Twenty-First Century Fox, Inc. (NASDAQ:FOXA) – Analysts at Jefferies Group reduced their Q1 2018 earnings per share (EPS) estimates for shares of Twenty-First Century Fox in a report released on Tuesday. Jefferies Group analyst J. Janedis now anticipates that the company will post earnings per share of $0.47 for the quarter, down from their previous forecast of $0.48. Jefferies Group currently has a “Buy” rating and a $35.00 price objective on the stock.

FOXA has been the topic of a number of other research reports. ValuEngine raised shares of Twenty-First Century Fox from a “hold” rating to a “buy” rating in a report on Thursday, July 6th. Zacks Investment Research lowered shares of Twenty-First Century Fox from a “hold” rating to a “sell” rating in a report on Tuesday, July 11th. Credit Suisse Group reissued a “buy” rating on shares of Twenty-First Century Fox in a report on Thursday, August 3rd. Guggenheim reissued a “buy” rating and set a $35.00 price objective on shares of Twenty-First Century Fox in a report on Wednesday, July 12th. Finally, Morgan Stanley reissued an “overweight” rating on shares of Twenty-First Century Fox in a report on Thursday, July 6th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and eighteen have issued a buy rating to the company. The stock has a consensus rating of “Buy” and an average target price of $33.45.

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Shares of Twenty-First Century Fox (FOXA) traded down 1.177% during mid-day trading on Wednesday, hitting $26.455. 2,868,047 shares of the stock were exchanged. The company’s 50-day moving average is $26.81 and its 200-day moving average is $28.23. Twenty-First Century Fox has a 1-year low of $24.22 and a 1-year high of $32.60. The firm has a market cap of $48.97 billion, a price-to-earnings ratio of 16.680 and a beta of 1.26.

Twenty-First Century Fox (NASDAQ:FOXA) last posted its earnings results on Wednesday, August 9th. The company reported $0.36 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.35 by $0.01. The firm had revenue of $6.75 billion during the quarter, compared to analyst estimates of $6.79 billion. Twenty-First Century Fox had a net margin of 10.36% and a return on equity of 22.46%. Twenty-First Century Fox’s revenue was up 1.5% on a year-over-year basis. During the same period in the previous year, the business posted $0.45 EPS.

A number of institutional investors have recently added to or reduced their stakes in FOXA. Grove Bank & Trust boosted its stake in Twenty-First Century Fox by 1,328.3% during the 2nd quarter. Grove Bank & Trust now owns 3,785 shares of the company’s stock worth $107,000 after acquiring an additional 3,520 shares during the last quarter. State of Alaska Department of Revenue boosted its stake in Twenty-First Century Fox by 4.8% during the 2nd quarter. State of Alaska Department of Revenue now owns 4,365 shares of the company’s stock worth $123,000 after acquiring an additional 200 shares during the last quarter. Global X Management Co. LLC boosted its stake in Twenty-First Century Fox by 9.7% during the 2nd quarter. Global X Management Co. LLC now owns 5,108 shares of the company’s stock worth $145,000 after acquiring an additional 451 shares during the last quarter. Whittier Trust Co. of Nevada Inc. boosted its stake in Twenty-First Century Fox by 76.0% during the 2nd quarter. Whittier Trust Co. of Nevada Inc. now owns 5,409 shares of the company’s stock worth $153,000 after acquiring an additional 2,336 shares during the last quarter. Finally, Fifth Third Bancorp boosted its stake in Twenty-First Century Fox by 6.2% during the 1st quarter. Fifth Third Bancorp now owns 4,959 shares of the company’s stock worth $161,000 after acquiring an additional 291 shares during the last quarter. 53.34% of the stock is currently owned by institutional investors and hedge funds.

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

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 and Estimates for Twenty-First Century Fox (NASDAQ:FOXA)

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