Twenty-First Century Fox, Inc. (NASDAQ:FOXA)‘s stock had its “buy” rating restated by research analysts at KeyCorp in a research report issued to clients and investors on Sunday. They presently have a $35.00 price objective on the stock. KeyCorp’s price target suggests a potential upside of 35.71% from the company’s current price.

Several other brokerages also recently weighed in on FOXA. Zacks Investment Research downgraded shares of Twenty-First Century Fox from a “hold” rating to a “sell” rating in a report on Tuesday, July 11th. Moffett Nathanson reaffirmed a “buy” rating on shares of Twenty-First Century Fox in a report on Friday, June 9th. ValuEngine raised shares of Twenty-First Century Fox from a “hold” rating to a “buy” rating in a report on Thursday, July 6th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $35.00 price target (up previously from $33.00) on shares of Twenty-First Century Fox in a report on Thursday, August 10th. Finally, Guggenheim reaffirmed a “buy” rating and set a $35.00 price target on shares of Twenty-First Century Fox in a report on Wednesday, July 12th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and eighteen have given a buy rating to the company’s stock. Twenty-First Century Fox currently has an average rating of “Buy” and a consensus price target of $33.43.

Twenty-First Century Fox (NASDAQ:FOXA) remained flat at $25.79 during mid-day trading on Friday. 7,757,968 shares of the company’s stock traded hands. The company has a market capitalization of $27.14 billion, a P/E ratio of 95.52 and a beta of 1.28. Twenty-First Century Fox has a 12 month low of $23.33 and a 12 month high of $32.60. The stock’s 50-day moving average is $27.77 and its 200-day moving average is $28.88.

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

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A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Sterling Capital Management LLC increased 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 purchasing an additional 99 shares during the last quarter. Bronfman E.L. Rothschild L.P. increased its position in Twenty-First Century Fox by 3.5% during the first quarter. Bronfman E.L. Rothschild L.P. now owns 4,495 shares of the company’s stock valued at $146,000 after acquiring an additional 151 shares during the last quarter. State of Alaska Department of Revenue increased its position in Twenty-First Century Fox by 4.8% during the second quarter. State of Alaska Department of Revenue now owns 4,365 shares of the company’s stock valued at $123,000 after acquiring an additional 200 shares during the last quarter. Midwest Investment Management LLC increased its position in Twenty-First Century Fox by 0.3% during the second quarter. Midwest Investment Management LLC now owns 65,566 shares of the company’s stock valued at $1,858,000 after acquiring an additional 200 shares during the last quarter. Finally, Nordea Investment Management AB increased its position in Twenty-First Century Fox by 0.5% during the first quarter. Nordea Investment Management AB now owns 54,956 shares of the company’s stock valued at $1,780,000 after acquiring an additional 270 shares during the last quarter. Institutional investors own 53.33% of the company’s stock.

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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