Twenty-First Century Fox, Inc. (FOX) Upgraded by BidaskClub to “Sell”

BidaskClub upgraded shares of Twenty-First Century Fox, Inc. (NASDAQ:FOX) from a strong sell rating to a sell rating in a research report report published on Saturday.

Several other research firms have also recently weighed in on FOX. TheStreet upgraded Twenty-First Century Fox from a c+ rating to a b- rating in a report on Friday, August 4th. OTR Global upgraded Twenty-First Century Fox to a positive rating in a report on Monday, October 30th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and two have given a buy rating to the stock. The company has a consensus rating of Hold and a consensus price target of C$34.00.

Shares of Twenty-First Century Fox (NASDAQ FOX) traded down C$0.06 during mid-day trading on Friday, reaching C$28.07. The company had a trading volume of 4,560,000 shares, compared to its average volume of 3,240,162. The stock has a market cap of $51,959.14, a PE ratio of 14.62 and a beta of 1.18. Twenty-First Century Fox has a 52 week low of C$24.30 and a 52 week high of C$31.94. The company has a debt-to-equity ratio of 1.09, a current ratio of 2.08 and a quick ratio of 1.82.

Twenty-First Century Fox (NASDAQ:FOX) last issued its earnings results on Wednesday, August 9th. The company reported C$0.36 earnings per share for the quarter, missing the consensus estimate of C$0.37 by C($0.01). The company had revenue of C$6.75 billion for the quarter. Twenty-First Century Fox had a net margin of 10.30% and a return on equity of 21.42%. During the same period in the previous year, the company earned $0.45 EPS.

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In other Twenty-First Century Fox news, Director David F. Devoe sold 30,149 shares of the stock in a transaction that occurred on Tuesday, August 15th. The stock was sold at an average price of C$28.01, for a total value of C$844,473.49. Following the completion of the sale, the director now owns 55,647 shares in the company, valued at approximately C$1,558,672.47. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, CEO James R. Murdoch sold 111,713 shares of the stock in a transaction that occurred on Tuesday, August 15th. The stock was sold at an average price of C$27.94, for a total value of C$3,121,261.22. Following the completion of the sale, the chief executive officer now owns 234,236 shares of the company’s stock, valued at approximately C$6,544,553.84. The disclosure for this sale can be found here. Company insiders own 39.40% of the company’s stock.

Large investors have recently made changes to their positions in the company. Vaughan Nelson Investment Management L.P. raised its position in shares of Twenty-First Century Fox by 4.4% in the 3rd quarter. Vaughan Nelson Investment Management L.P. now owns 3,240,261 shares of the company’s stock worth $83,566,000 after acquiring an additional 137,885 shares in the last quarter. Freestone Capital Holdings LLC raised its position in shares of Twenty-First Century Fox by 16.0% in the 2nd quarter. Freestone Capital Holdings LLC now owns 128,410 shares of the company’s stock worth $3,579,000 after acquiring an additional 17,757 shares in the last quarter. Knights of Columbus Asset Advisors LLC raised its position in shares of Twenty-First Century Fox by 8.5% in the 2nd quarter. Knights of Columbus Asset Advisors LLC now owns 84,800 shares of the company’s stock worth $2,363,000 after acquiring an additional 6,650 shares in the last quarter. Schwab Charles Investment Management Inc. raised its position in shares of Twenty-First Century Fox by 10.4% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 1,673,361 shares of the company’s stock worth $46,637,000 after acquiring an additional 158,036 shares in the last quarter. Finally, The Manufacturers Life Insurance Company raised its position in shares of Twenty-First Century Fox by 185.9% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 5,128,361 shares of the company’s stock worth $142,927,000 after acquiring an additional 3,334,740 shares in the last quarter. 23.24% of the stock is owned by hedge funds and other institutional investors.

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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