AMP Capital Investors Ltd reduced its position in Twenty-First Century Fox Inc (NASDAQ:FOX) by 8.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 128,069 shares of the company’s stock after selling 12,420 shares during the period. AMP Capital Investors Ltd’s holdings in Twenty-First Century Fox were worth $4,369,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in FOX. State of Wisconsin Investment Board lifted its stake in shares of Twenty-First Century Fox by 59.6% in the 4th quarter. State of Wisconsin Investment Board now owns 9,118,923 shares of the company’s stock valued at $311,138,000 after purchasing an additional 3,403,966 shares in the last quarter. Pentwater Capital Management LP purchased a new stake in shares of Twenty-First Century Fox during the 4th quarter valued at about $92,923,000. BlackRock Inc. raised its holdings in shares of Twenty-First Century Fox by 3.5% during the 4th quarter. BlackRock Inc. now owns 25,798,234 shares of the company’s stock valued at $880,235,000 after buying an additional 871,395 shares during the period. Gamco Investors INC. ET AL raised its holdings in shares of Twenty-First Century Fox by 28.9% during the 4th quarter. Gamco Investors INC. ET AL now owns 3,344,543 shares of the company’s stock valued at $114,116,000 after buying an additional 749,839 shares during the period. Finally, Yacktman Asset Management LP raised its holdings in shares of Twenty-First Century Fox by 2.1% during the 4th quarter. Yacktman Asset Management LP now owns 28,078,485 shares of the company’s stock valued at $958,038,000 after buying an additional 564,429 shares during the period. 24.31% of the stock is currently owned by institutional investors and hedge funds.
Shares of Twenty-First Century Fox Inc (NASDAQ:FOX) opened at $36.25 on Tuesday. The company has a market capitalization of $67,839.57, a PE ratio of 16.94 and a beta of 1.30. 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 Inc has a twelve month low of $24.30 and a twelve month high of $38.56.
Twenty-First Century Fox (NASDAQ:FOX) last announced its earnings results on Wednesday, February 7th. The company reported $0.42 EPS for the quarter, beating the consensus estimate of $0.38 by $0.04. The business had revenue of $8.04 billion for the quarter. Twenty-First Century Fox had a return on equity of 19.01% and a net margin of 13.49%.
The firm also recently disclosed a quarterly 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. The ex-dividend date is Tuesday, March 13th. This represents a $0.72 annualized dividend and a yield of 1.99%. Twenty-First Century Fox’s dividend payout ratio is presently 16.82%.
Several brokerages recently commented on FOX. BidaskClub upgraded Twenty-First Century Fox from a “sell” rating to a “hold” rating in a report on Saturday, December 2nd. Loop Capital began coverage on Twenty-First Century Fox in a report on Friday. They set a “buy” rating and a $43.00 target price on the stock. One research analyst has rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company. Twenty-First Century Fox presently has a consensus rating of “Buy” and a consensus price target of $37.00.
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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.
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