Mirae Asset Global Investments Co. Ltd. boosted its position in Twenty-First Century Fox Inc (NASDAQ:FOX) by 69.8% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 94,551 shares of the company’s stock after purchasing an additional 38,866 shares during the period. Mirae Asset Global Investments Co. Ltd.’s holdings in Twenty-First Century Fox were worth $4,323,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Aperio Group LLC lifted its position in Twenty-First Century Fox by 3.6% in the third quarter. Aperio Group LLC now owns 31,933 shares of the company’s stock worth $1,463,000 after purchasing an additional 1,110 shares during the period. F&V Capital Management LLC lifted its position in Twenty-First Century Fox by 1.2% in the third quarter. F&V Capital Management LLC now owns 101,160 shares of the company’s stock worth $4,635,000 after purchasing an additional 1,220 shares during the period. Conning Inc. lifted its position in shares of Twenty-First Century Fox by 21.1% during the 3rd quarter. Conning Inc. now owns 9,310 shares of the company’s stock valued at $427,000 after acquiring an additional 1,620 shares during the last quarter. Bbva Compass Bancshares Inc. lifted its position in shares of Twenty-First Century Fox by 3.3% during the 3rd quarter. Bbva Compass Bancshares Inc. now owns 53,580 shares of the company’s stock valued at $2,455,000 after acquiring an additional 1,691 shares during the last quarter. Finally, Advisor Partners LLC lifted its position in shares of Twenty-First Century Fox by 19.9% during the 3rd quarter. Advisor Partners LLC now owns 10,223 shares of the company’s stock valued at $468,000 after acquiring an additional 1,696 shares during the last quarter. Hedge funds and other institutional investors own 21.93% of the company’s stock.
Shares of NASDAQ:FOX opened at $48.99 on Friday. Twenty-First Century Fox Inc has a one year low of $32.06 and a one year high of $49.65. The firm has a market cap of $91.20 billion, a PE ratio of 24.87 and a beta of 1.19. The company has a debt-to-equity ratio of 0.84, a current ratio of 2.45 and a quick ratio of 1.96.
Twenty-First Century Fox (NASDAQ:FOX) last announced its quarterly earnings data on Wednesday, November 7th. The company reported $0.52 EPS for the quarter, meeting analysts’ consensus estimates of $0.52. Twenty-First Century Fox had a return on equity of 18.01% and a net margin of 16.01%. The company had revenue of $7.18 billion during the quarter. On average, equities research analysts expect that Twenty-First Century Fox Inc will post 1.86 EPS for the current year.
A number of equities research analysts have recently commented on the company. BidaskClub upgraded Twenty-First Century Fox from a “strong sell” rating to a “sell” rating in a research report on Wednesday, October 3rd. ValuEngine downgraded 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.
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