Twenty-First Century Fox, Inc. (NASDAQ:FOX) issued its quarterly earnings results on Wednesday. The company reported $0.36 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.37 by $0.01, RTT News reports. Twenty-First Century Fox had a return on equity of 24.40% and a net margin of 10.72%. The business had revenue of $6.75 billion during the quarter. During the same quarter in the previous year, the business posted $0.45 EPS.

Shares of Twenty-First Century Fox (NASDAQ:FOX) traded down 0.15% during midday trading on Thursday, hitting $27.47. 3,576,560 shares of the stock were exchanged. The company has a market cap of $50.84 billion, a price-to-earnings ratio of 16.89 and a beta of 1.19. The firm has a 50 day moving average of $27.80 and a 200-day moving average of $28.96. Twenty-First Century Fox has a one year low of $23.88 and a one year high of $31.94.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 18th. Stockholders of record on Wednesday, September 13th will be paid a dividend of $0.18 per share. The ex-dividend date is Tuesday, September 12th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 2.62%. Twenty-First Century Fox’s payout ratio is 22.09%.

FOX has been the topic of several research reports. BidaskClub upgraded shares of Twenty-First Century Fox from a “strong sell” rating to a “sell” rating in a report on Monday, July 31st. Zacks Investment Research downgraded shares of Twenty-First Century Fox from a “hold” rating to a “sell” rating in a report on Tuesday, April 18th. Finally, TheStreet upgraded shares of Twenty-First Century Fox from a “c+” rating to a “b-” rating in a report on Friday, August 4th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and three have given a buy rating to the stock. Twenty-First Century Fox has an average rating of “Hold” and a consensus price target of $31.80.

Several large investors have recently added to or reduced their stakes in the company. Emory University boosted its stake in Twenty-First Century Fox by 6.2% in the second quarter. Emory University now owns 57,553 shares of the company’s stock valued at $1,604,000 after buying an additional 3,351 shares during the period. Norinchukin Bank The boosted its stake in Twenty-First Century Fox by 2.7% in the second quarter. Norinchukin Bank The now owns 76,198 shares of the company’s stock valued at $2,124,000 after buying an additional 2,003 shares during the period. Ameriprise Financial Inc. boosted its stake in Twenty-First Century Fox by 9.1% in the second quarter. Ameriprise Financial Inc. now owns 1,791,557 shares of the company’s stock valued at $49,932,000 after buying an additional 149,803 shares during the period. Teachers Advisors LLC boosted its stake in Twenty-First Century Fox by 9.3% in the second quarter. Teachers Advisors LLC now owns 649,723 shares of the company’s stock valued at $18,108,000 after buying an additional 55,175 shares during the period. Finally, Riverhead Capital Management LLC boosted its stake in Twenty-First Century Fox by 21.8% in the second quarter. Riverhead Capital Management LLC now owns 11,228 shares of the company’s stock valued at $313,000 after buying an additional 2,011 shares during the period. Institutional investors and hedge funds own 23.18% of the company’s stock.

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Twenty-First Century Fox Company Profile

Twenty-First Century Fox, Inc is a media and entertainment company. The Company’s segments include Cable Network Programming; Television; Filmed Entertainment, and Other, Corporate and Eliminations. The Cable Network Programming segment produces and licenses news, business news, sports, general entertainment, factual entertainment and movie programming for distribution.

Earnings History for Twenty-First Century Fox (NASDAQ:FOX)

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