Twenty-First Century Fox, Inc. (FOXA) Shares Sold by Quadrant Capital Group LLC

Quadrant Capital Group LLC decreased its position in Twenty-First Century Fox, Inc. (NASDAQ:FOXA) by 19.9% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,701 shares of the company’s stock after selling 1,416 shares during the period. Quadrant Capital Group LLC’s holdings in Twenty-First Century Fox were worth $146,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently modified their holdings of the stock. Westside Investment Management Inc. raised its stake in Twenty-First Century Fox by 124.5% in the 2nd quarter. Westside Investment Management Inc. now owns 6,816 shares of the company’s stock worth $193,000 after acquiring an additional 3,780 shares during the last quarter. Gotham Asset Management LLC raised its stake in Twenty-First Century Fox by 100.3% in the 2nd quarter. Gotham Asset Management LLC now owns 2,104,534 shares of the company’s stock worth $59,642,000 after acquiring an additional 1,053,725 shares during the last quarter. Janus Henderson Group PLC raised its stake in Twenty-First Century Fox by 185.7% in the 2nd quarter. Janus Henderson Group PLC now owns 384,641 shares of the company’s stock worth $10,900,000 after acquiring an additional 250,011 shares during the last quarter. Capital Research Global Investors raised its stake in Twenty-First Century Fox by 20.2% in the 2nd quarter. Capital Research Global Investors now owns 85,581,646 shares of the company’s stock worth $2,425,384,000 after acquiring an additional 14,398,422 shares during the last quarter. Finally, GLG Partners LP raised its stake in Twenty-First Century Fox by 11.1% in the 2nd quarter. GLG Partners LP now owns 110,000 shares of the company’s stock worth $3,117,000 after acquiring an additional 11,000 shares during the last quarter. Institutional investors own 53.34% of the company’s stock.

A number of research firms have weighed in on FOXA. BMO Capital Markets set a $36.00 price objective on Twenty-First Century Fox and gave the company a “buy” rating in a research note on Friday, June 16th. Credit Suisse Group reiterated a “buy” rating and set a $37.00 price objective on shares of Twenty-First Century Fox in a research note on Friday, June 30th. Morgan Stanley reiterated an “overweight” rating on shares of Twenty-First Century Fox in a research note on Thursday, July 6th. ValuEngine upgraded Twenty-First Century Fox from a “hold” rating to a “buy” rating in a research note on Thursday, July 6th. Finally, Cowen and Company reiterated a “hold” rating and set a $33.00 price objective on shares of Twenty-First Century Fox in a research note on Tuesday, July 11th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and eighteen have given a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus target price of $33.45.

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Twenty-First Century Fox, Inc. (FOXA) traded down 1.76% during midday trading on Wednesday, reaching $26.30. The company had a trading volume of 3,678,220 shares. Twenty-First Century Fox, Inc. has a 1-year low of $24.22 and a 1-year high of $32.60. The stock has a market capitalization of $27.72 billion, a PE ratio of 97.41 and a beta of 1.26. The firm’s 50 day moving average is $26.81 and its 200 day moving average is $28.23.

Twenty-First Century Fox (NASDAQ:FOXA) last issued its earnings results on Wednesday, August 9th. The company reported $0.36 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.35 by $0.01. Twenty-First Century Fox had a net margin of 10.36% and a return on equity of 22.46%. The company had revenue of $6.75 billion during the quarter, compared to analysts’ expectations of $6.79 billion. During the same period last year, the company posted $0.45 earnings per share. The firm’s quarterly revenue was up 1.5% compared to the same quarter last year. On average, equities analysts anticipate that Twenty-First Century Fox, Inc. will post $2.03 EPS for the current fiscal year.

The business also recently announced a semiannual dividend, which will be paid on Wednesday, October 18th. Shareholders of record on Wednesday, September 13th will be issued a $0.18 dividend. The ex-dividend date of this dividend is Tuesday, September 12th. This represents a yield of 1.29%. Twenty-First Century Fox’s dividend payout ratio (DPR) is presently 22.64%.

About Twenty-First Century Fox

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.

Institutional Ownership by Quarter for Twenty-First Century Fox (NASDAQ:FOXA)

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