Schwab Charles Investment Management Inc. decreased its stake in Twenty-First Century Fox Inc (NASDAQ:FOX) by 0.6% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,663,468 shares of the company’s stock after selling 9,893 shares during the quarter. Schwab Charles Investment Management Inc. owned approximately 0.09% of Twenty-First Century Fox worth $42,901,000 at the end of the most recent quarter.
Other hedge funds also recently added to or reduced their stakes in the company. Dupont Capital Management Corp purchased a new stake in Twenty-First Century Fox in the 2nd quarter worth approximately $122,000. Quantbot Technologies LP raised its holdings in shares of Twenty-First Century Fox by 139.2% during the 2nd quarter. Quantbot Technologies LP now owns 4,418 shares of the company’s stock valued at $123,000 after purchasing an additional 2,571 shares in the last quarter. Bessemer Group Inc. raised its holdings in shares of Twenty-First Century Fox by 91.4% during the 3rd quarter. Bessemer Group Inc. now owns 5,497 shares of the company’s stock valued at $141,000 after purchasing an additional 2,625 shares in the last quarter. Elgethun Capital Management bought a new position in shares of Twenty-First Century Fox during the 2nd quarter valued at $201,000. Finally, Haverford Financial Services Inc. bought a new position in shares of Twenty-First Century Fox during the 3rd quarter valued at $242,000. Institutional investors own 23.42% of the company’s stock.
FOX has been the topic of a number of recent research reports. BidaskClub downgraded shares of Twenty-First Century Fox from a “sell” rating to a “strong sell” rating in a report on Thursday, August 10th. OTR Global upgraded shares of Twenty-First Century Fox to a “positive” rating in a report on Monday, October 30th. Two equities research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The company has an average rating of “Buy” and an average price target of $34.00.
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Twenty-First Century Fox Profile
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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