State Treasurer State of Michigan raised its position in shares of Twenty-First Century Fox, Inc. (NASDAQ:FOX) by 0.1% during the second quarter, according to its most recent disclosure with the SEC. The firm owned 160,056 shares of the company’s stock after buying an additional 100 shares during the period. State Treasurer State of Michigan’s holdings in Twenty-First Century Fox were worth $4,461,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Dalton Greiner Hartman Maher & Co. boosted its stake in Twenty-First Century Fox by 8.1% in the second quarter. Dalton Greiner Hartman Maher & Co. now owns 702,255 shares of the company’s stock worth $19,572,000 after buying an additional 52,692 shares in the last quarter. Highland Capital Management LLC boosted its stake in Twenty-First Century Fox by 14.9% in the second quarter. Highland Capital Management LLC now owns 128,244 shares of the company’s stock worth $3,574,000 after buying an additional 16,595 shares in the last quarter. Aperio Group LLC boosted its stake in Twenty-First Century Fox by 18.9% in the second quarter. Aperio Group LLC now owns 37,220 shares of the company’s stock worth $1,037,000 after buying an additional 5,922 shares in the last quarter. Louisiana State Employees Retirement System boosted its stake in Twenty-First Century Fox by 1.0% in the second quarter. Louisiana State Employees Retirement System now owns 30,200 shares of the company’s stock worth $842,000 after buying an additional 300 shares in the last quarter. Finally, LS Investment Advisors LLC boosted its stake in Twenty-First Century Fox by 3.3% in the second quarter. LS Investment Advisors LLC now owns 13,405 shares of the company’s stock worth $374,000 after buying an additional 430 shares in the last quarter. 23.07% of the stock is owned by hedge funds and other institutional investors.

Shares of Twenty-First Century Fox, Inc. (NASDAQ:FOX) traded down 0.37% during trading on Friday, reaching $26.79. The company’s stock had a trading volume of 2,456,525 shares. The firm has a market cap of $49.59 billion, a PE ratio of 16.89 and a beta of 1.19. Twenty-First Century Fox, Inc. has a 12 month low of $23.88 and a 12 month high of $31.94. The stock’s 50 day moving average price is $27.82 and its 200-day moving average price is $28.84.

Twenty-First Century Fox (NASDAQ:FOX) last posted its earnings results on Wednesday, August 9th. The company reported $0.36 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.37 by $0.01. Twenty-First Century Fox had a return on equity of 22.47% and a net margin of 10.36%. The firm had revenue of $6.75 billion for the quarter. During the same quarter in the prior year, the company posted $0.45 earnings per share. Equities analysts predict that Twenty-First Century Fox, Inc. will post $2.03 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 18th. Shareholders of record on Wednesday, September 13th will be given a dividend of $0.18 per share. The ex-dividend date is Tuesday, September 12th. This represents a $0.72 annualized dividend and a dividend yield of 2.69%. Twenty-First Century Fox’s dividend payout ratio is currently 22.64%.

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A number of equities research analysts recently weighed in on the company. BidaskClub cut Twenty-First Century Fox from a “sell” rating to a “strong sell” rating in a report on Thursday, August 10th. TheStreet raised Twenty-First Century Fox from a “c+” rating to a “b-” rating in a research note on Friday, August 4th. Finally, Zacks Investment Research upgraded Twenty-First Century Fox from a “sell” rating to a “buy” rating and set a $31.00 target price on the stock in a report on Tuesday, June 13th. One research analyst has rated the stock with a sell rating, one has given a hold rating and two have issued a buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of $33.00.

In other Twenty-First Century Fox news, CEO James R. Murdoch sold 111,713 shares of Twenty-First Century Fox stock in a transaction that occurred on Tuesday, August 15th. The shares were sold at an average price of $27.94, for a total transaction of $3,121,261.22. Following the transaction, the chief executive officer now owns 234,236 shares of the company’s stock, valued at approximately $6,544,553.84. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director David F. Devoe sold 30,149 shares of the firm’s stock in a transaction that occurred on Tuesday, August 15th. The stock was sold at an average price of $28.01, for a total transaction of $844,473.49. Following the sale, the director now owns 55,647 shares of the company’s stock, valued at approximately $1,558,672.47. The disclosure for this sale can be found here. 39.40% of the stock is owned by company insiders.

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.

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

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