Twenty-First Century Fox Inc (NASDAQ:FOXA) – Jefferies Group increased their FY2018 earnings per share estimates for Twenty-First Century Fox in a research note issued on Wednesday. Jefferies Group analyst J. Janedis now expects that the company will post earnings of $2.01 per share for the year, up from their prior estimate of $1.98. Jefferies Group currently has a “Buy” rating and a $43.00 target price on the stock. Jefferies Group also issued estimates for Twenty-First Century Fox’s Q4 2018 earnings at $0.58 EPS, Q2 2019 earnings at $0.44 EPS, Q4 2019 earnings at $0.65 EPS, Q2 2020 earnings at $0.49 EPS and FY2021 earnings at $2.96 EPS.
Twenty-First Century Fox (NASDAQ:FOXA) last issued its earnings results on Wednesday, February 7th. The company reported $0.42 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.38 by $0.04. Twenty-First Century Fox had a net margin of 13.49% and a return on equity of 19.01%. The business had revenue of $8.04 billion during the quarter, compared to the consensus estimate of $7.94 billion. During the same period last year, the business posted $0.53 EPS. Twenty-First Century Fox’s revenue was up 4.6% on a year-over-year basis.
Shares of Twenty-First Century Fox (FOXA) opened at $35.73 on Friday. Twenty-First Century Fox has a one year low of $24.81 and a one year high of $39.13. The stock has a market cap of $67,990.00, a PE ratio of 16.62, a P/E/G ratio of 1.80 and a beta of 1.42. The company has a quick ratio of 1.73, a current ratio of 2.16 and a debt-to-equity ratio of 0.98.
The business also recently disclosed a Semi-Annual dividend, which will be paid on Wednesday, April 18th. Shareholders of record on Wednesday, March 14th will be given a dividend of $0.18 per share. The ex-dividend date is Tuesday, March 13th. This represents a yield of 0.00503778337531486%. Twenty-First Century Fox’s dividend payout ratio (DPR) is presently 16.74%.
Several hedge funds and other institutional investors have recently added to or reduced their stakes in FOXA. Renaissance Technologies LLC raised its position in shares of Twenty-First Century Fox by 240.8% in the second quarter. Renaissance Technologies LLC now owns 428,500 shares of the company’s stock valued at $12,144,000 after buying an additional 302,769 shares in the last quarter. QS Investors LLC raised its position in shares of Twenty-First Century Fox by 24.1% in the second quarter. QS Investors LLC now owns 25,675 shares of the company’s stock valued at $728,000 after buying an additional 4,994 shares in the last quarter. Janus Henderson Group PLC raised its position in shares of Twenty-First Century Fox by 185.7% in the second quarter. Janus Henderson Group PLC now owns 384,641 shares of the company’s stock valued at $10,900,000 after buying an additional 250,011 shares in the last quarter. Intellectus Partners LLC raised its position in shares of Twenty-First Century Fox by 8.1% in the second quarter. Intellectus Partners LLC now owns 14,127 shares of the company’s stock valued at $400,000 after buying an additional 1,058 shares in the last quarter. Finally, Sterling Capital Management LLC raised its position in shares of Twenty-First Century Fox by 1.2% in the second quarter. Sterling Capital Management LLC now owns 8,494 shares of the company’s stock valued at $241,000 after buying an additional 99 shares in the last quarter. Institutional investors own 54.26% 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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