Manning & Napier Advisors LLC decreased its stake in shares of Twenty-First Century Fox, Inc. (NASDAQ:FOXA) by 12.7% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 7,696,039 shares of the company’s stock after selling 1,120,258 shares during the period. Twenty-First Century Fox accounts for 1.7% of Manning & Napier Advisors LLC’s portfolio, making the stock its 18th largest position. Manning & Napier Advisors LLC owned about 0.42% of Twenty-First Century Fox worth $203,019,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently modified their holdings of FOXA. Capital Research Global Investors increased its position in shares of Twenty-First Century Fox by 20.2% in the second quarter. Capital Research Global Investors now owns 85,581,646 shares of the company’s stock worth $2,425,384,000 after acquiring an additional 14,398,422 shares in the last quarter. Vanguard Group Inc. increased its position in shares of Twenty-First Century Fox by 0.4% in the second quarter. Vanguard Group Inc. now owns 67,589,972 shares of the company’s stock worth $1,915,500,000 after acquiring an additional 287,817 shares in the last quarter. BlackRock Inc. increased its position in shares of Twenty-First Century Fox by 2.5% in the second quarter. BlackRock Inc. now owns 59,202,463 shares of the company’s stock worth $1,677,798,000 after acquiring an additional 1,432,981 shares in the last quarter. Independent Franchise Partners LLP increased its position in shares of Twenty-First Century Fox by 7.7% in the third quarter. Independent Franchise Partners LLP now owns 28,394,638 shares of the company’s stock worth $749,050,000 after acquiring an additional 2,039,154 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its position in shares of Twenty-First Century Fox by 8.7% in the second quarter. JPMorgan Chase & Co. now owns 26,630,790 shares of the company’s stock worth $754,718,000 after acquiring an additional 2,140,568 shares in the last quarter. 53.45% of the stock is owned by hedge funds and other institutional investors.

Several equities research analysts have recently issued reports on FOXA shares. Jefferies Group LLC reissued a “buy” rating and issued a $35.00 price objective on shares of Twenty-First Century Fox in a research report on Saturday, July 22nd. Credit Suisse Group reissued a “buy” rating on shares of Twenty-First Century Fox in a research report on Thursday, August 3rd. Cowen and Company reissued a “market perform” rating and issued a $32.00 price objective (down previously from $33.00) on shares of Twenty-First Century Fox in a research report on Thursday, August 10th. Royal Bank Of Canada reissued an “outperform” rating and issued a $35.00 price objective (up previously from $33.00) on shares of Twenty-First Century Fox in a research report on Thursday, August 10th. Finally, Piper Jaffray Companies started coverage on shares of Twenty-First Century Fox in a research report on Friday, August 11th. They issued an “overweight” rating and a $35.00 price objective for the company. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and seventeen have assigned a buy rating to the company’s stock. Twenty-First Century Fox currently has a consensus rating of “Buy” and a consensus target price of $33.65.

Twenty-First Century Fox, Inc. (NASDAQ:FOXA) traded up $0.59 during trading on Friday, hitting $29.32. 11,836,900 shares of the stock were exchanged, compared to its average volume of 8,639,295. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.73 and a current ratio of 2.08. Twenty-First Century Fox, Inc. has a one year low of $24.81 and a one year high of $32.60. The company has a market cap of $53,740.00, a P/E ratio of 14.96, a P/E/G ratio of 1.97 and a beta of 1.36.

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

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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.

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Institutional Ownership by Quarter for Twenty-First Century Fox (NASDAQ:FOXA)

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