on Wednesday, February 6th. The company reported $0.37 EPS for the quarter, topping analysts’ consensus estimates of $0.32 by $0.05. The business had revenue of $8.50 billion during the quarter, compared to the consensus estimate of $8.47 billion. Twenty-First Century Fox had a net margin of 44.71% and a return on equity of 15.09%. The company’s quarterly revenue was up 5.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.42 earnings per share. On average, research analysts predict that Twenty-First Century Fox Inc will post 1.99 earnings per share for the current fiscal year.

The company 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 dividend of $0.18 per share. The ex-dividend date of this dividend is Friday, April 5th. This represents a dividend yield of 0.73%. Twenty-First Century Fox’s dividend payout ratio (DPR) is presently 18.27%.

Several research firms have weighed in on FOXA. Buckingham Research raised their target price on shares of Twenty-First Century Fox from $52.00 to $54.00 and gave the company a “buy” rating in a report on Monday, February 25th. Societe Generale downgraded shares of Twenty-First Century Fox from a “hold” rating to a “sell” rating in a report on Thursday, January 24th. Zacks Investment Research upgraded shares of Twenty-First Century Fox from a “sell” rating to a “hold” rating in a report on Wednesday, November 28th. UBS Group raised their target price on shares of Twenty-First Century Fox to $52.00 and gave the company a “neutral” rating in a report on Wednesday, March 13th. Finally, Moffett Nathanson began coverage on shares of Twenty-First Century Fox in a report on Friday, March 15th. They set a “buy” rating and a $51.00 target price for the company. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and fifteen have given a buy rating to the stock. The company has an average rating of “Buy” and a consensus price target of $51.00.

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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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