Brokerages Set Twenty-First Century Fox, Inc. (FOXA) Target Price at $33.56

Twenty-First Century Fox, Inc. (NASDAQ:FOXA) has been given an average rating of “Buy” by the twenty-six analysts that are presently covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and eighteen have issued a buy rating on the company. The average twelve-month price target among brokers that have covered the stock in the last year is $33.56.

Several equities research analysts recently commented on FOXA shares. ValuEngine raised shares of Twenty-First Century Fox from a “hold” rating to a “buy” rating in a research report on Thursday, July 6th. Credit Suisse Group reaffirmed a “buy” rating on shares of Twenty-First Century Fox in a research report on Thursday, August 3rd. Zacks Investment Research cut shares of Twenty-First Century Fox from a “hold” rating to a “sell” rating in a research report on Tuesday, July 11th. Guggenheim reaffirmed a “buy” rating and issued a $35.00 price objective on shares of Twenty-First Century Fox in a research report on Wednesday, July 12th. Finally, Cowen and Company reaffirmed a “hold” rating and issued a $33.00 price objective on shares of Twenty-First Century Fox in a research report on Tuesday, July 11th.

Twenty-First Century Fox (FOXA) traded down 1.52% during trading on Wednesday, hitting $26.58. 3,955,643 shares of the stock were exchanged. The firm has a market capitalization of $49.20 billion, a PE ratio of 16.76 and a beta of 1.26. Twenty-First Century Fox has a 12-month low of $24.22 and a 12-month high of $32.60. The stock has a 50 day moving average price of $26.83 and a 200-day moving average price of $28.27.

Twenty-First Century Fox (NASDAQ:FOXA) last posted its quarterly earnings data on Wednesday, August 9th. The company reported $0.36 EPS for the quarter, beating the consensus estimate of $0.35 by $0.01. The business had revenue of $6.75 billion for 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%. The firm’s revenue was up 1.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.45 EPS. On average, equities research analysts anticipate that Twenty-First Century Fox will post $2.03 earnings per share for the current fiscal year.

The company also recently disclosed a semiannual dividend, which will be paid on Wednesday, October 18th. Stockholders of record on Wednesday, September 13th will be paid a dividend of $0.18 per share. The ex-dividend date of this dividend is Tuesday, September 12th. This represents a dividend yield of 1.29%. Twenty-First Century Fox’s dividend payout ratio is presently 22.64%.

COPYRIGHT VIOLATION WARNING: This news story was first published by The Ledger Gazette and is owned by of The Ledger Gazette. If you are accessing this news story on another website, it was illegally copied and reposted in violation of U.S. & international copyright and trademark legislation. The original version of this news story can be accessed at https://ledgergazette.com/2017/10/09/brokerages-set-twenty-first-century-fox-inc-foxa-target-price-at-33-56.html.

Institutional investors and hedge funds have recently made changes to their positions in the stock. Israel Discount Bank of New York acquired a new position in Twenty-First Century Fox in the 1st quarter valued at about $828,000. Louisiana State Employees Retirement System grew its stake in Twenty-First Century Fox by 0.9% in the 2nd quarter. Louisiana State Employees Retirement System now owns 65,300 shares of the company’s stock valued at $1,851,000 after buying an additional 600 shares during the last quarter. JPMorgan Chase & Co. grew its stake in Twenty-First Century Fox by 8.7% in the 2nd quarter. JPMorgan Chase & Co. now owns 26,630,790 shares of the company’s stock valued at $754,718,000 after buying an additional 2,140,568 shares during the last quarter. Wright Investors Service Inc. grew its stake in Twenty-First Century Fox by 1.6% in the 2nd quarter. Wright Investors Service Inc. now owns 27,100 shares of the company’s stock valued at $768,000 after buying an additional 415 shares during the last quarter. Finally, Financial Counselors Inc. grew its stake in Twenty-First Century Fox by 80.0% in the 2nd quarter. Financial Counselors Inc. now owns 304,272 shares of the company’s st

Several equities research analysts recently commented on FOXA shares. ValuEngine raised shares of Twenty-First Century Fox from a “hold” rating to a “buy” rating in a research report on Thursday, July 6th. Credit Suisse Group reaffirmed a “buy” rating on shares of Twenty-First Century Fox in a research report on Thursday, August 3rd. Zacks Investment Research cut shares of Twenty-First Century Fox from a “hold” rating to a “sell” rating in a research report on Tuesday, July 11th. Guggenheim reaffirmed a “buy” rating and issued a $35.00 price objective on shares of Twenty-First Century Fox in a research report on Wednesday, July 12th. Finally, Cowen and Company reaffirmed a “hold” rating and issued a $33.00 price objective on shares of Twenty-First Century Fox in a research report on Tuesday, July 11th.

Twenty-First Century Fox (FOXA) traded down 1.52% during trading on Wednesday, hitting $26.58. 3,955,643 shares of the stock were exchanged. The firm has a market capitalization of $49.20 billion, a PE ratio of 16.76 and a beta of 1.26. Twenty-First Century Fox has a 12-month low of $24.22 and a 12-month high of $32.60. The stock has a 50 day moving average price of $26.83 and a 200-day moving average price of $28.27.

Twenty-First Century Fox (NASDAQ:FOXA) last posted its quarterly earnings data on Wednesday, August 9th. The company reported $0.36 EPS for the quarter, beating the consensus estimate of $0.35 by $0.01. The business had revenue of $6.75 billion for 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%. The firm’s revenue was up 1.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.45 EPS. On average, equities research analysts anticipate that Twenty-First Century Fox will post $2.03 earnings per share for the current fiscal year.

The company also recently disclosed a semiannual dividend, which will be paid on Wednesday, October 18th. Stockholders of record on Wednesday, September 13th will be paid a dividend of $0.18 per share. The ex-dividend date of this dividend is Tuesday, September 12th. This represents a dividend yield of 1.29%. Twenty-First Century Fox’s dividend payout ratio is presently 22.64%.

COPYRIGHT VIOLATION WARNING: This news story was first published by The Ledger Gazette and is owned by of The Ledger Gazette. If you are accessing this news story on another website, it was illegally copied and reposted in violation of U.S. & international copyright and trademark legislation. The original version of this news story can be accessed at https://ledgergazette.com/2017/10/09/brokerages-set-twenty-first-century-fox-inc-foxa-target-price-at-33-56.html.

Institutional investors and hedge funds have recently made changes to their positions in the stock. Israel Discount Bank of New York acquired a new position in Twenty-First Century Fox in the 1st quarter valued at about $828,000. Louisiana State Employees Retirement System grew its stake in Twenty-First Century Fox by 0.9% in the 2nd quarter. Louisiana State Employees Retirement System now owns 65,300 shares of the company’s stock valued at $1,851,000 after buying an additional 600 shares during the last quarter. JPMorgan Chase & Co. grew its stake in Twenty-First Century Fox by 8.7% in the 2nd quarter. JPMorgan Chase & Co. now owns 26,630,790 shares of the company’s stock valued at $754,718,000 after buying an additional 2,140,568 shares during the last quarter. Wright Investors Service Inc. grew its stake in Twenty-First Century Fox by 1.6% in the 2nd quarter. Wright Investors Service Inc. now owns 27,100 shares of the company’s stock valued at $768,000 after buying an additional 415 shares during the last quarter. Finally, Financial Counselors Inc. grew its stake in Twenty-First Century Fox by 80.0% in the 2nd quarter. Financial Counselors Inc. now owns 304,272 shares of the company’s stock valued at $8,623,000 after buying an additional 135,241 shares during the last quarter. Institutional investors and hedge funds own 53.34% of the company’s stock.

Twenty-First Century Fox Company 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.

Analyst Recommendations for Twenty-First Century Fox (NASDAQ:FOXA)

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