Dimensional Fund Advisors LP boosted its holdings in News Corp (NASDAQ:NWS) by 39.4% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 2,032,455 shares of the company’s stock after buying an additional 574,125 shares during the period. Dimensional Fund Advisors LP’s holdings in News were worth $23,474,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Municipal Employees Retirement System of Michigan purchased a new position in shares of News in the 4th quarter worth about $50,000. Crossmark Global Holdings Inc. raised its holdings in shares of News by 10.6% in the 4th quarter. Crossmark Global Holdings Inc. now owns 12,055 shares of the company’s stock worth $139,000 after purchasing an additional 1,155 shares during the period. FMR LLC raised its holdings in shares of News by 753.7% in the 4th quarter. FMR LLC now owns 15,895 shares of the company’s stock worth $184,000 after purchasing an additional 14,033 shares during the period. LPL Financial LLC purchased a new position in shares of News in the 4th quarter worth about $189,000. Finally, Norinchukin Bank The raised its holdings in shares of News by 42.2% in the 4th quarter. Norinchukin Bank The now owns 22,635 shares of the company’s stock worth $261,000 after purchasing an additional 6,721 shares during the period. 9.84% of the stock is currently owned by hedge funds and other institutional investors.

Several brokerages recently commented on NWS. BidaskClub downgraded News from a “sell” rating to a “strong sell” rating in a report on Thursday, April 25th. TheStreet downgraded News from a “c” rating to a “d+” rating in a report on Tuesday, March 19th.

Shares of NASDAQ:NWS opened at $11.72 on Tuesday. The stock has a market cap of $6.82 billion, a P/E ratio of 24.79 and a beta of 1.36. The company has a current ratio of 1.15, a quick ratio of 1.04 and a debt-to-equity ratio of 0.08. News Corp has a one year low of $10.85 and a one year high of $16.67.

News (NASDAQ:NWS) last announced its earnings results on Thursday, May 9th. The company reported $0.04 EPS for the quarter, beating the consensus estimate of $0.01 by $0.03. The business had revenue of $2.46 billion for the quarter. News had a positive return on equity of 2.59% and a negative net margin of 1.60%.

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News Profile

News Corporation, a media and information services company, creates and distributes content for consumers and businesses worldwide. It operates in five segments: News and Information Services, Book Publishing, Digital Real Estate Services, Subscription Video Services, and Other. The company distributes content and data products, including The Wall Street Journal, Factiva, Dow Jones Risk & Compliance, Dow Jones Newswires, Barron's, MarketWatch, and DJX through various media channels, such as newspapers, newswires, Websites, mobile device applications, tablets and e-book readers, newsletters, magazines, proprietary databases, live journalism, video, and podcasts.

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Institutional Ownership by Quarter for News (NASDAQ:NWS)

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