Sather Financial Group Inc cut its stake in 21st Century Fox (NASDAQ:FOX) by 0.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 820,973 shares of the company’s stock after selling 2,380 shares during the period. 21st Century Fox makes up approximately 7.0% of Sather Financial Group Inc’s investment portfolio, making the stock its 2nd biggest position. Sather Financial Group Inc’s holdings in 21st Century Fox were worth $28,012,000 at the end of the most recent reporting period.
Other institutional investors also recently bought and sold shares of the company. Meadow Creek Investment Management LLC lifted its stake in 21st Century Fox by 12.7% during the fourth quarter. Meadow Creek Investment Management LLC now owns 20,832 shares of the company’s stock valued at $711,000 after purchasing an additional 2,352 shares during the last quarter. OLD Mission Capital LLC acquired a new stake in 21st Century Fox during the fourth quarter valued at approximately $334,000. Teachers Advisors LLC lifted its stake in 21st Century Fox by 1.7% during the fourth quarter. Teachers Advisors LLC now owns 648,805 shares of the company’s stock valued at $22,137,000 after purchasing an additional 10,743 shares during the last quarter. California State Teachers Retirement System lifted its stake in 21st Century Fox by 5.4% during the fourth quarter. California State Teachers Retirement System now owns 896,490 shares of the company’s stock valued at $30,588,000 after purchasing an additional 46,030 shares during the last quarter. Finally, Halcyon Management Partners LP acquired a new stake in 21st Century Fox during the fourth quarter valued at approximately $19,880,000. Institutional investors and hedge funds own 24.31% of the company’s stock.
Shares of NASDAQ:FOX opened at $35.34 on Friday. The company has a debt-to-equity ratio of 0.98, a current ratio of 2.16 and a quick ratio of 1.77. The company has a market capitalization of $66,079.67, a P/E ratio of 19.71 and a beta of 1.26. 21st Century Fox has a 52 week low of $24.30 and a 52 week high of $38.56.
21st 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 Thomson Reuters’ consensus estimate of $0.38 by $0.04. The business had revenue of $8.04 billion during the quarter. 21st Century Fox had a net margin of 13.49% and a return on equity of 19.01%.
The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 18th. Investors of record on Wednesday, March 14th will be given a $0.18 dividend. The ex-dividend date is Tuesday, March 13th. This represents a $0.72 annualized dividend and a dividend yield of 2.04%.
Several analysts recently commented on FOX shares. BidaskClub raised shares of 21st Century Fox from a “hold” rating to a “buy” rating in a research note on Friday, January 5th. Loop Capital started coverage on shares of 21st Century Fox in a research note on Friday, March 16th. They set a “buy” rating and a $43.00 target price for the company.
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21st Century Fox Company Profile
Twenty-First Century Fox, Inc, together with its subsidiaries, operates as a diversified media and entertainment company primarily in the United States, the United Kingdom, Continental Europe, Asia, and Latin America. It operates through Cable Network Programming, Television, and Filmed Entertainment segments.
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