Halcyon Management Partners LP bought a new position in Twenty-First Century Fox Inc (NASDAQ:FOX) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 582,626 shares of the company’s stock, valued at approximately $19,880,000. Twenty-First Century Fox makes up approximately 2.9% of Halcyon Management Partners LP’s investment portfolio, making the stock its 13th biggest holding.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of FOX. IFG Advisory LLC bought a new position in shares of Twenty-First Century Fox during the 4th quarter valued at $383,000. Aevitas Wealth Management Inc. bought a new position in shares of Twenty-First Century Fox during the 4th quarter valued at $110,000. Cerebellum GP LLC bought a new stake in Twenty-First Century Fox in the 4th quarter worth $113,000. Partners Capital Investment Group LLP bought a new stake in Twenty-First Century Fox in the 4th quarter worth $134,000. Finally, Tredje AP fonden grew its holdings in Twenty-First Century Fox by 420,700.0% in the 3rd quarter. Tredje AP fonden now owns 4,208 shares of the company’s stock worth $109,000 after acquiring an additional 4,207 shares during the last quarter. Institutional investors and hedge funds own 24.31% of the company’s stock.
In other news, EVP Gerson Zweifach sold 110,728 shares of the firm’s stock in a transaction dated Monday, December 18th. The shares were sold at an average price of $34.90, for a total value of $3,864,407.20. Following the completion of the sale, the executive vice president now directly owns 36,007 shares of the company’s stock, valued at approximately $1,256,644.30. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Company insiders own 39.40% of the company’s stock.
Twenty-First Century Fox (NASDAQ:FOX) last announced its quarterly earnings results on Wednesday, February 7th. The company reported $0.42 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.38 by $0.04. Twenty-First Century Fox had a net margin of 13.49% and a return on equity of 19.01%. The business had revenue of $8.04 billion for the quarter.
The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 18th. Stockholders of record on Wednesday, March 14th will be given a $0.18 dividend. The ex-dividend date is Tuesday, March 13th. This represents a $0.72 annualized dividend and a dividend yield of 1.93%. Twenty-First Century Fox’s dividend payout ratio is 16.82%.
Separately, BidaskClub raised shares of Twenty-First Century Fox from a “buy” rating to a “strong-buy” rating in a report on Thursday, February 8th. One investment analyst has rated the stock with a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Twenty-First Century Fox presently has a consensus rating of “Buy” and an average target price of $34.00.
Twenty-First Century Fox 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.
Want to see what other hedge funds are holding FOX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Twenty-First Century Fox Inc (NASDAQ:FOX).
Receive News & Ratings for Twenty-First Century Fox Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Twenty-First Century Fox and related companies with MarketBeat.com's FREE daily email newsletter.