Oakbrook Investments LLC acquired a new stake in shares of Twenty-First Century Fox Inc (NASDAQ:FOXA) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 54,780 shares of the company’s stock, valued at approximately $1,892,000.
Other large investors have also recently modified their holdings of the company. Verition Fund Management LLC purchased a new position in Twenty-First Century Fox during the second quarter valued at approximately $365,000. Candriam Luxembourg S.C.A. grew its stake in Twenty-First Century Fox by 76.8% in the 3rd quarter. Candriam Luxembourg S.C.A. now owns 261,190 shares of the company’s stock worth $6,890,000 after buying an additional 113,484 shares in the last quarter. Fort L.P. grew its stake in Twenty-First Century Fox by 831.1% in the 3rd quarter. Fort L.P. now owns 274,233 shares of the company’s stock worth $7,234,000 after buying an additional 244,781 shares in the last quarter. KBC Group NV grew its stake in Twenty-First Century Fox by 0.6% in the 3rd quarter. KBC Group NV now owns 930,207 shares of the company’s stock worth $24,538,000 after buying an additional 5,364 shares in the last quarter. Finally, Norinchukin Bank The grew its stake in Twenty-First Century Fox by 7.0% in the 3rd quarter. Norinchukin Bank The now owns 176,071 shares of the company’s stock worth $4,645,000 after buying an additional 11,453 shares in the last quarter. 54.44% of the stock is owned by institutional investors.
A number of equities analysts have commented on FOXA shares. Jefferies Group reissued a “buy” rating and issued a $35.00 price target on shares of Twenty-First Century Fox in a research note on Tuesday, September 26th. Piper Jaffray Companies reissued a “buy” rating on shares of Twenty-First Century Fox in a research note on Tuesday, September 26th. Zacks Investment Research cut shares of Twenty-First Century Fox from a “hold” rating to a “strong sell” rating in a research note on Tuesday, October 10th. Guggenheim reissued a “buy” rating and issued a $35.00 price target on shares of Twenty-First Century Fox in a research note on Tuesday, October 10th. Finally, Credit Suisse Group reissued 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 note on Thursday, October 12th. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and fourteen have assigned a buy rating to the stock. Twenty-First Century Fox presently has a consensus rating of “Buy” and an average target price of $36.36.
Shares of Twenty-First Century Fox Inc (NASDAQ FOXA) opened at $36.18 on Friday. Twenty-First Century Fox Inc has a 12 month low of $24.81 and a 12 month high of $37.13. The stock has a market cap of $68,747.31, a price-to-earnings ratio of 22.47, a PEG ratio of 2.10 and a beta of 1.34. The company has a quick ratio of 1.73, a current ratio of 2.08 and a debt-to-equity ratio of 1.09.
Twenty-First Century Fox (NASDAQ:FOXA) last announced its quarterly earnings data on Wednesday, November 8th. The company reported $0.49 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.48 by $0.01. Twenty-First Century Fox had a net margin of 10.30% and a return on equity of 21.41%. The company had revenue of $7 billion during the quarter, compared to analysts’ expectations of $6.80 billion. During the same quarter in the prior year, the company earned $0.51 EPS. The firm’s revenue was up 7.6% on a year-over-year basis. analysts forecast that Twenty-First Century Fox Inc will post 2 earnings per share for the current fiscal year.
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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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