Candriam Luxembourg S.C.A. Acquires 113,484 Shares of Twenty-First Century Fox, Inc. (FOXA)

Candriam Luxembourg S.C.A. increased its holdings in shares of Twenty-First Century Fox, Inc. (NASDAQ:FOXA) by 76.8% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 261,190 shares of the company’s stock after purchasing an additional 113,484 shares during the period. Candriam Luxembourg S.C.A.’s holdings in Twenty-First Century Fox were worth $6,890,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the stock. Capital Research Global Investors boosted its stake in Twenty-First Century Fox by 20.2% during the 2nd quarter. Capital Research Global Investors now owns 85,581,646 shares of the company’s stock worth $2,425,384,000 after purchasing an additional 14,398,422 shares during the period. Vanguard Group Inc. boosted its stake in Twenty-First Century Fox by 0.4% during the 2nd quarter. Vanguard Group Inc. now owns 67,589,972 shares of the company’s stock worth $1,915,500,000 after purchasing an additional 287,817 shares during the period. BlackRock Inc. boosted its stake in Twenty-First Century Fox by 2.5% during the 2nd quarter. BlackRock Inc. now owns 59,202,463 shares of the company’s stock worth $1,677,798,000 after purchasing an additional 1,432,981 shares during the period. Independent Franchise Partners LLP boosted its stake in Twenty-First Century Fox by 7.7% during the 3rd quarter. Independent Franchise Partners LLP now owns 28,394,638 shares of the company’s stock worth $749,050,000 after purchasing an additional 2,039,154 shares during the period. Finally, JPMorgan Chase & Co. boosted its stake in 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 during the period. Hedge funds and other institutional investors own 53.45% of the company’s stock.

Twenty-First Century Fox, Inc. (NASDAQ FOXA) traded up $0.14 during trading hours on Monday, reaching $28.84. 14,782,600 shares of the company’s stock traded hands, compared to its average volume of 8,608,249. The company has a debt-to-equity ratio of 1.09, a current ratio of 2.08 and a quick ratio of 1.73. Twenty-First Century Fox, Inc. has a 52-week low of $24.81 and a 52-week high of $32.60. The stock has a market cap of $52,810.00, a P/E ratio of 15.02, a P/E/G ratio of 1.98 and a beta of 1.36.

Twenty-First Century Fox (NASDAQ:FOXA) last posted its earnings results on Wednesday, November 8th. The company reported $0.49 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.48 by $0.01. Twenty-First Century Fox had a net margin of 10.30% and a return on equity of 21.41%. The firm had revenue of $7 billion during the quarter, compared to the consensus estimate of $6.80 billion. During the same period last year, the firm posted $0.51 EPS. The firm’s revenue for the quarter was up 7.6% on a year-over-year basis. sell-side analysts predict that Twenty-First Century Fox, Inc. will post 1.98 EPS for the current year.

A number of analysts recently weighed in on the stock. B. Riley reiterated a “neutral” rating on shares of Twenty-First Century Fox in a research note on Wednesday, November 1st. KeyCorp reiterated a “buy” rating and set a $35.00 price target on shares of Twenty-First Century Fox in a research note on Sunday, September 10th. Jefferies Group LLC reiterated a “buy” rating and set a $35.00 price target on shares of Twenty-First Century Fox in a research note on Tuesday, September 26th. Cowen and Company reiterated a “market perform” rating and set a $32.00 price target (down previously from $33.00) on shares of Twenty-First Century Fox in a research note on Thursday, August 10th. Finally, Piper Jaffray Companies assumed coverage on shares of Twenty-First Century Fox in a research note on Friday, August 11th. They set an “overweight” rating and a $35.00 price target for the company. One investment analyst has rated the stock with a sell rating, six have given a hold rating and eighteen have issued a buy rating to the company’s stock. Twenty-First Century Fox has a consensus rating of “Buy” and an average target price of $33.40.

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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.

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

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