ValuEngine downgraded shares of Twenty-First Century Fox Inc Class A (NASDAQ:FOXA) from a strong-buy rating to a buy rating in a research report released on Tuesday.

A number of other brokerages have also issued reports on FOXA. Buckingham Research cut their price target on shares of Twenty-First Century Fox Inc Class A to $52.00 and set a buy rating on the stock in a research note on Tuesday, August 7th. Cowen reiterated a hold rating and set a $49.00 price target on shares of Twenty-First Century Fox Inc Class A in a research note on Sunday, August 12th. Loop Capital boosted their price target on shares of Twenty-First Century Fox Inc Class A to $47.00 and gave the stock a buy rating in a research note on Thursday, June 14th. Pivotal Research reiterated a hold rating and set a $42.00 price target (up from $35.00) on shares of Twenty-First Century Fox Inc Class A in a research note on Wednesday, June 13th. Finally, UBS Group lowered shares of Twenty-First Century Fox Inc Class A from a buy rating to a neutral rating and set a $39.00 price target on the stock. in a research note on Friday, July 20th. Nine analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. Twenty-First Century Fox Inc Class A currently has a consensus rating of Buy and a consensus price target of $44.00.

Shares of FOXA opened at $45.31 on Tuesday. The stock has a market capitalization of $83.68 billion, a P/E ratio of 23.00, a P/E/G ratio of 2.33 and a beta of 1.26. Twenty-First Century Fox Inc Class A has a 12-month low of $24.81 and a 12-month high of $50.15. The company has a debt-to-equity ratio of 0.89, a quick ratio of 1.90 and a current ratio of 2.35.

Twenty-First Century Fox Inc Class A (NASDAQ:FOXA) last issued its quarterly earnings data on Wednesday, August 8th. The company reported $0.57 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.54 by $0.03. The firm had revenue of $7.94 billion for the quarter, compared to analyst estimates of $7.52 billion. Twenty-First Century Fox Inc Class A had a net margin of 14.68% and a return on equity of 18.71%. Twenty-First Century Fox Inc Class A’s revenue was up 17.7% on a year-over-year basis. During the same period in the previous year, the firm earned $0.36 EPS. analysts expect that Twenty-First Century Fox Inc Class A will post 2.04 earnings per share for the current year.

The business also recently disclosed a Semi-Annual dividend, which will be paid on Wednesday, October 17th. Stockholders of record on Wednesday, September 12th will be given a dividend of $0.18 per share. This represents a dividend yield of 0.79%. The ex-dividend date is Tuesday, September 11th. Twenty-First Century Fox Inc Class A’s dividend payout ratio is presently 18.27%.

Several institutional investors have recently made changes to their positions in the company. World Asset Management Inc grew its position in shares of Twenty-First Century Fox Inc Class A by 1.6% during the second quarter. World Asset Management Inc now owns 68,138 shares of the company’s stock worth $3,386,000 after buying an additional 1,101 shares in the last quarter. Whittier Trust Co. of Nevada Inc. grew its position in shares of Twenty-First Century Fox Inc Class A by 22.4% during the second quarter. Whittier Trust Co. of Nevada Inc. now owns 6,623 shares of the company’s stock worth $233,000 after buying an additional 1,214 shares in the last quarter. ACG Wealth grew its position in shares of Twenty-First Century Fox Inc Class A by 13.7% during the second quarter. ACG Wealth now owns 10,338 shares of the company’s stock worth $514,000 after buying an additional 1,243 shares in the last quarter. Kaizen Advisory LLC grew its position in shares of Twenty-First Century Fox Inc Class A by 121.8% during the second quarter. Kaizen Advisory LLC now owns 2,278 shares of the company’s stock worth $113,000 after buying an additional 1,251 shares in the last quarter. Finally, Sumitomo Mitsui Asset Management Company LTD grew its position in shares of Twenty-First Century Fox Inc Class A by 1.8% during the second quarter. Sumitomo Mitsui Asset Management Company LTD now owns 75,136 shares of the company’s stock worth $3,733,000 after buying an additional 1,314 shares in the last quarter. 54.09% of the stock is owned by institutional investors and hedge funds.

About Twenty-First Century Fox Inc Class A

Twenty-First Century Fox, Inc, together with its subsidiaries, operates as a diversified media and entertainment company primarily in the United States, the United Kingdom, Continental Europe, Asia, and Latin America. It operates through Cable Network Programming, Television, and Filmed Entertainment segments.

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Analyst Recommendations for Twenty-First Century Fox Inc Class A (NASDAQ:FOXA)

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