AR Asset Management Inc. held its position in shares of Twenty-First Century Fox, Inc. (NASDAQ:FOXA) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 85,342 shares of the company’s stock at the end of the second quarter. Twenty-First Century Fox accounts for about 1.0% of AR Asset Management Inc.’s investment portfolio, making the stock its 28th largest position. AR Asset Management Inc.’s holdings in Twenty-First Century Fox were worth $2,419,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in FOXA. Venturi Wealth Management LLC bought a new position in shares of Twenty-First Century Fox during the second quarter worth $5,640,000. Aviva PLC increased its position in Twenty-First Century Fox by 0.7% in the second quarter. Aviva PLC now owns 658,841 shares of the company’s stock worth $18,672,000 after buying an additional 4,800 shares in the last quarter. Sumitomo Mitsui Trust Holdings Inc. increased its position in Twenty-First Century Fox by 0.5% in the second quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 3,038,149 shares of the company’s stock worth $86,101,000 after buying an additional 15,689 shares in the last quarter. Cobblestone Capital Advisors LLC NY increased its position in Twenty-First Century Fox by 2.6% in the second quarter. Cobblestone Capital Advisors LLC NY now owns 261,410 shares of the company’s stock worth $7,408,000 after buying an additional 6,509 shares in the last quarter. Finally, Marshall Wace LLP acquired a new position in Twenty-First Century Fox during the second quarter worth approximately $4,783,000. 53.79% of the stock is owned by hedge funds and other institutional investors.

Twenty-First Century Fox, Inc. (NASDAQ FOXA) traded up 0.89% during mid-day trading on Friday, hitting $27.34. 431,168 shares of the company traded hands. The firm has a 50 day moving average of $28.03 and a 200 day moving average of $29.12. Twenty-First Century Fox, Inc. has a one year low of $23.33 and a one year high of $32.60. The firm has a market capitalization of $50.61 billion, a P/E ratio of 17.24 and a beta of 1.27.

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, beating the consensus estimate of $0.35 by $0.01. The firm had revenue of $6.75 billion for the quarter, compared to analysts’ expectations of $6.79 billion. Twenty-First Century Fox had a net margin of 10.36% and a return on equity of 22.46%. The company’s revenue for the quarter was up 1.5% compared to the same quarter last year. During the same quarter last year, the business posted $0.45 earnings per share. Equities research analysts expect that Twenty-First Century Fox, Inc. will post $2.03 earnings per share for the current fiscal year.

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

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FOXA has been the subject of a number of recent research reports. ValuEngine upgraded shares of Twenty-First Century Fox from a “hold” rating to a “buy” rating in a research note on Thursday, May 11th. Rosenblatt Securities upgraded shares of Twenty-First Century Fox from a “neutral” rating to a “buy” rating and set a $33.00 price objective for the company in a research note on Thursday, May 11th. Zacks Investment Research downgraded shares of Twenty-First Century Fox from a “hold” rating to a “sell” rating in a research note on Tuesday, July 11th. Guggenheim restated a “buy” rating and set a $35.00 price objective on shares of Twenty-First Century Fox in a research note on Wednesday, July 12th. Finally, Credit Suisse Group restated a “buy” rating on shares of Twenty-First Century Fox in a research note on Thursday, August 3rd. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and eighteen have issued a buy rating to the stock. The company has an average rating of “Buy” and an average price target of $33.35.

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.

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

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