New Mexico Educational Retirement Board lowered its stake in Twenty-First Century Fox, Inc. (NASDAQ:FOXA) by 8.3% during the second quarter, Holdings Channel reports. The fund owned 97,806 shares of the company’s stock after selling 8,900 shares during the period. New Mexico Educational Retirement Board’s holdings in Twenty-First Century Fox were worth $2,846,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Fulton Bank N.A. bought a new position in Twenty-First Century Fox during the first quarter valued at about $202,000. Raymond James Trust N.A. increased its position in Twenty-First Century Fox by 58.5% in the first quarter. Raymond James Trust N.A. now owns 16,465 shares of the company’s stock valued at $533,000 after buying an additional 6,080 shares during the last quarter. Highland Capital Management LLC increased its position in Twenty-First Century Fox by 13.1% in the first quarter. Highland Capital Management LLC now owns 95,775 shares of the company’s stock valued at $3,102,000 after buying an additional 11,080 shares during the last quarter. Bank of Montreal Can increased its position in Twenty-First Century Fox by 2.8% in the first quarter. Bank of Montreal Can now owns 834,267 shares of the company’s stock valued at $27,021,000 after buying an additional 22,822 shares during the last quarter. Finally, Capital Asset Advisory Services LLC increased its position in Twenty-First Century Fox by 6.4% in the first quarter. Capital Asset Advisory Services LLC now owns 27,265 shares of the company’s stock valued at $883,000 after buying an additional 1,629 shares during the last quarter. Institutional investors own 53.96% of the company’s stock.

Twenty-First Century Fox, Inc. (NASDAQ:FOXA) opened at 27.90 on Thursday. Twenty-First Century Fox, Inc. has a 52-week low of $23.33 and a 52-week high of $32.60. The firm has a 50-day moving average of $28.11 and a 200-day moving average of $29.38. The firm has a market capitalization of $51.64 billion, a price-to-earnings ratio of 17.16 and a beta of 1.27.

Twenty-First Century Fox (NASDAQ:FOXA) last released its earnings results on Wednesday, August 9th. The company reported $0.36 EPS for the quarter, beating the consensus estimate of $0.35 by $0.01. Twenty-First Century Fox had a net margin of 10.72% and a return on equity of 24.40%. The firm had revenue of $6.75 billion for the quarter, compared to analyst estimates of $6.79 billion. During the same period last year, the firm earned $0.45 EPS. The business’s quarterly revenue was up 1.5% compared to the same quarter last year. On average, equities research analysts forecast that Twenty-First Century Fox, Inc. will post $1.93 EPS for the current fiscal year.

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FOXA has been the topic of several research reports. Guggenheim restated a “buy” rating and set a $35.00 price objective (up previously from $34.00) on shares of Twenty-First Century Fox in a report on Friday, April 14th. Pivotal Research reiterated a “buy” rating and set a $37.00 target price (up from $36.00) on shares of Twenty-First Century Fox in a research report on Sunday, April 23rd. Rosenblatt Securities upgraded shares of Twenty-First Century Fox from a “neutral” rating to a “buy” rating and set a $33.00 target price on the stock in a research report on Thursday, May 11th. FBR & Co decreased their target price on shares of Twenty-First Century Fox from $34.00 to $31.00 and set a “mkt perform” rating on the stock in a research report on Thursday, May 11th. Finally, ValuEngine upgraded shares of Twenty-First Century Fox from a “hold” rating to a “buy” rating in a research report on Thursday, May 11th. One analyst has rated the stock with a sell rating, five have given a hold rating and eighteen have given a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus target price of $33.10.

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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