Russell Investments Group Ltd. Sells 179,066 Shares of Twenty-First Century Fox, Inc. (FOXA)

Russell Investments Group Ltd. lowered its holdings in shares of Twenty-First Century Fox, Inc. (NASDAQ:FOXA) by 33.4% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 356,865 shares of the company’s stock after selling 179,066 shares during the period. Russell Investments Group Ltd.’s holdings in Twenty-First Century Fox were worth $9,413,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of FOXA. Capital Research Global Investors boosted its stake in Twenty-First Century Fox by 20.2% during the second quarter. Capital Research Global Investors now owns 85,581,646 shares of the company’s stock worth $2,425,384,000 after buying an additional 14,398,422 shares in the last quarter. Northern Trust Corp boosted its stake in Twenty-First Century Fox by 17.4% during the second quarter. Northern Trust Corp now owns 17,652,970 shares of the company’s stock worth $500,285,000 after buying an additional 2,621,748 shares in the last quarter. Boston Partners boosted its stake in Twenty-First Century Fox by 19.4% during the second quarter. Boston Partners now owns 15,926,008 shares of the company’s stock worth $451,343,000 after buying an additional 2,592,039 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in Twenty-First Century Fox by 8.7% during the second quarter. JPMorgan Chase & Co. now owns 26,630,790 shares of the company’s stock worth $754,718,000 after buying an additional 2,140,568 shares in the last quarter. Finally, Independent Franchise Partners LLP boosted its stake in Twenty-First Century Fox by 7.7% during the third quarter. Independent Franchise Partners LLP now owns 28,394,638 shares of the company’s stock worth $749,050,000 after buying an additional 2,039,154 shares in the last quarter. Hedge funds and other institutional investors own 54.50% of the company’s stock.

Twenty-First Century Fox, Inc. (NASDAQ:FOXA) opened at $32.99 on Wednesday. The company has a quick ratio of 1.73, a current ratio of 2.08 and a debt-to-equity ratio of 1.09. Twenty-First Century Fox, Inc. has a twelve month low of $24.81 and a twelve month high of $34.48. The stock has a market capitalization of $61,300.15, a PE ratio of 17.23, a P/E/G ratio of 2.27 and a beta of 1.34.

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

A number of research firms have weighed in on FOXA. Cowen 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. B. Riley reiterated a “neutral” rating on shares of Twenty-First Century Fox in a research note on Wednesday, November 1st. Royal Bank Of Canada reiterated an “outperform” rating and set a $35.00 price target (up previously from $33.00) on shares of Twenty-First Century Fox in a research note on Thursday, August 10th. Rosenblatt Securities reiterated a “buy” rating and set a $40.00 price target on shares of Twenty-First Century Fox in a research note on Monday. Finally, Piper Jaffray Companies began 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 on the stock. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and seventeen have issued a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average target price of $33.95.

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About Twenty-First Century Fox

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.

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

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