Ontario Teachers Pension Plan Board cut its holdings in Twenty-First Century Fox Inc (NASDAQ:FOXA) by 21.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,085,525 shares of the company’s stock after selling 290,877 shares during the period. Ontario Teachers Pension Plan Board’s holdings in Twenty-First Century Fox were worth $37,483,000 at the end of the most recent reporting period.
A number of other large investors have also modified their holdings of the stock. Verition Fund Management LLC bought a new stake in Twenty-First Century Fox during the second quarter valued at about $365,000. Candriam Luxembourg S.C.A. boosted its holdings in 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 valued at $6,890,000 after acquiring an additional 113,484 shares during the period. Fort L.P. boosted its holdings in Twenty-First Century Fox by 831.1% during the third quarter. Fort L.P. now owns 274,233 shares of the company’s stock valued at $7,234,000 after acquiring an additional 244,781 shares during the period. KBC Group NV boosted its holdings in Twenty-First Century Fox by 0.6% during the third quarter. KBC Group NV now owns 930,207 shares of the company’s stock valued at $24,538,000 after acquiring an additional 5,364 shares during the period. Finally, Prudential Financial Inc. boosted its holdings in 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 valued at $62,410,000 after acquiring an additional 647,790 shares during the period. Hedge funds and other institutional investors own 53.49% of the company’s stock.
A number of equities research analysts have issued reports on FOXA shares. Pivotal Research upped their price target on shares of Twenty-First Century Fox from $35.00 to $37.00 and gave the company a “buy” rating in a report on Thursday, December 14th. Loop Capital cut shares of Twenty-First Century Fox from a “hold” rating to a “sell” rating and set a $31.00 price target for the company. in a report on Thursday, December 21st. Royal Bank of Canada upped their price target on shares of Twenty-First Century Fox to $43.00 and gave the company an “outperform” rating in a report on Wednesday, January 3rd. They noted that the move was a valuation call. Rosenblatt Securities restated a “buy” rating and set a $40.00 price target on shares of Twenty-First Century Fox in a report on Monday, December 4th. Finally, Zacks Investment Research cut shares of Twenty-First Century Fox from a “hold” rating to a “sell” rating in a report on Wednesday, November 1st. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating and thirteen have assigned a buy rating to the company’s stock. Twenty-First Century Fox currently has a consensus rating of “Buy” and an average target price of $37.73.
Twenty-First Century Fox Inc (NASDAQ FOXA) opened at $37.46 on Monday. The company has a market cap of $69,395.70, a PE ratio of 17.50, a PEG ratio of 1.93 and a beta of 1.32. The company has a current ratio of 2.16, a quick ratio of 1.77 and a debt-to-equity ratio of 0.98. Twenty-First Century Fox Inc has a 52-week low of $24.81 and a 52-week high of $39.13.
Twenty-First Century Fox (NASDAQ:FOXA) last announced its quarterly earnings data on Wednesday, February 7th. The company reported $0.42 EPS for the quarter, beating the Zacks’ consensus estimate of $0.38 by $0.04. The business had revenue of $8.04 billion during the quarter, compared to analyst estimates of $7.94 billion. Twenty-First Century Fox had a net margin of 13.49% and a return on equity of 19.01%. The firm’s revenue for the quarter was up 4.6% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.53 earnings per share. sell-side analysts forecast that Twenty-First Century Fox Inc will post 2.04 EPS for the current fiscal year.
The business also recently disclosed a Semi-Annual dividend, which will be paid on Wednesday, April 18th. Stockholders of record on Wednesday, March 14th will be given a dividend of $0.18 per share. This represents a dividend yield of 0.00503778337531486%. The ex-dividend date of this dividend is Tuesday, March 13th. Twenty-First Century Fox’s dividend payout ratio is currently 16.82%.
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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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