Brown Advisory Inc. raised its position in shares of Twenty-First Century Fox Inc. (NASDAQ:FOXA) by 8.9% during the second quarter, Holdings Channel reports. The fund owned 91,438 shares of the company’s stock after buying an additional 7,477 shares during the period. Brown Advisory Inc.’s holdings in Twenty-First Century Fox were worth $2,474,000 as of its most recent filing with the SEC.

A number of other large investors have also modified their holdings of the stock. Raymond James Trust N.A. boosted its stake in shares of Twenty-First Century Fox by 6.2% in the first quarter. Raymond James Trust N.A. now owns 9,032 shares of the company’s stock worth $252,000 after buying an additional 524 shares during the last quarter. Aperio Group LLC boosted its stake in shares of Twenty-First Century Fox by 15.7% in the first quarter. Aperio Group LLC now owns 688,853 shares of the company’s stock worth $19,205,000 after buying an additional 93,329 shares during the last quarter. Virginia Retirement System acquired a new stake in shares of Twenty-First Century Fox during the first quarter worth approximately $3,080,000. IFP Advisors Inc boosted its stake in shares of Twenty-First Century Fox by 14.7% in the first quarter. IFP Advisors Inc now owns 10,536 shares of the company’s stock worth $294,000 after buying an additional 1,354 shares during the last quarter. Finally, Icon Advisers Inc. Co. boosted its stake in shares of Twenty-First Century Fox by 84.0% in the first quarter. Icon Advisers Inc. Co. now owns 151,100 shares of the company’s stock worth $4,213,000 after buying an additional 69,000 shares during the last quarter. 53.31% of the stock is currently owned by hedge funds and other institutional investors.

Twenty-First Century Fox Inc. (NASDAQ:FOXA) traded down 0.04% during mid-day trading on Friday, hitting $24.29. 1,437,045 shares of the stock were exchanged. The company has a 50-day moving average price of $24.75 and a 200-day moving average price of $27.56. The company has a market cap of $45.24 billion, a P/E ratio of 17.15 and a beta of 1.33. Twenty-First Century Fox Inc. has a one year low of $22.66 and a one year high of $31.40.

Twenty-First Century Fox (NASDAQ:FOXA) last announced its quarterly earnings results on Wednesday, August 3rd. The company reported $0.45 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.37 by $0.08. The business earned $6.65 billion during the quarter, compared to analysts’ expectations of $6.68 billion. Twenty-First Century Fox had a return on equity of 21.63% and a net margin of 10.08%. The firm’s quarterly revenue was up 7.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.39 EPS. On average, analysts predict that Twenty-First Century Fox Inc. will post $1.92 earnings per share for the current fiscal year.

The company also recently declared a dividend, which will be paid on Wednesday, October 19th. Investors of record on Wednesday, September 14th will be paid a $0.18 dividend. This is a boost from Twenty-First Century Fox’s previous dividend of $0.15. The ex-dividend date of this dividend is Monday, September 12th. Twenty-First Century Fox’s payout ratio is presently 25.35%.

A number of equities research analysts recently commented on FOXA shares. Morgan Stanley reissued an “overweight” rating on shares of Twenty-First Century Fox in a research note on Friday, May 27th. TheStreet cut shares of Twenty-First Century Fox from a “buy” rating to a “hold” rating in a research note on Thursday, May 26th. Credit Suisse Group AG raised their price target on shares of Twenty-First Century Fox from $34.00 to $38.00 and gave the stock an “outperform” rating in a research note on Wednesday, June 1st. Sanford C. Bernstein reaffirmed a “buy” rating on shares of Twenty-First Century Fox in a research note on Tuesday, June 7th. Finally, Zacks Investment Research cut shares of Twenty-First Century Fox from a “hold” rating to a “sell” rating in a research note on Tuesday, June 14th. One analyst has rated the stock with a sell rating, ten have issued a hold rating and eighteen have given a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus target price of $31.61.

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.

5 Day Chart for NASDAQ:FOXA

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