Auxier Asset Management Sells 32,328 Shares of Twenty-First Century Fox Inc Class A (FOXA)

Auxier Asset Management lessened its stake in Twenty-First Century Fox Inc Class A (NASDAQ:FOXA) by 44.8% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 39,895 shares of the company’s stock after selling 32,328 shares during the quarter. Auxier Asset Management’s holdings in Twenty-First Century Fox Inc Class A were worth $1,982,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Kaizen Advisory LLC lifted its holdings in Twenty-First Century Fox Inc Class A by 121.8% during the 2nd quarter. Kaizen Advisory LLC now owns 2,278 shares of the company’s stock valued at $113,000 after purchasing an additional 1,251 shares during the last quarter. Centaurus Financial Inc. acquired a new stake in Twenty-First Century Fox Inc Class A during the 2nd quarter valued at $115,000. Nelson Roberts Investment Advisors LLC acquired a new stake in Twenty-First Century Fox Inc Class A during the 2nd quarter valued at $122,000. Sun Life Financial INC lifted its holdings in Twenty-First Century Fox Inc Class A by 1,522.7% during the 2nd quarter. Sun Life Financial INC now owns 2,856 shares of the company’s stock valued at $142,000 after purchasing an additional 2,680 shares during the last quarter. Finally, Tyers Asset Management LLC lifted its holdings in Twenty-First Century Fox Inc Class A by 129.5% during the 2nd quarter. Tyers Asset Management LLC now owns 3,232 shares of the company’s stock valued at $161,000 after purchasing an additional 1,824 shares during the last quarter. 54.10% of the stock is owned by institutional investors.

FOXA has been the topic of several recent research reports. B. Riley increased their price objective on Twenty-First Century Fox Inc Class A from $46.00 to $50.00 and gave the stock a “buy” rating in a research report on Thursday, June 21st. Zacks Investment Research upgraded Twenty-First Century Fox Inc Class A from a “sell” rating to a “hold” rating in a research report on Tuesday, July 10th. Macquarie increased their price objective on Twenty-First Century Fox Inc Class A from $46.00 to $49.00 and gave the stock a “neutral” rating in a research report on Thursday, September 6th. Loop Capital increased their price objective on Twenty-First Century Fox Inc Class A to $47.00 and gave the stock a “buy” rating in a research report on Thursday, June 14th. Finally, UBS Group cut Twenty-First Century Fox Inc Class A from a “buy” rating to a “neutral” rating and set a $39.00 price objective on the stock. in a research report on Friday, July 20th. Nine equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. Twenty-First Century Fox Inc Class A has an average rating of “Buy” and an average target price of $44.31.

Shares of FOXA stock opened at $44.79 on Friday. The company has a current ratio of 2.35, a quick ratio of 1.90 and a debt-to-equity ratio of 0.89. The stock has a market cap of $82.87 billion, a PE ratio of 22.74, a PEG ratio of 2.31 and a beta of 1.32. Twenty-First Century Fox Inc Class A has a 12 month low of $24.81 and a 12 month high of $50.15.

Twenty-First Century Fox Inc Class A (NASDAQ:FOXA) last posted its quarterly earnings data on Wednesday, August 8th. The company reported $0.57 EPS for the quarter, topping the Zacks’ consensus estimate of $0.54 by $0.03. The company had revenue of $7.94 billion for the quarter, compared to analyst estimates of $7.52 billion. Twenty-First Century Fox Inc Class A had a return on equity of 18.71% and a net margin of 14.68%. The firm’s quarterly revenue was up 17.7% on a year-over-year basis. During the same period in the previous year, the firm earned $0.36 earnings per share. equities analysts predict that Twenty-First Century Fox Inc Class A will post 2.04 EPS for the current year.

The business also recently disclosed a Semi-Annual dividend, which will be paid on Wednesday, October 17th. Investors of record on Wednesday, September 12th will be paid a $0.18 dividend. This represents a dividend yield of 0.79%. The ex-dividend date is Tuesday, September 11th. Twenty-First Century Fox Inc Class A’s dividend payout ratio is currently 18.27%.

Twenty-First Century Fox Inc Class A Profile

Twenty-First Century Fox, Inc operates as a diversified media and entertainment company primarily in the United States and Canada, Europe, and internationally. It operates through Cable Network Programming, Television, and Filmed Entertainment segments. The company produces and licenses news, business news, sports, general entertainment, factual entertainment, and movie programming for distribution primarily through cable television systems, direct broadcast satellite operators, telecommunication companies, and online video distributors.

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Institutional Ownership by Quarter for Twenty-First Century Fox Inc Class A (NASDAQ:FOXA)

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