Twenty-First Century Fox Inc. (NASDAQ:FOXA) shares were down 2.3% during mid-day trading on Wednesday . The stock traded as low as $26.96 and last traded at $27.10, with a volume of 11,338,702 shares. The stock had previously closed at $27.75.

Several research analysts have recently issued reports on FOXA shares. Royal Bank Of Canada started coverage on shares of Twenty-First Century Fox in a research note on Thursday, April 7th. They issued an “outperform” rating and a $35.00 target price on the stock. Vetr downgraded shares of Twenty-First Century Fox from a “strong-buy” rating to a “buy” rating and set a $32.66 target price on the stock. in a research note on Monday, April 18th. Telsey Advisory Group upped their target price on shares of Twenty-First Century Fox from $30.00 to $35.00 and gave the stock an “outperform” rating in a research note on Monday, April 18th. Moffett Nathanson upped their target price on shares of Twenty-First Century Fox to $33.00 in a research note on Tuesday, April 12th. Finally, Needham & Company LLC reiterated a “hold” rating on shares of Twenty-First Century Fox in a research note on Thursday, April 14th. One research analyst has rated the stock with a sell rating, ten have issued a hold rating and nineteen have issued a buy rating to the company. Twenty-First Century Fox has a consensus rating of “Buy” and an average target price of $32.39.

The company has a market capitalization of $51.14 billion and a P/E ratio of 23.68. The firm’s 50-day moving average is $28.21 and its 200-day moving average is $27.93.

Twenty-First Century Fox (NASDAQ:FOXA) last announced its quarterly earnings data on Wednesday, May 4th. The company reported $0.47 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.47. The firm earned $7.23 billion during the quarter, compared to analysts’ expectations of $7.19 billion. The company’s revenue for the quarter was up 5.7% compared to the same quarter last year. During the same period in the prior year, the company posted $0.42 EPS. Equities analysts predict that Twenty-First Century Fox Inc. will post $1.66 EPS for the current fiscal year.

Other hedge funds and institutional investors recently bought and sold shares of the company. KBC Group NV boosted its position in Twenty-First Century Fox by 11.3% in the fourth quarter. KBC Group NV now owns 847,523 shares of the company’s stock worth $23,019,000 after buying an additional 86,017 shares during the last quarter. TrimTabs Asset Management LLC boosted its position in Twenty-First Century Fox by 1.9% in the fourth quarter. TrimTabs Asset Management LLC now owns 74,867 shares of the company’s stock worth $2,033,000 after buying an additional 1,395 shares during the last quarter. Edgewood Management LLC boosted its position in Twenty-First Century Fox by 23.3% in the fourth quarter. Edgewood Management LLC now owns 15,213,984 shares of the company’s stock worth $413,212,000 after buying an additional 2,872,833 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in Twenty-First Century Fox by 2.3% in the fourth quarter. Dimensional Fund Advisors LP now owns 4,008,080 shares of the company’s stock worth $108,863,000 after buying an additional 88,414 shares during the last quarter. Finally, Veritable L.P. boosted its position in Twenty-First Century Fox by 2.6% in the fourth quarter. Veritable L.P. now owns 74,831 shares of the company’s stock worth $2,032,000 after buying an additional 1,897 shares during the last quarter.

Twenty-First Century Fox, Inc is a media and entertainment company. The Company operates through segments: Cable Network Programming, Television, Filmed Entertainment, and Other, Corporate and Eliminations. The Company produces and licenses news, business news, sports, general entertainment, factual entertainment and movie programming for distribution primarily through cable television systems, direct broadcast satellite operators, telecommunications companies and online video distributors in the United States and internationally.

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