American International Group Inc. lifted its stake in shares of Twenty-First Century Fox Inc (NASDAQ:FOX) by 14.5% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 213,337 shares of the company’s stock after purchasing an additional 27,022 shares during the quarter. American International Group Inc.’s holdings in Twenty-First Century Fox were worth $9,775,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors also recently made changes to their positions in the company. W.E. Donoghue & Co. LLC acquired a new stake in Twenty-First Century Fox during the 3rd quarter worth approximately $2,712,000. Opera Trading Capital acquired a new stake in Twenty-First Century Fox during the 2nd quarter worth approximately $4,271,000. Meag Munich Ergo Kapitalanlagegesellschaft MBH boosted its position in Twenty-First Century Fox by 80.0% during the 3rd quarter. Meag Munich Ergo Kapitalanlagegesellschaft MBH now owns 29,244 shares of the company’s stock worth $1,323,000 after buying an additional 12,997 shares during the period. Omni Partners LLP acquired a new stake in Twenty-First Century Fox during the 2nd quarter worth approximately $34,982,000. Finally, DNB Asset Management AS boosted its position in Twenty-First Century Fox by 8.7% during the 3rd quarter. DNB Asset Management AS now owns 58,432 shares of the company’s stock worth $2,677,000 after buying an additional 4,700 shares during the period. 24.10% of the stock is currently owned by institutional investors.
A number of brokerages have recently issued reports on FOX. BidaskClub downgraded shares of Twenty-First Century Fox from a “hold” rating to a “sell” rating in a research report on Thursday, August 30th. ValuEngine downgraded shares of Twenty-First Century Fox from a “buy” rating to a “hold” rating in a research report on Wednesday, November 21st.
Shares of NASDAQ FOX opened at $49.30 on Friday. The company has a market capitalization of $90.57 billion, a PE ratio of 25.03 and a beta of 1.15. Twenty-First Century Fox Inc has a 52-week low of $30.22 and a 52-week high of $49.65. The company has a debt-to-equity ratio of 0.84, a quick ratio of 1.96 and a current ratio of 2.45.
Twenty-First Century Fox (NASDAQ:FOX) last issued its quarterly earnings results on Wednesday, November 7th. The company reported $0.52 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $0.52. The firm had revenue of $7.18 billion for the quarter. Twenty-First Century Fox had a net margin of 16.01% and a return on equity of 18.01%. On average, equities research analysts expect that Twenty-First Century Fox Inc will post 1.86 EPS for the current year.
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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