HM Payson & Co. Has $16.33 Million Holdings in Twenty-First Century Fox Inc (FOX)

HM Payson & Co. reduced its position in shares of Twenty-First Century Fox Inc (NASDAQ:FOX) by 16.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 356,474 shares of the company’s stock after selling 68,684 shares during the period. HM Payson & Co.’s holdings in Twenty-First Century Fox were worth $16,333,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the business. Morgan Stanley boosted its stake in shares of Twenty-First Century Fox by 0.6% during the 3rd quarter. Morgan Stanley now owns 16,558,691 shares of the company’s stock worth $758,719,000 after purchasing an additional 95,137 shares during the last quarter. Standard Life Aberdeen plc boosted its position in shares of Twenty-First Century Fox by 3.7% in the third quarter. Standard Life Aberdeen plc now owns 149,326 shares of the company’s stock worth $6,847,000 after acquiring an additional 5,377 shares during the last quarter. Rehmann Capital Advisory Group boosted its position in shares of Twenty-First Century Fox by 4,558.6% in the third quarter. Rehmann Capital Advisory Group now owns 19,799 shares of the company’s stock worth $432,000 after acquiring an additional 19,374 shares during the last quarter. Nordea Investment Management AB boosted its position in shares of Twenty-First Century Fox by 7.4% in the third quarter. Nordea Investment Management AB now owns 20,672 shares of the company’s stock worth $948,000 after acquiring an additional 1,418 shares during the last quarter. Finally, TIAA CREF Investment Management LLC boosted its position in shares of Twenty-First Century Fox by 6.8% in the third quarter. TIAA CREF Investment Management LLC now owns 1,365,021 shares of the company’s stock worth $62,545,000 after acquiring an additional 86,540 shares during the last quarter. 24.10% of the stock is currently owned by institutional investors.

Shares of FOX traded up $0.02 during mid-day trading on Friday, hitting $49.32. The company had a trading volume of 90,301 shares, compared to its average volume of 4,751,852. 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 Inc has a 1-year low of $30.22 and a 1-year high of $49.65. The stock has a market capitalization of $91.24 billion, a PE ratio of 25.05 and a beta of 1.15.

Twenty-First Century Fox (NASDAQ:FOX) last posted its quarterly earnings results on Wednesday, November 7th. The company reported $0.52 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.52. Twenty-First Century Fox had a net margin of 16.01% and a return on equity of 18.01%. The firm had revenue of $7.18 billion for the quarter. As a group, sell-side analysts expect that Twenty-First Century Fox Inc will post 1.86 earnings per share for the current fiscal year.

Several equities research analysts recently issued reports on FOX shares. BidaskClub cut shares of Twenty-First Century Fox from a “buy” rating to a “hold” rating in a research report on Wednesday, August 22nd. ValuEngine cut shares of Twenty-First Century Fox from a “buy” rating to a “hold” rating in a research report on Wednesday, November 21st.

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Twenty-First Century Fox 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.

See Also: Balance Sheet

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

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