Canada Pension Plan Investment Board lowered its position in shares of Twenty-First Century Fox, Inc. (NASDAQ:FOX) by 3.2% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 536,300 shares of the company’s stock after selling 18,000 shares during the period. Canada Pension Plan Investment Board’s holdings in Twenty-First Century Fox were worth $14,947,000 at the end of the most recent quarter.
A number of other large investors have also recently modified their holdings of FOX. Candriam Luxembourg S.C.A. raised its position in Twenty-First Century Fox by 521.7% in the first quarter. Candriam Luxembourg S.C.A. now owns 146,987 shares of the company’s stock valued at $4,671,000 after buying an additional 123,344 shares during the last quarter. Dalton Greiner Hartman Maher & Co. bought a new position in Twenty-First Century Fox during the first quarter valued at approximately $20,643,000. DnB Asset Management AS raised its position in Twenty-First Century Fox by 6.6% in the first quarter. DnB Asset Management AS now owns 46,732 shares of the company’s stock valued at $1,485,000 after buying an additional 2,900 shares during the last quarter. Jolley Asset Management LLC raised its position in Twenty-First Century Fox by 0.3% in the first quarter. Jolley Asset Management LLC now owns 153,179 shares of the company’s stock valued at $4,868,000 after buying an additional 395 shares during the last quarter. Finally, SeaBridge Investment Advisors LLC bought a new position in Twenty-First Century Fox during the first quarter valued at approximately $1,029,000. 23.07% of the stock is owned by institutional investors and hedge funds.
Twenty-First Century Fox, Inc. (NASDAQ:FOX) opened at 27.44 on Wednesday. Twenty-First Century Fox, Inc. has a 52-week low of $23.88 and a 52-week high of $31.94. The company has a market capitalization of $50.87 billion, a price-to-earnings ratio of 17.30 and a beta of 1.19. The stock has a 50 day moving average price of $27.86 and a 200 day moving average price of $28.89.
Twenty-First Century Fox (NASDAQ:FOX) last released its earnings results on Wednesday, August 9th. The company reported $0.36 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.37 by $0.01. The company had revenue of $6.75 billion during the quarter. Twenty-First Century Fox had a net margin of 10.36% and a return on equity of 22.47%. During the same period in the previous year, the business posted $0.45 EPS. On average, equities analysts expect that Twenty-First Century Fox, Inc. will post $2.05 earnings per share for the current year.
The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 18th. Investors of record on Wednesday, September 13th will be issued a $0.18 dividend. The ex-dividend date of this dividend is Tuesday, September 12th. This represents a $0.72 dividend on an annualized basis and a yield of 2.62%. Twenty-First Century Fox’s dividend payout ratio (DPR) is presently 22.64%.
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Several research analysts have recently commented on the company. Zacks Investment Research lowered Twenty-First Century Fox from a “hold” rating to a “sell” rating in a research report on Tuesday, April 18th. BidaskClub raised Twenty-First Century Fox from a “strong sell” rating to a “sell” rating in a research report on Monday, July 31st. Finally, TheStreet raised Twenty-First Century Fox from a “c+” rating to a “b-” rating in a research report on Friday, August 4th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of $32.50.
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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