WEALTHFRONT Corp Increases Stake in Twenty-First Century Fox Inc (FOXA)

WEALTHFRONT Corp increased its position in shares of Twenty-First Century Fox Inc (NASDAQ:FOXA) by 13.6% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 50,672 shares of the company’s stock after buying an additional 6,066 shares during the period. WEALTHFRONT Corp’s holdings in Twenty-First Century Fox were worth $2,348,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. Arrowgrass Capital Partners US LP purchased a new position in Twenty-First Century Fox in the second quarter valued at about $147,582,000. Busey Trust CO boosted its holdings in Twenty-First Century Fox by 1.4% in the third quarter. Busey Trust CO now owns 122,472 shares of the company’s stock worth $5,674,000 after acquiring an additional 1,748 shares in the last quarter. Millennium Management LLC boosted its holdings in Twenty-First Century Fox by 53.0% in the second quarter. Millennium Management LLC now owns 929,836 shares of the company’s stock worth $46,204,000 after acquiring an additional 321,968 shares in the last quarter. Silchester International Investors LLP boosted its holdings in Twenty-First Century Fox by 22.2% in the second quarter. Silchester International Investors LLP now owns 90,673 shares of the company’s stock worth $4,506,000 after acquiring an additional 16,467 shares in the last quarter. Finally, Addison Capital Co boosted its holdings in Twenty-First Century Fox by 33.7% in the third quarter. Addison Capital Co now owns 62,859 shares of the company’s stock worth $2,912,000 after acquiring an additional 15,837 shares in the last quarter. Hedge funds and other institutional investors own 52.93% of the company’s stock.

Twenty-First Century Fox stock opened at $49.01 on Thursday. The company has a debt-to-equity ratio of 0.84, a current ratio of 2.45 and a quick ratio of 1.96. Twenty-First Century Fox Inc has a 52 week low of $32.35 and a 52 week high of $50.15. The stock has a market cap of $91.00 billion, a P/E ratio of 24.88, a PEG ratio of 2.64 and a beta of 1.25.

Twenty-First Century Fox (NASDAQ:FOXA) last released its earnings results on Wednesday, November 7th. The company reported $0.52 EPS for the quarter, hitting the Zacks’ consensus estimate of $0.52. Twenty-First Century Fox had a return on equity of 18.01% and a net margin of 16.01%. The firm had revenue of $7.18 billion during the quarter, compared to the consensus estimate of $7.23 billion. During the same quarter in the previous year, the company posted $0.49 earnings per share. The company’s revenue was up 2.5% compared to the same quarter last year. On average, equities analysts anticipate that Twenty-First Century Fox Inc will post 1.99 EPS for the current fiscal year.

Several brokerages have weighed in on FOXA. ValuEngine downgraded Twenty-First Century Fox from a “strong-buy” rating to a “buy” rating in a report on Tuesday, August 28th. Cowen reissued a “hold” rating and issued a $49.00 price target on shares of Twenty-First Century Fox in a report on Sunday, August 12th. Barclays began coverage on Twenty-First Century Fox in a report on Friday, October 19th. They issued an “overweight” rating for the company. Zacks Investment Research raised Twenty-First Century Fox from a “sell” rating to a “hold” rating in a report on Wednesday, November 28th. Finally, Jefferies Financial Group reissued a “buy” rating and issued a $50.00 price target on shares of Twenty-First Century Fox in a report on Friday, August 10th. Nine investment analysts have rated the stock with a hold rating and twelve have given a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus price target of $47.20.

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Twenty-First Century Fox Profile

Twenty-First Century Fox, Inc operates as a diversified media and entertainment company primarily in the United States and Canada, Europe, and internationally. It operates through Cable Network Programming, Television, and Filmed Entertainment segments. The company produces and licenses news, business news, sports, general entertainment, factual entertainment, and movie programming for distribution primarily through cable television systems, direct broadcast satellite operators, telecommunication companies, and online video distributors.

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Institutional Ownership by Quarter for Twenty-First Century Fox (NASDAQ:FOXA)

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