BidaskClub upgraded shares of Twenty-First Century Fox (NASDAQ:FOX) from a hold rating to a buy rating in a research report released on Friday, January 5th.
Separately, OTR Global raised Twenty-First Century Fox to a positive rating in a research report on Monday, October 30th. One equities research analyst has rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The company has a consensus rating of Buy and a consensus target price of $34.00.
Shares of Twenty-First Century Fox (NASDAQ FOX) opened at $36.26 on Friday. The company has a quick ratio of 1.73, a current ratio of 2.08 and a debt-to-equity ratio of 1.09. The firm has a market capitalization of $67,650.00, a price-to-earnings ratio of 22.38 and a beta of 1.37. Twenty-First Century Fox has a twelve month low of $24.30 and a twelve month high of $36.54.
Twenty-First Century Fox (NASDAQ:FOX) last announced its earnings results on Wednesday, November 8th. The company reported $0.49 earnings per share (EPS) for the quarter. Twenty-First Century Fox had a return on equity of 21.42% and a net margin of 10.30%.
In related news, EVP Gerson Zweifach sold 110,728 shares of the company’s stock in a transaction on Monday, December 18th. The stock was sold at an average price of $34.90, for a total transaction of $3,864,407.20. Following the transaction, the executive vice president now directly owns 36,007 shares of the company’s stock, valued at $1,256,644.30. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 39.40% of the stock is currently owned by insiders.
A number of hedge funds have recently modified their holdings of the business. Vanguard Group Inc. boosted its stake in Twenty-First Century Fox by 3.7% during the 2nd quarter. Vanguard Group Inc. now owns 30,550,996 shares of the company’s stock valued at $851,456,000 after purchasing an additional 1,077,197 shares during the period. Yacktman Asset Management LP boosted its stake in Twenty-First Century Fox by 0.8% during the 3rd quarter. Yacktman Asset Management LP now owns 27,514,056 shares of the company’s stock valued at $709,588,000 after purchasing an additional 219,801 shares during the period. Baupost Group LLC MA boosted its stake in Twenty-First Century Fox by 1.5% during the 3rd quarter. Baupost Group LLC MA now owns 7,384,542 shares of the company’s stock valued at $190,447,000 after purchasing an additional 106,442 shares during the period. Diamond Hill Capital Management Inc. boosted its stake in Twenty-First Century Fox by 2.9% during the 3rd quarter. Diamond Hill Capital Management Inc. now owns 7,168,686 shares of the company’s stock valued at $184,880,000 after purchasing an additional 199,015 shares during the period. Finally, State of Wisconsin Investment Board boosted its stake in Twenty-First Century Fox by 556.4% during the 3rd quarter. State of Wisconsin Investment Board now owns 5,714,957 shares of the company’s stock valued at $147,389,000 after purchasing an additional 4,844,318 shares during the period. 23.40% of the stock is currently owned by institutional investors.
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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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