Twenty-First Century Fox, Inc. (NASDAQ:FOX) was downgraded by BidaskClub from a “sell” rating to a “strong sell” rating in a report released on Saturday.

Several other research firms have also recently commented on FOX. OTR Global raised Twenty-First Century Fox to a “positive” rating in a report on Monday, October 30th. TheStreet raised Twenty-First Century Fox from a “c+” rating to a “b-” rating in a report on Friday, August 4th. One analyst has rated the stock with a sell rating, one has issued a hold rating and two have assigned a buy rating to the stock. Twenty-First Century Fox currently has a consensus rating of “Hold” and an average target price of $34.00.

Shares of Twenty-First Century Fox (FOX) traded down $0.95 during trading on Friday, reaching $24.43. The company had a trading volume of 3,294,282 shares, compared to its average volume of 2,235,309. The company has a quick ratio of 1.82, a current ratio of 2.25 and a debt-to-equity ratio of 1.15. The stock has a market cap of $46.55 billion, a price-to-earnings ratio of 12.96 and a beta of 1.18.

Twenty-First Century Fox (NASDAQ:FOX) last posted its quarterly earnings results on Wednesday, August 9th. The company reported $0.36 EPS for the quarter, missing the consensus estimate of $0.37 by ($0.01). The business had revenue of $6.75 billion during the quarter. Twenty-First Century Fox had a net margin of 10.36% and a return on equity of 22.47%. During the same period in the prior year, the company earned $0.45 earnings per share.

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In related news, CEO James R. Murdoch sold 111,713 shares of Twenty-First Century Fox stock in a transaction on Tuesday, August 15th. The stock was sold at an average price of $27.94, for a total transaction of $3,121,261.22. Following the completion of the transaction, the chief executive officer now directly owns 234,236 shares of the company’s stock, valued at $6,544,553.84. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director David F. Devoe sold 30,149 shares of Twenty-First Century Fox stock in a transaction on Tuesday, August 15th. The stock was sold at an average price of $28.01, for a total value of $844,473.49. Following the transaction, the director now directly owns 55,647 shares of the company’s stock, valued at $1,558,672.47. The disclosure for this sale can be found here. Insiders own 39.40% of the company’s stock.

Hedge funds have recently modified their holdings of the stock. Freestone Capital Holdings LLC raised its holdings in Twenty-First Century Fox by 16.0% during the second quarter. Freestone Capital Holdings LLC now owns 128,410 shares of the company’s stock worth $3,579,000 after purchasing an additional 17,757 shares during the last quarter. Knights of Columbus Asset Advisors LLC raised its holdings in Twenty-First Century Fox by 8.5% during the second quarter. Knights of Columbus Asset Advisors LLC now owns 84,800 shares of the company’s stock worth $2,363,000 after purchasing an additional 6,650 shares during the last quarter. Schwab Charles Investment Management Inc. increased its position in Twenty-First Century Fox by 10.4% during the second quarter. Schwab Charles Investment Management Inc. now owns 1,673,361 shares of the company’s stock worth $46,637,000 after buying an additional 158,036 shares in the last quarter. The Manufacturers Life Insurance Company increased its position in Twenty-First Century Fox by 185.9% during the second quarter. The Manufacturers Life Insurance Company now owns 5,128,361 shares of the company’s stock worth $142,927,000 after buying an additional 3,334,740 shares in the last quarter. Finally, Dupont Capital Management Corp purchased a new position in Twenty-First Century Fox during the second quarter worth $122,000. 23.30% of the stock is owned by hedge funds and other institutional investors.

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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