Norinchukin Bank The lowered its position in shares of Twenty-First Century Fox Inc (NASDAQ:FOX) by 24.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 57,380 shares of the company’s stock after selling 18,110 shares during the period. Norinchukin Bank The’s holdings in Twenty-First Century Fox were worth $1,958,000 at the end of the most recent quarter.
Several other institutional investors have also recently made changes to their positions in FOX. State of Wisconsin Investment Board boosted its position in Twenty-First Century Fox by 556.4% during the third quarter. State of Wisconsin Investment Board now owns 5,714,957 shares of the company’s stock valued at $147,389,000 after purchasing an additional 4,844,318 shares in the last quarter. Pentwater Capital Management LP bought a new stake in Twenty-First Century Fox during the fourth quarter valued at about $92,923,000. BlackRock Inc. boosted its position in Twenty-First Century Fox by 3.5% during the fourth quarter. BlackRock Inc. now owns 25,798,234 shares of the company’s stock valued at $880,235,000 after purchasing an additional 871,395 shares in the last quarter. Gamco Investors INC. ET AL boosted its position in Twenty-First Century Fox by 28.9% during the fourth quarter. Gamco Investors INC. ET AL now owns 3,344,543 shares of the company’s stock valued at $114,116,000 after purchasing an additional 749,839 shares in the last quarter. Finally, CI Investments Inc. boosted its position in Twenty-First Century Fox by 34.4% during the third quarter. CI Investments Inc. now owns 2,850,243 shares of the company’s stock valued at $73,508,000 after purchasing an additional 729,959 shares in the last quarter. 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 $36.73 on Friday. The company has a quick ratio of 1.77, a current ratio of 2.16 and a debt-to-equity ratio of 0.98. The firm has a market capitalization of $67,728.42, a PE ratio of 17.16 and a beta of 1.35. Twenty-First Century Fox Inc has a twelve month low of $24.30 and a twelve month high of $38.56.
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 18th. Shareholders of record on Wednesday, March 14th will be issued a $0.18 dividend. This represents a $0.72 annualized dividend and a yield of 1.96%. The ex-dividend date of this dividend is Tuesday, March 13th. Twenty-First Century Fox’s dividend payout ratio is presently 16.82%.
In other Twenty-First Century Fox news, EVP Gerson Zweifach sold 110,728 shares of the firm’s stock in a transaction dated Monday, December 18th. The stock was sold at an average price of $34.90, for a total value of $3,864,407.20. Following the completion of the sale, the executive vice president now owns 36,007 shares of the company’s stock, valued at $1,256,644.30. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. 39.40% of the stock is currently owned by company insiders.
FOX has been the topic of a number of recent research reports. BidaskClub downgraded Twenty-First Century Fox from a “sell” rating to a “strong sell” rating in a research report on Saturday, November 4th. OTR Global raised Twenty-First Century Fox to a “positive” rating in a research report on Monday, October 30th. One research analyst has rated the stock with a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus price target of $34.00.
WARNING: “Norinchukin Bank The Cuts Stake in Twenty-First Century Fox Inc (FOX)” was first posted by StockNewsTimes and is the property of of StockNewsTimes. If you are accessing this news story on another site, it was stolen and republished in violation of United States and international copyright and trademark legislation. The legal version of this news story can be read at https://stocknewstimes.com/2018/02/23/norinchukin-bank-the-cuts-stake-in-twenty-first-century-fox-inc-fox.html.
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.
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.