Twenty-First Century Fox Inc. (NASDAQ:FOXA) was the recipient of a significant growth in short interest during the month of September. As of September 30th, there was short interest totalling 27,589,882 shares, a growth of 24.5% from the September 15th total of 22,152,073 shares. Based on an average daily volume of 12,675,123 shares, the days-to-cover ratio is currently 2.2 days. Approximately 2.6% of the company’s shares are short sold.

Several research firms have commented on FOXA. Moffett Nathanson reiterated a “buy” rating and issued a $32.00 target price on shares of Twenty-First Century Fox in a research report on Tuesday, July 12th. Nomura reiterated a “buy” rating on shares of Twenty-First Century Fox in a research report on Saturday, July 9th. Brean Capital reiterated a “hold” rating on shares of Twenty-First Century Fox in a research report on Friday, July 22nd. Credit Suisse Group AG lowered their price objective on Twenty-First Century Fox from $40.00 to $38.00 and set an “outperform” rating for the company in a research report on Monday, July 25th. Finally, RBC Capital Markets restated a “buy” rating and set a $32.00 price objective (down from $36.00) on shares of Twenty-First Century Fox in a research report on Thursday, August 4th. One investment analyst has rated the stock with a sell rating, ten have given a hold rating and seventeen have issued a buy rating to the stock. The company has an average rating of “Buy” and an average target price of $31.61.

Hedge funds and other institutional investors have recently made changes to their positions in the company. GSA Capital Partners LLP raised its position in shares of Twenty-First Century Fox by 126.2% in the second quarter. GSA Capital Partners LLP now owns 121,111 shares of the company’s stock valued at $3,276,000 after buying an additional 67,575 shares in the last quarter. EFG Asset Management Americas Corp. raised its position in shares of Twenty-First Century Fox by 11.3% in the first quarter. EFG Asset Management Americas Corp. now owns 56,823 shares of the company’s stock valued at $1,584,000 after buying an additional 5,768 shares in the last quarter. Zurich Insurance Group Ltd FI raised its position in shares of Twenty-First Century Fox by 48.4% in the first quarter. Zurich Insurance Group Ltd FI now owns 182,966 shares of the company’s stock valued at $5,101,000 after buying an additional 59,715 shares in the last quarter. Adage Capital Partners GP L.L.C. purchased a new position in shares of Twenty-First Century Fox during the first quarter valued at about $46,777,000. Finally, National Pension Service raised its position in shares of Twenty-First Century Fox by 4.1% in the first quarter. National Pension Service now owns 718,514 shares of the company’s stock valued at $20,032,000 after buying an additional 28,128 shares in the last quarter. 53.31% of the stock is owned by hedge funds and other institutional investors.

Shares of Twenty-First Century Fox (NASDAQ:FOXA) opened at 24.73 on Friday. The company’s 50-day moving average price is $24.30 and its 200-day moving average price is $27.17. The company has a market capitalization of $46.06 billion, a price-to-earnings ratio of 17.46 and a beta of 1.34. Twenty-First Century Fox has a one year low of $22.66 and a one year high of $31.40.

Twenty-First Century Fox (NASDAQ:FOXA) last announced its earnings results on Wednesday, August 3rd. The company reported $0.45 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.37 by $0.08. Twenty-First Century Fox had a return on equity of 21.63% and a net margin of 10.08%. The firm earned $6.65 billion during the quarter, compared to analyst estimates of $6.68 billion. During the same quarter in the prior year, the company earned $0.39 EPS. The business’s revenue was up 7.1% compared to the same quarter last year. On average, equities research analysts predict that Twenty-First Century Fox will post $1.92 earnings per share for the current year.

The company also recently announced a dividend, which will be paid on Wednesday, October 19th. Stockholders of record on Wednesday, September 14th will be given a $0.18 dividend. The ex-dividend date of this dividend is Monday, September 12th. This is a positive change from Twenty-First Century Fox’s previous dividend of $0.15. Twenty-First Century Fox’s dividend payout ratio is currently 25.35%.

Twenty-First Century Fox Company Profile

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

Receive News & Stock Ratings for Twenty-First Century Fox Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Twenty-First Century Fox Inc. and related stocks with our FREE daily email newsletter.