BNP Paribas Arbitrage SA grew its stake in shares of Twenty-First Century Fox, Inc. (NASDAQ:FOX) by 30.9% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 332,041 shares of the company’s stock after purchasing an additional 78,317 shares during the quarter. BNP Paribas Arbitrage SA’s holdings in Twenty-First Century Fox were worth $8,563,000 at the end of the most recent quarter.
Other institutional investors and hedge funds also recently modified their holdings of the company. Dupont Capital Management Corp acquired a new position in shares of Twenty-First Century Fox during the second quarter worth about $122,000. Quantbot Technologies LP lifted its stake in shares of Twenty-First Century Fox by 139.2% during the second quarter. Quantbot Technologies LP now owns 4,418 shares of the company’s stock worth $123,000 after purchasing an additional 2,571 shares in the last quarter. Bessemer Group Inc. lifted its stake in shares of Twenty-First Century Fox by 91.4% during the third quarter. Bessemer Group Inc. now owns 5,497 shares of the company’s stock worth $141,000 after purchasing an additional 2,625 shares in the last quarter. Elgethun Capital Management acquired a new position in shares of Twenty-First Century Fox during the second quarter worth about $201,000. Finally, QS Investors LLC lifted its stake in shares of Twenty-First Century Fox by 58.5% during the second quarter. QS Investors LLC now owns 8,939 shares of the company’s stock worth $249,000 after purchasing an additional 3,300 shares in the last quarter. Institutional investors own 23.58% of the company’s stock.
FOX has been the topic of a number of recent research reports. BidaskClub upgraded Twenty-First Century Fox from a “strong sell” rating to a “sell” rating in a research note on Monday, July 31st. TheStreet upgraded Twenty-First Century Fox from a “c+” rating to a “b-” rating in a research note on Friday, August 4th. Finally, OTR Global upgraded Twenty-First Century Fox to a “positive” rating in a research note on Monday, October 30th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and two have given a buy rating to the company’s stock. Twenty-First Century Fox presently has an average rating of “Hold” and a consensus target price of $34.00.
Twenty-First Century Fox, Inc. (NASDAQ:FOX) opened at $27.95 on Thursday. The company has a quick ratio of 1.73, a current ratio of 2.08 and a debt-to-equity ratio of 1.09. Twenty-First Century Fox, Inc. has a one year low of $24.30 and a one year high of $31.94. The company has a market capitalization of $50,552.34, a PE ratio of 14.22 and a beta of 1.18.
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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.
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