MetLife Investment Advisors LLC bought a new position in Twenty-First Century Fox Inc (NASDAQ:FOXA) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 326,119 shares of the company’s stock, valued at approximately $11,261,000.
A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Bronfman E.L. Rothschild L.P. boosted its stake in Twenty-First Century Fox by 36.6% in the fourth quarter. Bronfman E.L. Rothschild L.P. now owns 6,282 shares of the company’s stock worth $217,000 after buying an additional 1,684 shares in the last quarter. Creative Planning boosted its stake in Twenty-First Century Fox by 4.1% in the fourth quarter. Creative Planning now owns 44,246 shares of the company’s stock worth $1,528,000 after buying an additional 1,732 shares in the last quarter. RiverPoint Capital Management LLC boosted its stake in Twenty-First Century Fox by 21.8% in the fourth quarter. RiverPoint Capital Management LLC now owns 10,077 shares of the company’s stock worth $348,000 after buying an additional 1,805 shares in the last quarter. Private Advisor Group LLC boosted its stake in Twenty-First Century Fox by 19.0% in the third quarter. Private Advisor Group LLC now owns 11,355 shares of the company’s stock worth $301,000 after buying an additional 1,813 shares in the last quarter. Finally, Nordea Investment Management AB boosted its stake in Twenty-First Century Fox by 3.6% in the third quarter. Nordea Investment Management AB now owns 57,239 shares of the company’s stock worth $1,510,000 after buying an additional 2,001 shares in the last quarter. 53.77% of the stock is owned by institutional investors and hedge funds.
FOXA stock opened at $36.69 on Wednesday. The company has a debt-to-equity ratio of 0.98, a quick ratio of 1.77 and a current ratio of 2.16. The company has a market capitalization of $68,135.98, a P/E ratio of 20.32, a P/E/G ratio of 1.96 and a beta of 1.36. Twenty-First Century Fox Inc has a twelve month low of $24.81 and a twelve month high of $39.13.
The firm also recently announced a Semi-Annual dividend, which will be paid on Wednesday, April 18th. Investors of record on Wednesday, March 14th will be issued a dividend of $0.18 per share. The ex-dividend date is Tuesday, March 13th. This represents a dividend yield of 0.00503778337531486%. Twenty-First Century Fox’s dividend payout ratio is presently 16.82%.
Several analysts have issued reports on the company. B. Riley raised Twenty-First Century Fox from a “neutral” rating to a “buy” rating and upped their target price for the stock from $38.00 to $46.00 in a research note on Tuesday, January 16th. BMO Capital Markets reissued a “buy” rating and set a $35.00 price objective on shares of Twenty-First Century Fox in a research note on Wednesday, November 22nd. ValuEngine raised Twenty-First Century Fox from a “hold” rating to a “buy” rating in a research note on Friday, February 9th. Piper Jaffray Companies set a $40.00 price objective on Twenty-First Century Fox and gave the company a “buy” rating in a research note on Saturday, December 16th. Finally, Atlantic Securities raised Twenty-First Century Fox from a “neutral” rating to an “overweight” rating in a research note on Monday, January 22nd. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and fourteen have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $38.53.
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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.
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