Twenty-First Century Fox, Inc. (FOXA) Shares Sold by Cohen & Steers Inc.

Cohen & Steers Inc. lessened its holdings in shares of Twenty-First Century Fox, Inc. (NASDAQ:FOXA) by 40.2% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 428,737 shares of the company’s stock after selling 288,524 shares during the quarter. Cohen & Steers Inc.’s holdings in Twenty-First Century Fox were worth $11,310,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in FOXA. Mint Tower Capital Management B.V. acquired a new stake in shares of Twenty-First Century Fox during the 3rd quarter valued at about $110,000. Rockefeller Financial Services Inc. acquired a new stake in shares of Twenty-First Century Fox during the 3rd quarter valued at about $113,000. Global X Management Co. LLC lifted its holdings in shares of Twenty-First Century Fox by 9.7% during the 2nd quarter. Global X Management Co. LLC now owns 5,108 shares of the company’s stock valued at $145,000 after buying an additional 451 shares during the last quarter. Stelac Advisory Services LLC acquired a new stake in shares of Twenty-First Century Fox during the 3rd quarter valued at about $150,000. Finally, Westside Investment Management Inc. lifted its holdings in shares of Twenty-First Century Fox by 124.5% during the 2nd quarter. Westside Investment Management Inc. now owns 6,816 shares of the company’s stock valued at $193,000 after buying an additional 3,780 shares during the last quarter. 54.50% of the stock is currently owned by institutional investors.

Shares of Twenty-First Century Fox, Inc. (NASDAQ:FOXA) opened at $33.30 on Monday. Twenty-First Century Fox, Inc. has a 1-year low of $24.81 and a 1-year high of $34.75. The company has a quick ratio of 1.73, a current ratio of 2.08 and a debt-to-equity ratio of 1.09. The firm has a market capitalization of $61,689.18, a P/E ratio of 17.34, a P/E/G ratio of 2.29 and a beta of 1.34.

Twenty-First Century Fox (NASDAQ:FOXA) last posted its earnings results on Wednesday, November 8th. The company reported $0.49 earnings per share for the quarter, topping the Thomson Reuters’ 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 during the quarter, compared to analyst estimates of $6.80 billion. During the same period in the previous year, the company earned $0.51 EPS. The company’s revenue for the quarter was up 7.6% on a year-over-year basis. analysts predict that Twenty-First Century Fox, Inc. will post 1.98 earnings per share for the current year.

Several brokerages have recently issued reports on FOXA. B. Riley reiterated a “neutral” rating on shares of Twenty-First Century Fox in a report on Wednesday, November 1st. Wells Fargo & Company reiterated an “outperform” rating on shares of Twenty-First Century Fox in a report on Thursday. Jefferies Group reiterated a “buy” rating and set a $35.00 price target on shares of Twenty-First Century Fox in a report on Tuesday, September 26th. Rosenblatt Securities reiterated a “buy” rating and set a $40.00 price target on shares of Twenty-First Century Fox in a report on Monday, December 4th. Finally, Piper Jaffray Companies reiterated a “buy” rating on shares of Twenty-First Century Fox in a report on Tuesday, September 26th. One research analyst has rated the stock with a sell rating, six have given a hold rating and seventeen have given a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of $33.95.

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

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