Teachers Retirement System of The State of Kentucky cut its stake in shares of 21st Century Fox (NASDAQ:FOXA) by 4.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 114,550 shares of the company’s stock after selling 5,750 shares during the quarter. Teachers Retirement System of The State of Kentucky’s holdings in 21st Century Fox were worth $3,955,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors also recently made changes to their positions in FOXA. Raymond James Financial Services Advisors Inc. lifted its position in 21st Century Fox by 18.3% during the third quarter. Raymond James Financial Services Advisors Inc. now owns 94,197 shares of the company’s stock valued at $2,485,000 after purchasing an additional 14,543 shares during the last quarter. Los Angeles Capital Management & Equity Research Inc. raised its stake in shares of 21st Century Fox by 282.2% during 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 acquiring an additional 87,740 shares in the last quarter. Teacher Retirement System of Texas raised its stake in shares of 21st Century Fox by 0.6% during the third quarter. Teacher Retirement System of Texas now owns 539,878 shares of the company’s stock worth $14,242,000 after acquiring an additional 3,275 shares in the last quarter. Comerica Bank raised its stake in shares of 21st Century Fox by 0.8% during the third quarter. Comerica Bank now owns 269,632 shares of the company’s stock worth $7,116,000 after acquiring an additional 2,104 shares in the last quarter. Finally, Stratos Wealth Partners LTD. purchased a new position in shares of 21st Century Fox during the third quarter worth approximately $203,000. Institutional investors and hedge funds own 53.77% of the company’s stock.
21st Century Fox stock traded down $0.67 during mid-day trading on Friday, reaching $35.69. 9,259,739 shares of the company traded hands, compared to its average volume of 8,455,809. The company has a current ratio of 2.16, a quick ratio of 1.77 and a debt-to-equity ratio of 0.98. The company has a market cap of $66,116.72, a P/E ratio of 18.49, a PEG ratio of 1.90 and a beta of 1.31. 21st Century Fox has a 52-week low of $24.81 and a 52-week high of $39.13.
21st Century Fox (NASDAQ:FOXA) last issued its quarterly earnings data 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 business had revenue of $8.04 billion for the quarter, compared to the consensus estimate of $7.94 billion. 21st Century Fox had a net margin of 13.49% and a return on equity of 19.01%. The company’s quarterly revenue was up 4.6% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.53 EPS. analysts predict that 21st Century Fox will post 2.04 EPS for the current fiscal year.
The business also recently disclosed a Semi-Annual dividend, which will be paid on Wednesday, April 18th. Shareholders of record on Wednesday, March 14th will be given a dividend of $0.18 per share. The ex-dividend date of this dividend is Tuesday, March 13th. 21st Century Fox’s payout ratio is currently 18.65%.
Several research analysts have commented on the stock. B. Riley raised shares of 21st Century Fox from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $38.00 to $46.00 in a research note on Tuesday, January 16th. BMO Capital Markets downgraded shares of 21st Century Fox from an “outperform” rating to a “market perform” rating and set a $35.00 price target on the stock. in a research note on Monday, December 18th. ValuEngine raised shares of 21st Century Fox from a “hold” rating to a “buy” rating in a research note on Friday, February 9th. Piper Jaffray set a $40.00 price target on shares of 21st Century Fox and gave the stock a “buy” rating in a research note on Saturday, December 16th. Finally, Atlantic Securities raised shares of 21st Century Fox from a “neutral” rating to an “overweight” rating in a research note on Monday, January 22nd. One analyst has rated the stock with a sell rating, seven have given a hold rating and fourteen have given a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average price target of $38.53.
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21st Century Fox 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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