Zurcher Kantonalbank Zurich Cantonalbank reduced its stake in Twenty-First Century Fox, Inc. (NASDAQ:FOX) by 22.8% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 116,650 shares of the company’s stock after selling 34,401 shares during the quarter. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Twenty-First Century Fox were worth $3,251,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Knights of Columbus Asset Advisors LLC raised its stake in Twenty-First Century Fox by 8.5% in the second quarter. Knights of Columbus Asset Advisors LLC now owns 84,800 shares of the company’s stock valued at $2,363,000 after purchasing an additional 6,650 shares in the last quarter. Iat Reinsurance Co. LTD. purchased a new stake in Twenty-First Century Fox in the second quarter valued at approximately $5,267,000. Fjarde AP Fonden Fourth Swedish National Pension Fund raised its stake in Twenty-First Century Fox by 14.4% in the second quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 101,289 shares of the company’s stock valued at $2,823,000 after purchasing an additional 12,754 shares in the last quarter. Andra AP fonden raised its stake in Twenty-First Century Fox by 14.7% in the second quarter. Andra AP fonden now owns 118,800 shares of the company’s stock valued at $3,311,000 after purchasing an additional 15,200 shares in the last quarter. Finally, Aviva PLC raised its stake in Twenty-First Century Fox by 1.6% in the second quarter. Aviva PLC now owns 271,127 shares of the company’s stock valued at $7,556,000 after purchasing an additional 4,270 shares in the last quarter. 23.27% of the stock is currently owned by institutional investors and hedge funds.

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A number of research analysts have commented on FOX shares. TheStreet upgraded shares of Twenty-First Century Fox from a “c+” rating to a “b-” rating in a research report on Friday, August 4th. Zacks Investment Research upgraded shares of Twenty-First Century Fox from a “sell” rating to a “buy” rating and set a $31.00 price target on the stock in a research report on Tuesday, June 13th. Finally, BidaskClub upgraded shares of Twenty-First Century Fox from a “strong sell” rating to a “sell” rating in a research report on Monday, July 31st. One investment analyst has rated the stock with a sell rating, one has given a hold rating and two have issued a buy rating to the stock. Twenty-First Century Fox presently has an average rating of “Hold” and an average target price of $33.00.

Twenty-First Century Fox, Inc. (FOX) opened at 26.98 on Tuesday. The firm’s 50-day moving average is $27.55 and its 200-day moving average is $28.58. Twenty-First Century Fox, Inc. has a 12 month low of $23.88 and a 12 month high of $31.94. The company has a market capitalization of $49.94 billion, a PE ratio of 17.01 and a beta of 1.20.

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

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 18th. Stockholders of record on Wednesday, September 13th will be issued 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 2.67%. Twenty-First Century Fox’s dividend payout ratio (DPR) is 22.64%.

In other news, Director David F. Devoe sold 30,149 shares of the company’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 directly owns 55,647 shares of the company’s stock, valued at approximately $1,558,672.47. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO James R. Murdoch sold 111,713 shares of the company’s stock in a transaction that occurred on Tuesday, August 15th. The stock was sold at an average price of $27.94, for a total value of $3,121,261.22. Following the sale, the chief executive officer now directly owns 234,236 shares in the company, valued at $6,544,553.84. The disclosure for this sale can be found here. 39.40% of the stock is owned by corporate 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.

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

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