Barings LLC decreased its holdings in Twenty-First Century Fox Inc (NASDAQ:FOX) by 44.0% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 25,700 shares of the company’s stock after selling 20,200 shares during the quarter. Barings LLC’s holdings in Twenty-First Century Fox were worth $877,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also modified their holdings of the business. ProVise Management Group LLC increased its stake in shares of Twenty-First Century Fox by 25.5% in the 4th quarter. ProVise Management Group LLC now owns 26,179 shares of the company’s stock valued at $893,000 after buying an additional 5,325 shares during the period. IBM Retirement Fund acquired a new stake in shares of Twenty-First Century Fox in the 4th quarter valued at $222,000. Pentwater Capital Management LP acquired a new stake in shares of Twenty-First Century Fox in the 4th quarter valued at $92,923,000. Harbor Advisors LLC increased its stake in shares of Twenty-First Century Fox by 30.0% in the 4th quarter. Harbor Advisors LLC now owns 65,000 shares of the company’s stock valued at $2,218,000 after buying an additional 15,000 shares during the period. Finally, California Public Employees Retirement System increased its stake in shares of Twenty-First Century Fox by 3.4% in the 4th quarter. California Public Employees Retirement System now owns 2,087,544 shares of the company’s stock valued at $71,227,000 after buying an additional 69,201 shares during the period. Hedge funds and other institutional investors own 23.38% of the company’s stock.
Shares of Twenty-First Century Fox Inc (NASDAQ:FOX) opened at $36.56 on Thursday. The company has a debt-to-equity ratio of 0.98, a quick ratio of 1.77 and a current ratio of 2.16. Twenty-First Century Fox Inc has a 52 week low of $24.30 and a 52 week high of $38.56. The company has a market capitalization of $68,280.00, a price-to-earnings ratio of 25.21 and a beta of 1.36.
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 18th. Investors of record on Wednesday, March 14th will be paid a dividend of $0.18 per share. The ex-dividend date of this dividend is Tuesday, March 13th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.97%. Twenty-First Century Fox’s dividend payout ratio (DPR) is presently 24.83%.
FOX has been the subject of several research reports. BidaskClub cut Twenty-First Century Fox from a “sell” rating to a “strong sell” rating in a research note on Saturday, November 4th. OTR Global raised Twenty-First Century Fox to a “positive” rating in a research note on Monday, October 30th. One analyst has rated the stock with a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the stock. The company currently has an average rating of “Buy” and an average target price of $34.00.
In related news, EVP Gerson Zweifach sold 110,728 shares of Twenty-First Century Fox stock in a transaction on Monday, December 18th. The stock was sold at an average price of $34.90, for a total transaction of $3,864,407.20. Following the completion of the sale, the executive vice president now directly owns 36,007 shares of the company’s stock, valued at $1,256,644.30. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 39.40% of the stock is owned by insiders.
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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.
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