NJ State Employees Deferred Compensation Plan held its stake in shares of Twenty-First Century Fox, Inc. (NASDAQ:FOXA) during the second quarter, according to its most recent disclosure with the SEC. The firm owned 65,000 shares of the company’s stock at the end of the second quarter. NJ State Employees Deferred Compensation Plan’s holdings in Twenty-First Century Fox were worth $1,842,000 at the end of the most recent quarter.
Other large investors have also modified their holdings of the company. Bronfman E.L. Rothschild L.P. increased its position in shares of Twenty-First Century Fox by 3.5% in the first quarter. Bronfman E.L. Rothschild L.P. now owns 4,495 shares of the company’s stock worth $146,000 after buying an additional 151 shares during the last quarter. State of Alaska Department of Revenue increased its position in shares of Twenty-First Century Fox by 4.8% in the second quarter. State of Alaska Department of Revenue now owns 4,365 shares of the company’s stock worth $123,000 after buying an additional 200 shares during the last quarter. Capital One National Association increased its position in shares of Twenty-First Century Fox by 1.5% in the first quarter. Capital One National Association now owns 14,093 shares of the company’s stock worth $456,000 after buying an additional 202 shares during the last quarter. Nordea Investment Management AB increased its position in shares of Twenty-First Century Fox by 0.5% in the first quarter. Nordea Investment Management AB now owns 54,956 shares of the company’s stock worth $1,780,000 after buying an additional 270 shares during the last quarter. Finally, Quadrant Capital Group LLC increased its position in shares of Twenty-First Century Fox by 4.2% in the first quarter. Quadrant Capital Group LLC now owns 7,117 shares of the company’s stock worth $222,000 after buying an additional 285 shares during the last quarter. Institutional investors and hedge funds own 53.79% of the company’s stock.
Shares of Twenty-First Century Fox, Inc. (NASDAQ FOXA) remained flat at $28.21 during midday trading on Monday. The stock had a trading volume of 5,848,695 shares. The firm’s 50 day moving average is $28.17 and its 200 day moving average is $29.35. The firm has a market capitalization of $52.30 billion, a P/E ratio of 17.79 and a beta of 1.27. Twenty-First Century Fox, Inc. has a 12-month low of $23.33 and a 12-month high of $32.60.
Twenty-First Century Fox (NASDAQ:FOXA) last announced its quarterly earnings data on Wednesday, August 9th. The company reported $0.36 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.35 by $0.01. Twenty-First Century Fox had a return on equity of 22.46% and a net margin of 10.36%. The business had revenue of $6.75 billion during the quarter, compared to analyst estimates of $6.79 billion. During the same period last year, the company earned $0.45 earnings per share. Twenty-First Century Fox’s quarterly revenue was up 1.5% compared to the same quarter last year. On average, equities analysts forecast that Twenty-First Century Fox, Inc. will post $2.03 earnings per share for the current fiscal year.
The company also recently disclosed a semiannual dividend, which will be paid on Wednesday, October 18th. Investors of record on Wednesday, September 13th will be issued a dividend of $0.18 per share. The ex-dividend date of this dividend is Tuesday, September 12th. This represents a dividend yield of 1.29%. Twenty-First Century Fox’s dividend payout ratio is 22.64%.
Several research analysts have recently weighed in on FOXA shares. Cowen and Company reaffirmed a “market perform” rating and set a $32.00 target price (down from $33.00) on shares of Twenty-First Century Fox in a research note on Thursday. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $35.00 target price (up from $33.00) on shares of Twenty-First Century Fox in a research note on Thursday. Piper Jaffray Companies assumed coverage on Twenty-First Century Fox in a research note on Friday. They set an “overweight” rating and a $35.00 target price for the company. Credit Suisse Group reiterated a “buy” rating on shares of Twenty-First Century Fox in a research report on Thursday, August 3rd. Finally, Zacks Investment Research cut Twenty-First Century Fox from a “hold” rating to a “sell” rating in a research report on Tuesday, July 11th. One analyst has rated the stock with a sell rating, five have given a hold rating and nineteen have given a buy rating to the company. Twenty-First Century Fox currently has an average rating of “Buy” and a consensus target price of $33.23.
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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