Global Endowment Management LP increased its holdings in Twenty-First Century Fox Inc (NASDAQ:FOXA) by 72.2% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 26,240 shares of the company’s stock after acquiring an additional 11,000 shares during the quarter. Global Endowment Management LP’s holdings in Twenty-First Century Fox were worth $1,216,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Kaizen Advisory LLC lifted its stake in Twenty-First Century Fox by 121.8% in the second quarter. Kaizen Advisory LLC now owns 2,278 shares of the company’s stock worth $113,000 after acquiring an additional 1,251 shares during the period. Centaurus Financial Inc. bought a new position in Twenty-First Century Fox in the second quarter worth about $115,000. Chicago Partners Investment Group LLC raised its holdings in Twenty-First Century Fox by 298.9% in the third quarter. Chicago Partners Investment Group LLC now owns 2,800 shares of the company’s stock worth $127,000 after purchasing an additional 2,098 shares in the last quarter. Sun Life Financial INC raised its holdings in Twenty-First Century Fox by 1,522.7% in the second quarter. Sun Life Financial INC now owns 2,856 shares of the company’s stock worth $142,000 after purchasing an additional 2,680 shares in the last quarter. Finally, First Hawaiian Bank bought a new position in Twenty-First Century Fox in the third quarter worth about $137,000. 55.42% of the stock is owned by institutional investors.

FOXA opened at $48.91 on Tuesday. Twenty-First Century Fox Inc has a 52-week low of $30.32 and a 52-week high of $50.15. The company has a debt-to-equity ratio of 0.84, a quick ratio of 1.96 and a current ratio of 2.45. The stock has a market cap of $89.22 billion, a PE ratio of 24.83, a P/E/G ratio of 2.63 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, meeting the Thomson Reuters’ consensus estimate of $0.52. Twenty-First Century Fox had a net margin of 16.01% and a return on equity of 18.01%. The firm had revenue of $7.18 billion for the quarter, compared to the consensus estimate of $7.23 billion. During the same quarter in the prior year, the company posted $0.49 earnings per share. The company’s revenue for the quarter was up 2.5% compared to the same quarter last year. On average, analysts anticipate that Twenty-First Century Fox Inc will post 1.97 earnings per share for the current fiscal year.

FOXA has been the subject of a number of recent research reports. Morgan Stanley reiterated an “overweight” rating and issued a $53.00 target price on shares of Twenty-First Century Fox in a report on Monday, October 15th. Macquarie boosted their target price on shares of Twenty-First Century Fox from $46.00 to $49.00 and gave the stock a “neutral” rating in a report on Thursday, September 6th. Zacks Investment Research downgraded shares of Twenty-First Century Fox from a “hold” rating to a “sell” rating in a report on Tuesday, October 9th. Barclays initiated coverage on shares of Twenty-First Century Fox in a report on Friday, October 19th. They issued an “overweight” rating for the company. Finally, Jefferies Financial Group reiterated a “buy” rating and issued a $50.00 target price on shares of Twenty-First Century Fox in a report on Friday, August 10th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and twelve have issued a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $46.75.

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Twenty-First Century Fox 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.

Further Reading: Growth Stocks

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

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