Northern Trust Corp lowered its holdings in shares of Twenty-First Century Fox Inc (NASDAQ:FOXA) by 0.9% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 15,742,737 shares of the company’s stock after selling 139,881 shares during the quarter. Northern Trust Corp owned 0.85% of Twenty-First Century Fox worth $782,257,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Kaizen Advisory LLC raised its position in Twenty-First Century Fox by 121.8% during the 2nd quarter. Kaizen Advisory LLC now owns 2,278 shares of the company’s stock valued at $113,000 after purchasing an additional 1,251 shares in the last quarter. Centaurus Financial Inc. bought a new stake in Twenty-First Century Fox during the 2nd quarter valued at $115,000. Nelson Roberts Investment Advisors LLC bought a new stake in Twenty-First Century Fox during the 2nd quarter valued at $122,000. Sun Life Financial INC raised its position in Twenty-First Century Fox by 1,522.7% during the 2nd quarter. Sun Life Financial INC now owns 2,856 shares of the company’s stock valued at $142,000 after purchasing an additional 2,680 shares in the last quarter. Finally, Rockefeller Capital Management L.P. bought a new stake in Twenty-First Century Fox during the 1st quarter valued at $157,000. Institutional investors own 54.11% of the company’s stock.
A number of brokerages have weighed in on FOXA. Buckingham Research decreased their target price on Twenty-First Century Fox to $52.00 and set a “buy” rating for the company in a research report on Tuesday, August 7th. ValuEngine lowered Twenty-First Century Fox from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, August 28th. Cowen reaffirmed a “hold” rating and set a $49.00 target price on shares of Twenty-First Century Fox in a research report on Sunday, August 12th. UBS Group lowered Twenty-First Century Fox from a “buy” rating to a “neutral” rating and set a $39.00 target price for the company. in a research report on Friday, July 20th. Finally, Zacks Investment Research raised Twenty-First Century Fox from a “sell” rating to a “hold” rating in a research report on Tuesday, July 10th. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and ten have assigned a buy rating to the company’s stock. Twenty-First Century Fox has a consensus rating of “Hold” and a consensus price target of $44.93.
Shares of FOXA traded up $0.25 during trading hours on Friday, hitting $45.36. The company had a trading volume of 7,267,867 shares, compared to its average volume of 11,229,235. The firm has a market cap of $85.83 billion, a price-to-earnings ratio of 23.03, a PEG ratio of 2.39 and a beta of 1.30. 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 Inc has a one year low of $24.81 and a one year high of $50.15.
Twenty-First Century Fox (NASDAQ:FOXA) last released its quarterly earnings results on Wednesday, August 8th. The company reported $0.57 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.54 by $0.03. The firm had revenue of $7.94 billion during the quarter, compared to analyst estimates of $7.52 billion. Twenty-First Century Fox had a return on equity of 18.71% and a net margin of 14.68%. The business’s revenue for the quarter was up 17.7% compared to the same quarter last year. During the same period in the previous year, the company posted $0.36 EPS. On average, equities research analysts forecast that Twenty-First Century Fox Inc will post 2.04 EPS for the current year.
The firm also recently announced a Semi-Annual dividend, which will be paid on Wednesday, October 17th. Investors of record on Wednesday, September 12th will be given a dividend of $0.18 per share. This represents a yield of 0.79%. The ex-dividend date is Tuesday, September 11th. Twenty-First Century Fox’s dividend payout ratio is currently 18.27%.
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.
Receive News & Ratings for Twenty-First Century Fox Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Twenty-First Century Fox and related companies with MarketBeat.com's FREE daily email newsletter.