Zacks Investment Research upgraded shares of Twenty-First Century Fox Inc. (NASDAQ:FOX) from a sell rating to a hold rating in a research report report published on Monday morning.

According to Zacks, “Twenty-First Century Fox, Inc. is involved in creating and distributing media services. Its business portfolio consists of cable, broadcast, film, pay TV and satellite assets. Twenty-First Century Fox, Inc., formerly known as News Corporation, is based in New York, United States. “

Several other research analysts also recently weighed in on the company. Argus restated a hold rating on shares of Twenty-First Century Fox in a research note on Wednesday, August 17th. Pivotal Research restated a buy rating and issued a $34.00 price target (down from $36.00) on shares of Twenty-First Century Fox in a research note on Thursday, August 4th. Wedbush restated an outperform rating and issued a $33.00 price target (down from $34.00) on shares of Twenty-First Century Fox in a research note on Thursday, August 4th. Credit Suisse Group AG restated an outperform rating and issued a $33.00 price target (down from $38.00) on shares of Twenty-First Century Fox in a research note on Saturday, August 6th. Finally, Brean Capital assumed coverage on Twenty-First Century Fox in a research note on Thursday, July 7th. They issued a hold rating for the company. Nine research analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company. The company presently has an average rating of Buy and an average price target of $32.30.

Twenty-First Century Fox (NASDAQ:FOX) opened at 24.30 on Monday. Twenty-First Century Fox has a one year low of $22.65 and a one year high of $31.58. The company has a market cap of $45.26 billion, a PE ratio of 17.16 and a beta of 1.30. The stock has a 50 day moving average of $25.31 and a 200 day moving average of $27.85.

The firm also recently disclosed a dividend, which will be paid on Wednesday, October 19th. Shareholders of record on Wednesday, September 14th will be given a $0.18 dividend. The ex-dividend date is Monday, September 12th. Twenty-First Century Fox’s dividend payout ratio (DPR) is presently 25.35%.

In other Twenty-First Century Fox news, insider Jeffrey W. Ubben acquired 3,000,000 shares of the business’s stock in a transaction on Thursday, August 18th. The shares were bought at an average price of $26.06 per share, with a total value of $78,180,000.00. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 39.40% of the stock is owned by company insiders.

Several institutional investors have recently bought and sold shares of FOX. Kentucky Retirement Systems Insurance Trust Fund purchased a new position in Twenty-First Century Fox during the second quarter worth about $474,000. Kentucky Retirement Systems purchased a new position in Twenty-First Century Fox during the second quarter worth about $999,000. Mason Street Advisors LLC purchased a new position in Twenty-First Century Fox during the second quarter worth about $1,583,000. Royal Bank of Canada increased its position in Twenty-First Century Fox by 12.4% in the second quarter. Royal Bank of Canada now owns 197,443 shares of the company’s stock worth $5,380,000 after buying an additional 21,721 shares during the last quarter. Finally, Public Employees Retirement System of Ohio increased its position in Twenty-First Century Fox by 1.1% in the second quarter. Public Employees Retirement System of Ohio now owns 333,588 shares of the company’s stock worth $9,090,000 after buying an additional 3,538 shares during the last quarter. 21.65% of the stock is currently owned by institutional investors and hedge funds.

Twenty-First Century Fox Company Profile

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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