BlackRock Inc. lowered its position in shares of Twenty-First Century Fox, Inc. (NASDAQ:FOX) by 1.4% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 26,109,066 shares of the company’s stock after selling 359,062 shares during the quarter. BlackRock Inc. owned 1.41% of Twenty-First Century Fox worth $727,658,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently bought and sold shares of the business. Vanguard Group Inc. lifted its position in shares of Twenty-First Century Fox by 5.6% during the 1st quarter. Vanguard Group Inc. now owns 29,473,799 shares of the company’s stock worth $936,677,000 after buying an additional 1,574,477 shares in the last quarter. Yacktman Asset Management LP raised its holdings in shares of Twenty-First Century Fox by 2.7% in the 2nd quarter. Yacktman Asset Management LP now owns 27,294,255 shares of the company’s stock worth $760,691,000 after purchasing an additional 709,760 shares during the period. State Street Corp raised its holdings in shares of Twenty-First Century Fox by 1.4% in the 1st quarter. State Street Corp now owns 19,268,852 shares of the company’s stock worth $612,358,000 after purchasing an additional 260,369 shares during the period. Morgan Stanley raised its holdings in shares of Twenty-First Century Fox by 4.5% in the 1st quarter. Morgan Stanley now owns 16,511,220 shares of the company’s stock worth $524,726,000 after purchasing an additional 716,433 shares during the period. Finally, Diamond Hill Capital Management Inc. raised its holdings in shares of Twenty-First Century Fox by 4.6% in the 2nd quarter. Diamond Hill Capital Management Inc. now owns 6,969,671 shares of the company’s stock worth $194,245,000 after purchasing an additional 304,462 shares during the period. 23.27% of the stock is currently owned by hedge funds and other institutional investors.

A number of research firms recently commented on FOX. BidaskClub raised shares of Twenty-First Century Fox from a “strong sell” rating to a “sell” rating in a report on Monday, July 31st. 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 report on Tuesday, June 13th. Finally, TheStreet raised shares of Twenty-First Century Fox from a “c+” rating to a “b-” rating in a report on Friday, August 4th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and two have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of $33.00.

In related news, Director David F. Devoe sold 30,149 shares of the firm’s stock in a transaction that occurred on Tuesday, August 15th. The shares were sold at an average price of $28.01, for a total value of $844,473.49. Following the sale, the director now owns 55,647 shares in the company, valued at $1,558,672.47. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO James R. Murdoch sold 111,713 shares of the firm’s stock in a transaction that occurred on Tuesday, August 15th. The stock was sold at an average price of $27.94, for a total transaction of $3,121,261.22. Following the completion of the sale, the chief executive officer now owns 234,236 shares in the company, valued at approximately $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 26.38 on Thursday. The company has a 50 day moving average of $26.92 and a 200-day moving average of $28.24. Twenty-First Century Fox, Inc. has a 12-month low of $24.09 and a 12-month high of $31.94. The company has a market cap of $48.83 billion, a PE ratio of 16.63 and a beta of 1.20.

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

The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 18th. Investors of record on Wednesday, September 13th will be issued a $0.18 dividend. This represents a $0.72 annualized dividend and a yield of 2.73%. The ex-dividend date is Tuesday, September 12th. Twenty-First Century Fox’s dividend payout ratio is currently 22.64%.

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Twenty-First Century Fox Company Profile

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.

Institutional Ownership by Quarter for Twenty-First Century Fox (NASDAQ:FOX)

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