State of Wisconsin Investment Board raised its holdings in Twenty-First Century Fox Inc (NASDAQ:FOX) by 59.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 9,118,923 shares of the company’s stock after purchasing an additional 3,403,966 shares during the period. Twenty-First Century Fox accounts for about 0.9% of State of Wisconsin Investment Board’s holdings, making the stock its 13th biggest position. State of Wisconsin Investment Board owned 0.49% of Twenty-First Century Fox worth $311,138,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also bought and sold shares of the company. IFG Advisory LLC purchased a new position in shares of Twenty-First Century Fox in the fourth quarter worth about $383,000. Cerebellum GP LLC purchased a new position in shares of Twenty-First Century Fox in the fourth quarter worth about $113,000. Tredje AP fonden increased its stake in shares of Twenty-First Century Fox by 420,700.0% in the third quarter. Tredje AP fonden now owns 4,208 shares of the company’s stock worth $109,000 after purchasing an additional 4,207 shares in the last quarter. Dupont Capital Management Corp increased its stake in shares of Twenty-First Century Fox by 134.8% in the fourth quarter. Dupont Capital Management Corp now owns 4,736 shares of the company’s stock worth $162,000 after purchasing an additional 2,719 shares in the last quarter. Finally, Bessemer Group Inc. increased its stake in shares of Twenty-First Century Fox by 91.4% in the third quarter. Bessemer Group Inc. now owns 5,497 shares of the company’s stock worth $141,000 after purchasing an additional 2,625 shares in the last quarter. Hedge funds and other institutional investors own 23.14% of the company’s stock.
In other news, EVP Gerson Zweifach sold 110,728 shares of the firm’s stock in a transaction that occurred on Monday, December 18th. The shares were sold at an average price of $34.90, for a total value of $3,864,407.20. Following the completion of the transaction, the executive vice president now directly owns 36,007 shares in the company, valued at $1,256,644.30. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 39.40% of the stock is currently owned by company insiders.
Several research firms have recently weighed in on FOX. BidaskClub upgraded shares of Twenty-First Century Fox from a “buy” rating to a “strong-buy” rating in a research note on Thursday, February 8th. OTR Global upgraded shares of Twenty-First Century Fox to a “positive” rating in a research note on Monday, October 30th. One analyst has rated the stock with a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the stock. The stock has an average rating of “Buy” and an average price target of $34.00.
Twenty-First Century Fox Inc (NASDAQ FOX) opened at $36.26 on Thursday. The company has a debt-to-equity ratio of 0.98, a current ratio of 2.16 and a quick ratio of 1.77. Twenty-First Century Fox Inc has a 1 year low of $24.30 and a 1 year high of $38.56. The company has a market cap of $67,410.00, a P/E ratio of 25.01 and a beta of 1.36.
Twenty-First Century Fox (NASDAQ:FOX) last released its quarterly earnings data on Wednesday, February 7th. The company reported $0.42 EPS for the quarter, beating analysts’ consensus estimates of $0.38 by $0.04. Twenty-First Century Fox had a net margin of 13.49% and a return on equity of 19.01%. The company had revenue of $8.04 billion during the quarter.
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 18th. Stockholders of record on Wednesday, March 14th will be given a $0.18 dividend. The ex-dividend date is Tuesday, March 13th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.99%. Twenty-First Century Fox’s dividend payout ratio (DPR) is currently 24.83%.
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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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