Twenty-First Century Fox, Inc. (NASDAQ:FOXA) – Equities researchers at FBR & Co boosted their Q1 2018 EPS estimates for shares of Twenty-First Century Fox in a research note issued to investors on Tuesday. FBR & Co analyst B. Crockett now forecasts that the company will post earnings of $0.48 per share for the quarter, up from their prior forecast of $0.46. FBR & Co also issued estimates for Twenty-First Century Fox’s Q4 2018 earnings at $0.48 EPS and FY2018 earnings at $2.06 EPS.

Twenty-First Century Fox (NASDAQ:FOXA) last posted its quarterly earnings data on Wednesday, August 9th. The company reported $0.36 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 during the quarter, compared to the consensus estimate of $6.79 billion. During the same quarter last year, the company posted $0.45 earnings per share. The firm’s quarterly revenue was up 1.5% compared to the same quarter last year.

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A number of other equities analysts have also weighed in on FOXA. Cowen and Company reissued a “market perform” rating and issued a $32.00 target price (down previously from $33.00) on shares of Twenty-First Century Fox in a research report on Thursday, August 10th. Piper Jaffray Companies set a $35.00 target price on Twenty-First Century Fox and gave the stock a “buy” rating in a research report on Wednesday. Royal Bank Of Canada reissued an “outperform” rating and issued a $35.00 target price (up previously from $33.00) on shares of Twenty-First Century Fox in a research report on Thursday, August 10th. Zacks Investment Research lowered Twenty-First Century Fox from a “hold” rating to a “sell” rating in a research report on Wednesday. Finally, Jefferies Group LLC reissued a “buy” rating and issued a $35.00 target price on shares of Twenty-First Century Fox in a research report on Tuesday, September 26th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and eighteen have given a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $33.35.

Large investors have recently made changes to their positions in the stock. Grove Bank & Trust grew its stake in shares of 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 valued at $107,000 after acquiring an additional 3,520 shares during the period. Rockefeller Financial Services Inc. bought a new position in shares of Twenty-First Century Fox during the 3rd quarter valued at approximately $113,000. State of Alaska Department of Revenue grew its stake in shares of 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 valued at $123,000 after acquiring an additional 200 shares during the period. Global X Management Co. LLC grew its stake in shares of 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 valued at $145,000 after acquiring an additional 451 shares during the period. Finally, Whittier Trust Co. of Nevada Inc. grew its stake in shares of 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 valued at $153,000 after acquiring an additional 2,336 shares during the period. Institutional investors own 53.55% of the company’s stock.

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