Candriam Luxembourg S.C.A. cut its position in Twenty-First Century Fox Inc (NASDAQ:FOXA) by 1.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 107,733 shares of the company’s stock after selling 1,662 shares during the quarter. Candriam Luxembourg S.C.A.’s holdings in Twenty-First Century Fox were worth $4,991,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Nomura Asset Management Co. Ltd. grew its position in shares of Twenty-First Century Fox by 2.4% in the third quarter. Nomura Asset Management Co. Ltd. now owns 176,796 shares of the company’s stock valued at $8,191,000 after purchasing an additional 4,140 shares in the last quarter. Findlay Park Partners LLP purchased a new position in shares of Twenty-First Century Fox in the third quarter valued at $335,244,000. Sumitomo Mitsui Trust Holdings Inc. grew its position in shares of Twenty-First Century Fox by 1.9% in the third quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 3,327,996 shares of the company’s stock valued at $154,186,000 after purchasing an additional 61,546 shares in the last quarter. Advisor Partners LLC grew its position in shares of Twenty-First Century Fox by 7.6% in the third quarter. Advisor Partners LLC now owns 25,827 shares of the company’s stock valued at $1,197,000 after purchasing an additional 1,817 shares in the last quarter. Finally, Arnhold LLC grew its position in shares of Twenty-First Century Fox by 28.8% in the third quarter. Arnhold LLC now owns 378,863 shares of the company’s stock valued at $17,553,000 after purchasing an additional 84,748 shares in the last quarter. Hedge funds and other institutional investors own 53.98% of the company’s stock.

Twenty-First Century Fox stock opened at $48.16 on Monday. Twenty-First Century Fox Inc has a 52 week low of $30.22 and a 52 week high of $50.15. The company has a debt-to-equity ratio of 0.84, a current ratio of 2.45 and a quick ratio of 1.96. The stock has a market cap of $89.22 billion, a P/E ratio of 24.45, a price-to-earnings-growth ratio of 2.96 and a beta of 1.21.

Twenty-First Century Fox (NASDAQ:FOXA) last posted its quarterly earnings data on Wednesday, November 7th. The company reported $0.52 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.52. Twenty-First Century Fox had a return on equity of 18.01% and a net margin of 16.01%. The firm had revenue of $7.18 billion during the quarter, compared to analysts’ expectations of $7.23 billion. During the same period in the prior year, the business earned $0.49 EPS. The company’s revenue for the quarter was up 2.5% compared to the same quarter last year. As a group, equities research analysts predict that Twenty-First Century Fox Inc will post 1.97 earnings per share for the current fiscal year.

Several equities analysts recently commented on FOXA shares. Barclays started coverage on Twenty-First Century Fox in a research report on Friday, October 19th. They set an “overweight” rating for the company. Morgan Stanley restated an “overweight” rating and set a $53.00 target price on shares of Twenty-First Century Fox in a research report on Monday, October 15th. Macquarie boosted their target price on Twenty-First Century Fox from $46.00 to $49.00 and gave the stock a “neutral” rating in a research report on Thursday, September 6th. Royal Bank of Canada cut Twenty-First Century Fox from an “outperform” rating to a “sector perform” rating and boosted their target price for the stock from $45.00 to $49.00 in a research report on Thursday, August 9th. They noted that the move was a valuation call. Finally, Jefferies Financial Group restated a “buy” rating and set a $50.00 target price on shares of Twenty-First Century Fox in a research report on Friday, August 10th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and thirteen have issued a buy rating to the stock. Twenty-First Century Fox has a consensus rating of “Buy” and a consensus target price of $46.06.

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Twenty-First Century Fox Company Profile

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

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