Twenty-First Century Fox Sees Unusually High Options Volume (FOXA)

Twenty-First Century Fox, Inc. (NASDAQ:FOXA) saw unusually large options trading on Tuesday. Stock investors bought 5,194 call options on the company. This represents an increase of approximately Infinity compared to the average volume of 0 call options.

Shares of Twenty-First Century Fox (NASDAQ FOXA) opened at $28.84 on Friday. Twenty-First Century Fox has a 12 month low of $24.81 and a 12 month high of $32.60. The company has a market capitalization of $53,384.46, a PE ratio of 15.02, a PEG ratio of 1.95 and a beta of 1.26. 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:FOXA) last announced its quarterly earnings results on Wednesday, November 8th. The company reported $0.49 EPS for the quarter, beating the Zacks’ consensus estimate of $0.48 by $0.01. Twenty-First Century Fox had a return on equity of 21.41% and a net margin of 10.30%. The firm had revenue of $7 billion for the quarter, compared to analyst estimates of $6.80 billion. During the same period last year, the firm posted $0.51 earnings per share. The business’s revenue for the quarter was up 7.6% on a year-over-year basis. sell-side analysts anticipate that Twenty-First Century Fox will post 1.98 EPS for the current fiscal year.

Several institutional investors have recently bought and sold shares of the stock. Capital Research Global Investors lifted its stake in shares of Twenty-First Century Fox by 20.2% in the second quarter. Capital Research Global Investors now owns 85,581,646 shares of the company’s stock worth $2,425,384,000 after acquiring an additional 14,398,422 shares during the period. Vanguard Group Inc. lifted its stake in shares of Twenty-First Century Fox by 0.4% in the second quarter. Vanguard Group Inc. now owns 67,589,972 shares of the company’s stock worth $1,915,500,000 after acquiring an additional 287,817 shares during the period. BlackRock Inc. lifted its stake in shares of Twenty-First Century Fox by 2.5% in the second quarter. BlackRock Inc. now owns 59,202,463 shares of the company’s stock worth $1,677,798,000 after acquiring an additional 1,432,981 shares during the period. Independent Franchise Partners LLP lifted its stake in shares of Twenty-First Century Fox by 7.7% in the third quarter. Independent Franchise Partners LLP now owns 28,394,638 shares of the company’s stock worth $749,050,000 after acquiring an additional 2,039,154 shares during the period. Finally, JPMorgan Chase & Co. lifted its stake in shares of Twenty-First Century Fox by 8.7% in the second quarter. JPMorgan Chase & Co. now owns 26,630,790 shares of the company’s stock worth $754,718,000 after acquiring an additional 2,140,568 shares during the period. 53.56% of the stock is currently owned by institutional investors.

A number of research analysts recently commented on FOXA shares. Sanford C. Bernstein restated a “market perform” rating on shares of Twenty-First Century Fox in a research report on Tuesday, September 12th. KeyCorp restated a “buy” rating and issued a $35.00 price target on shares of Twenty-First Century Fox in a research report on Sunday, September 10th. Credit Suisse Group restated an “outperform” rating and issued a $35.00 price target (down previously from $37.00) on shares of Twenty-First Century Fox in a research report on Thursday, October 12th. ValuEngine cut Twenty-First Century Fox from a “buy” rating to a “hold” rating in a research report on Friday, September 1st. Finally, Jefferies Group LLC restated a “buy” rating and issued a $35.00 price target on shares of Twenty-First Century Fox in a research report on Saturday, July 22nd. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and eighteen have given a buy rating to the company. The company currently has an average rating of “Buy” and an average price target of $33.40.

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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.

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