BlueCrest Capital Management Ltd decreased its position in Twenty-First Century Fox, Inc. (NASDAQ:FOX) by 90.2% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,675 shares of the company’s stock after selling 107,160 shares during the quarter. BlueCrest Capital Management Ltd’s holdings in Twenty-First Century Fox were worth $325,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other large investors have also recently added to or reduced their stakes in FOX. Oppenheimer Asset Management Inc. purchased a new stake in Twenty-First Century Fox in the first quarter worth $105,000. Dupont Capital Management Corp purchased a new stake in Twenty-First Century Fox in the second quarter worth $122,000. Quantbot Technologies LP grew its stake in Twenty-First Century Fox by 139.2% in the second quarter. Quantbot Technologies LP now owns 4,418 shares of the company’s stock worth $123,000 after purchasing an additional 2,571 shares during the period. Elgethun Capital Management purchased a new stake in Twenty-First Century Fox in the second quarter worth $201,000. Finally, QS Investors LLC grew its stake in Twenty-First Century Fox by 58.5% in the second quarter. QS Investors LLC now owns 8,939 shares of the company’s stock worth $249,000 after purchasing an additional 3,300 shares during the period. Institutional investors own 23.28% of the company’s stock.
In related news, CEO James R. Murdoch sold 111,713 shares of the firm’s stock in a transaction dated Tuesday, August 15th. The shares were sold at an average price of $27.94, for a total value of $3,121,261.22. Following the completion of the sale, the chief executive officer now owns 234,236 shares in the company, valued at $6,544,553.84. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director David F. Devoe sold 30,149 shares of the firm’s stock in a transaction dated Tuesday, August 15th. The shares were sold at an average price of $28.01, for a total transaction of $844,473.49. Following the completion of the sale, the director now owns 55,647 shares of the company’s stock, valued at approximately $1,558,672.47. The disclosure for this sale can be found here. 39.40% of the stock is currently owned by company insiders.
A number of equities research analysts have recently commented on the company. BidaskClub raised Twenty-First Century Fox from a “strong sell” rating to a “sell” rating in a research note on Monday, July 31st. TheStreet raised Twenty-First Century Fox from a “c+” rating to a “b-” rating in a research note on Friday, August 4th.
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Shares of Twenty-First Century Fox, Inc. (FOX) traded up 0.19% on Friday, hitting $25.75. The stock had a trading volume of 2,326,395 shares. Twenty-First Century Fox, Inc. has a 12 month low of $24.78 and a 12 month high of $31.94. The company’s 50 day moving average price is $26.09 and its 200-day moving average price is $27.42. The company has a market cap of $47.66 billion, a P/E ratio of 16.24 and a beta of 1.18.
Twenty-First Century Fox (NASDAQ:FOX) last released its quarterly earnings results on Wednesday, August 9th. The company reported $0.36 EPS for the quarter, missing analysts’ consensus estimates of $0.37 by ($0.01). The firm had revenue of $6.75 billion for the quarter. Twenty-First Century Fox had a return on equity of 22.47% and a net margin of 10.36%. During the same quarter last year, the business earned $0.45 EPS. On average, analysts expect that Twenty-First Century Fox, Inc. will post $2.06 earnings per share for the current year.
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, October 18th. Stockholders of record on Wednesday, September 13th were paid a $0.18 dividend. This represents a $0.72 annualized dividend and a dividend yield of 2.80%. The ex-dividend date was Tuesday, September 12th. Twenty-First Century Fox’s payout ratio is currently 22.64%.
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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