Twenty-First Century Fox Inc. (NASDAQ:FOX) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a report released on Monday.

According to Zacks, “Twenty-First Century Fox, Inc. is involved in creating and distributing media services. Its business portfolio consists of cable, broadcast, film, pay TV and satellite assets. Twenty-First Century Fox, Inc., formerly known as News Corporation, is based in New York, United States. “

A number of other equities analysts also recently commented on the stock. Argus restated a “hold” rating on shares of Twenty-First Century Fox in a research report on Wednesday, August 17th. Citigroup Inc. restated a “buy” rating and set a $31.00 price objective (down previously from $32.00) on shares of Twenty-First Century Fox in a research report on Tuesday, August 16th. Barclays PLC restated an “equal weight” rating and set a $29.00 price objective (down previously from $33.00) on shares of Twenty-First Century Fox in a research report on Wednesday, August 10th. FBR & Co restated a “market perform” rating and set a $38.00 price objective (down previously from $42.00) on shares of Twenty-First Century Fox in a research report on Friday, August 5th. Finally, Credit Suisse Group AG restated an “outperform” rating and set a $33.00 price objective (down previously from $38.00) on shares of Twenty-First Century Fox in a research report on Saturday, August 6th. Nine investment analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company. Twenty-First Century Fox has an average rating of “Buy” and an average target price of $32.44.

Analyst Recommendations for Twenty-First Century Fox (NASDAQ:FOX)

Shares of Twenty-First Century Fox (NASDAQ:FOX) traded up 0.14% during mid-day trading on Monday, hitting $27.73. 2,215,507 shares of the stock traded hands. The firm’s 50 day moving average price is $25.97 and its 200 day moving average price is $26.90. The firm has a market cap of $51.45 billion, a price-to-earnings ratio of 18.33 and a beta of 1.22. Twenty-First Century Fox has a 12-month low of $22.65 and a 12-month high of $31.16.

Several large investors have recently added to or reduced their stakes in the company. Simplex Trading LLC boosted its stake in Twenty-First Century Fox by 476.3% in the third quarter. Simplex Trading LLC now owns 4,213 shares of the company’s stock valued at $104,000 after buying an additional 3,482 shares in the last quarter. Signaturefd LLC boosted its stake in Twenty-First Century Fox by 17.3% in the second quarter. Signaturefd LLC now owns 4,410 shares of the company’s stock valued at $120,000 after buying an additional 650 shares in the last quarter. Creative Planning boosted its stake in Twenty-First Century Fox by 53.2% in the second quarter. Creative Planning now owns 4,702 shares of the company’s stock valued at $128,000 after buying an additional 1,633 shares in the last quarter. Mizuho Asset Management Co. Ltd. boosted its stake in Twenty-First Century Fox by 121.5% in the second quarter. Mizuho Asset Management Co. Ltd. now owns 6,544 shares of the company’s stock valued at $178,000 after buying an additional 3,589 shares in the last quarter. Finally, Meeder Asset Management Inc. purchased a new stake in Twenty-First Century Fox during the third quarter valued at about $211,000. 22.09% of the stock is currently owned by institutional investors.

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:FOX

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.