Barings LLC cut its holdings in shares of Twenty-First Century Fox Inc (NASDAQ:FOX) by 44.0% during the 4th quarter, HoldingsChannel reports. The fund owned 25,700 shares of the company’s stock after selling 20,200 shares during the period. Barings LLC’s holdings in Twenty-First Century Fox were worth $877,000 at the end of the most recent quarter.
A number of other hedge funds have also bought and sold shares of the business. Tredje AP fonden lifted its holdings 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 valued at $109,000 after purchasing an additional 4,207 shares in the last quarter. Cerebellum GP LLC bought a new stake in shares of Twenty-First Century Fox in the fourth quarter valued at about $113,000. Bessemer Group Inc. lifted its holdings 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 valued at $141,000 after purchasing an additional 2,625 shares in the last quarter. Dupont Capital Management Corp lifted its holdings 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 valued at $162,000 after purchasing an additional 2,719 shares in the last quarter. Finally, SOL Capital Management CO bought a new stake in shares of Twenty-First Century Fox in the fourth quarter valued at about $205,000. Hedge funds and other institutional investors own 23.38% of the company’s stock.
In related news, EVP Gerson Zweifach sold 110,728 shares of the company’s stock in a transaction dated Monday, December 18th. The stock was sold at an average price of $34.90, for a total transaction of $3,864,407.20. Following the sale, the executive vice president now owns 36,007 shares in the company, valued at $1,256,644.30. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 39.40% of the company’s stock.
A number of analysts have recently commented on the company. BidaskClub upgraded Twenty-First Century Fox from a “buy” rating to a “strong-buy” rating in a report on Thursday, February 8th. OTR Global upgraded Twenty-First Century Fox to a “positive” rating in a report on Monday, October 30th. One investment analyst has rated the stock with a hold rating, two have given a buy rating and one has given a strong buy rating to the company. Twenty-First Century Fox presently has an average rating of “Buy” and a consensus target price of $34.00.
Shares of Twenty-First Century Fox Inc (NASDAQ FOX) opened at $36.56 on Thursday. The company has a market capitalization of $68,280.00, a PE ratio of 25.21 and a beta of 1.36. Twenty-First Century Fox Inc has a twelve month low of $24.30 and a twelve month high of $38.56. 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 (NASDAQ:FOX) last issued its quarterly earnings results on Wednesday, February 7th. The company reported $0.42 EPS for the quarter, beating analysts’ consensus estimates of $0.38 by $0.04. The company had revenue of $8.04 billion for the quarter. Twenty-First Century Fox had a return on equity of 19.01% and a net margin of 13.49%.
The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 18th. Investors of record on Wednesday, March 14th will be issued a dividend of $0.18 per share. The ex-dividend date is Tuesday, March 13th. This represents a $0.72 annualized dividend and a yield of 1.97%. Twenty-First Century Fox’s payout ratio is presently 24.83%.
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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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