Twenty-First Century Fox (FOX) Raised to Strong-Buy at BidaskClub

Twenty-First Century Fox (NASDAQ:FOX) was upgraded by equities researchers at BidaskClub from a “buy” rating to a “strong-buy” rating in a research note issued to investors on Thursday.

Separately, OTR Global upgraded Twenty-First Century Fox to a “positive” rating in a report on Monday, October 30th. One equities research analyst has rated the stock with a hold rating, two have assigned a buy rating and one has given a strong buy rating to the stock. The company presently has an average rating of “Buy” and a consensus target price of $34.00.

Shares of Twenty-First Century Fox (NASDAQ:FOX) traded up $1.10 on Thursday, hitting $35.19. The stock had a trading volume of 5,539,756 shares, compared to its average volume of 3,382,198. The firm has a market cap of $65,190.46, a P/E ratio of 16.44 and a beta of 1.25. Twenty-First Century Fox has a one year low of $24.30 and a one year high of $38.56. The company has a quick ratio of 1.73, a current ratio of 2.16 and a debt-to-equity ratio of 0.98.

Twenty-First Century Fox (NASDAQ:FOX) last issued its earnings results on Wednesday, February 7th. The company reported $0.42 earnings per share for the quarter, beating analysts’ consensus estimates of $0.38 by $0.04. The company had revenue of $8.04 billion for the quarter. Twenty-First Century Fox had a return on equity of 19.01% and a net margin of 13.49%.

In related news, EVP Gerson Zweifach sold 110,728 shares of the stock in a transaction that occurred on Monday, December 18th. The stock was sold at an average price of $34.90, for a total value of $3,864,407.20. Following the transaction, the executive vice president now owns 36,007 shares in the company, valued at $1,256,644.30. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 39.40% of the company’s stock.

Large investors have recently added to or reduced their stakes in the stock. IFG Advisory LLC acquired a new position in Twenty-First Century Fox during the fourth quarter valued at approximately $383,000. Cerebellum GP LLC acquired a new position in Twenty-First Century Fox during the fourth quarter valued at approximately $113,000. Tredje AP fonden grew its holdings in Twenty-First Century Fox by 420,700.0% during the third quarter. Tredje AP fonden now owns 4,208 shares of the company’s stock valued at $109,000 after purchasing an additional 4,207 shares during the last quarter. Dupont Capital Management Corp grew its holdings in Twenty-First Century Fox by 134.8% during the fourth quarter. Dupont Capital Management Corp now owns 4,736 shares of the company’s stock valued at $162,000 after purchasing an additional 2,719 shares during the last quarter. Finally, Bessemer Group Inc. grew its holdings in Twenty-First Century Fox by 91.4% during the third quarter. Bessemer Group Inc. now owns 5,497 shares of the company’s stock valued at $141,000 after purchasing an additional 2,625 shares during the last quarter. Hedge funds and other institutional investors own 23.28% 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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