Axa Sells 22,700 Shares of Twenty-First Century Fox Inc (NASDAQ:FOXA)

AXA trimmed its holdings in shares of Twenty-First Century Fox Inc (NASDAQ:FOXA) by 5.7% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 374,612 shares of the company’s stock after selling 22,700 shares during the period. AXA’s holdings in Twenty-First Century Fox were worth $9,883,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also bought and sold shares of FOXA. Capital Research Global Investors raised its position in Twenty-First Century Fox by 20.2% during the second 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 period. Barrow Hanley Mewhinney & Strauss LLC raised its position in Twenty-First Century Fox by 8.8% during the third quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 37,460,118 shares of the company’s stock valued at $988,198,000 after buying an additional 3,018,013 shares during the period. Northern Trust Corp raised its position in Twenty-First Century Fox by 17.4% during the second quarter. Northern Trust Corp now owns 17,652,970 shares of the company’s stock valued at $500,285,000 after buying an additional 2,621,748 shares during the period. JPMorgan Chase & Co. raised its position in 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 valued at $754,718,000 after buying an additional 2,140,568 shares during the period. Finally, Independent Franchise Partners LLP raised its position in 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 valued at $749,050,000 after buying an additional 2,039,154 shares during the period. 54.41% of the stock is currently owned by hedge funds and other institutional investors.

Several research analysts recently weighed in on the company. Wells Fargo & Co raised Twenty-First Century Fox to a “market weight” rating in a research report on Thursday, January 4th. Pivotal Research lowered Twenty-First Century Fox from a “buy” rating to a “hold” rating and upped their target price for the stock from $37.00 to $38.00 in a research report on Tuesday. Royal Bank of Canada upped their target price on Twenty-First Century Fox to $43.00 and gave the stock an “outperform” rating in a research report on Wednesday, January 3rd. They noted that the move was a valuation call. Cowen reaffirmed a “hold” rating and issued a $37.00 target price on shares of Twenty-First Century Fox in a research report on Friday, December 22nd. Finally, Jefferies Group upped their target price on Twenty-First Century Fox from $30.00 to $43.00 and gave the stock a “buy” rating in a research report on Friday, December 22nd. Two equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and thirteen have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of $35.84.

Twenty-First Century Fox Inc (NASDAQ:FOXA) traded up $0.53 on Friday, hitting $36.73. The stock had a trading volume of 6,697,976 shares, compared to its average volume of 10,814,230. The company has a market cap of $67,061.52, a P/E ratio of 22.81, a PEG ratio of 2.19 and a beta of 1.34. Twenty-First Century Fox Inc has a 52 week low of $24.81 and a 52 week high of $36.96. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.73 and a current ratio of 2.08.

Twenty-First Century Fox (NASDAQ:FOXA) last released its quarterly earnings results on Wednesday, November 8th. The company reported $0.49 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.48 by $0.01. The company had revenue of $7 billion during the quarter, compared to the consensus estimate of $6.80 billion. Twenty-First Century Fox had a return on equity of 21.41% and a net margin of 10.30%. The firm’s revenue was up 7.6% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.51 EPS. research analysts predict that Twenty-First Century Fox Inc will post 1.98 EPS for the current year.

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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.

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

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