Twenty-First Century Fox, Inc. (NASDAQ:FOXA) was the recipient of unusually large options trading activity on Tuesday. Investors purchased 6,948 call options on the company. This is an increase of 463% compared to the typical volume of 1,234 call options.

A number of brokerages have recently issued reports on FOXA. Royal Bank Of Canada set a $33.00 price objective on shares of Twenty-First Century Fox and gave the stock a “buy” rating in a research note on Monday, June 12th. Credit Suisse Group reissued a “buy” rating on shares of Twenty-First Century Fox in a research note on Thursday, August 3rd. ValuEngine raised shares of Twenty-First Century Fox from a “hold” rating to a “buy” rating in a research note on Thursday, July 6th. Morgan Stanley reissued an “overweight” rating on shares of Twenty-First Century Fox in a research note on Thursday, July 6th. Finally, Cowen and Company reissued a “hold” rating and issued a $33.00 price objective on shares of Twenty-First Century Fox in a research note on Tuesday, July 11th. One research analyst has rated the stock with a sell rating, six have given a hold rating and eighteen have issued a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average price target of $33.45.

Twenty-First Century Fox (NASDAQ:FOXA) opened at 26.95 on Friday. Twenty-First Century Fox has a 52-week low of $24.22 and a 52-week high of $32.60. The company has a market cap of $49.89 billion, a price-to-earnings ratio of 16.99 and a beta of 1.26. The firm’s 50-day moving average is $26.86 and its 200 day moving average is $28.36.

Twenty-First Century Fox (NASDAQ:FOXA) last announced its earnings results on Wednesday, August 9th. The company reported $0.36 earnings per share (EPS) for the quarter, topping 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 company had revenue of $6.75 billion for the quarter, compared to analysts’ expectations of $6.79 billion. During the same quarter in the previous year, the company posted $0.45 EPS. The firm’s quarterly revenue was up 1.5% on a year-over-year basis. On average, equities research analysts predict that Twenty-First Century Fox will post $2.03 EPS for the current fiscal year.

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

A number of institutional investors and hedge funds have recently made changes to their positions in FOXA. American International Group Inc. boosted its stake in Twenty-First Century Fox by 8.9% during the 1st quarter. American International Group Inc. now owns 513,253 shares of the company’s stock worth $16,624,000 after purchasing an additional 41,851 shares during the last quarter. Cibc World Markets Corp boosted its stake in Twenty-First Century Fox by 51.1% during the 1st quarter. Cibc World Markets Corp now owns 109,878 shares of the company’s stock worth $3,559,000 after purchasing an additional 37,177 shares during the last quarter. Cornerstone Capital Management Holdings LLC. boosted its stake in Twenty-First Century Fox by 10.0% during the 1st quarter. Cornerstone Capital Management Holdings LLC. now owns 276,829 shares of the company’s stock worth $8,964,000 after purchasing an additional 25,145 shares during the last quarter. Tredje AP fonden boosted its stake in Twenty-First Century Fox by 51.3% during the 1st quarter. Tredje AP fonden now owns 96,342 shares of the company’s stock worth $3,138,000 after purchasing an additional 32,675 shares during the last quarter. Finally, Fort Washington Investment Advisors Inc. OH boosted its stake in Twenty-First Century Fox by 2.4% during the 1st quarter. Fort Washington Investment Advisors Inc. OH now owns 2,782,790 shares of the company’s stock worth $90,101,000 after purchasing an additional 65,954 shares during the last quarter. 53.34% of the stock is currently owned by institutional investors.

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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.

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