South Dakota Investment Council Buys 15,000 Shares of Twenty-First Century Fox, Inc. (FOXA)
South Dakota Investment Council boosted its stake in shares of Twenty-First Century Fox, Inc. (NASDAQ:FOXA) by 1.0% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,525,060 shares of the company’s stock after acquiring an additional 15,000 shares during the quarter. Twenty-First Century Fox comprises 0.9% of South Dakota Investment Council’s investment portfolio, making the stock its 27th biggest holding. South Dakota Investment Council owned 0.08% of Twenty-First Century Fox worth $43,220,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors also recently bought and sold shares of the company. Advisory Services Network LLC acquired a new stake in Twenty-First Century Fox during the 1st quarter worth approximately $106,000. Grove Bank & Trust lifted its position in Twenty-First Century Fox by 1,328.3% during the 2nd quarter. Grove Bank & Trust now owns 3,785 shares of the company’s stock worth $107,000 after acquiring an additional 3,520 shares during the period. State of Alaska Department of Revenue acquired a new stake in Twenty-First Century Fox during the 1st quarter worth approximately $134,000. TrimTabs Asset Management LLC lifted its position in Twenty-First Century Fox by 89.0% during the 1st quarter. TrimTabs Asset Management LLC now owns 4,384 shares of the company’s stock worth $142,000 after acquiring an additional 2,064 shares during the period. Finally, Bronfman E.L. Rothschild L.P. lifted its position in Twenty-First Century Fox by 3.5% during the 1st quarter. Bronfman E.L. Rothschild L.P. now owns 4,495 shares of the company’s stock worth $146,000 after acquiring an additional 151 shares during the period. 53.33% of the stock is owned by institutional investors.
A number of analysts have weighed in on FOXA shares. Rosenblatt Securities raised 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 report on Thursday, May 11th. Jefferies Group LLC reaffirmed 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. BMO Capital Markets set a $36.00 price objective on Twenty-First Century Fox and gave the stock a “buy” rating in a research report on Friday, June 16th. ValuEngine raised Twenty-First Century Fox from a “hold” rating to a “buy” rating in a research report on Thursday, May 11th. Finally, Credit Suisse Group reaffirmed a “buy” rating and set a $37.00 price objective on shares of Twenty-First Century Fox in a research report on Friday, June 30th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and seventeen have given a buy rating to the company. The stock currently has an average rating of “Buy” and an average price target of $33.35.
Twenty-First Century Fox, Inc. (NASDAQ FOXA) traded down 0.170% during trading on Thursday, reaching $26.385. The company had a trading volume of 1,316,877 shares. Twenty-First Century Fox, Inc. has a 52-week low of $23.33 and a 52-week high of $32.60. The firm has a market capitalization of $48.84 billion, a P/E ratio of 16.636 and a beta of 1.28. The company has a 50-day moving average of $27.88 and a 200-day moving average of $28.92.
Twenty-First Century Fox (NASDAQ:FOXA) last released its earnings results on Wednesday, August 9th. The company reported $0.36 earnings per share for the quarter, topping analysts’ consensus estimates of $0.35 by $0.01. The firm had revenue of $6.75 billion during the quarter, compared to the consensus estimate of $6.79 billion. Twenty-First Century Fox had a return on equity of 22.46% and a net margin of 10.36%. The firm’s revenue for the quarter was up 1.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.45 earnings per share. Analysts expect that Twenty-First Century Fox, Inc. will post $2.04 EPS for the current fiscal year.
The company also recently announced a semiannual dividend, which will be paid on Wednesday, October 18th. Shareholders of record on Wednesday, September 13th will be given a $0.18 dividend. The ex-dividend date is Tuesday, September 12th. This represents a yield of 1.29%. Twenty-First Century Fox’s dividend payout ratio (DPR) is 22.64%.
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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