Westpac Banking Corp trimmed its holdings in shares of Twenty-First Century Fox, Inc. (NASDAQ:FOX) by 65.0% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 51,740 shares of the company’s stock after selling 96,239 shares during the period. Westpac Banking Corp’s holdings in Twenty-First Century Fox were worth $1,442,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of FOX. BlackRock Inc. raised its stake in shares of Twenty-First Century Fox by 2,917.8% during the first quarter. BlackRock Inc. now owns 26,468,128 shares of the company’s stock worth $841,159,000 after buying an additional 25,591,062 shares during the last quarter. Vanguard Group Inc. raised its stake in shares of Twenty-First Century Fox by 5.6% during the first quarter. Vanguard Group Inc. now owns 29,473,799 shares of the company’s stock worth $936,677,000 after buying an additional 1,574,477 shares during the last quarter. Vaughan Nelson Investment Management L.P. raised its stake in shares of Twenty-First Century Fox by 49.3% during the second quarter. Vaughan Nelson Investment Management L.P. now owns 3,102,376 shares of the company’s stock worth $86,463,000 after buying an additional 1,024,030 shares during the last quarter. California Public Employees Retirement System raised its stake in shares of Twenty-First Century Fox by 98.5% during the first quarter. California Public Employees Retirement System now owns 2,022,800 shares of the company’s stock worth $64,285,000 after buying an additional 1,003,900 shares during the last quarter. Finally, Sather Financial Group Inc bought a new stake in shares of Twenty-First Century Fox during the first quarter worth approximately $23,663,000. 23.27% of the stock is owned by institutional investors and hedge funds.

In other Twenty-First Century Fox news, CEO James R. Murdoch sold 111,713 shares of the firm’s stock in a transaction that occurred on Tuesday, August 15th. The shares were sold at an average price of $27.94, for a total transaction of $3,121,261.22. Following the completion of the transaction, the chief executive officer now owns 234,236 shares in the company, valued at approximately $6,544,553.84. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director David F. Devoe sold 30,149 shares of the firm’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 transaction, the director now owns 55,647 shares of the company’s stock, valued at approximately $1,558,672.47. The disclosure for this sale can be found here. 39.40% of the stock is currently owned by company insiders.

A number of equities research analysts recently weighed in on FOX shares. TheStreet raised shares of Twenty-First Century Fox from a “c+” rating to a “b-” rating in a research note on Friday, August 4th. Zacks Investment Research raised shares of Twenty-First Century Fox from a “sell” rating to a “buy” rating and set a $31.00 price target for the company in a research note on Tuesday, June 13th. Finally, BidaskClub raised shares of Twenty-First Century Fox from a “strong sell” rating to a “sell” rating in a research note on Monday, July 31st. One analyst has rated the stock with a sell rating, one has assigned a hold rating and two have assigned a buy rating to the stock. Twenty-First Century Fox has a consensus rating of “Hold” and a consensus price target of $33.00.

Twenty-First Century Fox, Inc. (NASDAQ FOX) opened at 25.38 on Friday. The company’s 50-day moving average is $27.36 and its 200-day moving average is $28.46. Twenty-First Century Fox, Inc. has a one year low of $23.88 and a one year high of $31.94. The firm has a market cap of $46.98 billion, a PE ratio of 16.00 and a beta of 1.20.

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

The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 18th. Shareholders 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 yield of 2.84%. Twenty-First Century Fox’s payout ratio is 22.64%.

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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:FOX)

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