Twenty-First Century Fox Inc (FOX) Stake Increased by Gabelli Funds LLC

Gabelli Funds LLC lifted its stake in shares of Twenty-First Century Fox Inc (NASDAQ:FOX) by 29.2% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 1,973,562 shares of the company’s stock after acquiring an additional 445,597 shares during the quarter. Gabelli Funds LLC’s holdings in Twenty-First Century Fox were worth $90,429,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of FOX. Russell Investments Group Ltd. increased its holdings in shares of Twenty-First Century Fox by 140.6% in the 1st quarter. Russell Investments Group Ltd. now owns 34,283 shares of the company’s stock valued at $1,218,000 after acquiring an additional 20,035 shares during the period. Royal Bank of Canada increased its holdings in shares of Twenty-First Century Fox by 3.2% in the 1st quarter. Royal Bank of Canada now owns 249,389 shares of the company’s stock valued at $9,069,000 after acquiring an additional 7,662 shares during the period. DnB Asset Management AS increased its holdings in shares of Twenty-First Century Fox by 9.6% in the 2nd quarter. DnB Asset Management AS now owns 53,732 shares of the company’s stock valued at $2,647,000 after acquiring an additional 4,700 shares during the period. IFM Investors Pty Ltd increased its holdings in shares of Twenty-First Century Fox by 56.8% in the 2nd quarter. IFM Investors Pty Ltd now owns 19,364 shares of the company’s stock valued at $954,000 after acquiring an additional 7,012 shares during the period. Finally, Moon Capital Management LLC increased its holdings in shares of Twenty-First Century Fox by 4.9% in the 2nd quarter. Moon Capital Management LLC now owns 138,309 shares of the company’s stock valued at $6,814,000 after acquiring an additional 6,511 shares during the period. Institutional investors and hedge funds own 24.07% of the company’s stock.

Separately, BidaskClub raised shares of Twenty-First Century Fox from a “hold” rating to a “buy” rating in a research note on Friday, October 26th.

In other news, insider Lachlan K. Murdoch acquired 137,801 shares of the company’s stock in a transaction on Thursday, August 16th. The shares were bought at an average cost of $45.48 per share, with a total value of $6,267,189.48. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Insiders own 39.40% of the company’s stock.

Shares of FOX opened at $46.08 on Monday. The company has a debt-to-equity ratio of 0.89, a quick ratio of 1.90 and a current ratio of 2.35. The firm has a market capitalization of $85.37 billion, a price-to-earnings ratio of 23.39 and a beta of 1.15. Twenty-First Century Fox Inc has a 1 year low of $24.30 and a 1 year high of $49.65.

Twenty-First Century Fox (NASDAQ:FOX) last announced its quarterly earnings data on Wednesday, August 8th. The company reported $0.57 earnings per share (EPS) for the quarter. The company 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 company also recently disclosed a Semi-Annual dividend, which was paid on Wednesday, October 17th. Shareholders of record on Wednesday, September 12th were paid a $0.18 dividend. The ex-dividend date was Tuesday, September 11th. This represents a yield of 0.8%.

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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Institutional Ownership by Quarter for Twenty-First Century Fox (NASDAQ:FOX)

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