Twenty-First Century Fox Inc. (NASDAQ:FOXA) – Investment analysts at Credit Agricole SA lowered their FY2017 earnings estimates for shares of Twenty-First Century Fox in a research note issued on Friday. Credit Agricole SA analyst V. Karasyov now anticipates that the firm will post earnings of $1.85 per share for the year, down from their prior estimate of $1.86.

Several other research analysts have also issued reports on FOXA. Zacks Investment Research lowered Twenty-First Century Fox from a “hold” rating to a “sell” rating in a research report on Tuesday, June 14th. Sanford C. Bernstein reiterated an “outperform” rating on shares of Twenty-First Century Fox in a report on Friday, June 17th. Brean Capital assumed coverage on Twenty-First Century Fox in a report on Wednesday, July 6th. They set a “hold” rating on the stock. Nomura reiterated a “buy” rating on shares of Twenty-First Century Fox in a report on Saturday, July 9th. Finally, Moffett Nathanson reiterated a “buy” rating and set a $32.00 target price on shares of Twenty-First Century Fox in a report on Tuesday, July 12th. One analyst has rated the stock with a sell rating, ten have assigned a hold rating and seventeen have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average price target of $31.61.

Earnings History and Estimates for Twenty-First Century Fox (NASDAQ:FOXA)

Twenty-First Century Fox (NASDAQ:FOXA) traded down 0.41% on Monday, reaching $24.54. The company had a trading volume of 6,123,868 shares. The firm has a 50 day moving average price of $24.31 and a 200-day moving average price of $27.23. Twenty-First Century Fox has a 12 month low of $22.66 and a 12 month high of $31.40. The stock has a market capitalization of $45.71 billion, a price-to-earnings ratio of 17.33 and a beta of 1.34.

Twenty-First Century Fox (NASDAQ:FOXA) last posted its quarterly earnings results on Wednesday, August 3rd. The company reported $0.45 earnings per share for the quarter, beating the consensus estimate of $0.37 by $0.08. The firm had revenue of $6.65 billion for the quarter, compared to analyst estimates of $6.68 billion. Twenty-First Century Fox had a return on equity of 21.63% and a net margin of 10.08%. Twenty-First Century Fox’s quarterly revenue was up 7.1% on a year-over-year basis. During the same period in the previous year, the firm earned $0.39 earnings per share.

Several hedge funds and other institutional investors have recently made changes to their positions in FOXA. Iowa State Bank bought a new stake in Twenty-First Century Fox during the second quarter worth $126,000. Johnson Financial Group Inc. increased its stake in Twenty-First Century Fox by 5,109.9% in the second quarter. Johnson Financial Group Inc. now owns 4,741 shares of the company’s stock worth $128,000 after buying an additional 4,650 shares during the last quarter. SevenBridge Financial Group LLC bought a new stake in Twenty-First Century Fox during the second quarter worth $166,000. Quadrant Capital Group LLC increased its stake in Twenty-First Century Fox by 2.4% in the second quarter. Quadrant Capital Group LLC now owns 6,713 shares of the company’s stock worth $171,000 after buying an additional 159 shares during the last quarter. Finally, Capital Analysts LLC increased its stake in Twenty-First Century Fox by 38.6% in the second quarter. Capital Analysts LLC now owns 4,699 shares of the company’s stock worth $192,000 after buying an additional 1,309 shares during the last quarter. Institutional investors own 53.31% of the company’s stock.

The business also recently declared a dividend, which will be paid on Wednesday, October 19th. Stockholders of record on Wednesday, September 14th will be issued a dividend of $0.18 per share. The ex-dividend date is Monday, September 12th. This is an increase from Twenty-First Century Fox’s previous dividend of $0.15. Twenty-First Century Fox’s dividend payout ratio is 25.35%.

About Twenty-First Century Fox

Twenty-First Century Fox, Inc is a media and entertainment company. The Company operates through segments: Cable Network Programming, Television, Filmed Entertainment, and Other, Corporate and Eliminations. The Company produces and licenses news, business news, sports, general entertainment, factual entertainment and movie programming for distribution primarily through cable television systems, direct broadcast satellite operators, telecommunications companies and online video distributors in the United States and internationally.

5 Day Chart for NASDAQ:FOXA

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