Twenty-First Century Fox Inc (NASDAQ:FOXA) has earned an average recommendation of “Buy” from the twenty-six research firms that are covering the stock, MarketBeat.com reports. Two analysts have rated the stock with a sell rating, eight have issued a hold rating and fifteen have assigned a buy rating to the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is $37.05.
Several equities research analysts have recently commented on FOXA shares. Pivotal Research lifted their target price on Twenty-First Century Fox from $35.00 to $37.00 and gave the company a “buy” rating in a research note on Thursday, December 14th. Loop Capital cut Twenty-First Century Fox from a “hold” rating to a “sell” rating and set a $31.00 target price for the company. in a research note on Thursday, December 21st. Royal Bank of Canada lifted their target price on Twenty-First Century Fox to $43.00 and gave the company an “outperform” rating in a research note on Wednesday, January 3rd. They noted that the move was a valuation call. Rosenblatt Securities reissued a “buy” rating and issued a $40.00 target price on shares of Twenty-First Century Fox in a research note on Monday, December 4th. Finally, Credit Suisse Group reissued an “outperform” rating and issued a $35.00 target price (down from $37.00) on shares of Twenty-First Century Fox in a research note on Thursday, October 12th.
Twenty-First Century Fox (NASDAQ:FOXA) traded down $0.29 during mid-day trading on Tuesday, reaching $35.85. The company had a trading volume of 3,239,918 shares, compared to its average volume of 10,198,655. Twenty-First Century Fox has a 12-month low of $24.81 and a 12-month high of $39.13. The firm has a market cap of $68,024.83, a PE ratio of 22.29, a price-to-earnings-growth ratio of 1.93 and a beta of 1.32. The company has a debt-to-equity ratio of 1.09, a current ratio of 2.08 and a quick ratio of 1.73.
Several large investors have recently bought and sold shares of the company. Barrow Hanley Mewhinney & Strauss LLC boosted its position in shares of Twenty-First Century Fox by 8.8% in the 3rd quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 37,460,118 shares of the company’s stock worth $988,198,000 after purchasing an additional 3,018,013 shares during the last quarter. Independent Franchise Partners LLP boosted its position in shares of Twenty-First Century Fox by 7.7% in the 3rd quarter. Independent Franchise Partners LLP now owns 28,394,638 shares of the company’s stock worth $749,050,000 after purchasing an additional 2,039,154 shares during the last quarter. APG Asset Management N.V. boosted its position in shares of Twenty-First Century Fox by 5.2% in the 3rd quarter. APG Asset Management N.V. now owns 6,524,752 shares of the company’s stock worth $172,123,000 after purchasing an additional 325,156 shares during the last quarter. Investec Asset Management LTD boosted its position in shares of Twenty-First Century Fox by 30.9% in the 3rd quarter. Investec Asset Management LTD now owns 6,256,717 shares of the company’s stock worth $165,052,000 after purchasing an additional 1,476,826 shares during the last quarter. Finally, Legal & General Group Plc lifted its holdings in Twenty-First Century Fox by 1.6% during the third quarter. Legal & General Group Plc now owns 5,254,661 shares of the company’s stock worth $138,621,000 after acquiring an additional 84,586 shares in the last quarter. Institutional investors and hedge funds own 54.26% of the company’s stock.
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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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