Twenty-First Century Fox Inc (NASDAQ:FOXA) – Jefferies Group decreased their Q3 2018 EPS estimates for shares of Twenty-First Century Fox in a research note issued to investors on Wednesday. Jefferies Group analyst J. Janedis now expects that the company will post earnings per share of $0.52 for the quarter, down from their previous estimate of $0.56. Jefferies Group currently has a “Buy” rating and a $43.00 price target on the stock. Jefferies Group also issued estimates for Twenty-First Century Fox’s Q3 2019 earnings at $0.54 EPS, FY2019 earnings at $2.21 EPS, Q1 2020 earnings at $0.67 EPS and FY2020 earnings at $2.59 EPS.

Several other equities research analysts have also recently issued reports on the stock. BMO Capital Markets lifted their price objective on shares of Twenty-First Century Fox from $35.00 to $37.00 and gave the company a “market perform” rating in a research report on Monday. ValuEngine upgraded shares of Twenty-First Century Fox from a “hold” rating to a “buy” rating in a research report on Friday. Piper Jaffray Companies reiterated a “buy” rating and set a $44.00 price objective on shares of Twenty-First Century Fox in a research report on Friday, January 26th. Atlantic Securities upgraded shares of Twenty-First Century Fox from a “neutral” rating to an “overweight” rating in a research report on Monday, January 22nd. Finally, B. Riley upgraded shares of Twenty-First Century Fox from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $38.00 to $46.00 in a research report on Tuesday, January 16th. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating and thirteen have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average target price of $37.73.

Twenty-First Century Fox (NASDAQ:FOXA) traded up $0.67 during trading on Monday, hitting $36.40. 12,469,400 shares of the stock traded hands, compared to its average volume of 10,449,214. The company has a market capitalization of $66,190.82, a PE ratio of 17.01, a P/E/G ratio of 1.85 and a beta of 1.32. The company has a debt-to-equity ratio of 0.98, a quick ratio of 1.77 and a current ratio of 2.16. Twenty-First Century Fox has a 52-week low of $24.81 and a 52-week high of $39.13.

Twenty-First Century Fox (NASDAQ:FOXA) last released its quarterly earnings data on Wednesday, February 7th. The company reported $0.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.38 by $0.04. The firm had revenue of $8.04 billion for the quarter, compared to analysts’ expectations of $7.94 billion. Twenty-First Century Fox had a net margin of 13.49% and a return on equity of 19.01%. The company’s revenue for the quarter was up 4.6% compared to the same quarter last year. During the same quarter last year, the business posted $0.53 earnings per share.

Institutional investors and hedge funds have recently made changes to their positions in the stock. Verition Fund Management LLC bought a new stake in Twenty-First Century Fox in the second quarter worth $365,000. Candriam Luxembourg S.C.A. increased its position in Twenty-First Century Fox by 76.8% in the third quarter. Candriam Luxembourg S.C.A. now owns 261,190 shares of the company’s stock worth $6,890,000 after purchasing an additional 113,484 shares during the last quarter. Fort L.P. increased its position in Twenty-First Century Fox by 831.1% in the third quarter. Fort L.P. now owns 274,233 shares of the company’s stock worth $7,234,000 after purchasing an additional 244,781 shares during the last quarter. KBC Group NV increased its position in Twenty-First Century Fox by 0.6% in the third quarter. KBC Group NV now owns 930,207 shares of the company’s stock worth $24,538,000 after purchasing an additional 5,364 shares during the last quarter. Finally, Prudential Financial Inc. increased its position in Twenty-First Century Fox by 37.7% in the third quarter. Prudential Financial Inc. now owns 2,365,808 shares of the company’s stock worth $62,410,000 after purchasing an additional 647,790 shares during the last quarter. Institutional investors own 53.52% of the company’s stock.

The firm also recently declared a Semi-Annual dividend, which will be paid on Wednesday, April 18th. Investors of record on Wednesday, March 14th will be given a $0.18 dividend. This represents a yield of 0.00503778337531486%. The ex-dividend date is Tuesday, March 13th. Twenty-First Century Fox’s dividend payout ratio is presently 16.82%.

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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.

Earnings History and Estimates for Twenty-First Century Fox (NASDAQ:FOXA)

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