Amundi Pioneer Asset Management Inc. acquired a new position in 21st Century Fox (NASDAQ:FOX) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 349,692 shares of the company’s stock, valued at approximately $11,932,000.
Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Tredje AP fonden grew its holdings in 21st Century Fox by 420,700.0% during the 3rd quarter. Tredje AP fonden now owns 4,208 shares of the company’s stock valued at $109,000 after buying an additional 4,207 shares in the last quarter. Aevitas Wealth Management Inc. purchased a new position in 21st Century Fox during the 4th quarter valued at approximately $110,000. Cerebellum GP LLC purchased a new position in shares of 21st Century Fox in the 4th quarter worth approximately $113,000. Bessemer Group Inc. boosted its holdings in shares of 21st 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 purchasing an additional 2,625 shares during the period. Finally, Dupont Capital Management Corp boosted its holdings in shares of 21st Century Fox by 134.8% in the 4th quarter. Dupont Capital Management Corp now owns 4,736 shares of the company’s stock worth $162,000 after purchasing an additional 2,719 shares during the period. 24.31% of the stock is currently owned by hedge funds and other institutional investors.
NASDAQ FOX traded down $0.66 on Friday, reaching $35.34. 4,927,425 shares of the stock traded hands, compared to its average volume of 3,100,763. 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 firm has a market cap of $65,468.34, a PE ratio of 19.52 and a beta of 1.26. 21st Century Fox has a 12 month low of $24.30 and a 12 month high of $38.56.
21st Century Fox (NASDAQ:FOX) last released its quarterly earnings results on Wednesday, February 7th. The company reported $0.42 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.38 by $0.04. 21st Century Fox had a return on equity of 19.01% and a net margin of 13.49%. The firm had revenue of $8.04 billion during the quarter.
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 18th. Investors of record on Wednesday, March 14th will be given a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a yield of 2.04%. The ex-dividend date is Tuesday, March 13th.
A number of research firms recently issued reports on FOX. Loop Capital began coverage on 21st Century Fox in a report on Friday, March 16th. They set a “buy” rating and a $43.00 price objective for the company. BidaskClub upgraded 21st Century Fox from a “buy” rating to a “strong-buy” rating in a report on Thursday, February 8th.
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About 21st Century Fox
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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