Shares of Twenty-First Century Fox, Inc. (NASDAQ:FOXA) have earned an average rating of “Buy” from the twenty-five research firms that are currently covering the firm, Marketbeat reports. One analyst has rated the stock with a sell recommendation, five have assigned a hold recommendation and eighteen have issued a buy recommendation on the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is $33.23.

Several research firms recently issued reports on FOXA. BMO Capital Markets restated an “outperform” rating and set a $36.00 price objective on shares of Twenty-First Century Fox in a research report on Thursday, May 11th. Jefferies Group LLC restated a “buy” rating and set a $35.00 price objective on shares of Twenty-First Century Fox in a research report on Friday, May 12th. Instinet restated a “buy” rating and set a $35.00 price objective (down from $37.00) on shares of Twenty-First Century Fox in a research report on Thursday, May 11th. Pivotal Research restated a “buy” rating and set a $37.00 price objective (up from $36.00) on shares of Twenty-First Century Fox in a research report on Sunday, April 23rd. Finally, Needham & Company LLC restated a “hold” rating on shares of Twenty-First Century Fox in a research report on Thursday, May 11th.

Several hedge funds and other institutional investors have recently bought and sold shares of FOXA. Capital Research Global Investors raised its position in Twenty-First Century Fox by 20.2% in the second quarter. Capital Research Global Investors now owns 85,581,646 shares of the company’s stock valued at $2,425,384,000 after buying an additional 14,398,422 shares during the last quarter. Vanguard Group Inc. raised its position in Twenty-First Century Fox by 0.4% in the second quarter. Vanguard Group Inc. now owns 67,589,972 shares of the company’s stock valued at $1,915,500,000 after buying an additional 287,817 shares during the last quarter. BlackRock Inc. raised its position in Twenty-First Century Fox by 2.5% in the second quarter. BlackRock Inc. now owns 59,202,463 shares of the company’s stock valued at $1,677,798,000 after buying an additional 1,432,981 shares during the last quarter. State Street Corp raised its position in Twenty-First Century Fox by 2.6% in the first quarter. State Street Corp now owns 45,901,829 shares of the company’s stock valued at $1,486,981,000 after buying an additional 1,152,570 shares during the last quarter. Finally, Wellington Management Group LLP raised its position in Twenty-First Century Fox by 4.4% in the first quarter. Wellington Management Group LLP now owns 34,076,667 shares of the company’s stock valued at $1,103,742,000 after buying an additional 1,437,559 shares during the last quarter. 53.79% of the stock is owned by institutional investors and hedge funds.

Shares of Twenty-First Century Fox (NASDAQ:FOXA) traded down 0.33% during trading on Tuesday, reaching $27.26. 4,691,214 shares of the company traded hands. The firm has a 50 day moving average of $28.15 and a 200 day moving average of $29.24. The stock has a market capitalization of $50.46 billion, a PE ratio of 17.19 and a beta of 1.27. Twenty-First Century Fox has a 52 week low of $23.33 and a 52 week high of $32.60.

Twenty-First Century Fox (NASDAQ:FOXA) last released its quarterly earnings data on Wednesday, August 9th. The company reported $0.36 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.35 by $0.01. Twenty-First Century Fox had a net margin of 10.36% and a return on equity of 22.46%. The firm had revenue of $6.75 billion during the quarter, compared to analysts’ expectations of $6.79 billion. During the same period last year, the business earned $0.45 earnings per share. Twenty-First Century Fox’s revenue was up 1.5% compared to the same quarter last year. On average, equities analysts predict that Twenty-First Century Fox will post $2.03 EPS for the current year.

The firm also recently disclosed a semiannual dividend, which will be paid on Wednesday, October 18th. Stockholders of record on Wednesday, September 13th will be paid a $0.18 dividend. This represents a dividend yield of 1.29%. The ex-dividend date is Tuesday, September 12th. Twenty-First Century Fox’s payout ratio is 22.64%.

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About Twenty-First Century Fox

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)

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