Twenty-First Century Fox Inc (NASDAQ:FOXA) – Investment analysts at Jefferies Group cut their Q3 2018 earnings per share estimates for Twenty-First Century Fox in a research note issued on Wednesday. Jefferies Group analyst J. Janedis now anticipates that the company will post earnings per share of $0.52 for the quarter, down from their previous estimate of $0.56. Jefferies Group has a “Buy” rating and a $43.00 price target on the stock. Jefferies Group also issued estimates for Twenty-First Century Fox’s Q3 2019 earnings at $0.54 EPS, FY2019 earnings at $2.21 EPS, Q1 2020 earnings at $0.67 EPS and FY2020 earnings at $2.59 EPS.
Twenty-First Century Fox (NASDAQ:FOXA) last released its quarterly earnings data on Wednesday, February 7th. The company reported $0.42 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.38 by $0.04. The business had revenue of $8.04 billion during the quarter, compared to analysts’ expectations of $7.94 billion. Twenty-First Century Fox had a net margin of 13.49% and a return on equity of 19.01%. The firm’s quarterly revenue was up 4.6% compared to the same quarter last year. During the same period in the prior year, the company earned $0.53 EPS.
Twenty-First Century Fox (NASDAQ:FOXA) opened at $35.73 on Monday. The stock has a market cap of $65,760.00, a P/E ratio of 16.62, a P/E/G ratio of 1.87 and a beta of 1.42. Twenty-First Century Fox has a 12-month low of $24.81 and a 12-month high of $39.13. The company has a current ratio of 2.16, a quick ratio of 1.73 and a debt-to-equity ratio of 0.98.
The company also recently disclosed a Semi-Annual dividend, which will be paid on Wednesday, April 18th. Stockholders of record on Wednesday, March 14th will be given a dividend of $0.18 per share. This represents a dividend yield of 0.00503778337531486%. The ex-dividend date is Tuesday, March 13th. Twenty-First Century Fox’s dividend payout ratio (DPR) is presently 16.74%.
Several institutional investors and hedge funds have recently bought and sold shares of the company. Timber Hill LLC acquired a new stake in shares of Twenty-First Century Fox during the fourth quarter worth $254,000. American International Group Inc. increased its position in shares of Twenty-First Century Fox by 5.8% during the fourth quarter. American International Group Inc. now owns 438,993 shares of the company’s stock worth $15,158,000 after buying an additional 24,244 shares during the period. Arrowstreet Capital Limited Partnership acquired a new stake in shares of Twenty-First Century Fox during the fourth quarter worth $30,424,000. Wealthfront Inc. increased its position in shares of Twenty-First Century Fox by 68.1% during the fourth quarter. Wealthfront Inc. now owns 35,220 shares of the company’s stock worth $1,216,000 after buying an additional 14,262 shares during the period. Finally, Itau Unibanco Holding S.A. increased its position in shares of Twenty-First Century Fox by 230.1% during the fourth quarter. Itau Unibanco Holding S.A. now owns 6,840 shares of the company’s stock worth $236,000 after buying an additional 4,768 shares during the period. Institutional investors 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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