Sei Investments Co. Decreases Holdings in Twenty-First Century Fox Inc (FOXA)

Sei Investments Co. cut its stake in shares of Twenty-First Century Fox Inc (NASDAQ:FOXA) by 15.0% in the fourth quarter, Holdings Channel reports. The institutional investor owned 564,707 shares of the company’s stock after selling 99,805 shares during the quarter. Sei Investments Co.’s holdings in Twenty-First Century Fox were worth $19,499,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Sterling Capital Management LLC increased its stake in shares of Twenty-First Century Fox by 1.2% in the 2nd quarter. Sterling Capital Management LLC now owns 8,494 shares of the company’s stock worth $241,000 after purchasing an additional 99 shares in the last quarter. Bronfman E.L. Rothschild L.P. increased its stake in shares of Twenty-First Century Fox by 36.6% in the 4th quarter. Bronfman E.L. Rothschild L.P. now owns 6,282 shares of the company’s stock worth $217,000 after purchasing an additional 1,684 shares in the last quarter. Creative Planning increased its stake in shares of Twenty-First Century Fox by 4.1% in the 4th quarter. Creative Planning now owns 44,246 shares of the company’s stock worth $1,528,000 after purchasing an additional 1,732 shares in the last quarter. Private Advisor Group LLC increased its stake in shares of Twenty-First Century Fox by 19.0% in the 3rd quarter. Private Advisor Group LLC now owns 11,355 shares of the company’s stock worth $301,000 after purchasing an additional 1,813 shares in the last quarter. Finally, Xact Kapitalforvaltning AB increased its stake in shares of Twenty-First Century Fox by 2.3% in the 3rd quarter. Xact Kapitalforvaltning AB now owns 85,092 shares of the company’s stock worth $2,245,000 after purchasing an additional 1,880 shares in the last quarter. Institutional investors and hedge funds own 53.49% of the company’s stock.

FOXA has been the subject of several analyst reports. Piper Jaffray Companies set a $35.00 price objective on Twenty-First Century Fox and gave the stock a “buy” rating in a research note on Wednesday, November 1st. Zacks Investment Research downgraded shares of Twenty-First Century Fox from a “hold” rating to a “sell” rating in a report on Wednesday, November 1st. B. Riley reaffirmed a “neutral” rating on shares of Twenty-First Century Fox in a report on Wednesday, November 1st. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $34.00 target price (down previously from $35.00) on shares of Twenty-First Century Fox in a report on Thursday, November 9th. Finally, KeyCorp reaffirmed a “buy” rating and issued a $35.00 target price on shares of Twenty-First Century Fox in a report on Sunday, November 19th. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating and thirteen have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus target price of $37.73.

Twenty-First Century Fox Inc (FOXA) opened at $37.46 on Monday. Twenty-First Century Fox Inc has a 1-year low of $24.81 and a 1-year high of $39.13. The company has a market cap of $69,395.70, a PE ratio of 20.70, a price-to-earnings-growth ratio of 1.93 and a beta of 1.32. The company has a current ratio of 2.16, a quick ratio of 1.77 and a debt-to-equity ratio of 0.98.

Twenty-First Century Fox (NASDAQ:FOXA) last released its quarterly earnings data on Wednesday, February 7th. The company reported $0.42 EPS for the quarter, beating the consensus estimate of $0.38 by $0.04. Twenty-First Century Fox had a net margin of 13.49% and a return on equity of 19.01%. The business had revenue of $8.04 billion during the quarter, compared to the consensus estimate of $7.94 billion. During the same quarter in the prior year, the firm earned $0.53 EPS. The business’s revenue was up 4.6% on a year-over-year basis. equities research analysts forecast that Twenty-First Century Fox Inc will post 2.04 earnings per share for the current fiscal year.

The business also recently disclosed a Semi-Annual dividend, which will be paid on Wednesday, April 18th. Shareholders of record on Wednesday, March 14th will be issued a dividend of $0.18 per share. This represents a dividend yield of 0.00503778337531486%. The ex-dividend date is Tuesday, March 13th. 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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Institutional Ownership by Quarter for Twenty-First Century Fox (NASDAQ:FOXA)

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