Cadence Capital Management LLC bought a new stake in Twenty-First Century Fox, Inc. (NASDAQ:FOXA) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 38,408 shares of the company’s stock, valued at approximately $1,013,000.

Several other large investors have also recently added to or reduced their stakes in the stock. Capital Research Global Investors boosted its position in Twenty-First Century Fox by 20.2% during the second quarter. Capital Research Global Investors now owns 85,581,646 shares of the company’s stock worth $2,425,384,000 after purchasing an additional 14,398,422 shares during the period. Northern Trust Corp boosted its position in Twenty-First Century Fox by 17.4% during the second quarter. Northern Trust Corp now owns 17,652,970 shares of the company’s stock worth $500,285,000 after purchasing an additional 2,621,748 shares during the period. Boston Partners boosted its position in Twenty-First Century Fox by 19.4% during the second quarter. Boston Partners now owns 15,926,008 shares of the company’s stock worth $451,343,000 after purchasing an additional 2,592,039 shares during the period. JPMorgan Chase & Co. boosted its position in Twenty-First Century Fox by 8.7% during the second quarter. JPMorgan Chase & Co. now owns 26,630,790 shares of the company’s stock worth $754,718,000 after purchasing an additional 2,140,568 shares during the period. Finally, Independent Franchise Partners LLP boosted its position in Twenty-First Century Fox by 7.7% during the third quarter. Independent Franchise Partners LLP now owns 28,394,638 shares of the company’s stock worth $749,050,000 after purchasing an additional 2,039,154 shares during the period. 54.50% of the stock is owned by institutional investors and hedge funds.

FOXA has been the subject of a number of research analyst reports. Piper Jaffray Companies set a $35.00 price objective on shares of Twenty-First Century Fox and gave the stock a “buy” rating in a research report on Wednesday, November 1st. Guggenheim reaffirmed a “buy” rating and set a $35.00 price objective on shares of Twenty-First Century Fox in a research report on Tuesday, October 10th. Jefferies Group reaffirmed a “buy” rating and set a $35.00 price objective on shares of Twenty-First Century Fox in a research report on Tuesday, September 26th. KeyCorp reaffirmed a “buy” rating and set a $35.00 price objective on shares of Twenty-First Century Fox in a research report on Sunday, September 10th. Finally, BMO Capital Markets reaffirmed a “buy” rating and set a $35.00 price objective on shares of Twenty-First Century Fox in a research report on Wednesday, November 22nd. One research analyst has rated the stock with a sell rating, six have issued a hold rating and seventeen have issued a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $33.60.

Shares of Twenty-First Century Fox, Inc. (FOXA) opened at $32.19 on Monday. The stock has a market cap of $59,632.87, a PE ratio of 16.77, a PEG ratio of 2.21 and a beta of 1.34. Twenty-First Century Fox, Inc. has a 52-week low of $24.81 and a 52-week high of $32.60. The company has a debt-to-equity ratio of 1.09, a current ratio of 2.08 and a quick ratio of 1.73.

Twenty-First Century Fox (NASDAQ:FOXA) last announced its earnings results on Wednesday, November 8th. The company reported $0.49 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.48 by $0.01. The company had revenue of $7 billion during the quarter, compared to analysts’ expectations of $6.80 billion. Twenty-First Century Fox had a net margin of 10.30% and a return on equity of 21.41%. Twenty-First Century Fox’s quarterly revenue was up 7.6% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.51 earnings per share. sell-side analysts forecast that Twenty-First Century Fox, Inc. will post 1.98 EPS for the current year.

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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.

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

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