AMP Capital Investors Ltd trimmed its position in shares of Twenty-First Century Fox Inc (NASDAQ:FOXA) by 10.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 375,784 shares of the company’s stock after selling 42,731 shares during the period. AMP Capital Investors Ltd’s holdings in Twenty-First Century Fox were worth $12,975,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds and other institutional investors have also recently made changes to their positions in FOXA. Cerebellum GP LLC bought a new position in Twenty-First Century Fox during the fourth quarter valued at $106,000. Mint Tower Capital Management B.V. bought a new position in Twenty-First Century Fox during the third quarter valued at $110,000. Zions Bancorporation grew its holdings in Twenty-First Century Fox by 86.4% during the third quarter. Zions Bancorporation now owns 4,911 shares of the company’s stock valued at $130,000 after purchasing an additional 2,276 shares during the period. Tiedemann Wealth Management LLC bought a new position in Twenty-First Century Fox during the third quarter valued at $148,000. Finally, Stelac Advisory Services LLC bought a new position in Twenty-First Century Fox during the third quarter valued at $150,000. 53.81% of the stock is owned by institutional investors and hedge funds.
FOXA has been the subject of several research reports. B. Riley increased their price objective on Twenty-First Century Fox from $29.00 to $36.00 and gave the company a “neutral” rating in a report on Friday, November 17th. KeyCorp reissued a “buy” rating and set a $35.00 price objective on shares of Twenty-First Century Fox in a report on Sunday, November 19th. BMO Capital Markets reissued a “buy” rating and set a $35.00 price objective on shares of Twenty-First Century Fox in a report on Wednesday, November 22nd. Rosenblatt Securities reaffirmed a “buy” rating and issued a $40.00 price target on shares of Twenty-First Century Fox in a report on Monday, December 4th. Finally, Wells Fargo & Co reaffirmed an “outperform” rating on shares of Twenty-First Century Fox in a report on Thursday, December 7th. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and thirteen have issued a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average price target of $37.73.
Twenty-First Century Fox (NASDAQ:FOXA) last posted its quarterly earnings data on Wednesday, February 7th. The company reported $0.42 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.38 by $0.04. The company had revenue of $8.04 billion during the quarter, compared to analyst estimates of $7.94 billion. Twenty-First Century Fox had a return on equity of 19.01% and a net margin of 13.49%. The firm’s quarterly revenue was up 4.6% on a year-over-year basis. During the same quarter last year, the company earned $0.53 earnings per share. research analysts anticipate that Twenty-First Century Fox Inc will post 2.04 EPS for the current fiscal year.
The firm also recently disclosed a Semi-Annual dividend, which will be paid on Wednesday, April 18th. Investors of record on Wednesday, March 14th will be paid a dividend of $0.18 per share. This represents a yield of 0.00503778337531486%. The ex-dividend date of this dividend is Tuesday, March 13th. Twenty-First Century Fox’s dividend payout ratio is 24.83%.
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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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