MML Investors Services LLC lowered its stake in shares of Twenty-First Century Fox Inc (NASDAQ:FOXA) by 52.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,099 shares of the company’s stock after selling 7,952 shares during the period. MML Investors Services LLC’s holdings in Twenty-First Century Fox were worth $245,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors also recently added to or reduced their stakes in the company. Raymond James Financial Services Advisors Inc. increased its position in Twenty-First Century Fox by 18.3% in the third quarter. Raymond James Financial Services Advisors Inc. now owns 94,197 shares of the company’s stock worth $2,485,000 after purchasing an additional 14,543 shares during the last quarter. Los Angeles Capital Management & Equity Research Inc. increased its position in Twenty-First Century Fox by 282.2% in the third quarter. Los Angeles Capital Management & Equity Research Inc. now owns 118,828 shares of the company’s stock worth $3,135,000 after purchasing an additional 87,740 shares during the last quarter. Cambridge Investment Research Advisors Inc. bought a new stake in Twenty-First Century Fox in the third quarter worth $226,000. Fuller & Thaler Asset Management Inc. increased its position in Twenty-First Century Fox by 51.4% in the third quarter. Fuller & Thaler Asset Management Inc. now owns 22,400 shares of the company’s stock worth $591,000 after purchasing an additional 7,600 shares during the last quarter. Finally, Norinchukin Bank The increased its position in Twenty-First Century Fox by 7.0% in the third quarter. Norinchukin Bank The now owns 176,071 shares of the company’s stock worth $4,645,000 after purchasing an additional 11,453 shares during the last quarter. Hedge funds and other institutional investors own 53.77% of the company’s stock.
Several equities research analysts recently weighed in on the stock. Pivotal Research boosted their price target on shares of 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. ValuEngine upgraded shares of Twenty-First Century Fox from a “hold” rating to a “buy” rating in a research report on Friday, February 9th. BMO Capital Markets lifted their price objective on shares of Twenty-First Century Fox from $35.00 to $37.00 and gave the stock a “market perform” rating in a research note on Monday, February 12th. Loop Capital began coverage on shares of Twenty-First Century Fox in a research note on Thursday, March 15th. They set a “buy” rating and a $43.00 price objective for the company. Finally, Cowen reaffirmed a “hold” rating and set a $39.00 price objective on shares of Twenty-First Century Fox in a research note on Friday, December 29th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and fourteen have assigned a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of $38.53.
Shares of Twenty-First Century Fox Inc (NASDAQ FOXA) opened at $36.75 on Friday. The stock has a market cap of $68,284.18, a price-to-earnings ratio of 20.36, a PEG ratio of 1.96 and a beta of 1.36. Twenty-First Century Fox Inc has a one year low of $24.81 and a one year high of $39.13. The company has a debt-to-equity ratio of 0.98, a quick ratio of 1.77 and a current ratio of 2.16.
Twenty-First Century Fox (NASDAQ:FOXA) last issued its earnings results on Wednesday, February 7th. The company reported $0.42 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.38 by $0.04. The firm 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 business’s revenue was up 4.6% on a year-over-year basis. During the same period in the previous year, the firm earned $0.53 earnings per share. sell-side analysts predict that Twenty-First Century Fox Inc will post 2.04 EPS for the current fiscal year.
The business also recently announced a Semi-Annual dividend, which will be paid on Wednesday, April 18th. Stockholders of record on Wednesday, March 14th will be paid 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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