Arizona State Retirement System boosted its stake in shares of Twenty-First Century Fox, Inc. (NASDAQ:FOXA) by 0.2% during the second quarter, Holdings Channel reports. The institutional investor owned 260,951 shares of the company’s stock after buying an additional 400 shares during the period. Arizona State Retirement System’s holdings in Twenty-First Century Fox were worth $7,395,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the stock. Advisory Services Network LLC purchased a new position in Twenty-First Century Fox during the first quarter valued at approximately $106,000. Grove Bank & Trust increased its position in Twenty-First Century Fox by 1,328.3% in the second quarter. Grove Bank & Trust now owns 3,785 shares of the company’s stock valued at $107,000 after buying an additional 3,520 shares in the last quarter. State of Alaska Department of Revenue increased its position in Twenty-First Century Fox by 4.8% in the second quarter. State of Alaska Department of Revenue now owns 4,365 shares of the company’s stock valued at $123,000 after buying an additional 200 shares in the last quarter. Whittier Trust Co. increased its position in Twenty-First Century Fox by 22.3% in the first quarter. Whittier Trust Co. now owns 3,821 shares of the company’s stock valued at $124,000 after buying an additional 697 shares in the last quarter. Finally, TrimTabs Asset Management LLC increased its position in Twenty-First Century Fox by 89.0% in the first quarter. TrimTabs Asset Management LLC now owns 4,384 shares of the company’s stock valued at $142,000 after buying an additional 2,064 shares in the last quarter. Hedge funds and other institutional investors own 53.96% of the company’s stock.

Shares of Twenty-First Century Fox, Inc. (NASDAQ FOXA) opened at 28.21 on Friday. 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 market cap of $52.30 billion, a PE ratio of 17.73 and a beta of 1.27. The firm has a 50-day moving average price of $28.17 and a 200-day moving average price of $29.35.

Twenty-First Century Fox (NASDAQ:FOXA) last released its quarterly earnings results on Wednesday, August 9th. The company reported $0.36 EPS for the quarter, beating analysts’ consensus estimates of $0.35 by $0.01. The business had revenue of $6.75 billion during the quarter, compared to analyst estimates of $6.79 billion. Twenty-First Century Fox had a return on equity of 22.46% and a net margin of 10.36%. Twenty-First Century Fox’s quarterly revenue was up 1.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.45 EPS. On average, equities research analysts predict that Twenty-First Century Fox, Inc. will post $2.03 earnings per share for the current year.

The firm also recently declared a semiannual dividend, which will be paid on Wednesday, October 18th. Shareholders of record on Wednesday, September 13th will be given a dividend of $0.18 per share. This represents a yield of 1.29%. The ex-dividend date of this dividend is Tuesday, September 12th. Twenty-First Century Fox’s payout ratio is 22.64%.

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FOXA has been the subject of several research reports. Rosenblatt Securities upgraded Twenty-First Century Fox from a “neutral” rating to a “buy” rating and set a $33.00 target price for the company in a research report on Thursday, May 11th. Pivotal Research reiterated a “buy” rating and issued a $37.00 target price (up from $36.00) on shares of Twenty-First Century Fox in a research report on Sunday, April 23rd. Guggenheim reiterated a “buy” rating and issued a $35.00 target price (up from $34.00) on shares of Twenty-First Century Fox in a research report on Friday, April 14th. ValuEngine upgraded Twenty-First Century Fox from a “hold” rating to a “buy” rating in a research report on Thursday, May 11th. Finally, Jefferies Group LLC reiterated a “buy” rating and issued a $35.00 target price on shares of Twenty-First Century Fox in a research report on Friday, May 12th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and nineteen have given a buy rating to the company. Twenty-First Century Fox currently has an average rating of “Buy” and an average target price of $33.23.

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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