Twenty-First Century Fox, Inc. (NASDAQ:FOXA)‘s stock had its “hold” rating reaffirmed by investment analysts at Cowen and Company in a research report issued to clients and investors on Tuesday, July 11th. They presently have a $33.00 price target on the stock. Cowen and Company’s price objective indicates a potential upside of 17.02% from the company’s current price.

Several other analysts have also issued reports on the company. Rosenblatt Securities upgraded Twenty-First Century Fox from a “neutral” rating to a “buy” rating and set a $33.00 target price on the stock in a report on Thursday, May 11th. Jefferies Group LLC restated a “buy” rating and issued a $35.00 price objective on shares of Twenty-First Century Fox in a research note on Friday, May 12th. Guggenheim restated a “buy” rating and issued a $35.00 price objective (up previously from $34.00) on shares of Twenty-First Century Fox in a research note on Friday, April 14th. BMO Capital Markets set a $36.00 price objective on Twenty-First Century Fox and gave the company a “buy” rating in a research note on Friday, June 16th. Finally, ValuEngine upgraded Twenty-First Century Fox from a “hold” rating to a “buy” rating in a research note on Thursday, May 11th. One analyst has rated the stock with a sell rating, five have given a hold rating and eighteen have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average target price of $33.10.

Twenty-First Century Fox (NASDAQ FOXA) opened at 28.20 on Tuesday. The firm has a market cap of $52.19 billion, a price-to-earnings ratio of 17.34 and a beta of 1.27. Twenty-First Century Fox has a one year low of $23.33 and a one year high of $32.60. The stock’s 50 day moving average price is $27.99 and its 200-day moving average price is $29.44.

Twenty-First Century Fox (NASDAQ:FOXA) last released its earnings results on Wednesday, May 10th. The company reported $0.54 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.48 by $0.06. Twenty-First Century Fox had a return on equity of 24.40% and a net margin of 10.72%. The business had revenue of $7.56 billion for the quarter, compared to analyst estimates of $7.63 billion. During the same quarter in the prior year, the company posted $0.47 earnings per share. Twenty-First Century Fox’s revenue was up 4.6% on a year-over-year basis. Analysts forecast that Twenty-First Century Fox will post $1.93 earnings per share for the current year.

COPYRIGHT VIOLATION WARNING: This piece was originally posted by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are reading this piece on another website, it was illegally copied and reposted in violation of US & international copyright laws. The legal version of this piece can be read at https://www.thecerbatgem.com/2017/08/08/twenty-first-century-fox-inc-nasdaqfoxa-rating-reiterated-by-cowen-and-company-updated-updated-updated.html.

Large investors have recently modified their holdings of the stock. Bronfman E.L. Rothschild L.P. increased its stake in shares of Twenty-First Century Fox by 3.5% in the first quarter. Bronfman E.L. Rothschild L.P. now owns 4,495 shares of the company’s stock worth $146,000 after buying an additional 151 shares in the last quarter. State of Alaska Department of Revenue increased its stake in shares of Twenty-First Century Fox by 4.8% in the second quarter. State of Alaska Department of Revenue now owns 4,365 shares of the company’s stock worth $123,000 after buying an additional 200 shares in the last quarter. Midwest Investment Management LLC boosted its position in shares of Twenty-First Century Fox by 0.3% in the second quarter. Midwest Investment Management LLC now owns 65,566 shares of the company’s stock worth $1,858,000 after buying an additional 200 shares during the last quarter. Capital One National Association boosted its position in shares of Twenty-First Century Fox by 1.5% in the first quarter. Capital One National Association now owns 14,093 shares of the company’s stock worth $456,000 after buying an additional 202 shares during the last quarter. Finally, Auxier Asset Management boosted its position in shares of Twenty-First Century Fox by 0.3% in the fourth quarter. Auxier Asset Management now owns 77,012 shares of the company’s stock worth $2,159,000 after buying an additional 236 shares during the last quarter. 53.96% of the stock is currently owned by hedge funds and other institutional investors.

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.

Analyst Recommendations for Twenty-First Century Fox (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.