Kemnay Advisory Services Inc. Takes Position in Twenty-First Century Fox Inc (FOX)

Kemnay Advisory Services Inc. purchased a new stake in shares of Twenty-First Century Fox Inc (NASDAQ:FOX) during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 36,081 shares of the company’s stock, valued at approximately $1,653,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in FOX. Gamble Jones Investment Counsel bought a new position in shares of Twenty-First Century Fox during the third quarter valued at about $123,000. Sageworth Trust Co lifted its position in shares of Twenty-First Century Fox by 266.7% during the third quarter. Sageworth Trust Co now owns 3,300 shares of the company’s stock valued at $151,000 after purchasing an additional 2,400 shares in the last quarter. Dupont Capital Management Corp lifted its position in shares of Twenty-First Century Fox by 91.2% during the third quarter. Dupont Capital Management Corp now owns 3,749 shares of the company’s stock valued at $172,000 after purchasing an additional 1,788 shares in the last quarter. US Bancorp DE lifted its position in shares of Twenty-First Century Fox by 116.8% during the second quarter. US Bancorp DE now owns 3,840 shares of the company’s stock valued at $189,000 after purchasing an additional 2,069 shares in the last quarter. Finally, Franklin Street Advisors Inc. NC bought a new position in shares of Twenty-First Century Fox during the third quarter valued at about $208,000. 21.93% of the stock is currently owned by institutional investors.

A number of research firms recently weighed in on FOX. BidaskClub lowered shares of Twenty-First Century Fox from a “hold” rating to a “sell” rating in a research report on Thursday, August 30th. ValuEngine lowered shares of Twenty-First Century Fox from a “buy” rating to a “hold” rating in a research report on Wednesday, November 21st.

Shares of FOX stock opened at $48.92 on Thursday. The stock has a market capitalization of $90.63 billion, a price-to-earnings ratio of 24.83 and a beta of 1.19. The company has a debt-to-equity ratio of 0.84, a quick ratio of 1.96 and a current ratio of 2.45. Twenty-First Century Fox Inc has a 52 week low of $32.02 and a 52 week high of $49.65.

Twenty-First Century Fox (NASDAQ:FOX) last announced its quarterly earnings data on Wednesday, November 7th. The company reported $0.52 EPS for the quarter, hitting the consensus estimate of $0.52. The business had revenue of $7.18 billion for the quarter. Twenty-First Century Fox had a net margin of 16.01% and a return on equity of 18.01%. Research analysts predict that Twenty-First Century Fox Inc will post 1.86 earnings per share for the current year.

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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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