Barrow Hanley Mewhinney & Strauss LLC increased its position in Twenty-First Century Fox Inc (NASDAQ:FOXA) by 1.6% in the fourth quarter, Holdings Channel reports. The institutional investor owned 38,076,036 shares of the company’s stock after buying an additional 615,918 shares during the quarter. Twenty-First Century Fox comprises 2.0% of Barrow Hanley Mewhinney & Strauss LLC’s holdings, making the stock its 21st largest position. Barrow Hanley Mewhinney & Strauss LLC’s holdings in Twenty-First Century Fox were worth $1,314,765,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other large investors have also recently added to or reduced their stakes in the stock. Tower Research Capital LLC TRC increased its stake in Twenty-First Century Fox by 192.2% in the 4th quarter. Tower Research Capital LLC TRC now owns 21,551 shares of the company’s stock worth $744,000 after purchasing an additional 14,175 shares during the period. UBS Asset Management Americas Inc. increased its stake in Twenty-First Century Fox by 6.2% in the 4th quarter. UBS Asset Management Americas Inc. now owns 3,052,352 shares of the company’s stock worth $105,398,000 after purchasing an additional 177,839 shares during the period. Schroder Investment Management Group increased its stake in Twenty-First Century Fox by 260.6% in the 4th quarter. Schroder Investment Management Group now owns 34,768 shares of the company’s stock worth $1,201,000 after purchasing an additional 25,125 shares during the period. Bank of New York Mellon Corp increased its stake in Twenty-First Century Fox by 2.5% in the 4th quarter. Bank of New York Mellon Corp now owns 17,875,744 shares of the company’s stock worth $617,250,000 after purchasing an additional 444,009 shares during the period. Finally, Rhumbline Advisers increased its stake in Twenty-First Century Fox by 2.4% in the 4th quarter. Rhumbline Advisers now owns 1,894,185 shares of the company’s stock worth $65,406,000 after purchasing an additional 45,081 shares during the period. Institutional investors own 53.52% of the company’s stock.
A number of brokerages have commented on FOXA. B. Riley raised Twenty-First Century Fox from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $38.00 to $46.00 in a research note on Tuesday, January 16th. BMO Capital Markets reaffirmed a “buy” rating and issued a $35.00 price target on shares of Twenty-First Century Fox in a research note on Wednesday, November 22nd. ValuEngine raised Twenty-First Century Fox from a “hold” rating to a “buy” rating in a research note on Friday, February 9th. Piper Jaffray Companies set a $40.00 target price on Twenty-First Century Fox and gave the company a “buy” rating in a research note on Saturday, December 16th. Finally, Royal Bank of Canada reissued an “outperform” rating and set a $34.00 target price (down from $35.00) on shares of Twenty-First Century Fox in a research note on Thursday, November 9th. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating and thirteen have assigned a buy rating to the company’s stock. Twenty-First Century Fox presently has a consensus rating of “Buy” and an average price target of $37.73.
Shares of Twenty-First Century Fox Inc (FOXA) opened at $37.46 on Friday. The firm has a market capitalization of $69,060.00, a price-to-earnings ratio of 25.83, a P/E/G ratio of 1.90 and a beta of 1.42. Twenty-First Century Fox Inc has a 12 month low of $24.81 and a 12 month high of $39.13. The company has a quick ratio of 1.77, a current ratio of 2.16 and a debt-to-equity ratio of 0.98.
Twenty-First Century Fox (NASDAQ:FOXA) last issued its quarterly earnings results on Wednesday, February 7th. The company reported $0.42 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.38 by $0.04. The company had revenue of $8.04 billion for the quarter, compared to analysts’ expectations of $7.94 billion. Twenty-First Century Fox had a return on equity of 19.01% and a net margin of 13.49%. The firm’s revenue for the quarter was up 4.6% on a year-over-year basis. During the same period in the prior year, the firm earned $0.53 earnings per share. analysts predict that Twenty-First Century Fox Inc will post 2.04 EPS for the current year.
The company also recently declared a Semi-Annual dividend, which will be paid on Wednesday, April 18th. Investors of record on Wednesday, March 14th will be paid a $0.18 dividend. The ex-dividend date of this dividend is Tuesday, March 13th. This represents a yield of 0.00503778337531486%. Twenty-First Century Fox’s payout ratio is 24.83%.
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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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