Neuberger Berman Group LLC trimmed its position in shares of Twenty-First Century Fox, Inc. (NASDAQ:FOXA) by 38.6% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 572,204 shares of the company’s stock after selling 360,418 shares during the period. Neuberger Berman Group LLC’s holdings in Twenty-First Century Fox were worth $16,216,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in the company. Pacer Advisors Inc. increased its holdings in Twenty-First Century Fox by 77.3% in the 2nd quarter. Pacer Advisors Inc. now owns 70,866 shares of the company’s stock valued at $2,008,000 after acquiring an additional 30,889 shares during the last quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund increased its holdings in Twenty-First Century Fox by 15.8% in the 2nd quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 240,084 shares of the company’s stock valued at $6,804,000 after acquiring an additional 32,728 shares during the last quarter. Andra AP fonden increased its holdings in Twenty-First Century Fox by 23.9% in the 2nd quarter. Andra AP fonden now owns 129,300 shares of the company’s stock valued at $3,664,000 after acquiring an additional 24,900 shares during the last quarter. Markston International LLC increased its holdings in Twenty-First Century Fox by 7.5% in the 2nd quarter. Markston International LLC now owns 541,072 shares of the company’s stock valued at $15,334,000 after acquiring an additional 37,607 shares during the last quarter. Finally, Robeco Institutional Asset Management B.V. increased its holdings in Twenty-First Century Fox by 15.0% in the 2nd quarter. Robeco Institutional Asset Management B.V. now owns 1,033,790 shares of the company’s stock valued at $29,299,000 after acquiring an additional 135,142 shares during the last quarter. Hedge funds and other institutional investors own 53.33% of the company’s stock.

A number of analysts have issued reports on the stock. Jefferies Group LLC reiterated a “buy” rating and issued a $35.00 price target on shares of Twenty-First Century Fox in a report on Friday, May 12th. Cowen and Company reiterated a “market perform” rating and issued a $32.00 price target (down from $33.00) on shares of Twenty-First Century Fox in a report on Thursday, August 10th. ValuEngine downgraded shares of Twenty-First Century Fox from a “buy” rating to a “hold” rating in a report on Friday, June 2nd. BMO Capital Markets set a $36.00 price target on shares of Twenty-First Century Fox and gave the company a “buy” rating in a report on Friday, June 16th. Finally, Royal Bank Of Canada reiterated an “outperform” rating and issued a $35.00 price target (up from $33.00) on shares of Twenty-First Century Fox in a report on Thursday, August 10th. One 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. Twenty-First Century Fox currently has an average rating of “Buy” and an average target price of $33.35.

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Twenty-First Century Fox, Inc. (FOXA) opened at 25.79 on Friday. The company’s 50 day moving average is $27.77 and its 200-day moving average is $28.88. Twenty-First Century Fox, Inc. has a 1-year low of $23.33 and a 1-year high of $32.60. The stock has a market capitalization of $47.74 billion, a PE ratio of 16.26 and a beta of 1.28.

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. Analysts forecast that Twenty-First Century Fox, Inc. will post $2.04 earnings per share for the current fiscal year.

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

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

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