TheStreet upgraded shares of Twenty-First Century Fox Inc. (NASDAQ:FOXA) from a hold rating to a buy rating in a research note released on Wednesday morning.

A number of other brokerages have also weighed in on FOXA. FBR & Co restated a hold rating on shares of Twenty-First Century Fox in a research note on Thursday, November 3rd. Brean Capital restated a hold rating on shares of Twenty-First Century Fox in a research note on Thursday, November 3rd. 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 note on Monday, July 25th. Jefferies Group lowered their price objective on Twenty-First Century Fox from $33.00 to $32.00 and set a buy rating for the company in a research note on Thursday, August 4th. Finally, Pivotal Research lowered their price objective on Twenty-First Century Fox from $36.00 to $34.00 and set a buy rating for the company in a research note on Thursday, August 4th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and nineteen have issued a buy rating to the company. Twenty-First Century Fox presently has a consensus rating of Buy and a consensus price target of $31.57.

Shares of Twenty-First Century Fox (NASDAQ:FOXA) opened at 27.82 on Wednesday. The stock has a market cap of $51.62 billion, a PE ratio of 18.39 and a beta of 1.28. The stock’s 50 day moving average price is $25.93 and its 200 day moving average price is $26.63. Twenty-First Century Fox has a 1-year low of $22.66 and a 1-year high of $31.25.

Twenty-First Century Fox (NASDAQ:FOXA) last posted its earnings results on Wednesday, November 2nd. The company reported $0.51 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.44 by $0.07. Twenty-First Century Fox had a return on equity of 23.28% and a net margin of 10.45%. The business earned $6.51 billion during the quarter, compared to analyst estimates of $6.49 billion. During the same quarter last year, the firm earned $0.38 earnings per share. The company’s revenue for the quarter was up 7.1% compared to the same quarter last year. On average, equities research analysts anticipate that Twenty-First Century Fox will post $1.91 EPS for the current fiscal year.

Institutional investors have recently modified their holdings of the stock. Moody National Bank Trust Division raised its position in shares of Twenty-First Century Fox by 0.4% in the second quarter. Moody National Bank Trust Division now owns 10,580 shares of the company’s stock valued at $286,000 after buying an additional 45 shares in the last quarter. Cadence Capital Management LLC raised its position in shares of Twenty-First Century Fox by 0.8% in the second quarter. Cadence Capital Management LLC now owns 8,731 shares of the company’s stock valued at $236,000 after buying an additional 71 shares in the last quarter. Municipal Employees Retirement System of Michigan raised its position in shares of Twenty-First Century Fox by 0.3% in the third quarter. Municipal Employees Retirement System of Michigan now owns 34,760 shares of the company’s stock valued at $842,000 after buying an additional 110 shares in the last quarter. Quadrant Capital Group LLC raised its position in shares of 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 valued at $171,000 after buying an additional 159 shares in the last quarter. Finally, Commonwealth Equity Services Inc raised its position in shares of Twenty-First Century Fox by 0.8% in the second quarter. Commonwealth Equity Services Inc now owns 21,546 shares of the company’s stock valued at $583,000 after buying an additional 163 shares in the last quarter. Hedge funds and other institutional investors own 54.43% of the company’s stock.

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.

5 Day Chart for NASDAQ:FOXA

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