Cubist Systematic Strategies LLC Grows Holdings in Twenty-First Century Fox Inc (NASDAQ:FOXA)

Cubist Systematic Strategies LLC raised its stake in shares of Twenty-First Century Fox Inc (NASDAQ:FOXA) by 1,100.8% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 20,413 shares of the company’s stock after buying an additional 18,713 shares during the quarter. Cubist Systematic Strategies LLC’s holdings in Twenty-First Century Fox were worth $538,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the business. Capital Research Global Investors grew its holdings in Twenty-First Century Fox by 20.2% during the 2nd quarter. Capital Research Global Investors now owns 85,581,646 shares of the company’s stock valued at $2,425,384,000 after buying an additional 14,398,422 shares during the last quarter. Vanguard Group Inc. boosted its holdings in shares of Twenty-First Century Fox by 0.4% during the second quarter. Vanguard Group Inc. now owns 67,589,972 shares of the company’s stock worth $1,915,500,000 after purchasing an additional 287,817 shares during the last quarter. BlackRock Inc. boosted its holdings in shares of Twenty-First Century Fox by 2.5% during the second quarter. BlackRock Inc. now owns 59,202,463 shares of the company’s stock worth $1,677,798,000 after purchasing an additional 1,432,981 shares during the last quarter. Independent Franchise Partners LLP boosted its holdings in shares of Twenty-First Century Fox by 7.7% during the third quarter. Independent Franchise Partners LLP now owns 28,394,638 shares of the company’s stock worth $749,050,000 after purchasing an additional 2,039,154 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its holdings in shares of Twenty-First Century Fox by 8.7% during the second quarter. JPMorgan Chase & Co. now owns 26,630,790 shares of the company’s stock worth $754,718,000 after purchasing an additional 2,140,568 shares during the last quarter. Hedge funds and other institutional investors own 54.41% of the company’s stock.

Twenty-First Century Fox Inc (NASDAQ FOXA) opened at $36.20 on Friday. Twenty-First Century Fox Inc has a fifty-two week low of $24.81 and a fifty-two week high of $36.96. The firm has a market capitalization of $66,830.00, a price-to-earnings ratio of 22.35, a P/E/G ratio of 2.22 and a beta of 1.44. The company has a debt-to-equity ratio of 1.09, a current ratio of 2.08 and a quick ratio of 1.73.

Twenty-First Century Fox (NASDAQ:FOXA) last issued its earnings results on Wednesday, November 8th. The company reported $0.49 earnings per share 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 analysts’ expectations of $6.80 billion. During the same quarter last year, the firm earned $0.51 earnings per share. The firm’s revenue for the quarter was up 7.6% compared to the same quarter last year. equities analysts forecast that Twenty-First Century Fox Inc will post 1.98 EPS for the current fiscal year.

Several research firms have recently issued reports on FOXA. B. Riley restated a “neutral” rating on shares of Twenty-First Century Fox in a report on Wednesday, November 1st. Jefferies Group restated a “buy” rating and set a $35.00 price objective on shares of Twenty-First Century Fox in a report on Tuesday, September 26th. Piper Jaffray Companies restated a “buy” rating on shares of Twenty-First Century Fox in a report on Tuesday, September 26th. Royal Bank of Canada raised their price objective on Twenty-First Century Fox to $43.00 and gave the stock an “outperform” rating in a report on Wednesday, January 3rd. They noted that the move was a valuation call. Finally, Pivotal Research cut Twenty-First Century Fox from a “buy” rating to a “hold” rating and raised their price objective for the stock from $37.00 to $38.00 in a report on Tuesday. Two research analysts have rated the stock with a sell rating, nine have given a hold rating and thirteen have issued a buy rating to the stock. Twenty-First Century Fox currently has an average rating of “Hold” and an average target price of $35.84.

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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.

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

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