Public Employees Retirement System of Ohio lifted its holdings in Twenty-First Century Fox Inc (NASDAQ:FOXA) by 0.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 772,428 shares of the company’s stock after purchasing an additional 5,973 shares during the quarter. Public Employees Retirement System of Ohio’s holdings in Twenty-First Century Fox were worth $26,672,000 as of its most recent SEC filing.
Several other hedge funds have also made changes to their positions in FOXA. Cerebellum GP LLC acquired a new position in Twenty-First Century Fox during the fourth quarter worth $106,000. Mint Tower Capital Management B.V. acquired a new position in Twenty-First Century Fox during the third quarter worth $110,000. Rockefeller Financial Services Inc. acquired a new position in Twenty-First Century Fox during the third quarter worth $113,000. Zions Bancorporation increased its holdings in Twenty-First Century Fox by 86.4% during the third quarter. Zions Bancorporation now owns 4,911 shares of the company’s stock worth $130,000 after buying an additional 2,276 shares during the last quarter. Finally, Tiedemann Wealth Management LLC acquired a new position in Twenty-First Century Fox during the third quarter worth $148,000. 53.52% of the stock is currently owned by institutional investors and hedge funds.
FOXA has been the topic of several research reports. B. Riley upped their price objective on shares of Twenty-First Century Fox from $29.00 to $36.00 and gave the company a “neutral” rating in a report on Friday, November 17th. BMO Capital Markets downgraded shares of Twenty-First Century Fox from an “outperform” rating to a “market perform” rating and set a $35.00 price objective on the stock. in a report on Monday, December 18th. Cowen reiterated a “hold” rating and issued a $37.00 price objective on shares of Twenty-First Century Fox in a report on Friday, December 22nd. Pivotal Research downgraded shares of Twenty-First Century Fox from a “buy” rating to a “hold” rating and upped their price target for the company from $37.00 to $38.00 in a research note on Tuesday, January 9th. Finally, Rosenblatt Securities restated a “buy” rating and issued a $40.00 price target on shares of Twenty-First Century Fox in a research note on Monday, December 4th. Two equities 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. Twenty-First Century Fox presently has an average rating of “Buy” and a consensus target price of $37.73.
Twenty-First Century Fox (NASDAQ:FOXA) last posted its quarterly earnings data on Wednesday, February 7th. The company reported $0.42 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.38 by $0.04. Twenty-First Century Fox had a net margin of 13.49% and a return on equity of 19.01%. The business had revenue of $8.04 billion during the quarter, compared to analysts’ expectations of $7.94 billion. During the same quarter in the prior year, the business posted $0.53 earnings per share. Twenty-First Century Fox’s revenue was up 4.6% compared to the same quarter last year. analysts expect that Twenty-First Century Fox Inc will post 2.03 EPS for the current fiscal year.
The business also recently announced a Semi-Annual dividend, which will be paid on Wednesday, April 18th. Stockholders 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 dividend yield of 0.00503778337531486%. Twenty-First Century Fox’s dividend payout ratio (DPR) is currently 16.82%.
COPYRIGHT VIOLATION WARNING: “Public Employees Retirement System of Ohio Increases Stake in Twenty-First Century Fox Inc (FOXA)” was originally published by StockNewsTimes and is the property of of StockNewsTimes. If you are reading this news story on another publication, it was illegally copied and republished in violation of US & international copyright legislation. The correct version of this news story can be accessed at https://stocknewstimes.com/2018/02/15/public-employees-retirement-system-of-ohio-increases-stake-in-twenty-first-century-fox-inc-foxa.html.
Twenty-First Century Fox 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.
Receive News & Ratings for Twenty-First Century Fox Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Twenty-First Century Fox and related companies with MarketBeat.com's FREE daily email newsletter.