Twenty-First Century Fox Inc. (NASDAQ:FOX) saw a significant decrease in short interest during the month of November. As of November 15th, there was short interest totalling 6,435,757 shares, a decrease of 28.9% from the October 31st total of 9,054,382 shares. Based on an average trading volume of 5,895,786 shares, the short-interest ratio is presently 1.1 days. Currently, 1.4% of the company’s stock are sold short.

Several hedge funds have recently modified their holdings of the company. Arizona State Retirement System increased its stake in shares of Twenty-First Century Fox by 1.5% in the first quarter. Arizona State Retirement System now owns 116,900 shares of the company’s stock valued at $3,297,000 after buying an additional 1,700 shares in the last quarter. First Republic Investment Management Inc. increased its stake in shares of Twenty-First Century Fox by 14.2% in the first quarter. First Republic Investment Management Inc. now owns 26,989 shares of the company’s stock valued at $761,000 after buying an additional 3,364 shares in the last quarter. Cacti Asset Management LLC increased its stake in shares of Twenty-First Century Fox by 1.2% in the second quarter. Cacti Asset Management LLC now owns 1,011,475 shares of the company’s stock valued at $27,563,000 after buying an additional 11,600 shares in the last quarter. DNB Asset Management AS increased its stake in shares of Twenty-First Century Fox by 2.0% in the second quarter. DNB Asset Management AS now owns 36,532 shares of the company’s stock valued at $995,000 after buying an additional 700 shares in the last quarter. Finally, Exxonmobil Investment Management Inc. TX increased its stake in shares of Twenty-First Century Fox by 6.3% in the second quarter. Exxonmobil Investment Management Inc. TX now owns 111,617 shares of the company’s stock valued at $3,042,000 after buying an additional 6,630 shares in the last quarter. Institutional investors and hedge funds own 22.09% of the company’s stock.

Shares of Twenty-First Century Fox (NASDAQ:FOX) opened at 28.26 on Monday. Twenty-First Century Fox has a 52-week low of $22.65 and a 52-week high of $31.16. The company’s 50-day moving average is $26.40 and its 200 day moving average is $26.84. The firm has a market cap of $52.43 billion, a price-to-earnings ratio of 18.68 and a beta of 1.22.

A number of research firms have issued reports on FOX. Wedbush reaffirmed an “outperform” rating and issued a $33.00 price target (down previously from $34.00) on shares of Twenty-First Century Fox in a report on Thursday, August 4th. Pivotal Research reaffirmed a “buy” rating and issued a $34.00 price target (down previously from $36.00) on shares of Twenty-First Century Fox in a report on Thursday, August 4th. RBC Capital Markets reaffirmed an “outperform” rating and issued a $32.00 price target (down previously from $36.00) on shares of Twenty-First Century Fox in a report on Thursday, August 4th. Zacks Investment Research cut shares of Twenty-First Century Fox from a “hold” rating to a “sell” rating in a report on Thursday, October 13th. Finally, TheStreet cut shares of Twenty-First Century Fox from a “buy” rating to a “hold” rating in a report on Wednesday, August 3rd. Eight analysts have rated the stock with a hold rating and fifteen have given a buy rating to the stock. Twenty-First Century Fox currently has an average rating of “Buy” and a consensus price target of $32.44.

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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.

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