Twenty-First Century Fox Inc (FOXA) Shares Sold by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. lowered its holdings in Twenty-First Century Fox Inc (NASDAQ:FOXA) by 85.8% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 31,712 shares of the company’s stock after selling 191,220 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in Twenty-First Century Fox were worth $1,475,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Perella Weinberg Partners Capital Management LP lifted its position in shares of Twenty-First Century Fox by 24.9% in the 3rd quarter. Perella Weinberg Partners Capital Management LP now owns 502,072 shares of the company’s stock worth $23,261,000 after acquiring an additional 100,083 shares during the period. USA Financial Portformulas Corp lifted its position in shares of Twenty-First Century Fox by 90.2% in the 3rd quarter. USA Financial Portformulas Corp now owns 246,041 shares of the company’s stock worth $12,226,000 after acquiring an additional 116,684 shares during the period. Robeco Institutional Asset Management B.V. lifted its position in shares of Twenty-First Century Fox by 56.0% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 144,650 shares of the company’s stock worth $6,703,000 after acquiring an additional 51,906 shares during the period. Oregon Public Employees Retirement Fund lifted its position in shares of Twenty-First Century Fox by 1.3% in the 3rd quarter. Oregon Public Employees Retirement Fund now owns 281,982 shares of the company’s stock worth $13,064,000 after acquiring an additional 3,720 shares during the period. Finally, Nissay Asset Management Corp Japan ADV lifted its position in shares of Twenty-First Century Fox by 1.8% in the 3rd quarter. Nissay Asset Management Corp Japan ADV now owns 147,174 shares of the company’s stock worth $6,819,000 after acquiring an additional 2,657 shares during the period. 53.99% of the stock is currently owned by hedge funds and other institutional investors.

FOXA has been the subject of a number of research reports. Macquarie raised their price objective on Twenty-First Century Fox from $46.00 to $49.00 and gave the stock a “neutral” rating in a research report on Thursday, September 6th. Morgan Stanley restated an “overweight” rating and set a $53.00 target price on shares of Twenty-First Century Fox in a research report on Monday, October 15th. Zacks Investment Research downgraded Twenty-First Century Fox from a “hold” rating to a “sell” rating in a research report on Tuesday, October 9th. Jefferies Financial Group restated a “buy” rating and set a $50.00 target price on shares of Twenty-First Century Fox in a research report on Friday, August 10th. Finally, ValuEngine downgraded Twenty-First Century Fox from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, August 28th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and thirteen have given a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average price target of $46.06.

Twenty-First Century Fox stock opened at $48.16 on Friday. 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 company has a market cap of $88.09 billion, a P/E ratio of 23.77, a P/E/G ratio of 2.87 and a beta of 1.21. Twenty-First Century Fox Inc has a one year low of $27.53 and a one year high of $50.15.

Twenty-First Century Fox (NASDAQ:FOXA) last posted its earnings results on Wednesday, November 7th. The company reported $0.52 EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.52. Twenty-First Century Fox had a return on equity of 18.40% and a net margin of 16.01%. The business had revenue of $7.18 billion during the quarter, compared to the consensus estimate of $7.23 billion. During the same quarter last year, the company earned $0.49 EPS. Twenty-First Century Fox’s revenue was up 2.5% on a year-over-year basis. On average, equities research analysts forecast that Twenty-First Century Fox Inc will post 1.97 EPS for the current fiscal year.

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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.

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

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