FOXA has been the topic of a number of other reports. ValuEngine raised Twenty-First Century Fox from a hold rating to a buy rating in a report on Thursday, July 6th. Credit Suisse Group reissued a buy rating on shares of Twenty-First Century Fox in a report on Thursday, August 3rd. Zacks Investment Research lowered Twenty-First Century Fox from a hold rating to a sell rating in a report on Tuesday, July 11th. Cowen and Company reissued a hold rating and set a $33.00 price target on shares of Twenty-First Century Fox in a report on Tuesday, July 11th. Finally, Royal Bank Of Canada set a $33.00 price target on Twenty-First Century Fox and gave the company a buy rating in a report on Monday, June 12th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and eighteen have issued a buy rating to the company’s stock. The company currently has an average rating of Buy and an average price target of $33.45.
Shares of Twenty-First Century Fox (FOXA) traded down 1.027% during trading on Tuesday, reaching $26.495. 2,943,162 shares of the company’s stock traded hands. The company has a 50 day moving average of $26.81 and a 200-day moving average of $28.23. The company has a market capitalization of $49.04 billion, a price-to-earnings ratio of 16.706 and a beta of 1.26. Twenty-First Century Fox has a 1-year low of $24.22 and a 1-year high of $32.60.
Twenty-First Century Fox (NASDAQ:FOXA) last issued its quarterly earnings results on Wednesday, August 9th. The company reported $0.36 EPS for the quarter, beating analysts’ consensus estimates of $0.35 by $0.01. The company had revenue of $6.75 billion for the quarter, compared to analyst estimates of $6.79 billion. Twenty-First Century Fox had a return on equity of 22.46% and a net margin of 10.36%. The company’s quarterly revenue was up 1.5% compared to the same quarter last year. During the same period last year, the company earned $0.45 earnings per share. Equities analysts predict that Twenty-First Century Fox will post $2.03 earnings per share for the current year.
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The company also recently declared a semiannual dividend, which will be paid on Wednesday, October 18th. Stockholders of record on Wednesday, September 13th will be issued a dividend of $0.18 per share. The ex-dividend date is Tuesday, September 12th. This represents a dividend yield of 1.29%. Twenty-First Century Fox’s dividend payout ratio is 22.64%.
Institutional investors have recently made changes to their positions in the company. Israel Discount Bank of New York acquired a new stake in shares of Twenty-First Century Fox during the 1st quarter valued at about $828,000. Louisiana State Employees Retirement System lifted its holdings in shares of Twenty-First Century Fox by 0.9% during the 2nd quarter. Louisiana State Employees Retirement System now owns 65,300 shares of the company’s stock valued at $1,851,000 after buying an additional 600 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of Twenty-First Century Fox by 8.7% during the 2nd quarter. JPMorgan Chase & Co. now owns 26,630,790 shares of the company’s stock valued at $754,718,000 after buying an additional 2,140,568 shares during the last quarter. Wright Investors Service Inc. lifted its holdings in shares of Twenty-First Century Fox by 1.6% during the 2nd quarter. Wright Investors Service Inc. now owns 27,100 shares of the company’s stock valued at $768,000 after buying an additional 415 shares during the last quarter. Finally, Vivaldi Asset Management LLC lifted its holdings in shares of Twenty-First Century Fox by 656.5% during the 2nd quarter. Vivaldi Asset Management LLC now owns 290,500 shares of the company’s stock valued at $8,233,000 after buying an additional 252,100 shares during the last quarter. Institutional investors and hedge funds own 53.34% of the company’s stock.
About Twenty-First Century Fox
Twenty-First Century Fox, Inc is a media and entertainment company. The Company’s segments include Cable Network Programming; Television; Filmed Entertainment, and Other, Corporate and Eliminations. The Cable Network Programming segment produces and licenses news, business news, sports, general entertainment, factual entertainment and movie programming for distribution.
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