Twenty-First Century Fox, Inc. (FOXA) Price Target Raised to $36.00 at B. Riley

Twenty-First Century Fox, Inc. (NASDAQ:FOXA) had its target price upped by B. Riley from $29.00 to $36.00 in a research report sent to investors on Friday morning. The brokerage currently has a neutral rating on the stock.

Other analysts have also issued research reports about the company. KeyCorp reiterated a buy rating and issued a $35.00 price target on shares of Twenty-First Century Fox in a report on Sunday, September 10th. Jefferies Group LLC reiterated a buy rating and issued a $35.00 price target on shares of Twenty-First Century Fox in a report on Tuesday, September 26th. Cowen and Company reiterated a market perform rating and issued a $32.00 price target (down previously from $33.00) on shares of Twenty-First Century Fox in a report on Thursday, August 10th. Piper Jaffray Companies assumed coverage on Twenty-First Century Fox in a report on Friday, August 11th. They issued an overweight rating and a $35.00 price target for the company. Finally, Royal Bank Of Canada reiterated an outperform rating and issued a $35.00 price target (up previously from $33.00) on shares of Twenty-First Century Fox in a report on Thursday, August 10th. One research analyst has rated the stock with a sell rating, six have given a hold rating and seventeen have assigned a buy rating to the stock. Twenty-First Century Fox presently has an average rating of Buy and a consensus target price of $33.65.

Twenty-First Century Fox (NASDAQ FOXA) traded up $1.83 on Friday, hitting $31.15. The stock had a trading volume of 35,019,993 shares, compared to its average volume of 8,759,009. The company has a market capitalization of $53,680.00, a PE ratio of 14.60, a price-to-earnings-growth ratio of 1.92 and a beta of 1.36. Twenty-First Century Fox has a 1 year low of $24.81 and a 1 year high of $32.60. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.73 and a current ratio of 2.08.

Twenty-First Century Fox (NASDAQ:FOXA) last released its earnings results on Wednesday, November 8th. The company reported $0.49 EPS for the quarter, beating analysts’ consensus estimates of $0.48 by $0.01. The firm had revenue of $7 billion for the quarter, compared to analysts’ expectations of $6.80 billion. Twenty-First Century Fox had a return on equity of 21.02% and a net margin of 12.91%. The company’s quarterly revenue was up 7.6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.51 earnings per share. sell-side analysts expect that Twenty-First Century Fox will post 1.98 EPS for the current year.

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Institutional investors and hedge funds have recently modified their holdings of the company. Grove Bank & Trust lifted its holdings in shares of Twenty-First Century Fox by 1,328.3% during the 2nd quarter. Grove Bank & Trust now owns 3,785 shares of the company’s stock valued at $107,000 after purchasing an additional 3,520 shares during the last quarter. Mint Tower Capital Management B.V. purchased a new stake in shares of Twenty-First Century Fox during the 3rd quarter valued at $110,000. Rockefeller Financial Services Inc. purchased a new stake in shares of Twenty-First Century Fox during the 3rd quarter valued at $113,000. State of Alaska Department of Revenue lifted its holdings in shares of Twenty-First Century Fox by 4.8% during the 2nd quarter. State of Alaska Department of Revenue now owns 4,365 shares of the company’s stock valued at $123,000 after purchasing an additional 200 shares during the last quarter. Finally, Zions Bancorporation lifted its holdings in shares of Twenty-First Century Fox by 86.4% during the 3rd quarter. Zions Bancorporation now owns 4,911 shares of the company’s stock valued at $130,000 after purchasing an additional 2,276 shares during the last quarter. Hedge funds and other institutional investors own 53.45% of the company’s stock.

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.

Analyst Recommendations for Twenty-First Century Fox (NASDAQ:FOXA)

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