Twenty-First Century Fox Inc (NASDAQ:FOXA) – KeyCorp issued their Q1 2019 earnings per share (EPS) estimates for shares of Twenty-First Century Fox in a note issued to investors on Wednesday. KeyCorp analyst A. Hargreaves anticipates that the company will post earnings of $0.51 per share for the quarter. KeyCorp currently has a “Buy” rating and a $35.00 target price on the stock. KeyCorp also issued estimates for Twenty-First Century Fox’s Q2 2019 earnings at $0.43 EPS, Q3 2019 earnings at $0.59 EPS and Q4 2019 earnings at $0.57 EPS.
Twenty-First Century Fox (NASDAQ:FOXA) last posted its quarterly earnings results on Wednesday, February 7th. The company reported $0.42 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.38 by $0.04. The business had revenue of $8.04 billion for the quarter, compared to analyst estimates 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 revenue for the quarter was up 4.6% on a year-over-year basis. During the same quarter last year, the business posted $0.53 EPS.
Shares of Twenty-First Century Fox (NASDAQ FOXA) opened at $35.73 on Monday. The company has a current ratio of 2.16, a quick ratio of 1.77 and a debt-to-equity ratio of 0.98. The stock has a market cap of $66,190.82, a P/E ratio of 19.74, a P/E/G ratio of 1.85 and a beta of 1.32. Twenty-First Century Fox has a 52-week low of $24.81 and a 52-week high of $39.13.
The firm also recently declared a Semi-Annual dividend, which will be paid on Wednesday, April 18th. Stockholders of record on Wednesday, March 14th will be paid 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 payout ratio is currently 16.82%.
Several hedge funds have recently added to or reduced their stakes in FOXA. Barrow Hanley Mewhinney & Strauss LLC raised its stake in shares of Twenty-First Century Fox by 8.8% during the third quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 37,460,118 shares of the company’s stock valued at $988,198,000 after acquiring an additional 3,018,013 shares during the last quarter. Independent Franchise Partners LLP raised its stake in shares of Twenty-First Century Fox by 7.7% during the third quarter. Independent Franchise Partners LLP now owns 28,394,638 shares of the company’s stock valued at $749,050,000 after acquiring an additional 2,039,154 shares during the last quarter. Alpine Associates Management Inc. bought a new position in shares of Twenty-First Century Fox during the fourth quarter valued at $59,134,000. Investec Asset Management LTD raised its stake in shares of Twenty-First Century Fox by 30.9% during the third quarter. Investec Asset Management LTD now owns 6,256,717 shares of the company’s stock valued at $165,052,000 after acquiring an additional 1,476,826 shares during the last quarter. Finally, PGGM Investments raised its stake in shares of Twenty-First Century Fox by 172.5% during the third quarter. PGGM Investments now owns 1,796,101 shares of the company’s stock valued at $47,381,000 after acquiring an additional 1,136,925 shares during the last quarter. 53.52% of the stock is owned by hedge funds and other institutional investors.
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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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