Shares of Twenty-First Century Fox Inc (NASDAQ:FOX) have received an average recommendation of “Buy” from the six research firms that are currently covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the company. The average twelve-month price target among analysts that have covered the stock in the last year is $37.00.
A number of research firms have recently weighed in on FOX. Loop Capital began coverage on Twenty-First Century Fox in a research report on Friday, March 16th. They set a “buy” rating and a $43.00 price objective on the stock. BidaskClub raised Twenty-First Century Fox from a “hold” rating to a “buy” rating in a research report on Friday, January 5th.
A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Yacktman Asset Management LP lifted its holdings in Twenty-First Century Fox by 2.1% in the 4th quarter. Yacktman Asset Management LP now owns 28,078,485 shares of the company’s stock worth $958,038,000 after purchasing an additional 564,429 shares in the last quarter. BlackRock Inc. lifted its holdings in Twenty-First Century Fox by 3.5% in the 4th quarter. BlackRock Inc. now owns 25,798,234 shares of the company’s stock worth $880,235,000 after purchasing an additional 871,395 shares in the last quarter. State of Wisconsin Investment Board lifted its holdings in 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 worth $311,138,000 after purchasing an additional 3,403,966 shares in the last quarter. Baupost Group LLC MA lifted its holdings in Twenty-First Century Fox by 1.5% in the 3rd quarter. Baupost Group LLC MA now owns 7,384,542 shares of the company’s stock worth $190,447,000 after purchasing an additional 106,442 shares in the last quarter. Finally, Geode Capital Management LLC lifted its holdings in Twenty-First Century Fox by 0.8% in the 4th quarter. Geode Capital Management LLC now owns 4,975,983 shares of the company’s stock worth $169,454,000 after purchasing an additional 41,361 shares in the last quarter. 24.31% of the stock is currently owned by institutional investors.
Twenty-First Century Fox stock traded down $0.73 during trading on Friday, hitting $35.45. The company’s stock had a trading volume of 3,160,545 shares, compared to its average volume of 2,992,171. The company has a market cap of $67,246.77, a P/E ratio of 16.90 and a beta of 1.30. Twenty-First Century Fox has a 1-year low of $24.30 and a 1-year high of $38.56. 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:FOX) last released its quarterly earnings results on Wednesday, February 7th. The company reported $0.42 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.38 by $0.04. The business had revenue of $8.04 billion during the quarter. Twenty-First Century Fox had a return on equity of 19.01% and a net margin of 13.49%.
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 18th. Stockholders of record on Wednesday, March 14th will be given a dividend of $0.18 per share. The ex-dividend date of this dividend is Tuesday, March 13th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 2.03%. Twenty-First Century Fox’s payout ratio is currently 16.82%.
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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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