BidaskClub upgraded shares of News (NASDAQ:NWS) from a hold rating to a buy rating in a research note issued to investors on Wednesday morning.

Separately, TheStreet upgraded News from a c+ rating to a b- rating in a research report on Wednesday, November 29th.

News (NWS) remained flat at $$16.55 during midday trading on Wednesday. 478,300 shares of the company traded hands, compared to its average volume of 503,597. The firm has a market cap of $9,642.38, a PE ratio of 37.61 and a beta of 1.95. News has a 1 year low of $11.75 and a 1 year high of $17.05. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 0.03.

In related news, CFO Kevin Halpin sold 2,468 shares of the stock in a transaction that occurred on Monday, December 4th. The stock was sold at an average price of $16.66, for a total value of $41,116.88. Following the completion of the sale, the chief financial officer now owns 10,000 shares of the company’s stock, valued at $166,600. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. In the last 90 days, insiders sold 24,855 shares of company stock worth $385,752. Company insiders own 39.40% of the company’s stock.

Several large investors have recently bought and sold shares of NWS. Teachers Advisors LLC increased its holdings in shares of News by 9.6% in the first quarter. Teachers Advisors LLC now owns 160,493 shares of the company’s stock valued at $2,167,000 after purchasing an additional 14,027 shares during the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of News by 12.1% in the first quarter. Dimensional Fund Advisors LP now owns 1,498,859 shares of the company’s stock valued at $20,236,000 after purchasing an additional 161,953 shares during the last quarter. Capstone Asset Management Co. increased its stake in News by 20.8% during the second quarter. Capstone Asset Management Co. now owns 16,550 shares of the company’s stock worth $234,000 after acquiring an additional 2,850 shares during the last quarter. Bank of Montreal Can increased its stake in News by 24.0% during the second quarter. Bank of Montreal Can now owns 20,114 shares of the company’s stock worth $284,000 after acquiring an additional 3,888 shares during the last quarter. Finally, LS Investment Advisors LLC increased its stake in News by 15.3% during the second quarter. LS Investment Advisors LLC now owns 7,601 shares of the company’s stock worth $108,000 after acquiring an additional 1,010 shares during the last quarter. 9.51% of the stock is owned by hedge funds and other institutional investors.

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About News

News Corporation is a diversified media and information services company. The Company operates in five segments: News and Information Services, Cable Network Programming, Digital Real Estate Services, Book Publishing, and Other. The Company’s business consists of range of media, including news and information services, sports programming in Australia, digital real estate services, book publishing, and pay-television (TV) distribution in Australia, that are distributed under the brands, including The Wall Street Journal, Dow Jones, Herald Sun, The Sun, The Times, HarperCollins Publishers, FOX SPORTS Australia and realestate.com.au.

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