Brandywine Global Investment Management LLC increased its holdings in shares of Twenty-First Century Fox Inc (NASDAQ:FOXA) by 2.9% during the 4th quarter, HoldingsChannel reports. The fund owned 948,792 shares of the company’s stock after buying an additional 26,890 shares during the period. Brandywine Global Investment Management LLC’s holdings in Twenty-First Century Fox were worth $32,762,000 as of its most recent SEC filing.
Other large investors have also bought and sold shares of the company. Bronfman E.L. Rothschild L.P. raised its holdings in Twenty-First Century Fox by 36.6% in the fourth quarter. Bronfman E.L. Rothschild L.P. now owns 6,282 shares of the company’s stock worth $217,000 after buying an additional 1,684 shares during the last quarter. Creative Planning raised its holdings in Twenty-First Century Fox by 4.1% in the fourth quarter. Creative Planning now owns 44,246 shares of the company’s stock worth $1,528,000 after buying an additional 1,732 shares during the last quarter. RiverPoint Capital Management LLC raised its holdings in Twenty-First Century Fox by 21.8% in the fourth quarter. RiverPoint Capital Management LLC now owns 10,077 shares of the company’s stock worth $348,000 after buying an additional 1,805 shares during the last quarter. Private Advisor Group LLC raised its holdings in Twenty-First Century Fox by 19.0% in the third quarter. Private Advisor Group LLC now owns 11,355 shares of the company’s stock worth $301,000 after buying an additional 1,813 shares during the last quarter. Finally, Nordea Investment Management AB raised its holdings in Twenty-First Century Fox by 3.6% in the third quarter. Nordea Investment Management AB now owns 57,239 shares of the company’s stock worth $1,510,000 after buying an additional 2,001 shares during the last quarter. 53.49% of the stock is currently owned by institutional investors and hedge funds.
Several research analysts have issued reports on FOXA shares. Pivotal Research cut shares of Twenty-First Century Fox from a “buy” rating to a “hold” rating and lifted their target price for the stock from $37.00 to $38.00 in a report on Tuesday, January 9th. Piper Jaffray Companies set a $40.00 target price on shares of Twenty-First Century Fox and gave the stock a “buy” rating in a report on Saturday, December 16th. Atlantic Securities raised shares of Twenty-First Century Fox from a “neutral” rating to an “overweight” rating in a report on Monday, January 22nd. KeyCorp reaffirmed a “buy” rating and issued a $35.00 target price on shares of Twenty-First Century Fox in a report on Sunday, November 19th. Finally, Rosenblatt Securities reaffirmed a “buy” rating and issued a $40.00 target price on shares of Twenty-First Century Fox in a report on Monday, December 4th. Two analysts have rated the stock with a sell rating, seven have given a hold rating and thirteen have issued a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of $37.73.
Twenty-First Century Fox (NASDAQ:FOXA) last released its quarterly earnings data on Wednesday, February 7th. The company reported $0.42 earnings per share for the quarter, beating the 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 firm had revenue of $8.04 billion during the quarter, compared to analysts’ expectations of $7.94 billion. During the same period in the previous year, the company earned $0.53 earnings per share. The firm’s quarterly revenue was up 4.6% on a year-over-year basis. analysts anticipate that Twenty-First Century Fox Inc will post 2.04 EPS for the current fiscal year.
The firm also recently announced a Semi-Annual dividend, which will be paid on Wednesday, April 18th. Shareholders of record on Wednesday, March 14th will be issued 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 is currently 16.82%.
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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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