Livforsakringsbolaget Skandia Omsesidigt decreased its position in Twenty-First Century Fox Inc (NASDAQ:FOX) by 41.8% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,896 shares of the company’s stock after selling 2,800 shares during the period. Livforsakringsbolaget Skandia Omsesidigt’s holdings in Twenty-First Century Fox were worth $179,000 at the end of the most recent quarter.
Several other large investors have also recently modified their holdings of the company. Opera Trading Capital purchased a new stake in Twenty-First Century Fox during the second quarter worth about $4,271,000. Supplemental Annuity Collective Trust of NJ purchased a new stake in Twenty-First Century Fox during the second quarter worth about $493,000. Omni Partners LLP purchased a new stake in Twenty-First Century Fox during the second quarter worth about $34,982,000. First Republic Investment Management Inc. boosted its holdings in Twenty-First Century Fox by 3.9% during the second quarter. First Republic Investment Management Inc. now owns 106,876 shares of the company’s stock worth $5,266,000 after buying an additional 4,034 shares in the last quarter. Finally, DNB Asset Management AS boosted its holdings in Twenty-First Century Fox by 8.7% during the third quarter. DNB Asset Management AS now owns 58,432 shares of the company’s stock worth $2,677,000 after buying an additional 4,700 shares in the last quarter. 24.05% of the stock is currently owned by institutional investors and hedge funds.
FOX stock opened at $46.08 on Friday. The stock has a market cap of $83.70 billion, a P/E ratio of 22.93 and a beta of 1.15. Twenty-First Century Fox Inc has a 52 week low of $24.30 and a 52 week high of $49.65. The company has a current ratio of 2.35, a quick ratio of 1.90 and a debt-to-equity ratio of 0.89.
Twenty-First Century Fox (NASDAQ:FOX) last released its quarterly earnings data on Wednesday, August 8th. The company reported $0.57 EPS for the quarter. The firm had revenue of $7.94 billion for the quarter. Twenty-First Century Fox had a net margin of 14.68% and a return on equity of 18.71%.
The business also recently disclosed a Semi-Annual dividend, which was paid on Wednesday, October 17th. Investors of record on Wednesday, September 12th were issued a dividend of $0.18 per share. This represents a yield of 0.8%. The ex-dividend date was Tuesday, September 11th.
Separately, BidaskClub raised shares of Twenty-First Century Fox from a “hold” rating to a “buy” rating in a report on Friday, October 26th.
In other Twenty-First Century Fox news, insider Lachlan K. Murdoch bought 137,801 shares of the business’s stock in a transaction on Thursday, August 16th. The stock was bought at an average price of $45.48 per share, for a total transaction of $6,267,189.48. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 39.40% of the stock is currently owned by insiders.
Twenty-First Century Fox Profile
Twenty-First Century Fox, Inc operates as a diversified media and entertainment company primarily in the United States and Canada, Europe, and internationally. It operates through Cable Network Programming, Television, and Filmed Entertainment segments. The company produces and licenses news, business news, sports, general entertainment, factual entertainment, and movie programming for distribution primarily through cable television systems, direct broadcast satellite operators, telecommunication companies, and online video distributors.
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