News Corporation (NASDAQ:NWS) was downgraded by stock analysts at BidaskClub from a “hold” rating to a “sell” rating in a report issued on Friday.

Separately, Citigroup Inc. upgraded News Corporation from a “neutral” rating to a “buy” rating in a report on Wednesday, July 26th. Two research analysts have rated the stock with a sell rating, two have given a hold rating and one has issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold”.

Shares of News Corporation (NASDAQ:NWS) traded up 0.75% during mid-day trading on Friday, reaching $13.45. 1,298,426 shares of the company traded hands. The company’s market capitalization is $7.83 billion. News Corporation has a 52-week low of $11.25 and a 52-week high of $15.22. The firm’s 50 day moving average price is $13.92 and its 200-day moving average price is $13.59.

News Corporation (NASDAQ:NWS) last released its quarterly earnings results on Thursday, August 10th. The company reported $0.11 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.06 by $0.05. The firm had revenue of $2.08 billion during the quarter. News Corporation had a positive return on equity of 1.83% and a negative net margin of 9.07%. Equities analysts predict that News Corporation will post $1.39 earnings per share for the current fiscal year.

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Institutional investors have recently added to or reduced their stakes in the company. LS Investment Advisors LLC boosted its stake in shares of News Corporation by 15.3% during the 2nd quarter. LS Investment Advisors LLC now owns 7,601 shares of the company’s stock valued at $108,000 after buying an additional 1,010 shares during the last quarter. Nomura Holdings Inc. boosted its stake in shares of News Corporation by 111.7% during the 2nd quarter. Nomura Holdings Inc. now owns 9,100 shares of the company’s stock valued at $129,000 after buying an additional 4,802 shares during the last quarter. CIBC Asset Management Inc boosted its stake in shares of News Corporation by 0.3% during the 2nd quarter. CIBC Asset Management Inc now owns 10,360 shares of the company’s stock valued at $147,000 after buying an additional 35 shares during the last quarter. Advisors Asset Management Inc. boosted its stake in shares of News Corporation by 1.3% during the 1st quarter. Advisors Asset Management Inc. now owns 10,785 shares of the company’s stock valued at $146,000 after buying an additional 138 shares during the last quarter. Finally, Citadel Advisors LLC purchased a new position in shares of News Corporation during the 2nd quarter valued at approximately $157,000. Institutional investors own 9.38% of the company’s stock.

About News Corporation

News Corporation is a diversified media and information services company. The Company operates in five segments: News and Information Services, Cable Network Programming, Digital Real Estate Services, Book Publishing, and Other. The Company’s business consists of range of media, including news and information services, sports programming in Australia, digital real estate services, book publishing, and pay-television (TV) distribution in Australia, that are distributed under the brands, including The Wall Street Journal, Dow Jones, Herald Sun, The Sun, The Times, HarperCollins Publishers, FOX SPORTS Australia and realestate.com.au.

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