Twenty-First Century Fox (NASDAQ:FOXA)‘s stock had its “outperform” rating restated by stock analysts at Wells Fargo & Company in a report issued on Thursday, The Fly reports.

FOXA has been the topic of a number of other reports. Jefferies Group reissued a “buy” rating and issued a $35.00 price objective on shares of Twenty-First Century Fox in a research note on Tuesday, September 26th. BMO Capital Markets reissued a “buy” rating and issued a $35.00 price objective on shares of Twenty-First Century Fox in a research note on Wednesday, November 22nd. B. Riley boosted their price objective on Twenty-First Century Fox from $29.00 to $36.00 and gave the company a “neutral” rating in a research note on Friday, November 17th. Piper Jaffray Companies began coverage on Twenty-First Century Fox in a research note on Friday, August 11th. They issued an “overweight” rating and a $35.00 price objective on the stock. Finally, Royal Bank Of Canada reissued an “outperform” rating and issued a $34.00 price objective (down from $35.00) on shares of Twenty-First Century Fox in a research note on Thursday, November 9th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and seventeen have issued a buy rating to the company’s stock. Twenty-First Century Fox presently has an average rating of “Buy” and an average price target of $33.95.

Twenty-First Century Fox (NASDAQ:FOXA) traded up $0.97 during midday trading on Thursday, hitting $34.18. The company’s stock had a trading volume of 26,581,843 shares, compared to its average volume of 8,934,130. Twenty-First Century Fox has a 1 year low of $24.81 and a 1 year high of $34.75. The company has a market cap of $61,114.90, a price-to-earnings ratio of 17.18, a PEG ratio of 2.26 and a beta of 1.34. The company has a debt-to-equity ratio of 1.09, a current ratio of 2.08 and a quick ratio of 1.73.

Twenty-First Century Fox (NASDAQ:FOXA) last released its quarterly earnings results on Wednesday, November 8th. The company reported $0.49 EPS for the quarter, beating analysts’ consensus estimates of $0.48 by $0.01. Twenty-First Century Fox had a return on equity of 21.41% and a net margin of 10.30%. The firm had revenue of $7 billion for the quarter, compared to analyst estimates of $6.80 billion. During the same quarter in the previous year, the company posted $0.51 EPS. The business’s revenue was up 7.6% on a year-over-year basis. analysts forecast that Twenty-First Century Fox will post 1.98 earnings per share for the current year.

Hedge funds have recently bought and sold shares of the stock. Verition Fund Management LLC acquired a new position in Twenty-First Century Fox during the 2nd quarter worth approximately $365,000. Candriam Luxembourg S.C.A. raised its stake in Twenty-First Century Fox by 76.8% during the 3rd quarter. Candriam Luxembourg S.C.A. now owns 261,190 shares of the company’s stock worth $6,890,000 after buying an additional 113,484 shares during the period. JPMorgan Chase & Co. raised its stake in Twenty-First Century Fox by 8.7% during the 2nd quarter. JPMorgan Chase & Co. now owns 26,630,790 shares of the company’s stock worth $754,718,000 after buying an additional 2,140,568 shares during the period. Financial Counselors Inc. raised its stake in Twenty-First Century Fox by 80.0% during the 2nd quarter. Financial Counselors Inc. now owns 304,272 shares of the company’s stock worth $8,623,000 after buying an additional 135,241 shares during the period. Finally, Vivaldi Asset Management LLC increased its holdings in Twenty-First Century Fox by 656.5% during the 2nd quarter. Vivaldi Asset Management LLC now owns 290,500 shares of the company’s stock worth $8,233,000 after purchasing an additional 252,100 shares in the last quarter. 54.50% of the stock is currently owned by institutional investors and hedge funds.

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About Twenty-First Century Fox

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.

The Fly

Analyst Recommendations for Twenty-First Century Fox (NASDAQ:FOXA)

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