Royal Bank Of Canada reiterated their outperform rating on shares of Twenty-First Century Fox, Inc. (NASDAQ:FOXA) in a report published on Thursday morning, Marketbeat Ratings reports. Royal Bank Of Canada currently has a $34.00 price target on the stock, down from their prior price target of $35.00.

A number of other equities analysts have also recently weighed in on the company. B. Riley reissued a neutral rating on shares of Twenty-First Century Fox in a research note on Wednesday, November 1st. Zacks Investment Research lowered Twenty-First Century Fox from a hold rating to a sell rating in a report on Wednesday, November 1st. Piper Jaffray Companies set a $35.00 price target on Twenty-First Century Fox and gave the company a buy rating in a report on Wednesday, November 1st. Credit Suisse Group reiterated an outperform rating and set a $35.00 price target (down from $37.00) on shares of Twenty-First Century Fox in a report on Thursday, October 12th. Finally, Guggenheim reiterated a buy rating and set a $35.00 price target on shares of Twenty-First Century Fox in a report on Tuesday, October 10th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and eighteen have given a buy rating to the stock. Twenty-First Century Fox has an average rating of Buy and a consensus target price of $33.40.

Twenty-First Century Fox (NASDAQ:FOXA) traded up $0.14 during trading hours on Thursday, reaching $28.84. The company had a trading volume of 14,782,600 shares, compared to its average volume of 8,608,249. The firm has a market capitalization of $53,384.46, a price-to-earnings ratio of 15.02, a P/E/G ratio of 1.98 and a beta of 1.26. Twenty-First Century Fox has a 1 year low of $24.81 and a 1 year high of $32.60. The company has a current ratio of 2.08, a quick ratio of 1.73 and a debt-to-equity ratio of 1.09.

Twenty-First Century Fox (NASDAQ:FOXA) last released its earnings results on Wednesday, November 8th. The company reported $0.49 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.48 by $0.01. The firm had revenue of $7 billion for the quarter, compared to analyst estimates of $6.80 billion. Twenty-First Century Fox had a return on equity of 21.41% and a net margin of 10.30%. Twenty-First Century Fox’s revenue was up 7.6% compared to the same quarter last year. During the same period in the previous year, the company earned $0.51 earnings per share. equities analysts anticipate that Twenty-First Century Fox will post 1.98 earnings per share for the current fiscal year.

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Several institutional investors and hedge funds have recently modified their holdings of the company. Capital Research Global Investors increased its stake in shares of Twenty-First Century Fox by 20.2% in the 2nd quarter. Capital Research Global Investors now owns 85,581,646 shares of the company’s stock valued at $2,425,384,000 after purchasing an additional 14,398,422 shares during the last quarter. Vanguard Group Inc. boosted its holdings in shares of Twenty-First Century Fox by 0.4% during the 2nd quarter. Vanguard Group Inc. now owns 67,589,972 shares of the company’s stock valued at $1,915,500,000 after acquiring an additional 287,817 shares in the last quarter. BlackRock Inc. boosted its holdings in shares of Twenty-First Century Fox by 2.5% during the 2nd quarter. BlackRock Inc. now owns 59,202,463 shares of the company’s stock valued at $1,677,798,000 after acquiring an additional 1,432,981 shares in the last quarter. Independent Franchise Partners LLP boosted its holdings in shares of Twenty-First Century Fox by 7.7% during the 3rd quarter. Independent Franchise Partners LLP now owns 28,394,638 shares of the company’s stock valued at $749,050,000 after acquiring an additional 2,039,154 shares in the last quarter. Finally, JPMorgan Chase & Co. lifted its holdings in Twenty-First Century Fox by 8.7% during the 2nd quarter. JPMorgan Chase & Co. now owns 26,630,790 shares of the company’s stock worth $754,718,000 after buying an additional 2,140,568 shares during the period. Institutional investors own 53.45% of the company’s stock.

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)

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