Sanford C. Bernstein restated their market perform rating on shares of Twenty-First Century Fox, Inc. (NASDAQ:FOXA) in a research note released on Tuesday.

Other analysts have also recently issued reports about the company. ValuEngine upgraded Twenty-First Century Fox from a hold rating to a buy rating in a research report on Thursday, July 6th. Credit Suisse Group reaffirmed a buy rating on shares of Twenty-First Century Fox in a research note on Thursday, August 3rd. Jefferies Group LLC reaffirmed a buy rating and issued a $35.00 price target on shares of Twenty-First Century Fox in a research note on Saturday, July 22nd. Guggenheim reaffirmed a buy rating and issued a $35.00 price target on shares of Twenty-First Century Fox in a research note on Wednesday, July 12th. Finally, BMO Capital Markets set a $36.00 price target on Twenty-First Century Fox and gave the stock a buy rating in a research note on Friday, June 16th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and eighteen have given a buy rating to the company. The company currently has a consensus rating of Buy and an average target price of $33.43.

Twenty-First Century Fox (NASDAQ FOXA) opened at 25.90 on Tuesday. The company has a market capitalization of $47.94 billion, a P/E ratio of 16.33 and a beta of 1.28. Twenty-First Century Fox has a 52-week low of $23.33 and a 52-week high of $32.60. The stock’s 50 day moving average price is $27.72 and its 200-day moving average price is $28.82.

Twenty-First Century Fox (NASDAQ:FOXA) last posted its quarterly earnings data on Wednesday, August 9th. The company reported $0.36 EPS for the quarter, beating the Zacks’ consensus estimate of $0.35 by $0.01. The business had revenue of $6.75 billion during the quarter, compared to analysts’ expectations of $6.79 billion. Twenty-First Century Fox had a return on equity of 22.46% and a net margin of 10.36%. The business’s revenue was up 1.5% compared to the same quarter last year. During the same period in the previous year, the business earned $0.45 earnings per share. Analysts predict that Twenty-First Century Fox will post $2.04 earnings per share for the current fiscal year.

TRADEMARK VIOLATION WARNING: This piece was published by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are accessing this piece on another publication, it was illegally stolen and reposted in violation of US & international copyright and trademark legislation. The correct version of this piece can be read at https://www.thecerbatgem.com/2017/09/13/twenty-first-century-foxs-foxa-market-perform-rating-reaffirmed-at-sanford-c-bernstein.html.

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

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Sentry Investment Management LLC boosted its stake in Twenty-First Century Fox by 1.3% during the second quarter. Sentry Investment Management LLC now owns 189,680 shares of the company’s stock worth $5,376,000 after buying an additional 2,482 shares during the last quarter. Toronto Dominion Bank boosted its stake in Twenty-First Century Fox by 25.5% during the second quarter. Toronto Dominion Bank now owns 356,491 shares of the company’s stock worth $10,101,000 after buying an additional 72,459 shares during the last quarter. First Fiduciary Investment Counsel Inc. boosted its stake in Twenty-First Century Fox by 0.9% during the second quarter. First Fiduciary Investment Counsel Inc. now owns 402,906 shares of the company’s stock worth $11,418,000 after buying an additional 3,415 shares during the last quarter. Verition Fund Management LLC acquired a new position in Twenty-First Century Fox during the second quarter worth $365,000. Finally, Sterling Capital Management LLC boosted its stake in Twenty-First Century Fox by 1.2% during the second quarter. Sterling Capital Management LLC now owns 8,494 shares of the company’s stock worth $241,000 after buying an additional 99 shares during the last quarter. 53.33% of the stock is currently owned by institutional investors.

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.

Analyst Recommendations for Twenty-First Century Fox (NASDAQ:FOXA)

Receive News & Stock Ratings for Twenty-First Century Fox Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Twenty-First Century Fox Inc. and related stocks with our FREE daily email newsletter.