Westside Investment Management Inc. increased its position in shares of Twenty-First Century Fox, Inc. (NASDAQ:FOXA) by 124.5% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 6,816 shares of the company’s stock after buying an additional 3,780 shares during the period. Westside Investment Management Inc.’s holdings in Twenty-First Century Fox were worth $193,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of FOXA. BlackRock Inc. boosted its holdings in shares of Twenty-First Century Fox by 2,105.9% during the 1st quarter. BlackRock Inc. now owns 57,769,482 shares of the company’s stock worth $1,871,155,000 after buying an additional 55,150,610 shares during the period. Capital Research Global Investors boosted its holdings in shares of Twenty-First Century Fox by 20.2% during the 2nd quarter. Capital Research Global Investors now owns 85,581,646 shares of the company’s stock worth $2,425,384,000 after buying an additional 14,398,422 shares during the period. Independent Franchise Partners LLP boosted its holdings in shares of Twenty-First Century Fox by 19.6% during the 2nd quarter. Independent Franchise Partners LLP now owns 26,355,484 shares of the company’s stock worth $746,914,000 after buying an additional 4,315,548 shares during the period. Point72 Asset Management L.P. boosted its holdings in shares of Twenty-First Century Fox by 132,582.5% during the 1st quarter. Point72 Asset Management L.P. now owns 2,653,649 shares of the company’s stock worth $85,952,000 after buying an additional 2,651,649 shares during the period. Finally, Northern Trust Corp boosted its holdings in shares of Twenty-First Century Fox by 17.4% during the 2nd quarter. Northern Trust Corp now owns 17,652,970 shares of the company’s stock worth $500,285,000 after buying an additional 2,621,748 shares during the period. 53.34% of the stock is owned by institutional investors and hedge funds.

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Several research firms recently issued reports on FOXA. Piper Jaffray Companies reaffirmed a “buy” rating on shares of Twenty-First Century Fox in a report on Tuesday, September 26th. Jefferies Group LLC reissued a “buy” rating and issued a $35.00 price target on shares of Twenty-First Century Fox in a report on Tuesday, September 26th. Sanford C. Bernstein reissued a “market perform” rating on shares of Twenty-First Century Fox in a report on Tuesday, September 12th. KeyCorp reissued a “buy” rating and issued a $35.00 price target on shares of Twenty-First Century Fox in a report on Sunday, September 10th. Finally, ValuEngine downgraded shares of Twenty-First Century Fox from a “buy” rating to a “hold” rating in a report on Friday, September 1st. One analyst has rated the stock with a sell rating, six have given a hold rating and eighteen have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of $33.45.

Shares of Twenty-First Century Fox, Inc. (NASDAQ:FOXA) traded up 0.15% during midday trading on Friday, hitting $26.99. 6,363,379 shares of the company were exchanged. The company has a market capitalization of $49.96 billion, a P/E ratio of 17.02 and a beta of 1.26. Twenty-First Century Fox, Inc. has a one year low of $24.22 and a one year high of $32.60. The company has a 50-day moving average of $26.85 and a 200 day moving average of $28.34.

Twenty-First Century Fox (NASDAQ:FOXA) last posted its quarterly earnings data on Wednesday, August 9th. The company reported $0.36 earnings per share 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 business had revenue of $6.75 billion during the quarter, compared to analysts’ expectations of $6.79 billion. During the same quarter in the prior year, the business posted $0.45 earnings per share. Twenty-First Century Fox’s revenue was up 1.5% compared to the same quarter last year. On average, equities research analysts expect that Twenty-First Century Fox, Inc. will post $2.03 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. The ex-dividend date is Tuesday, September 12th. This represents a yield of 1.29%. Twenty-First Century Fox’s dividend payout ratio 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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Institutional Ownership by Quarter for Twenty-First Century Fox (NASDAQ:FOXA)

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