News Corporation (NWSA) Stake Increased by Tudor Investment Corp ET AL

Tudor Investment Corp ET AL raised its position in shares of News Corporation (NASDAQ:NWSA) by 154.7% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 45,324 shares of the company’s stock after buying an additional 27,526 shares during the period. Tudor Investment Corp ET AL’s holdings in News Corporation were worth $621,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of NWSA. Ameritas Investment Partners Inc. bought a new stake in shares of News Corporation during the first quarter valued at approximately $118,000. Pacer Advisors Inc. grew its stake in shares of News Corporation by 56.6% during the first quarter. Pacer Advisors Inc. now owns 10,662 shares of the company’s stock valued at $139,000 after purchasing an additional 3,853 shares during the last quarter. Creative Planning grew its stake in shares of News Corporation by 109.9% during the second quarter. Creative Planning now owns 11,068 shares of the company’s stock valued at $152,000 after purchasing an additional 5,795 shares during the last quarter. Balyasny Asset Management LLC bought a new stake in shares of News Corporation during the second quarter valued at approximately $155,000. Finally, Parametrica Management Ltd bought a new stake in shares of News Corporation during the second quarter valued at approximately $156,000. 60.61% of the stock is owned by institutional investors.

News Corporation (NASDAQ NWSA) opened at 13.29 on Monday. The company’s market capitalization is $7.73 billion. News Corporation has a 52 week low of $10.99 and a 52 week high of $14.55. The firm has a 50-day moving average of $13.26 and a 200-day moving average of $13.27.

News Corporation (NASDAQ:NWSA) last posted its quarterly earnings data on Thursday, August 10th. The company reported $0.11 EPS for the quarter, beating the Zacks’ consensus estimate of $0.09 by $0.02. News Corporation had a negative net margin of 9.07% and a positive return on equity of 1.83%. The company had revenue of $2.08 billion for the quarter, compared to analyst estimates of $2.11 billion. During the same period in the prior year, the firm posted $0.10 EPS. The company’s quarterly revenue was down 6.6% on a year-over-year basis. Equities analysts expect that News Corporation will post $0.47 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 $0.10 dividend. This represents a dividend yield of 1.49%. The ex-dividend date of this dividend is Tuesday, September 12th. News Corporation’s dividend payout ratio is currently -15.63%.

Several research firms have recently commented on NWSA. Zacks Investment Research cut shares of News Corporation from a “hold” rating to a “sell” rating in a research note on Thursday, August 3rd. Jefferies Group LLC reissued a “buy” rating and set a $17.00 price target on shares of News Corporation in a research note on Sunday, July 30th. Finally, Rosenblatt Securities began coverage on shares of News Corporation in a research note on Friday, July 14th. They set a “buy” rating and a $17.00 price target on the stock. Two research analysts have rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating to the company’s stock. News Corporation currently has an average rating of “Hold” and a consensus price target of $15.20.

ILLEGAL ACTIVITY WARNING: This piece was originally posted by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are reading this piece on another site, it was stolen and republished in violation of international trademark and copyright law. The original version of this piece can be viewed at https://ledgergazette.com/2017/10/09/news-corporation-nwsa-stake-increased-by-tudor-investment-corp-et-al.html.

News Corporation Profile

News Corporation is a diversified media and information services company. The Company operates in five segments: News and Information Services, Cable Network Programming, Digital Real Estate Services, Book Publishing, and Other. The Company’s business consists of range of media, including news and information services, sports

Several other hedge funds and other institutional investors have also recently bought and sold shares of NWSA. Ameritas Investment Partners Inc. bought a new stake in shares of News Corporation during the first quarter valued at approximately $118,000. Pacer Advisors Inc. grew its stake in shares of News Corporation by 56.6% during the first quarter. Pacer Advisors Inc. now owns 10,662 shares of the company’s stock valued at $139,000 after purchasing an additional 3,853 shares during the last quarter. Creative Planning grew its stake in shares of News Corporation by 109.9% during the second quarter. Creative Planning now owns 11,068 shares of the company’s stock valued at $152,000 after purchasing an additional 5,795 shares during the last quarter. Balyasny Asset Management LLC bought a new stake in shares of News Corporation during the second quarter valued at approximately $155,000. Finally, Parametrica Management Ltd bought a new stake in shares of News Corporation during the second quarter valued at approximately $156,000. 60.61% of the stock is owned by institutional investors.

News Corporation (NASDAQ NWSA) opened at 13.29 on Monday. The company’s market capitalization is $7.73 billion. News Corporation has a 52 week low of $10.99 and a 52 week high of $14.55. The firm has a 50-day moving average of $13.26 and a 200-day moving average of $13.27.

News Corporation (NASDAQ:NWSA) last posted its quarterly earnings data on Thursday, August 10th. The company reported $0.11 EPS for the quarter, beating the Zacks’ consensus estimate of $0.09 by $0.02. News Corporation had a negative net margin of 9.07% and a positive return on equity of 1.83%. The company had revenue of $2.08 billion for the quarter, compared to analyst estimates of $2.11 billion. During the same period in the prior year, the firm posted $0.10 EPS. The company’s quarterly revenue was down 6.6% on a year-over-year basis. Equities analysts expect that News Corporation will post $0.47 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 $0.10 dividend. This represents a dividend yield of 1.49%. The ex-dividend date of this dividend is Tuesday, September 12th. News Corporation’s dividend payout ratio is currently -15.63%.

Several research firms have recently commented on NWSA. Zacks Investment Research cut shares of News Corporation from a “hold” rating to a “sell” rating in a research note on Thursday, August 3rd. Jefferies Group LLC reissued a “buy” rating and set a $17.00 price target on shares of News Corporation in a research note on Sunday, July 30th. Finally, Rosenblatt Securities began coverage on shares of News Corporation in a research note on Friday, July 14th. They set a “buy” rating and a $17.00 price target on the stock. Two research analysts have rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating to the company’s stock. News Corporation currently has an average rating of “Hold” and a consensus price target of $15.20.

ILLEGAL ACTIVITY WARNING: This piece was originally posted by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are reading this piece on another site, it was stolen and republished in violation of international trademark and copyright law. The original version of this piece can be viewed at https://ledgergazette.com/2017/10/09/news-corporation-nwsa-stake-increased-by-tudor-investment-corp-et-al.html.

News Corporation Profile

News Corporation is a diversified media and information services company. The Company operates in five segments: News and Information Services, Cable Network Programming, Digital Real Estate Services, Book Publishing, and Other. The Company’s business consists of range of media, including news and information services, sports programming in Australia, digital real estate services, book publishing, and pay-television (TV) distribution in Australia, that are distributed under the brands, including The Wall Street Journal, Dow Jones, Herald Sun, The Sun, The Times, HarperCollins Publishers, FOX SPORTS Australia and realestate.com.au.

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Institutional Ownership by Quarter for News Corporation (NASDAQ:NWSA)

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