Exane Derivatives acquired a new stake in shares of Twenty-First Century Fox, Inc. (NASDAQ:FOXA) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 9,991 shares of the company’s stock, valued at approximately $283,000.
Other large investors also recently bought and sold shares of the company. Hills Bank & Trust Co. raised its stake in Twenty-First Century Fox by 5.1% in the first quarter. Hills Bank & Trust Co. now owns 49,684 shares of the company’s stock valued at $1,609,000 after buying an additional 2,414 shares during the last quarter. Trust Co raised its stake in Twenty-First Century Fox by 18.3% in the fourth quarter. Trust Co now owns 23,073 shares of the company’s stock valued at $647,000 after buying an additional 3,570 shares during the last quarter. Fulton Bank N.A. bought a new stake in Twenty-First Century Fox during the first quarter valued at about $202,000. Chevy Chase Trust Holdings Inc. raised its stake in Twenty-First Century Fox by 2.5% in the first quarter. Chevy Chase Trust Holdings Inc. now owns 916,081 shares of the company’s stock valued at $29,672,000 after buying an additional 22,406 shares during the last quarter. Finally, Kentucky Retirement Systems Insurance Trust Fund bought a new stake in Twenty-First Century Fox during the fourth quarter valued at about $961,000. 53.72% of the stock is owned by institutional investors and hedge funds.
Twenty-First Century Fox, Inc. (NASDAQ FOXA) opened at 27.48 on Wednesday. The stock has a market capitalization of $50.86 billion, a P/E ratio of 16.90 and a beta of 1.27. Twenty-First Century Fox, Inc. has a one year low of $23.33 and a one year high of $32.60. The stock has a 50 day moving average price of $27.78 and a 200-day moving average price of $29.52.
Twenty-First Century Fox (NASDAQ:FOXA) last announced its quarterly earnings data on Wednesday, May 10th. The company reported $0.54 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.48 by $0.06. The business had revenue of $7.56 billion for the quarter, compared to analysts’ expectations of $7.63 billion. Twenty-First Century Fox had a return on equity of 24.40% and a net margin of 10.72%. The company’s revenue for the quarter was up 4.6% compared to the same quarter last year. During the same period last year, the firm earned $0.47 earnings per share. Analysts anticipate that Twenty-First Century Fox, Inc. will post $1.93 earnings per share for the current year.
TRADEMARK VIOLATION NOTICE: “Exane Derivatives Acquires Shares of 9,991 Twenty-First Century Fox, Inc. (NASDAQ:FOXA)” was originally published by StockNewsTimes and is owned by of StockNewsTimes. If you are accessing this story on another website, it was illegally copied and republished in violation of United States and international copyright laws. The correct version of this story can be viewed at https://stocknewstimes.com/2017/07/19/exane-derivatives-acquires-shares-of-9991-twenty-first-century-fox-inc-nasdaqfoxa.html.
Several equities research analysts have recently issued reports on the company. Instinet reaffirmed a “buy” rating and issued a $37.00 price objective on shares of Twenty-First Century Fox in a research note on Sunday, April 2nd. Jefferies Group LLC reaffirmed a “buy” rating and issued a $35.00 price objective on shares of Twenty-First Century Fox in a research note on Tuesday, April 4th. Royal Bank Of Canada reaffirmed a “buy” rating on shares of Twenty-First Century Fox in a research note on Tuesday, April 11th. Pivotal Research reaffirmed a “buy” rating and issued a $37.00 price objective (up from $36.00) on shares of Twenty-First Century Fox in a research note on Sunday, April 23rd. Finally, Guggenheim reaffirmed a “buy” rating and issued a $35.00 price objective (up from $34.00) on shares of Twenty-First Century Fox in a research note on Friday, April 14th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and twenty have issued a buy rating to the company. The company presently has an average rating of “Buy” and a consensus price target of $33.45.
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.
Want to see what other hedge funds are holding FOXA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Twenty-First Century Fox, Inc. (NASDAQ:FOXA).
Receive News & Ratings for Twenty-First Century Fox Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Twenty-First Century Fox Inc. and related companies with MarketBeat.com's FREE daily email newsletter.
