AustralianSuper Pty Ltd Sells 75,000 Shares of Twenty-First Century Fox, Inc. (FOXA)

AustralianSuper Pty Ltd trimmed its holdings in Twenty-First Century Fox, Inc. (NASDAQ:FOXA) by 8.3% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 831,000 shares of the company’s stock after selling 75,000 shares during the period. AustralianSuper Pty Ltd’s holdings in Twenty-First Century Fox were worth $21,922,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in FOXA. Mint Tower Capital Management B.V. bought a new position in shares of Twenty-First Century Fox in the third quarter valued at $110,000. Rockefeller Financial Services Inc. bought a new position in shares of Twenty-First Century Fox during the third quarter valued at about $113,000. Zions Bancorporation lifted its position in shares of Twenty-First Century Fox by 86.4% during the third quarter. Zions Bancorporation now owns 4,911 shares of the company’s stock valued at $130,000 after purchasing an additional 2,276 shares in the last quarter. Global X Management Co. LLC lifted its position in shares of Twenty-First Century Fox by 9.7% during the second quarter. Global X Management Co. LLC now owns 5,108 shares of the company’s stock valued at $145,000 after purchasing an additional 451 shares in the last quarter. Finally, Tiedemann Wealth Management LLC bought a new position in shares of Twenty-First Century Fox during the third quarter valued at about $148,000. 54.50% of the stock is currently owned by hedge funds and other institutional investors.

FOXA has been the topic of a number of recent analyst reports. Piper Jaffray Companies reissued a “buy” rating on shares of Twenty-First Century Fox in a research report on Tuesday, September 26th. Pivotal Research raised their price objective on shares of Twenty-First Century Fox from $35.00 to $37.00 and gave the stock a “buy” rating in a report on Thursday. Sanford C. Bernstein restated a “market perform” rating on shares of Twenty-First Century Fox in a report on Tuesday, September 12th. Credit Suisse Group restated an “outperform” rating and set a $35.00 price objective (down previously from $37.00) on shares of Twenty-First Century Fox in a report on Thursday, October 12th. Finally, Rosenblatt Securities restated a “buy” rating and set a $40.00 price objective on shares of Twenty-First Century Fox in a report on Monday, December 4th. One analyst has rated the stock with a sell rating, six have issued a hold rating and fifteen have assigned a buy rating to the company. Twenty-First Century Fox presently has a consensus rating of “Buy” and an average target price of $34.44.

Shares of Twenty-First Century Fox, Inc. (NASDAQ:FOXA) opened at $34.88 on Friday. Twenty-First Century Fox, Inc. has a 1 year low of $24.81 and a 1 year high of $35.15. The stock has a market cap of $60,670.29, a P/E ratio of 17.06, a price-to-earnings-growth ratio of 2.25 and a beta of 1.34. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.73 and a current ratio of 2.08.

Twenty-First Century Fox (NASDAQ:FOXA) last announced its earnings results on Wednesday, November 8th. The company reported $0.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.48 by $0.01. Twenty-First Century Fox had a net margin of 10.30% and a return on equity of 21.41%. The business had revenue of $7 billion during the quarter, compared to analyst estimates of $6.80 billion. During the same period in the previous year, the business posted $0.51 earnings per share. Twenty-First Century Fox’s revenue for the quarter was up 7.6% on a year-over-year basis. equities research analysts anticipate that Twenty-First Century Fox, Inc. will post 1.98 EPS for the current year.

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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.

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

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