Twenty-First Century Fox, Inc. (NASDAQ:FOX) Shares Bought by Shell Asset Management Co.

Shell Asset Management Co. lifted its stake in Twenty-First Century Fox, Inc. (NASDAQ:FOX) by 123.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 67,091 shares of the company’s stock after purchasing an additional 37,071 shares during the quarter. Shell Asset Management Co.’s holdings in Twenty-First Century Fox were worth $2,235,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also modified their holdings of the company. Vanguard Group Inc. grew its stake in shares of Twenty-First Century Fox by 3.7% during the 2nd quarter. Vanguard Group Inc. now owns 30,550,996 shares of the company’s stock valued at $851,456,000 after acquiring an additional 1,077,197 shares during the period. Yacktman Asset Management LP grew its stake in shares of Twenty-First Century Fox by 2.7% during the 2nd quarter. Yacktman Asset Management LP now owns 27,294,255 shares of the company’s stock valued at $760,691,000 after acquiring an additional 709,760 shares during the period. Diamond Hill Capital Management Inc. grew its stake in shares of Twenty-First Century Fox by 4.6% during the 2nd quarter. Diamond Hill Capital Management Inc. now owns 6,969,671 shares of the company’s stock valued at $194,245,000 after acquiring an additional 304,462 shares during the period. The Manufacturers Life Insurance Company boosted its stake in Twenty-First Century Fox by 185.9% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 5,128,361 shares of the company’s stock worth $142,927,000 after purchasing an additional 3,334,740 shares during the period. Finally, Vaughan Nelson Investment Management L.P. boosted its stake in Twenty-First Century Fox by 49.3% in the 2nd quarter. Vaughan Nelson Investment Management L.P. now owns 3,102,376 shares of the company’s stock worth $86,463,000 after purchasing an additional 1,024,030 shares during the period. 23.24% of the stock is owned by institutional investors and hedge funds.

A number of research analysts have recently commented on the company. BidaskClub downgraded Twenty-First Century Fox from a “sell” rating to a “strong sell” rating in a research report on Saturday, November 4th. TheStreet upgraded Twenty-First Century Fox from a “c+” rating to a “b-” rating in a report on Friday, August 4th. Finally, OTR Global upgraded Twenty-First Century Fox to a “positive” rating in a report on Monday, October 30th. One research analyst has rated the stock with a sell rating, one has given a hold rating and two have issued a buy rating to the company’s stock. Twenty-First Century Fox currently has a consensus rating of “Hold” and an average target price of $34.00.

In other news, Director David F. Devoe sold 30,149 shares of the business’s stock in a transaction that occurred on Tuesday, August 15th. The stock was sold at an average price of $28.01, for a total value of $844,473.49. Following the completion of the sale, the director now directly owns 55,647 shares in the company, valued at $1,558,672.47. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO James R. Murdoch sold 111,713 shares of the business’s stock in a transaction on Tuesday, August 15th. The stock was sold at an average price of $27.94, for a total value of $3,121,261.22. Following the transaction, the chief executive officer now directly owns 234,236 shares in the company, valued at approximately $6,544,553.84. The disclosure for this sale can be found here. Company insiders own 39.40% of the company’s stock.

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Shares of Twenty-First Century Fox, Inc. (FOX) traded down $0.06 during mid-day trading on Friday, reaching $28.07. The company had a trading volume of 4,557,600 shares, compared to its average volume of 2,667,853. Twenty-First Century Fox, Inc. has a 12 month low of $24.30 and a 12 month high of $31.94. The company has a market capitalization of $52,070.20, a P/E ratio of 14.65 and a beta of 1.18. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.82 and a current ratio of 2.08.

Twenty-First Century Fox (NASDAQ:FOX) last issued its quarterly earnings results on Wednesday, August 9th. The company reported $0.36 earnings per share for the quarter, missing the consensus estimate of $0.37 by ($0.01). Twenty-First Century Fox had a return on equity of 21.42% and a net margin of 10.30%. The business had revenue of $6.75 billion during the quarter. During the same period in the previous year, the company posted $0.45 earnings per share.

Twenty-First Century Fox Company Profile

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.

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

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