54,235 Shares in Twenty-First Century Fox Inc (FOXA) Purchased by Silchester International Investors LLP
Silchester International Investors LLP purchased a new position in shares of Twenty-First Century Fox Inc (NASDAQ:FOXA) during the fourth quarter, HoldingsChannel reports. The fund purchased 54,235 shares of the company’s stock, valued at approximately $1,873,000. Twenty-First Century Fox makes up approximately 0.1% of Silchester International Investors LLP’s holdings, making the stock its 11th biggest position.
Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Cerebellum GP LLC purchased a new stake in Twenty-First Century Fox during the fourth quarter worth $106,000. Mint Tower Capital Management B.V. acquired a new position in Twenty-First Century Fox during the third quarter worth $110,000. Zions Bancorporation raised its position in Twenty-First Century Fox by 86.4% during the third quarter. Zions Bancorporation now owns 4,911 shares of the company’s stock worth $130,000 after acquiring an additional 2,276 shares during the period. Tiedemann Wealth Management LLC acquired a new position in Twenty-First Century Fox during the third quarter worth $148,000. Finally, Stelac Advisory Services LLC acquired a new position in Twenty-First Century Fox during the third quarter worth $150,000. 53.49% of the stock is currently owned by hedge funds and other institutional investors.
FOXA has been the subject of a number of research analyst reports. B. Riley upped their price objective on shares of Twenty-First Century Fox from $29.00 to $36.00 and gave the stock a “neutral” rating in a research report on Friday, November 17th. BMO Capital Markets cut shares of Twenty-First Century Fox from an “outperform” rating to a “market perform” rating and set a $35.00 price objective for the company. in a research report on Monday, December 18th. Cowen reaffirmed a “hold” rating and set a $37.00 target price on shares of Twenty-First Century Fox in a research note on Friday, December 22nd. Pivotal Research lowered shares of Twenty-First Century Fox from a “buy” rating to a “hold” rating and increased their target price for the stock from $37.00 to $38.00 in a research note on Tuesday, January 9th. Finally, Loop Capital lowered shares of Twenty-First Century Fox from a “hold” rating to a “sell” rating and set a $31.00 price objective for the company. in a research note on Thursday, December 21st. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and thirteen have issued a buy rating to the company. Twenty-First Century Fox presently has an average rating of “Buy” and a consensus target price of $37.73.
Twenty-First Century Fox (NASDAQ:FOXA) last issued its earnings results on Wednesday, February 7th. The company reported $0.42 earnings per share for the quarter, beating the Thomson Reuters’ 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 firm’s revenue was up 4.6% compared to the same quarter last year. During the same quarter last year, the company earned $0.53 earnings per share. equities analysts forecast that Twenty-First Century Fox Inc will post 2.04 EPS for the current year.
The company also recently announced a Semi-Annual dividend, which will be paid on Wednesday, April 18th. Investors of record on Wednesday, March 14th will be issued a $0.18 dividend. The ex-dividend date is Tuesday, March 13th. This represents a yield of 0.00503778337531486%. Twenty-First Century Fox’s dividend payout ratio (DPR) is 16.82%.
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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.
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