Clark Estates Inc. NY lowered its holdings in shares of Twenty-First Century Fox Inc (NASDAQ:FOXA) by 60.0% during the 4th quarter, HoldingsChannel reports. The fund owned 462,700 shares of the company’s stock after selling 695,000 shares during the period. Twenty-First Century Fox makes up approximately 2.6% of Clark Estates Inc. NY’s portfolio, making the stock its 11th largest holding. Clark Estates Inc. NY’s holdings in Twenty-First Century Fox were worth $15,977,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also made changes to their positions in FOXA. Mint Tower Capital Management B.V. bought a new stake in Twenty-First Century Fox during the 3rd quarter valued at $110,000. Rockefeller Financial Services Inc. bought a new stake in Twenty-First Century Fox during the 3rd quarter valued at $113,000. Zions Bancorporation raised its stake in Twenty-First Century Fox by 86.4% during the 3rd quarter. Zions Bancorporation now owns 4,911 shares of the company’s stock valued at $130,000 after acquiring an additional 2,276 shares in the last quarter. Tiedemann Wealth Management LLC bought a new stake in Twenty-First Century Fox during the 3rd quarter valued at $148,000. Finally, Stelac Advisory Services LLC bought a new stake in Twenty-First Century Fox during the 3rd quarter valued at $150,000. 54.44% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Twenty-First Century Fox Inc (NASDAQ:FOXA) traded up $0.47 during midday trading on Friday, hitting $36.65. The company had a trading volume of 18,037,112 shares, compared to its average volume of 10,632,500. The company has a quick ratio of 1.73, a current ratio of 2.08 and a debt-to-equity ratio of 1.09. The firm has a market cap of $68,747.31, a PE ratio of 22.76, a price-to-earnings-growth ratio of 2.10 and a beta of 1.34. Twenty-First Century Fox Inc has a twelve month low of $24.81 and a twelve month high of $37.13.

Twenty-First Century Fox (NASDAQ:FOXA) last issued its 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. The business had revenue of $7 billion for the quarter, compared to analysts’ expectations of $6.80 billion. Twenty-First Century Fox had a return on equity of 21.41% and a net margin of 10.30%. The company’s quarterly revenue was up 7.6% on a year-over-year basis. During the same period in the previous year, the firm posted $0.51 EPS. sell-side analysts expect that Twenty-First Century Fox Inc will post 2 EPS for the current year.

FOXA has been the topic of several recent analyst reports. B. Riley lifted their target price on Twenty-First Century Fox from $29.00 to $36.00 and gave the company a “neutral” rating in a research note on Friday, November 17th. BMO Capital Markets downgraded Twenty-First Century Fox from an “outperform” rating to a “market perform” rating and set a $35.00 target price on the stock. in a research note on Monday, December 18th. Cowen reaffirmed a “hold” rating and set a $37.00 target price on shares of Twenty-First Century Fox in a research note on Friday, December 22nd. Rosenblatt Securities reissued a “buy” rating and issued a $40.00 price objective on shares of Twenty-First Century Fox in a research note on Monday, December 4th. Finally, Royal Bank of Canada reissued an “outperform” rating and issued a $34.00 price objective (down previously from $35.00) on shares of Twenty-First Century Fox in a research note on Thursday, November 9th. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating and fourteen have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $36.36.

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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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