Chesapeake Asset Management LLC maintained its stake in Twenty-First Century Fox, Inc. (NASDAQ:FOX) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 20,000 shares of the company’s stock at the end of the second quarter. Chesapeake Asset Management LLC’s holdings in Twenty-First Century Fox were worth $557,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the stock. Creative Planning raised its stake in Twenty-First Century Fox by 3.6% in the first quarter. Creative Planning now owns 4,188 shares of the company’s stock valued at $133,000 after buying an additional 144 shares in the last quarter. Bank of Montreal Can raised its stake in Twenty-First Century Fox by 16.6% in the first quarter. Bank of Montreal Can now owns 153,468 shares of the company’s stock valued at $4,877,000 after buying an additional 21,854 shares in the last quarter. Capstone Asset Management Co. raised its stake in Twenty-First Century Fox by 5.1% in the first quarter. Capstone Asset Management Co. now owns 14,510 shares of the company’s stock valued at $461,000 after buying an additional 710 shares in the last quarter. DnB Asset Management AS raised its stake in Twenty-First Century Fox by 6.6% in the first quarter. DnB Asset Management AS now owns 46,732 shares of the company’s stock valued at $1,485,000 after buying an additional 2,900 shares in the last quarter. Finally, Candriam Luxembourg S.C.A. raised its stake in Twenty-First Century Fox by 521.7% in the first quarter. Candriam Luxembourg S.C.A. now owns 146,987 shares of the company’s stock valued at $4,671,000 after buying an additional 123,344 shares in the last quarter. Institutional investors own 23.07% of the company’s stock.

Twenty-First Century Fox, Inc. (NASDAQ FOX) traded down 0.37% during mid-day trading on Friday, reaching $26.79. The company’s stock had a trading volume of 2,456,525 shares. The company has a market capitalization of $49.59 billion, a price-to-earnings ratio of 16.89 and a beta of 1.19. The stock has a 50-day moving average price of $27.82 and a 200-day moving average price of $28.84. Twenty-First Century Fox, Inc. has a one year low of $23.88 and a one year high of $31.94.

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

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

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Several analysts have issued reports on FOX shares. TheStreet lowered Twenty-First Century Fox from a “b” rating to a “c+” rating in a report on Wednesday, May 24th. Zacks Investment Research raised Twenty-First Century Fox from a “sell” rating to a “buy” rating and set a $31.00 price target for the company in a report on Tuesday, June 13th. Finally, BidaskClub raised Twenty-First Century Fox from a “strong sell” rating to a “sell” rating in a report on Monday, July 31st. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and two have assigned 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 dated Tuesday, August 15th. The stock was sold at an average price of $27.94, for a total transaction of $3,121,261.22. Following the completion of the transaction, the chief executive officer now owns 234,236 shares in the company, valued at approximately $6,544,553.84. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director David F. Devoe sold 30,149 shares of Twenty-First Century Fox stock in a transaction dated Tuesday, August 15th. The shares were sold at an average price of $28.01, for a total value of $844,473.49. Following the transaction, 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. Company insiders own 39.40% 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.

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

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