World Asset Management Inc raised its position in Twenty-First Century Fox Inc (NASDAQ:FOX) by 9.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 30,953 shares of the company’s stock after purchasing an additional 2,564 shares during the quarter. World Asset Management Inc’s holdings in Twenty-First Century Fox were worth $1,418,000 as of its most recent SEC filing.
A number of other institutional investors have also recently bought and sold shares of FOX. US Bancorp DE raised its position in Twenty-First Century Fox by 116.8% in the second quarter. US Bancorp DE now owns 3,840 shares of the company’s stock valued at $189,000 after purchasing an additional 2,069 shares during the last quarter. Franklin Street Advisors Inc. NC bought a new position in Twenty-First Century Fox in the third quarter valued at about $208,000. People s United Financial Inc. bought a new position in Twenty-First Century Fox in the second quarter valued at about $211,000. Laurel Wealth Advisors Inc. bought a new position in Twenty-First Century Fox in the second quarter valued at about $222,000. Finally, Visionary Asset Management Inc. bought a new position in Twenty-First Century Fox in the third quarter valued at about $230,000. Hedge funds and other institutional investors own 23.81% of the company’s stock.
In related news, insider Lachlan K. Murdoch acquired 137,801 shares of the stock in a transaction dated Thursday, August 16th. The stock was bought at an average cost of $45.48 per share, for a total transaction of $6,267,189.48. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 39.40% of the stock is owned by company insiders.
Shares of FOX opened at $44.94 on Friday. Twenty-First Century Fox Inc has a 1 year low of $24.30 and a 1 year high of $49.65. The company has a quick ratio of 1.90, a current ratio of 2.35 and a debt-to-equity ratio of 0.89. The stock has a market cap of $84.88 billion, a PE ratio of 23.26 and a beta of 1.25.
Twenty-First Century Fox (NASDAQ:FOX) last issued its quarterly earnings data on Wednesday, August 8th. The company reported $0.57 earnings per share (EPS) for the quarter. Twenty-First Century Fox had a return on equity of 18.71% and a net margin of 14.68%. The company had revenue of $7.94 billion during the quarter.
The business also recently disclosed a Semi-Annual dividend, which will be paid on Wednesday, October 17th. Stockholders of record on Wednesday, September 12th will be given a dividend of $0.18 per share. The ex-dividend date is Tuesday, September 11th. This represents a dividend yield of 0.8%.
Separately, BidaskClub downgraded Twenty-First Century Fox from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, July 25th.
Twenty-First Century Fox Company 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.
Further Reading: Marijuana Stocks Investing Considerations
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.