Halcyon Management Partners LP acquired a new position in shares of Twenty-First Century Fox Inc (NASDAQ:FOX) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 582,626 shares of the company’s stock, valued at approximately $19,880,000. Twenty-First Century Fox comprises 2.9% of Halcyon Management Partners LP’s investment portfolio, making the stock its 13th biggest position.
Other institutional investors and hedge funds have also recently made changes to their positions in the company. Crossmark Global Holdings Inc. purchased a new position in Twenty-First Century Fox in the 3rd quarter worth about $376,000. Oregon Public Employees Retirement Fund lifted its holdings in Twenty-First Century Fox by 8.8% in the 3rd quarter. Oregon Public Employees Retirement Fund now owns 55,310 shares of the company’s stock worth $1,426,000 after purchasing an additional 4,479 shares during the last quarter. Swiss National Bank increased its position in Twenty-First Century Fox by 1.1% in the 3rd quarter. Swiss National Bank now owns 1,618,006 shares of the company’s stock worth $41,728,000 after buying an additional 17,900 shares during the period. Bessemer Group Inc. increased its position in Twenty-First Century Fox by 91.4% in the 3rd quarter. Bessemer Group Inc. now owns 5,497 shares of the company’s stock worth $141,000 after buying an additional 2,625 shares during the period. Finally, Candriam Luxembourg S.C.A. increased its position in Twenty-First Century Fox by 758.4% in the 3rd quarter. Candriam Luxembourg S.C.A. now owns 177,448 shares of the company’s stock worth $4,576,000 after buying an additional 156,775 shares during the period. Hedge funds and other institutional investors own 24.31% of the company’s stock.
Shares of Twenty-First Century Fox stock traded down $0.66 during trading on Monday, hitting $35.96. The company’s stock had a trading volume of 1,002,896 shares, compared to its average volume of 3,028,846. The company has a quick ratio of 1.77, a current ratio of 2.16 and a debt-to-equity ratio of 0.98. The company has a market capitalization of $67,839.57, a P/E ratio of 16.87 and a beta of 1.30. Twenty-First Century Fox Inc has a 12 month low of $24.30 and a 12 month high of $38.56.
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 the consensus estimate of $0.38 by $0.04. The firm had revenue of $8.04 billion during 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 disclosed a quarterly dividend, which will be paid on Wednesday, April 18th. Shareholders of record on Wednesday, March 14th will be paid a dividend of $0.18 per share. The ex-dividend date of this dividend is Tuesday, March 13th. This represents a $0.72 dividend on an annualized basis and a yield of 2.00%. Twenty-First Century Fox’s dividend payout ratio (DPR) is presently 16.82%.
A number of analysts have recently issued reports on FOX shares. Loop Capital started coverage on Twenty-First Century Fox in a research report on Friday. They set a “buy” rating and a $43.00 price objective on the stock. BidaskClub upgraded Twenty-First Century Fox from a “hold” rating to a “buy” rating in a research report on Friday, January 5th. One analyst has rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the company. The stock has a consensus rating of “Buy” and an average target price of $37.00.
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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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