Aberdeen Asset Management PLC UK increased its stake in shares of Twenty-First Century Fox, Inc. (NASDAQ:FOX) by 7.6% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 335,799 shares of the company’s stock after buying an additional 23,809 shares during the period. Aberdeen Asset Management PLC UK’s holdings in Twenty-First Century Fox were worth $10,672,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. APG Asset Management N.V. increased its position in shares of Twenty-First Century Fox by 29.6% in the third quarter. APG Asset Management N.V. now owns 1,272,076 shares of the company’s stock valued at $31,471,000 after buying an additional 290,200 shares during the period. Manikay Partners LLC bought a new position in shares of Twenty-First Century Fox during the fourth quarter valued at approximately $44,963,000. Mitsubishi UFJ Trust & Banking Corp boosted its stake in Twenty-First Century Fox by 3.0% in the first quarter. Mitsubishi UFJ Trust & Banking Corp now owns 896,584 shares of the company’s stock valued at $28,493,000 after buying an additional 25,866 shares in the last quarter. Dodge & Cox acquired a new stake in Twenty-First Century Fox during the fourth quarter valued at $384,802,000. Finally, ING Groep NV boosted its stake in Twenty-First Century Fox by 13.0% in the fourth quarter. ING Groep NV now owns 152,723 shares of the company’s stock valued at $4,197,000 after buying an additional 17,589 shares in the last quarter. Institutional investors own 24.05% of the company’s stock.

Institutional Ownership by Quarter for Twenty-First Century Fox (NASDAQ:FOX)

Shares of Twenty-First Century Fox, Inc. (FOX) traded down 1.06% during mid-day trading on Friday, hitting $27.12. The stock had a trading volume of 3,581,799 shares. The stock’s 50-day moving average price is $27.64 and its 200 day moving average price is $29.07. The company has a market capitalization of $50.20 billion, a P/E ratio of 16.68 and a beta of 1.27. Twenty-First Century Fox, Inc. has a 1-year low of $23.88 and a 1-year high of $31.94.

TRADEMARK VIOLATION NOTICE: This piece was posted by The Cerbat Gem and is owned by of The Cerbat Gem. If you are viewing this piece on another publication, it was illegally stolen and republished in violation of international trademark and copyright law. The correct version of this piece can be accessed at https://www.thecerbatgem.com/2017/06/16/aberdeen-asset-management-plc-uk-increases-position-in-twenty-first-century-fox-inc-fox-updated-updated.html.

Several research firms have recently weighed in on FOX. Rosenblatt Securities began coverage on Twenty-First Century Fox in a research report on Tuesday, April 4th. They issued a “neutral” rating and a $33.00 price objective for the company. Zacks Investment Research raised Twenty-First Century Fox from a “sell” rating to a “buy” rating and set a $31.00 price objective for the company in a research report on Tuesday. TheStreet cut Twenty-First Century Fox from a “b” rating to a “c+” rating in a research report on Wednesday, May 24th. Finally, Jefferies Group LLC reissued a “buy” rating and issued a $35.00 price objective on shares of Twenty-First Century Fox in a research report on Wednesday, April 5th. Five analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. Twenty-First Century Fox presently has a consensus rating of “Buy” and an average price target of $32.90.

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.

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.