Renaissance Technologies LLC raised its position in shares of Twenty-First Century Fox Inc (NASDAQ:FOX) by 1,591.3% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,541,417 shares of the company’s stock after purchasing an additional 3,332,025 shares during the quarter. Renaissance Technologies LLC owned 0.19% of Twenty-First Century Fox worth $162,268,000 as of its most recent SEC filing.
Other large investors have also recently modified their holdings of the company. Baupost Group LLC MA boosted its stake in shares of Twenty-First Century Fox by 27.3% during the third quarter. Baupost Group LLC MA now owns 17,320,922 shares of the company’s stock valued at $793,645,000 after purchasing an additional 3,714,662 shares during the period. Mutual of America Capital Management LLC lifted its stake in Twenty-First Century Fox by 10.9% in the third quarter. Mutual of America Capital Management LLC now owns 62,872 shares of the company’s stock worth $2,881,000 after acquiring an additional 6,171 shares during the period. Mirae Asset Global Investments Co. Ltd. lifted its stake in Twenty-First Century Fox by 69.8% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 94,551 shares of the company’s stock worth $4,323,000 after acquiring an additional 38,866 shares during the period. United Services Automobile Association lifted its stake in Twenty-First Century Fox by 6.3% in the third quarter. United Services Automobile Association now owns 450,229 shares of the company’s stock worth $20,629,000 after acquiring an additional 26,703 shares during the period. Finally, Fiduciary Management Inc. WI lifted its stake in Twenty-First Century Fox by 7.4% in the third quarter. Fiduciary Management Inc. WI now owns 11,784,115 shares of the company’s stock worth $539,948,000 after acquiring an additional 813,491 shares during the period. 21.93% of the stock is currently owned by institutional investors and hedge funds.
A number of analysts recently weighed in on the stock. BidaskClub raised shares of Twenty-First Century Fox from a “strong sell” rating to a “sell” rating in a research note on Wednesday, October 3rd. ValuEngine lowered shares of Twenty-First Century Fox from a “buy” rating to a “hold” rating in a research note on Wednesday, November 21st.
NASDAQ:FOX opened at $49.23 on Friday. Twenty-First Century Fox Inc has a 1-year low of $32.06 and a 1-year high of $49.65. The stock has a market capitalization of $90.63 billion, a P/E ratio of 24.99 and a beta of 1.19. The company has a quick ratio of 1.96, a current ratio of 2.45 and a debt-to-equity ratio of 0.84.
Twenty-First Century Fox (NASDAQ:FOX) last released its quarterly earnings data on Wednesday, November 7th. The company reported $0.52 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $0.52. Twenty-First Century Fox had a net margin of 16.01% and a return on equity of 18.01%. The company had revenue of $7.18 billion during the quarter. Analysts predict that Twenty-First Century Fox Inc will post 1.86 earnings per share for the current fiscal year.
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Twenty-First Century Fox Company 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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