Twenty-First Century Fox (NASDAQ:FOX) was upgraded by BidaskClub from a “buy” rating to a “strong-buy” rating in a note issued to investors on Saturday.

Shares of Twenty-First Century Fox stock opened at $47.73 on Friday. Twenty-First Century Fox has a 1 year low of $29.58 and a 1 year high of $49.65. The firm has a market cap of $87.59 billion, a price-to-earnings ratio of 24.23 and a beta of 1.15. The company has a debt-to-equity ratio of 0.84, a current ratio of 2.45 and a quick ratio of 1.96.

Twenty-First Century Fox (NASDAQ:FOX) last announced its quarterly earnings results on Wednesday, November 7th. The company reported $0.52 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.52. Twenty-First Century Fox had a return on equity of 18.01% and a net margin of 16.01%. The business had revenue of $7.18 billion during the quarter. On average, sell-side analysts forecast that Twenty-First Century Fox will post 1.86 EPS for the current fiscal year.

A number of hedge funds have recently bought and sold shares of the business. NN Investment Partners Holdings N.V. increased its position in shares of Twenty-First Century Fox by 48.2% in the second quarter. NN Investment Partners Holdings N.V. now owns 26,958 shares of the company’s stock worth $1,327,000 after purchasing an additional 8,772 shares during the period. Bank of Montreal Can increased its position in shares of Twenty-First Century Fox by 25.1% in the second quarter. Bank of Montreal Can now owns 295,752 shares of the company’s stock worth $14,572,000 after purchasing an additional 59,370 shares during the period. Fox Run Management L.L.C. bought a new position in shares of Twenty-First Century Fox in the second quarter worth $240,000. Amalgamated Bank increased its position in shares of Twenty-First Century Fox by 12.9% in the second quarter. Amalgamated Bank now owns 62,146 shares of the company’s stock worth $3,062,000 after purchasing an additional 7,101 shares during the period. Finally, Creative Planning bought a new position in shares of Twenty-First Century Fox in the second quarter worth $294,000. Hedge funds and other institutional investors own 24.16% of the company’s stock.

About Twenty-First Century Fox

Twenty-First Century Fox, Inc operates as a diversified media and entertainment company primarily in the United States and Canada, Europe, and internationally. It operates through Cable Network Programming, Television, and Filmed Entertainment segments. The company produces and licenses news, business news, sports, general entertainment, factual entertainment, and movie programming for distribution primarily through cable television systems, direct broadcast satellite operators, telecommunication companies, and online video distributors.

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