News (NWS) Getting Somewhat Critical Media Coverage, Report Shows

Media stories about News (NASDAQ:NWS) have trended somewhat negative on Wednesday, according to Accern Sentiment. The research firm rates the sentiment of news coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. News earned a media sentiment score of -0.09 on Accern’s scale. Accern also assigned media stories about the company an impact score of 41.6106398226754 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

These are some of the news headlines that may have impacted Accern Sentiment Analysis’s scoring:

Several research firms have recently commented on NWS. BidaskClub raised shares of News from a “hold” rating to a “buy” rating in a research note on Wednesday, December 6th. TheStreet lowered shares of News from a “b-” rating to a “c+” rating in a research note on Monday.

News (NASDAQ:NWS) traded up $0.40 during midday trading on Wednesday, hitting $16.55. 665,100 shares of the stock traded hands, compared to its average volume of 463,689. The company has a current ratio of 1.64, a quick ratio of 1.56 and a debt-to-equity ratio of 0.02. News has a twelve month low of $12.50 and a twelve month high of $17.70. The stock has a market capitalization of $9,409.33, a price-to-earnings ratio of -21.49 and a beta of 1.90.

The firm also recently disclosed a semiannual dividend, which will be paid on Wednesday, April 18th. Stockholders of record on Wednesday, March 14th will be paid a $0.10 dividend. This represents a dividend yield of 1.25%. The ex-dividend date of this dividend is Tuesday, March 13th. News’s payout ratio is -25.97%.

In related news, CFO Kevin Halpin sold 7,387 shares of News stock in a transaction that occurred on Thursday, November 16th. The shares were sold at an average price of $15.62, for a total value of $115,384.94. Following the completion of the transaction, the chief financial officer now owns 17,468 shares in the company, valued at $272,850.16. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders sold 14,855 shares of company stock valued at $237,002 in the last quarter. 39.40% of the stock is owned by insiders.

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News Company Profile

News Corporation is a diversified media and information services company. The Company operates in five segments: News and Information Services, Cable Network Programming, Digital Real Estate Services, Book Publishing, and Other. The Company’s business consists of range of media, including news and information services, sports programming in Australia, digital real estate services, book publishing, and pay-television (TV) distribution in Australia, that are distributed under the brands, including The Wall Street Journal, Dow Jones, Herald Sun, The Sun, The Times, HarperCollins Publishers, FOX SPORTS Australia and realestate.com.au.

Insider Buying and Selling by Quarter for News (NASDAQ:NWS)

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