HM Payson & Co. trimmed its holdings in shares of Twenty-First Century Fox Inc Class A (NASDAQ:FOXA) by 11.1% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 23,866 shares of the company’s stock after selling 2,976 shares during the period. HM Payson & Co.’s holdings in Twenty-First Century Fox Inc Class A were worth $875,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the company. Alliancebernstein L.P. increased its stake in Twenty-First Century Fox Inc Class A by 409.6% in the 4th quarter. Alliancebernstein L.P. now owns 9,313,012 shares of the company’s stock valued at $321,578,000 after purchasing an additional 7,485,610 shares in the last quarter. Franklin Resources Inc. increased its stake in Twenty-First Century Fox Inc Class A by 43.8% in the 4th quarter. Franklin Resources Inc. now owns 22,857,561 shares of the company’s stock valued at $789,270,000 after purchasing an additional 6,959,165 shares in the last quarter. York Capital Management Global Advisors LLC purchased a new position in Twenty-First Century Fox Inc Class A in the 4th quarter valued at approximately $121,123,000. OZ Management LP purchased a new position in Twenty-First Century Fox Inc Class A in the 1st quarter valued at approximately $84,991,000. Finally, BlackRock Inc. increased its stake in Twenty-First Century Fox Inc Class A by 3.6% in the 1st quarter. BlackRock Inc. now owns 59,520,598 shares of the company’s stock valued at $2,183,811,000 after purchasing an additional 2,063,278 shares in the last quarter. 53.43% of the stock is owned by institutional investors and hedge funds.

Shares of NASDAQ:FOXA opened at $39.30 on Thursday. The firm has a market cap of $72.40 billion, a price-to-earnings ratio of 20.36, a P/E/G ratio of 1.93 and a beta of 1.32. The company has a debt-to-equity ratio of 0.91, a quick ratio of 1.65 and a current ratio of 2.05. Twenty-First Century Fox Inc Class A has a one year low of $24.81 and a one year high of $39.46.

Twenty-First Century Fox Inc Class A (NASDAQ:FOXA) last posted its quarterly earnings data on Wednesday, May 9th. The company reported $0.49 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.53 by ($0.04). Twenty-First Century Fox Inc Class A had a return on equity of 17.50% and a net margin of 13.76%. The business had revenue of $7.42 billion for the quarter, compared to analyst estimates of $7.40 billion. During the same quarter last year, the business earned $0.54 EPS. Twenty-First Century Fox Inc Class A’s revenue for the quarter was down 1.9% compared to the same quarter last year. equities research analysts forecast that Twenty-First Century Fox Inc Class A will post 1.96 earnings per share for the current year.

Several equities analysts recently weighed in on the company. Zacks Investment Research downgraded Twenty-First Century Fox Inc Class A from a “hold” rating to a “sell” rating in a research note on Tuesday, April 17th. ValuEngine raised Twenty-First Century Fox Inc Class A from a “hold” rating to a “buy” rating in a research note on Friday, February 9th. BMO Capital Markets raised their price objective on Twenty-First Century Fox Inc Class A from $35.00 to $37.00 and gave the company a “market perform” rating in a research note on Monday, February 12th. Pivotal Research reiterated a “hold” rating and set a $35.00 target price on shares of Twenty-First Century Fox Inc Class A in a report on Tuesday, April 17th. Finally, Loop Capital initiated coverage on Twenty-First Century Fox Inc Class A in a report on Thursday, March 15th. They set a “buy” rating and a $43.00 target price on the stock. One analyst has rated the stock with a sell rating, six have assigned a hold rating and thirteen have assigned a buy rating to the company’s stock. Twenty-First Century Fox Inc Class A has an average rating of “Buy” and a consensus target price of $39.15.

Twenty-First Century Fox Inc Class A Company Profile

Twenty-First Century Fox, Inc, together with its subsidiaries, operates as a diversified media and entertainment company primarily in the United States, the United Kingdom, Continental Europe, Asia, and Latin America. It operates through Cable Network Programming, Television, and Filmed Entertainment segments.

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

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