IBIS Capital Partners LLP decreased its holdings in Twenty-First Century Fox, Inc. (NASDAQ:FOXA) by 27.5% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 292,120 shares of the company’s stock after selling 111,077 shares during the period. Twenty-First Century Fox comprises approximately 7.4% of IBIS Capital Partners LLP’s investment portfolio, making the stock its 7th biggest holding. IBIS Capital Partners LLP’s holdings in Twenty-First Century Fox were worth $7,706,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of FOXA. Mint Tower Capital Management B.V. bought a new position in Twenty-First Century Fox in the third quarter worth approximately $110,000. Rockefeller Financial Services Inc. bought a new position in Twenty-First Century Fox in the third quarter worth approximately $113,000. State of Alaska Department of Revenue raised its stake in Twenty-First Century Fox by 4.8% in the second quarter. State of Alaska Department of Revenue now owns 4,365 shares of the company’s stock worth $123,000 after buying an additional 200 shares in the last quarter. Global X Management Co. LLC raised its stake in Twenty-First Century Fox by 9.7% in the second quarter. Global X Management Co. LLC now owns 5,108 shares of the company’s stock worth $145,000 after buying an additional 451 shares in the last quarter. Finally, Tiedemann Wealth Management LLC bought a new position in Twenty-First Century Fox in the third quarter worth approximately $148,000. 54.50% of the stock is owned by institutional investors.

A number of brokerages recently commented on FOXA. B. Riley reissued a “neutral” rating on shares of Twenty-First Century Fox in a research note on Wednesday, November 1st. Cowen reaffirmed a “market perform” rating and set a $32.00 price target (down from $33.00) on shares of Twenty-First Century Fox in a research report on Thursday, August 10th. Jefferies Group reaffirmed a “buy” rating and set a $35.00 price target on shares of Twenty-First Century Fox in a research report on Tuesday, September 26th. KeyCorp reaffirmed a “buy” rating and set a $35.00 price target on shares of Twenty-First Century Fox in a research report on Sunday, September 10th. Finally, Piper Jaffray Companies initiated coverage on Twenty-First Century Fox in a research report on Friday, August 11th. They set an “overweight” rating and a $35.00 price target on the stock. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and seventeen have assigned a buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of $33.95.

Shares of Twenty-First Century Fox, Inc. (NASDAQ:FOXA) opened at $32.99 on Wednesday. The firm has a market cap of $61,300.15, a price-to-earnings ratio of 17.23, a PEG ratio of 2.27 and a beta of 1.34. 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, Inc. has a 1-year low of $24.81 and a 1-year high of $34.48.

Twenty-First Century Fox (NASDAQ:FOXA) last announced its quarterly earnings data on Wednesday, November 8th. The company reported $0.49 earnings per share for the quarter, beating 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 net margin of 10.30% and a return on equity of 21.41%. The business’s quarterly 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. analysts predict that Twenty-First Century Fox, Inc. will post 1.98 EPS for the current fiscal 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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