First Trust Advisors LP trimmed its holdings in shares of Twenty-First Century Fox Inc (NASDAQ:FOX) by 20.6% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 99,920 shares of the company’s stock after selling 25,890 shares during the quarter. First Trust Advisors LP’s holdings in Twenty-First Century Fox were worth $3,409,000 as of its most recent filing with the SEC.
A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Yacktman Asset Management LP increased its stake in Twenty-First Century Fox by 2.1% during the 4th quarter. Yacktman Asset Management LP now owns 28,078,485 shares of the company’s stock worth $958,038,000 after purchasing an additional 564,429 shares in the last quarter. Baupost Group LLC MA increased its stake in Twenty-First Century Fox by 1.5% during the 3rd quarter. Baupost Group LLC MA now owns 7,384,542 shares of the company’s stock worth $190,447,000 after purchasing an additional 106,442 shares in the last quarter. Gamco Investors INC. ET AL increased its stake in Twenty-First Century Fox by 28.9% during the 4th quarter. Gamco Investors INC. ET AL now owns 3,344,543 shares of the company’s stock worth $114,116,000 after purchasing an additional 749,839 shares in the last quarter. Vaughan Nelson Investment Management L.P. increased its stake in Twenty-First Century Fox by 2.5% during the 4th quarter. Vaughan Nelson Investment Management L.P. now owns 3,322,101 shares of the company’s stock worth $113,350,000 after purchasing an additional 81,840 shares in the last quarter. Finally, CI Investments Inc. grew its stake in shares of Twenty-First Century Fox by 34.4% during the 3rd quarter. CI Investments Inc. now owns 2,850,243 shares of the company’s stock worth $73,508,000 after acquiring an additional 729,959 shares in the last quarter. 24.31% of the stock is owned by institutional investors and hedge funds.
In related news, EVP Gerson Zweifach sold 110,728 shares of the firm’s stock in a transaction on Monday, December 18th. The shares were sold at an average price of $34.90, for a total value of $3,864,407.20. Following the completion of the transaction, the executive vice president now directly owns 36,007 shares of the company’s stock, valued at $1,256,644.30. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 39.40% of the stock is currently owned by company insiders.
Twenty-First Century Fox Inc (FOX) opened at $37.50 on Tuesday. The firm has a market cap of $68,932.56, a P/E ratio of 20.56 and a beta of 1.30. Twenty-First Century Fox Inc has a 52 week low of $24.30 and a 52 week high of $38.56. The company has a debt-to-equity ratio of 0.98, a quick ratio of 1.77 and a current ratio of 2.16.
Twenty-First Century Fox (NASDAQ:FOX) last released its earnings results 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 business had revenue of $8.04 billion during the quarter.
The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 18th. Investors of record on Wednesday, March 14th will be paid a $0.18 dividend. The ex-dividend date is Tuesday, March 13th. This represents a $0.72 annualized dividend and a dividend yield of 1.92%. Twenty-First Century Fox’s dividend payout ratio is presently 16.82%.
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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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