Sterling Capital Management LLC bought a new position in shares of Twenty-First Century Fox Inc (NASDAQ:FOX) during the 4th quarter, according to its most recent 13F filing with the SEC. The fund bought 143,585 shares of the company’s stock, valued at approximately $4,899,000.
A number of other hedge funds have also made changes to their positions in the stock. IFG Advisory LLC purchased a new stake in Twenty-First Century Fox during the 4th quarter valued at about $383,000. Aevitas Wealth Management Inc. purchased a new stake in Twenty-First Century Fox during the 4th quarter valued at about $110,000. Cerebellum GP LLC purchased a new stake in Twenty-First Century Fox during the 4th quarter valued at about $113,000. Partners Capital Investment Group LLP purchased a new stake in Twenty-First Century Fox during the 4th quarter valued at about $134,000. Finally, Tredje AP fonden grew its stake in Twenty-First Century Fox by 420,700.0% during the 3rd quarter. Tredje AP fonden now owns 4,208 shares of the company’s stock valued at $109,000 after purchasing an additional 4,207 shares during the last quarter. Hedge funds and other institutional investors own 24.31% of the company’s stock.
FOX has been the topic of several research analyst reports. BidaskClub upgraded Twenty-First Century Fox from a “sell” rating to a “hold” rating in a research note on Saturday, December 2nd. Loop Capital initiated coverage on Twenty-First Century Fox in a report on Friday, March 16th. They issued a “buy” rating and a $43.00 price objective for the company. One equities research analyst has rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the stock. The company has a consensus rating of “Buy” and an average target price of $37.00.
Twenty-First Century Fox (NASDAQ:FOX) last issued its quarterly earnings data on Wednesday, February 7th. The company reported $0.42 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.38 by $0.04. The business had revenue of $8.04 billion during the quarter. Twenty-First Century Fox had a return on equity of 19.01% and a net margin of 13.49%.
The business also recently disclosed a quarterly 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 is Tuesday, March 13th. This represents a $0.72 annualized dividend and a dividend yield of 1.99%. Twenty-First Century Fox’s dividend payout ratio (DPR) is presently 16.82%.
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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.
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