Twenty-First Century Fox Inc (NASDAQ:FOXA) – Research analysts at B. Riley issued their Q3 2018 earnings per share (EPS) estimates for Twenty-First Century Fox in a report issued on Thursday. B. Riley analyst B. Crockett forecasts that the company will post earnings of $0.58 per share for the quarter. B. Riley has a “Buy” rating and a $46.00 price objective on the stock. B. Riley also issued estimates for Twenty-First Century Fox’s Q4 2018 earnings at $0.53 EPS, FY2018 earnings at $2.01 EPS and FY2020 earnings at $2.66 EPS.
Twenty-First Century Fox (NASDAQ:FOXA) last released its earnings results on Wednesday, February 7th. The company reported $0.42 earnings per share for the quarter, topping the consensus estimate of $0.38 by $0.04. Twenty-First Century Fox had a return on equity of 19.01% and a net margin of 13.49%. The business had revenue of $8.04 billion during the quarter, compared to the consensus estimate of $7.94 billion. During the same period last year, the company earned $0.53 earnings per share. The business’s revenue for the quarter was up 4.6% compared to the same quarter last year.
Shares of Twenty-First Century Fox (NASDAQ:FOXA) opened at $35.73 on Monday. Twenty-First Century Fox has a 52-week low of $24.81 and a 52-week high of $39.13. The firm has a market capitalization of $65,760.00, a price-to-earnings ratio of 16.62, a PEG ratio of 1.87 and a beta of 1.42. The company has a debt-to-equity ratio of 0.98, a quick ratio of 1.73 and a current ratio of 2.16.
The business also recently announced a Semi-Annual dividend, which will be paid on Wednesday, April 18th. Shareholders of record on Wednesday, March 14th will be paid a $0.18 dividend. The ex-dividend date is Tuesday, March 13th. This represents a yield of 0.00503778337531486%. Twenty-First Century Fox’s dividend payout ratio (DPR) is presently 16.74%.
A number of institutional investors and hedge funds have recently bought and sold shares of the business. Timber Hill LLC purchased a new position in Twenty-First Century Fox in the fourth quarter valued at about $254,000. American International Group Inc. grew its stake in Twenty-First Century Fox by 5.8% in the fourth quarter. American International Group Inc. now owns 438,993 shares of the company’s stock valued at $15,158,000 after purchasing an additional 24,244 shares during the last quarter. Arrowstreet Capital Limited Partnership purchased a new position in Twenty-First Century Fox in the fourth quarter valued at about $30,424,000. Wealthfront Inc. grew its stake in Twenty-First Century Fox by 68.1% in the fourth quarter. Wealthfront Inc. now owns 35,220 shares of the company’s stock valued at $1,216,000 after purchasing an additional 14,262 shares during the last quarter. Finally, Itau Unibanco Holding S.A. grew its stake in Twenty-First Century Fox by 230.1% in the fourth quarter. Itau Unibanco Holding S.A. now owns 6,840 shares of the company’s stock valued at $236,000 after purchasing an additional 4,768 shares during the last quarter. Institutional investors own 54.26% of the company’s stock.
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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.
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