WINTON GROUP Ltd lessened its position in Twenty-First Century Fox Inc (NASDAQ:FOXA) by 55.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 14,213 shares of the company’s stock after selling 17,815 shares during the period. WINTON GROUP Ltd’s holdings in Twenty-First Century Fox were worth $491,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Cerebellum GP LLC acquired a new position in Twenty-First Century Fox in the 4th quarter worth about $106,000. Mint Tower Capital Management B.V. acquired a new position in Twenty-First Century Fox in the 3rd quarter worth about $110,000. Zions Bancorporation increased its holdings in Twenty-First Century Fox by 86.4% in the 3rd quarter. Zions Bancorporation now owns 4,911 shares of the company’s stock worth $130,000 after purchasing an additional 2,276 shares in the last quarter. Stelac Advisory Services LLC acquired a new position in Twenty-First Century Fox in the 3rd quarter worth about $150,000. Finally, D.A. Davidson & CO. acquired a new position in Twenty-First Century Fox in the 4th quarter worth about $214,000. 53.81% of the stock is owned by institutional investors and hedge funds.
A number of brokerages have issued reports on FOXA. BMO Capital Markets upped their target price on Twenty-First Century Fox from $35.00 to $37.00 and gave the stock a “market perform” rating in a report on Monday, February 12th. ValuEngine upgraded Twenty-First Century Fox from a “hold” rating to a “buy” rating in a research report on Friday, February 9th. Piper Jaffray Companies reiterated a “buy” rating and issued a $44.00 price target on shares of Twenty-First Century Fox in a research report on Friday, January 26th. Atlantic Securities upgraded Twenty-First Century Fox from a “neutral” rating to an “overweight” rating in a research report on Monday, January 22nd. Finally, B. Riley upgraded Twenty-First Century Fox from a “neutral” rating to a “buy” rating and upped their price target for the company from $38.00 to $46.00 in a research report on Tuesday, January 16th. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and thirteen have given a buy rating to the company. The company presently has a consensus rating of “Buy” and an average price target of $37.73.
Twenty-First Century Fox (NASDAQ:FOXA) 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 company had revenue of $8.04 billion for the quarter, compared to analyst estimates of $7.94 billion. Twenty-First Century Fox had a return on equity of 19.01% and a net margin of 13.49%. The firm’s revenue for the quarter was up 4.6% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.53 EPS. research analysts forecast that Twenty-First Century Fox Inc will post 2.04 earnings per share for the current year.
The company also recently declared a Semi-Annual dividend, which will be paid on Wednesday, April 18th. Shareholders of record on Wednesday, March 14th will be issued a $0.18 dividend. The ex-dividend date of this dividend is Tuesday, March 13th. This represents a yield of 0.00503778337531486%. 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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