Twenty-First Century Fox, Inc. (FOXA) Shares Bought by ProShare Advisors LLC

ProShare Advisors LLC boosted its holdings in Twenty-First Century Fox, Inc. (NASDAQ:FOXA) by 15.9% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 476,413 shares of the company’s stock after acquiring an additional 65,386 shares during the quarter. ProShare Advisors LLC’s holdings in Twenty-First Century Fox were worth $13,502,000 as of its most recent filing with the SEC.

A number of other large investors have also added to or reduced their stakes in FOXA. BlackRock Inc. raised its position in Twenty-First Century Fox by 2,105.9% in the first quarter. BlackRock Inc. now owns 57,769,482 shares of the company’s stock worth $1,871,155,000 after acquiring an additional 55,150,610 shares in the last quarter. Independent Franchise Partners LLP raised its position in Twenty-First Century Fox by 19.6% in the second quarter. Independent Franchise Partners LLP now owns 26,355,484 shares of the company’s stock worth $746,914,000 after acquiring an additional 4,315,548 shares in the last quarter. Alliancebernstein L.P. raised its position in Twenty-First Century Fox by 217.9% in the first quarter. Alliancebernstein L.P. now owns 6,083,023 shares of the company’s stock worth $197,029,000 after acquiring an additional 4,169,322 shares in the last quarter. Point72 Asset Management L.P. raised its position in Twenty-First Century Fox by 132,582.5% in the first quarter. Point72 Asset Management L.P. now owns 2,653,649 shares of the company’s stock worth $85,952,000 after acquiring an additional 2,651,649 shares in the last quarter. Finally, Boston Partners raised its position in Twenty-First Century Fox by 19.4% in the second quarter. Boston Partners now owns 15,926,008 shares of the company’s stock worth $451,343,000 after acquiring an additional 2,592,039 shares in the last quarter. Hedge funds and other institutional investors own 53.33% of the company’s stock.

Twenty-First Century Fox, Inc. (NASDAQ FOXA) traded up 2.08% during mid-day trading on Friday, reaching $27.05. The company had a trading volume of 9,069,023 shares. The stock’s 50-day moving average is $27.50 and its 200 day moving average is $28.73. Twenty-First Century Fox, Inc. has a 12 month low of $23.60 and a 12 month high of $32.60. The firm has a market capitalization of $50.07 billion, a P/E ratio of 17.06 and a beta of 1.28.

Twenty-First Century Fox (NASDAQ:FOXA) last announced its earnings results on Wednesday, August 9th. The company reported $0.36 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.35 by $0.01. The company had revenue of $6.75 billion for the quarter, compared to analyst estimates of $6.79 billion. Twenty-First Century Fox had a return on equity of 22.46% and a net margin of 10.36%. Twenty-First Century Fox’s revenue for the quarter was up 1.5% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.45 earnings per share. On average, analysts predict that Twenty-First Century Fox, Inc. will post $2.03 earnings per share for the current fiscal year.

The business also recently announced a semiannual dividend, which will be paid on Wednesday, October 18th. Stockholders of record on Wednesday, September 13th will be given a dividend of $0.18 per share. This represents a dividend yield of 1.29%. The ex-dividend date is Tuesday, September 12th. Twenty-First Century Fox’s dividend payout ratio (DPR) is presently 22.64%.

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Several research firms have issued reports on FOXA. Cowen and Company reiterated a “market perform” rating and issued a $32.00 price objective (down previously from $33.00) on shares of Twenty-First Century Fox in a research report on Thursday, August 10th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $35.00 price objective (up previously from $33.00) on shares of Twenty-First Century Fox in a research report on Thursday, August 10th. Piper Jaffray Companies began coverage on Twenty-First Century Fox in a research report on Friday, August 11th. They issued an “overweight” rating and a $35.00 price objective for the company. Zacks Investment Research cut Twenty-First Century Fox from a “hold” rating to a “sell” rating in a research report on Tuesday, July 11th. Finally, ValuEngine cut Twenty-First Century Fox from a “buy” rating to a “hold” rating in a research report on Friday, June 2nd. One analyst has rated the stock with a sell rating, six have assigned a hold rating and eighteen have issued a buy rating to the company. Twenty-First Century Fox has a consensus rating of “Buy” and an average price target of $33.43.

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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Institutional Ownership by Quarter for Twenty-First Century Fox (NASDAQ:FOXA)

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