Intrust Bank NA acquired a new position in Twenty-First Century Fox Inc (NASDAQ:FOX) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 8,667 shares of the company’s stock, valued at approximately $296,000.
A number of other hedge funds also recently bought and sold shares of FOX. Yacktman Asset Management LP raised its position in Twenty-First Century Fox by 2.1% in the fourth quarter. Yacktman Asset Management LP now owns 28,078,485 shares of the company’s stock worth $958,038,000 after acquiring an additional 564,429 shares in the last quarter. Baupost Group LLC MA raised its position in Twenty-First Century Fox by 1.5% in the third quarter. Baupost Group LLC MA now owns 7,384,542 shares of the company’s stock worth $190,447,000 after acquiring an additional 106,442 shares in the last quarter. Diamond Hill Capital Management Inc. raised its position in Twenty-First Century Fox by 2.9% in the third quarter. Diamond Hill Capital Management Inc. now owns 7,168,686 shares of the company’s stock worth $184,880,000 after acquiring an additional 199,015 shares in the last quarter. State of Wisconsin Investment Board raised its position in Twenty-First Century Fox by 556.4% in the third quarter. State of Wisconsin Investment Board now owns 5,714,957 shares of the company’s stock worth $147,389,000 after acquiring an additional 4,844,318 shares in the last quarter. Finally, Gamco Investors INC. ET AL raised its position in Twenty-First Century Fox by 28.9% in the fourth quarter. Gamco Investors INC. ET AL now owns 3,344,543 shares of the company’s stock worth $114,116,000 after acquiring an additional 749,839 shares in the last quarter. 23.14% of the stock is owned by institutional investors and hedge funds.
FOX has been the topic of several research reports. BidaskClub upgraded shares of Twenty-First Century Fox from a “hold” rating to a “buy” rating in a research report on Friday, January 5th. OTR Global upgraded Twenty-First Century Fox to a “positive” rating in a report on Monday, October 30th. One investment analyst has rated the stock with a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus target price of $34.00.
In other Twenty-First Century Fox news, EVP Gerson Zweifach sold 110,728 shares of Twenty-First Century Fox stock in a transaction dated Monday, December 18th. The stock was sold at an average price of $34.90, for a total transaction of $3,864,407.20. Following the transaction, the executive vice president now owns 36,007 shares of the company’s stock, valued at approximately $1,256,644.30. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 39.40% of the company’s stock.
Shares of Twenty-First Century Fox Inc (FOX) opened at $36.65 on Friday. The company has a debt-to-equity ratio of 0.98, a quick ratio of 1.77 and a current ratio of 2.16. The stock has a market capitalization of $67,024.46, a PE ratio of 19.99 and a beta of 1.35. Twenty-First Century Fox Inc has a twelve month low of $24.30 and a twelve month high of $38.56.
Twenty-First Century Fox (NASDAQ:FOX) last posted its quarterly earnings data on Wednesday, February 7th. The company reported $0.42 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.38 by $0.04. Twenty-First Century Fox had a return on equity of 19.01% and a net margin of 13.49%. The firm had revenue of $8.04 billion for the quarter.
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 18th. Shareholders of record on Wednesday, March 14th will be paid a dividend of $0.18 per share. The ex-dividend date of this dividend is Tuesday, March 13th. This represents a $0.72 annualized dividend and a yield of 1.96%. Twenty-First Century Fox’s dividend payout ratio (DPR) is presently 16.82%.
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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.
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