Twenty-First Century Fox, Inc. (NASDAQ:FOXA)’s share price was up 9.9% during mid-day trading on Tuesday . The stock traded as high as $27.53 and last traded at $27.45. Approximately 29,749,274 shares were traded during trading, an increase of 262% from the average daily volume of 8,220,000 shares. The stock had previously closed at $24.97.

Several equities analysts have recently issued reports on FOXA shares. Cowen and Company reaffirmed a “hold” rating and set a $33.00 price target on shares of Twenty-First Century Fox in a research note on Tuesday, July 11th. Zacks Investment Research lowered Twenty-First Century Fox from a “hold” rating to a “sell” rating in a research note on Tuesday, July 11th. Guggenheim reaffirmed a “buy” rating and set a $35.00 price target on shares of Twenty-First Century Fox in a research note on Wednesday, July 12th. Jefferies Group LLC reaffirmed a “buy” rating and set a $35.00 price target on shares of Twenty-First Century Fox in a research note on Saturday, July 22nd. Finally, Credit Suisse Group reaffirmed a “buy” rating on shares of Twenty-First Century Fox in a research note on Thursday, August 3rd. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and eighteen have assigned a buy rating to the company’s stock. Twenty-First Century Fox has a consensus rating of “Buy” and an average price target of $33.58.

The stock has a market cap of $51,790.00, a price-to-earnings ratio of 12.87, a PEG ratio of 1.67 and a beta of 1.36. The company has a quick ratio of 1.82, a current ratio of 2.25 and a debt-to-equity ratio of 1.15.

Twenty-First Century Fox (NASDAQ:FOXA) last announced its quarterly earnings results on Wednesday, August 9th. The company reported $0.36 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.35 by $0.01. Twenty-First Century Fox had a return on equity of 22.46% and a net margin of 10.36%. The company had revenue of $6.75 billion during the quarter, compared to the consensus estimate of $6.79 billion. During the same period in the prior year, the company earned $0.45 earnings per share. The company’s revenue for the quarter was up 1.5% compared to the same quarter last year. sell-side analysts predict that Twenty-First Century Fox, Inc. will post 1.99 earnings per share for the current fiscal year.

The firm also recently declared a semiannual dividend, which was paid on Wednesday, October 18th. Shareholders of record on Wednesday, September 13th were issued a $0.18 dividend. The ex-dividend date was Tuesday, September 12th. This represents a dividend yield of 1.29%. Twenty-First Century Fox’s dividend payout ratio (DPR) is currently 22.36%.

Several institutional investors have recently made changes to their positions in the business. Commerce Bank increased its holdings in shares of Twenty-First Century Fox by 30.7% in the third quarter. Commerce Bank now owns 9,449 shares of the company’s stock worth $249,000 after acquiring an additional 2,218 shares in the last quarter. Cambridge Investment Research Advisors Inc. bought a new stake in shares of Twenty-First Century Fox in the third quarter worth about $226,000. Stratos Wealth Partners LTD. bought a new stake in shares of Twenty-First Century Fox in the third quarter worth about $203,000. Fjarde AP Fonden Fourth Swedish National Pension Fund increased its holdings in shares of Twenty-First Century Fox by 8.4% in the third quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 260,263 shares of the company’s stock worth $6,866,000 after acquiring an additional 20,179 shares in the last quarter. Finally, Comerica Bank increased its holdings in shares of Twenty-First Century Fox by 0.8% in the third quarter. Comerica Bank now owns 269,632 shares of the company’s stock worth $7,116,000 after acquiring an additional 2,104 shares in the last quarter. Institutional investors own 53.56% of the company’s stock.

ILLEGAL ACTIVITY NOTICE: “Twenty-First Century Fox, Inc. (FOXA) Trading Up 9.9%” was reported by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are reading this report on another domain, it was illegally copied and republished in violation of U.S. and international copyright & trademark legislation. The correct version of this report can be read at https://www.thecerbatgem.com/2017/11/07/twenty-first-century-fox-inc-foxa-trading-up-9-9.html.

About Twenty-First Century Fox

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.

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.