Bronfman E.L. Rothschild L.P. grew its position in shares of Twenty-First Century Fox Inc (NASDAQ:FOXA) by 36.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 6,282 shares of the company’s stock after purchasing an additional 1,684 shares during the quarter. Bronfman E.L. Rothschild L.P.’s holdings in Twenty-First Century Fox were worth $217,000 as of its most recent SEC filing.
Other hedge funds have also recently made changes to their positions in the company. Verition Fund Management LLC bought a new position in shares of Twenty-First Century Fox during the second quarter worth about $365,000. Candriam Luxembourg S.C.A. raised its position in shares of Twenty-First Century Fox by 76.8% during the third quarter. Candriam Luxembourg S.C.A. now owns 261,190 shares of the company’s stock worth $6,890,000 after acquiring an additional 113,484 shares during the last quarter. Fort L.P. raised its position in shares of Twenty-First Century Fox by 831.1% during the third quarter. Fort L.P. now owns 274,233 shares of the company’s stock worth $7,234,000 after acquiring an additional 244,781 shares during the last quarter. KBC Group NV raised its position in shares of Twenty-First Century Fox by 0.6% during the third quarter. KBC Group NV now owns 930,207 shares of the company’s stock worth $24,538,000 after acquiring an additional 5,364 shares during the last quarter. Finally, Prudential Financial Inc. raised its position in shares of Twenty-First Century Fox by 37.7% during the third quarter. Prudential Financial Inc. now owns 2,365,808 shares of the company’s stock worth $62,410,000 after acquiring an additional 647,790 shares during the last quarter. 53.52% of the stock is currently owned by hedge funds and other institutional investors.
Shares of Twenty-First Century Fox Inc (NASDAQ:FOXA) opened at $36.96 on Friday. The firm has a market capitalization of $67,709.90, a P/E ratio of 17.27, a price-to-earnings-growth ratio of 1.88 and a beta of 1.42. The company has a quick ratio of 1.77, a current ratio of 2.16 and a debt-to-equity ratio of 0.98. Twenty-First Century Fox Inc has a 1-year low of $24.81 and a 1-year high of $39.13.
Twenty-First Century Fox (NASDAQ:FOXA) last issued its earnings results on Wednesday, February 7th. The company reported $0.42 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.38 by $0.04. The business had revenue of $8.04 billion during the quarter, compared to the consensus estimate of $7.94 billion. Twenty-First Century Fox had a return on equity of 19.01% and a net margin of 13.49%. The firm’s revenue for the quarter was up 4.6% on a year-over-year basis. During the same period in the previous year, the company posted $0.53 earnings per share. equities analysts anticipate that Twenty-First Century Fox Inc will post 2.04 EPS for the current year.
The firm also recently announced a Semi-Annual dividend, which will be paid on Wednesday, April 18th. Shareholders of record on Wednesday, March 14th will be issued a $0.18 dividend. The ex-dividend date of this dividend is Tuesday, March 13th. This represents a yield of 0.00503778337531486%. Twenty-First Century Fox’s payout ratio is currently 16.82%.
FOXA has been the subject of a number of analyst reports. Pivotal Research raised their price objective on Twenty-First Century Fox from $35.00 to $37.00 and gave the stock a “buy” rating in a research report on Thursday, December 14th. Piper Jaffray Companies set a $40.00 price objective on Twenty-First Century Fox and gave the stock a “buy” rating in a research report on Saturday, December 16th. Rosenblatt Securities restated a “buy” rating and set a $40.00 price objective on shares of Twenty-First Century Fox in a research report on Monday, December 4th. BMO Capital Markets restated a “buy” rating and set a $35.00 price objective on shares of Twenty-First Century Fox in a research report on Wednesday, November 22nd. Finally, KeyCorp restated a “buy” rating and set a $35.00 price objective on shares of Twenty-First Century Fox in a research report on Sunday, November 19th. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating and thirteen have given a buy rating to the company. Twenty-First Century Fox presently has a consensus rating of “Buy” and an average price target of $37.73.
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Twenty-First Century Fox 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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