Marshall Wace North America L.P. acquired a new stake in shares of News Corporation (NASDAQ:NWS) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 11,458 shares of the company’s stock, valued at approximately $160,000.

Several other institutional investors have also recently modified their holdings of the company. Gamco Investors INC. ET AL grew its position in shares of News Corporation by 9.4% during the second quarter. Gamco Investors INC. ET AL now owns 794,554 shares of the company’s stock valued at $11,243,000 after purchasing an additional 68,540 shares in the last quarter. SG Americas Securities LLC grew its position in shares of News Corporation by 117.9% during the second quarter. SG Americas Securities LLC now owns 115,344 shares of the company’s stock valued at $1,632,000 after purchasing an additional 62,401 shares in the last quarter. Advisors Asset Management Inc. grew its position in shares of News Corporation by 3.9% during the second quarter. Advisors Asset Management Inc. now owns 11,210 shares of the company’s stock valued at $159,000 after purchasing an additional 425 shares in the last quarter. Rhumbline Advisers grew its position in shares of News Corporation by 9.0% during the second quarter. Rhumbline Advisers now owns 188,779 shares of the company’s stock valued at $2,671,000 after purchasing an additional 15,513 shares in the last quarter. Finally, Schwab Charles Investment Management Inc. grew its position in shares of News Corporation by 8.5% during the second quarter. Schwab Charles Investment Management Inc. now owns 572,675 shares of the company’s stock valued at $8,104,000 after purchasing an additional 44,881 shares in the last quarter. Hedge funds and other institutional investors own 9.38% of the company’s stock.

A number of research analysts have recently weighed in on NWS shares. BidaskClub upgraded News Corporation from a “hold” rating to a “buy” rating in a research report on Wednesday, July 19th. Citigroup Inc. raised shares of News Corporation from a “neutral” rating to a “buy” rating in a report on Wednesday, July 26th. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and one has issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold”.

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News Corporation (NASDAQ NWS) opened at 13.45 on Friday. The company has a 50 day moving average of $13.92 and a 200-day moving average of $13.59. The company’s market cap is $7.83 billion. News Corporation has a one year low of $11.25 and a one year high of $15.22.

News Corporation (NASDAQ:NWS) last announced its quarterly earnings data on Thursday, August 10th. The company reported $0.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.06 by $0.05. News Corporation had a negative net margin of 9.07% and a positive return on equity of 1.83%. The company had revenue of $2.08 billion during the quarter. On average, equities analysts expect that News Corporation will post $1.39 earnings per share for the current fiscal year.

The firm also recently disclosed a semiannual dividend, which will be paid on Wednesday, October 18th. Investors of record on Wednesday, September 13th will be paid a dividend of $0.10 per share. The ex-dividend date of this dividend is Tuesday, September 12th. This represents a yield of 1.45%. News Corporation’s dividend payout ratio is presently -15.63%.

News Corporation Company Profile

News Corporation is a diversified media and information services company. The Company operates in five segments: News and Information Services, Cable Network Programming, Digital Real Estate Services, Book Publishing, and Other. The Company’s business consists of range of media, including news and information services, sports programming in Australia, digital real estate services, book publishing, and pay-television (TV) distribution in Australia, that are distributed under the brands, including The Wall Street Journal, Dow Jones, Herald Sun, The Sun, The Times, HarperCollins Publishers, FOX SPORTS Australia and realestate.com.au.

Institutional Ownership by Quarter for News Corporation (NASDAQ:NWS)

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