Principal Financial Group Inc. decreased its stake in shares of Twenty-First Century Fox, Inc. (NASDAQ:FOX) by 1.2% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 710,707 shares of the company’s stock after selling 8,803 shares during the period. Principal Financial Group Inc.’s holdings in Twenty-First Century Fox were worth $19,807,000 as of its most recent filing with the SEC.

Other hedge funds also recently modified their holdings of the company. Mitsubishi UFJ Trust & Banking Corp lifted its position in shares of Twenty-First Century Fox by 3.0% during the first quarter. Mitsubishi UFJ Trust & Banking Corp now owns 896,584 shares of the company’s stock worth $28,493,000 after purchasing an additional 25,866 shares during the last quarter. Stifel Financial Corp lifted its position in shares of Twenty-First Century Fox by 0.8% during the first quarter. Stifel Financial Corp now owns 40,876 shares of the company’s stock worth $1,295,000 after purchasing an additional 344 shares during the last quarter. Knights of Columbus Asset Advisors LLC lifted its position in shares of Twenty-First Century Fox by 8.5% during the second quarter. Knights of Columbus Asset Advisors LLC now owns 84,800 shares of the company’s stock worth $2,363,000 after purchasing an additional 6,650 shares during the last quarter. NINE MASTS CAPITAL Ltd lifted its position in shares of Twenty-First Century Fox by 27.8% during the first quarter. NINE MASTS CAPITAL Ltd now owns 1,402,254 shares of the company’s stock worth $44,564,000 after purchasing an additional 304,666 shares during the last quarter. Finally, ING Groep NV lifted its position in shares of Twenty-First Century Fox by 0.5% during the second quarter. ING Groep NV now owns 150,578 shares of the company’s stock worth $4,197,000 after purchasing an additional 750 shares during the last quarter. 23.27% of the stock is currently owned by institutional investors and hedge funds.

In other news, Director David F. Devoe sold 30,149 shares of Twenty-First Century Fox stock in a transaction dated Tuesday, August 15th. The shares were sold at an average price of $28.01, for a total transaction of $844,473.49. Following the sale, the director now directly owns 55,647 shares in the company, valued at approximately $1,558,672.47. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO James R. Murdoch sold 111,713 shares of Twenty-First Century Fox stock in a transaction dated Tuesday, August 15th. The shares were sold at an average price of $27.94, for a total transaction of $3,121,261.22. Following the sale, the chief executive officer now owns 234,236 shares in the company, valued at $6,544,553.84. The disclosure for this sale can be found here. Company insiders own 39.40% of the company’s stock.

Shares of Twenty-First Century Fox, Inc. (FOX) opened at 26.15 on Thursday. The company’s 50-day moving average is $27.25 and its 200 day moving average is $28.37. The firm has a market cap of $48.41 billion, a price-to-earnings ratio of 16.49 and a beta of 1.20. Twenty-First Century Fox, Inc. has a 1-year low of $23.88 and a 1-year high of $31.94.

Twenty-First Century Fox (NASDAQ:FOX) last posted its quarterly earnings results on Wednesday, August 9th. The company reported $0.36 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.37 by ($0.01). The company had revenue of $6.75 billion during the quarter. Twenty-First Century Fox had a return on equity of 22.47% and a net margin of 10.36%. During the same quarter last year, the company earned $0.45 EPS. On average, equities research analysts expect that Twenty-First Century Fox, Inc. will post $2.07 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 18th. Shareholders of record on Wednesday, September 13th will be given a $0.18 dividend. The ex-dividend date of this dividend is Tuesday, September 12th. This represents a $0.72 annualized dividend and a yield of 2.75%. Twenty-First Century Fox’s dividend payout ratio is 22.64%.

Several equities analysts have recently commented on the stock. BidaskClub cut shares of Twenty-First Century Fox from a “sell” rating to a “strong sell” rating in a research report on Thursday, August 10th. TheStreet raised shares of Twenty-First Century Fox from a “c+” rating to a “b-” rating in a research report on Friday, August 4th. Finally, Zacks Investment Research raised shares of Twenty-First Century Fox from a “sell” rating to a “buy” rating and set a $31.00 price target on the stock in a research report on Tuesday, June 13th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and two have assigned a buy rating to the company’s stock. Twenty-First Century Fox presently has a consensus rating of “Hold” and a consensus price target of $33.00.

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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:FOX)

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