Twenty-First Century Fox, Inc. (NASDAQ:FOXA) has earned a consensus rating of “Buy” from the twenty-five brokerages that are currently covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and seventeen have given a buy rating to the company. The average 12-month price objective among brokerages that have covered the stock in the last year is $33.23.

Several brokerages recently issued reports on FOXA. Piper Jaffray Companies began coverage on shares of Twenty-First Century Fox in a research report on Friday, August 11th. They set an “overweight” rating and a $35.00 price target on the stock. BMO Capital Markets set a $36.00 price target on shares of Twenty-First Century Fox and gave the company a “buy” rating in a research report on Friday, June 16th. Credit Suisse Group reiterated a “buy” rating on shares of Twenty-First Century Fox in a research report on Thursday, August 3rd. Jefferies Group LLC reiterated a “buy” rating and set a $35.00 price target on shares of Twenty-First Century Fox in a research report on Saturday, July 22nd. Finally, ValuEngine cut shares of Twenty-First Century Fox from a “buy” rating to a “hold” rating in a research report on Friday, September 1st.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Sentry Investment Management LLC raised its position in Twenty-First Century Fox by 1.3% in the second quarter. Sentry Investment Management LLC now owns 189,680 shares of the company’s stock worth $5,376,000 after acquiring an additional 2,482 shares during the period. Toronto Dominion Bank raised its position in Twenty-First Century Fox by 25.5% in the second quarter. Toronto Dominion Bank now owns 356,491 shares of the company’s stock worth $10,101,000 after acquiring an additional 72,459 shares during the period. First Fiduciary Investment Counsel Inc. raised its position in Twenty-First Century Fox by 0.9% in the second quarter. First Fiduciary Investment Counsel Inc. now owns 402,906 shares of the company’s stock worth $11,418,000 after acquiring an additional 3,415 shares during the period. Verition Fund Management LLC bought a new position in Twenty-First Century Fox in the second quarter worth approximately $365,000. Finally, Sterling Capital Management LLC raised its position in Twenty-First Century Fox by 1.2% in the second quarter. Sterling Capital Management LLC now owns 8,494 shares of the company’s stock worth $241,000 after acquiring an additional 99 shares during the period. Institutional investors and hedge funds own 53.33% of the company’s stock.

Shares of Twenty-First Century Fox (FOXA) remained flat at $25.79 during mid-day trading on Friday. The stock had a trading volume of 7,757,968 shares. Twenty-First Century Fox has a 12-month low of $23.33 and a 12-month high of $32.60. The firm has a market cap of $47.74 billion, a price-to-earnings ratio of 16.26 and a beta of 1.28. The company’s 50 day moving average price is $27.77 and its 200-day moving average price is $28.88.

Twenty-First Century Fox (NASDAQ:FOXA) last issued its quarterly earnings data on Wednesday, August 9th. The company reported $0.36 EPS for the quarter, beating the consensus estimate of $0.35 by $0.01. The firm had revenue of $6.75 billion during the quarter, compared to the consensus estimate of $6.79 billion. Twenty-First Century Fox had a net margin of 10.36% and a return on equity of 22.46%. The company’s quarterly revenue was up 1.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.45 earnings per share. On average, equities analysts forecast that Twenty-First Century Fox will post $2.04 EPS for the current fiscal year.

The business also recently disclosed a semiannual dividend, which will be paid on Wednesday, October 18th. Investors of record on Wednesday, September 13th will be given a dividend of $0.18 per share. The ex-dividend date is Tuesday, September 12th. This represents a yield of 1.29%. Twenty-First Century Fox’s dividend payout ratio (DPR) is 22.64%.

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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.

Analyst Recommendations for Twenty-First Century Fox (NASDAQ:FOXA)

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