Twenty-First Century Fox, Inc. (FOXA) Holdings Increased by Financial Counselors Inc.

Financial Counselors Inc. grew its stake in shares of Twenty-First Century Fox, Inc. (NASDAQ:FOXA) by 80.0% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 304,272 shares of the company’s stock after acquiring an additional 135,241 shares during the period. Financial Counselors Inc.’s holdings in Twenty-First Century Fox were worth $8,623,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the company. Vanguard Group Inc. increased its stake in shares of Twenty-First Century Fox by 1.2% during the 1st quarter. Vanguard Group Inc. now owns 67,302,155 shares of the company’s stock worth $2,179,917,000 after purchasing an additional 800,751 shares in the last quarter. BlackRock Inc. increased its stake in shares of Twenty-First Century Fox by 2,105.9% during the 1st quarter. BlackRock Inc. now owns 57,769,482 shares of the company’s stock worth $1,871,155,000 after purchasing an additional 55,150,610 shares in the last quarter. State Street Corp increased its stake in shares of Twenty-First Century Fox by 2.6% during the 1st quarter. State Street Corp now owns 45,901,829 shares of the company’s stock worth $1,486,981,000 after purchasing an additional 1,152,570 shares in the last quarter. Wellington Management Group LLP increased its stake in shares of Twenty-First Century Fox by 4.4% during the 1st quarter. Wellington Management Group LLP now owns 34,076,667 shares of the company’s stock worth $1,103,742,000 after purchasing an additional 1,437,559 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its stake in shares of Twenty-First Century Fox by 8.7% during the 2nd quarter. JPMorgan Chase & Co. now owns 26,630,790 shares of the company’s stock worth $754,718,000 after purchasing an additional 2,140,568 shares in the last quarter. 53.33% of the stock is owned by institutional investors and hedge funds.

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FOXA has been the subject of several recent analyst reports. ValuEngine cut shares of Twenty-First Century Fox from a “buy” rating to a “hold” rating in a research note on Friday, June 2nd. Moffett Nathanson reaffirmed a “buy” rating on shares of Twenty-First Century Fox in a research note on Friday, June 9th. Royal Bank Of Canada set a $33.00 target price on shares of Twenty-First Century Fox and gave the stock a “buy” rating in a research note on Monday, June 12th. BMO Capital Markets set a $36.00 target price on shares of Twenty-First Century Fox and gave the stock a “buy” rating in a research note on Friday, June 16th. Finally, Credit Suisse Group reaffirmed a “buy” rating and issued a $37.00 target price on shares of Twenty-First Century Fox in a research note on Friday, June 30th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and eighteen have issued a buy rating to the company’s stock. Twenty-First Century Fox presently has a consensus rating of “Buy” and an average price target of $33.43.

Shares of Twenty-First Century Fox, Inc. (FOXA) traded up 2.08% during trading on Friday, reaching $27.05. 9,069,023 shares of the company’s stock were exchanged. The company has a 50 day moving average of $27.50 and a 200 day moving average of $28.73. Twenty-First Century Fox, Inc. has a 52-week low of $23.60 and a 52-week high of $32.60. The firm has a market capitalization of $50.07 billion, a P/E ratio of 17.06 and a beta of 1.28.

Twenty-First Century Fox (NASDAQ:FOXA) last posted its quarterly earnings data on Wednesday, August 9th. The company reported $0.36 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.35 by $0.01. The business had revenue of $6.75 billion during the quarter, compared to analysts’ expectations of $6.79 billion. Twenty-First Century Fox had a net margin of 10.36% and a return on equity of 22.46%. Twenty-First Century Fox’s revenue was up 1.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.45 earnings per share. Equities analysts anticipate that Twenty-First Century Fox, Inc. will post $2.03 earnings per share for the current fiscal year.

The business also recently announced a semiannual dividend, which will be paid on Wednesday, October 18th. Stockholders of record on Wednesday, September 13th will be issued a $0.18 dividend. The ex-dividend date is Tuesday, September 12th. This represents a dividend yield of 1.29%. Twenty-First Century Fox’s dividend payout ratio (DPR) is currently 22.64%.

Twenty-First Century Fox Profile

Twenty-First Century Fox, Inc is a media and entertainment company. The Company’s segments include Cable Network Programming; Television; Filmed Entertainment, and Other, Corporate and Eliminations. The Cable Network Programming segment produces and licenses news, business news, sports, general entertainment, factual entertainment and movie programming for distribution.

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

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