Twenty-First Century Fox Inc (NASDAQ:FOX) was the target of unusually large options trading activity on Monday. Traders bought 1,553 put options on the stock. This represents an increase of 853% compared to the typical volume of 163 put options.
In other news, EVP Gerson Zweifach sold 110,728 shares of Twenty-First Century Fox stock in a transaction on Monday, December 18th. The shares were 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 in the company, valued at $1,256,644.30. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Insiders own 39.40% of the company’s stock.
Several hedge funds have recently added to or reduced their stakes in the company. Yacktman Asset Management LP increased its stake in shares of Twenty-First Century Fox by 2.1% during the fourth quarter. Yacktman Asset Management LP now owns 28,078,485 shares of the company’s stock worth $958,038,000 after purchasing an additional 564,429 shares in the last quarter. BlackRock Inc. increased its stake in shares of Twenty-First Century Fox by 3.5% during the fourth quarter. BlackRock Inc. now owns 25,798,234 shares of the company’s stock worth $880,235,000 after purchasing an additional 871,395 shares in the last quarter. State of Wisconsin Investment Board increased its stake in shares of Twenty-First Century Fox by 59.6% during the fourth quarter. State of Wisconsin Investment Board now owns 9,118,923 shares of the company’s stock worth $311,138,000 after purchasing an additional 3,403,966 shares in the last quarter. Baupost Group LLC MA boosted its position in Twenty-First Century Fox by 1.5% during the third quarter. Baupost Group LLC MA now owns 7,384,542 shares of the company’s stock worth $190,447,000 after acquiring an additional 106,442 shares during the last quarter. Finally, Diamond Hill Capital Management Inc. boosted its position in Twenty-First Century Fox by 2.9% during the third quarter. Diamond Hill Capital Management Inc. now owns 7,168,686 shares of the company’s stock worth $184,880,000 after acquiring an additional 199,015 shares during the last quarter. 24.31% of the stock is owned by institutional investors and hedge funds.
Twenty-First Century Fox (NASDAQ:FOX) traded up $0.38 on Wednesday, reaching $37.23. 3,098,027 shares of the company’s stock were exchanged, compared to its average volume of 3,101,066. Twenty-First Century Fox has a one year low of $24.30 and a one year high of $38.56. 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 stock has a market capitalization of $69,230.00, a PE ratio of 25.69 and a beta of 1.30.
Twenty-First Century Fox (NASDAQ:FOX) last released its quarterly earnings data on Wednesday, February 7th. The company reported $0.42 earnings per share for the quarter, beating analysts’ consensus estimates 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 company had revenue of $8.04 billion during the quarter.
The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 18th. Stockholders of record on Wednesday, March 14th will be paid a dividend of $0.18 per share. The ex-dividend date is Tuesday, March 13th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.93%. Twenty-First Century Fox’s dividend payout ratio is currently 24.83%.
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.