Aperio Group LLC decreased its stake in Twenty-First Century Fox, Inc. (NASDAQ:FOXA) by 2.7% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 629,188 shares of the company’s stock after selling 17,498 shares during the period. Aperio Group LLC’s holdings in Twenty-First Century Fox were worth $17,831,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also modified their holdings of FOXA. Israel Discount Bank of New York acquired a new position in shares of Twenty-First Century Fox during the first quarter valued at approximately $828,000. Atria Investments LLC increased its position in shares of Twenty-First Century Fox by 9.3% in the first quarter. Atria Investments LLC now owns 16,444 shares of the company’s stock valued at $533,000 after buying an additional 1,403 shares in the last quarter. Beese Fulmer Investment Management Inc. increased its position in shares of Twenty-First Century Fox by 6.8% in the first quarter. Beese Fulmer Investment Management Inc. now owns 154,698 shares of the company’s stock valued at $5,011,000 after buying an additional 9,799 shares in the last quarter. Balasa Dinverno & Foltz LLC acquired a new position in shares of Twenty-First Century Fox during the first quarter valued at approximately $203,000. Finally, Jennison Associates LLC increased its stake in Twenty-First Century Fox by 18.2% in the first quarter. Jennison Associates LLC now owns 3,130,885 shares of the company’s stock valued at $101,409,000 after buying an additional 481,497 shares during the period. Institutional investors own 53.76% of the company’s stock.
Shares of Twenty-First Century Fox, Inc. (NASDAQ:FOXA) traded down 0.88% during midday trading on Friday, hitting $29.37. The stock had a trading volume of 9,035,353 shares. The stock has a market cap of $54.36 billion, a price-to-earnings ratio of 18.06 and a beta of 1.27. The firm’s 50-day moving average price is $27.95 and its 200-day moving average price is $29.46. Twenty-First Century Fox, Inc. has a 1-year low of $23.33 and a 1-year high of $32.60.
Twenty-First Century Fox (NASDAQ:FOXA) last announced its quarterly earnings results on Wednesday, May 10th. The company reported $0.54 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.48 by $0.06. Twenty-First Century Fox had a return on equity of 24.40% and a net margin of 10.72%. The company had revenue of $7.56 billion for the quarter, compared to the consensus estimate of $7.63 billion. During the same quarter in the previous year, the business earned $0.47 EPS. Twenty-First Century Fox’s revenue was up 4.6% compared to the same quarter last year. Analysts forecast that Twenty-First Century Fox, Inc. will post $1.93 earnings per share for the current year.
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Several research firms recently issued reports on FOXA. Jefferies Group LLC restated a “buy” rating and issued a $35.00 price target on shares of Twenty-First Century Fox in a research note on Friday, May 12th. BMO Capital Markets restated an “outperform” rating and issued a $36.00 price target on shares of Twenty-First Century Fox in a research note on Thursday, May 11th. Pivotal Research restated a “buy” rating and issued a $37.00 price target (up from $36.00) on shares of Twenty-First Century Fox in a research note on Sunday, April 23rd. Instinet restated a “buy” rating and issued a $35.00 price target (down from $37.00) on shares of Twenty-First Century Fox in a research note on Thursday, May 11th. Finally, Needham & Company LLC restated a “hold” rating on shares of Twenty-First Century Fox in a research note on Thursday, May 11th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and twenty have assigned a buy rating to the company. Twenty-First Century Fox has an average rating of “Buy” and an average price target of $33.45.
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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