Twenty-First Century Fox, Inc. (FOXA) Shares Bought by Gotham Asset Management LLC
Gotham Asset Management LLC increased its position in Twenty-First Century Fox, Inc. (NASDAQ:FOXA) by 100.3% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 2,104,534 shares of the company’s stock after purchasing an additional 1,053,725 shares during the period. Twenty-First Century Fox accounts for about 0.8% of Gotham Asset Management LLC’s investment portfolio, making the stock its 6th biggest holding. Gotham Asset Management LLC owned about 0.11% of Twenty-First Century Fox worth $59,642,000 at the end of the most recent reporting period.
A number of other large investors have also recently bought and sold shares of FOXA. Grove Bank & Trust grew its stake in Twenty-First Century Fox by 1,328.3% in the second quarter. Grove Bank & Trust now owns 3,785 shares of the company’s stock worth $107,000 after purchasing an additional 3,520 shares in the last quarter. State of Alaska Department of Revenue grew its stake in Twenty-First Century Fox by 4.8% in the second quarter. State of Alaska Department of Revenue now owns 4,365 shares of the company’s stock worth $123,000 after purchasing an additional 200 shares in the last quarter. Global X Management Co. LLC grew its stake in Twenty-First Century Fox by 9.7% in the second quarter. Global X Management Co. LLC now owns 5,108 shares of the company’s stock worth $145,000 after purchasing an additional 451 shares in the last quarter. Whittier Trust Co. of Nevada Inc. grew its stake in Twenty-First Century Fox by 76.0% in the second quarter. Whittier Trust Co. of Nevada Inc. now owns 5,409 shares of the company’s stock worth $153,000 after purchasing an additional 2,336 shares in the last quarter. Finally, Fifth Third Bancorp grew its stake in Twenty-First Century Fox by 6.2% in the first quarter. Fifth Third Bancorp now owns 4,959 shares of the company’s stock worth $161,000 after purchasing an additional 291 shares in the last quarter. Institutional investors and hedge funds own 53.34% of the company’s stock.
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A number of research firms recently commented on FOXA. Royal Bank Of Canada set a $33.00 price target on Twenty-First Century Fox and gave the stock a “buy” rating in a research note on Monday, June 12th. Credit Suisse Group reiterated a “buy” rating on shares of Twenty-First Century Fox in a research note on Thursday, August 3rd. ValuEngine upgraded Twenty-First Century Fox from a “hold” rating to a “buy” rating in a research note on Thursday, July 6th. Morgan Stanley reiterated an “overweight” rating on shares of Twenty-First Century Fox in a research note on Thursday, July 6th. Finally, Cowen and Company reiterated a “hold” rating and issued a $33.00 price target on shares of Twenty-First Century Fox in a research note on Tuesday, July 11th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and eighteen have assigned a buy rating to the company’s stock. Twenty-First Century Fox presently has an average rating of “Buy” and an average price target of $33.45.
Twenty-First Century Fox, Inc. (NASDAQ FOXA) traded down 0.33% during midday trading on Thursday, hitting $27.01. The stock had a trading volume of 4,197,449 shares. Twenty-First Century Fox, Inc. has a 52 week low of $24.22 and a 52 week high of $32.60. The company has a market cap of $50.00 billion, a PE ratio of 17.03 and a beta of 1.26. The stock’s 50 day moving average price is $26.89 and its 200-day moving average price is $28.37. Twenty-First Century Fox also was the target of some unusual options trading activity on Tuesday. Traders acquired 6,948 call options on the company. This is an increase of approximately 463% compared to the average volume of 1,234 call options.
Twenty-First Century Fox (NASDAQ:FOXA) last posted its earnings results on Wednesday, August 9th. The company reported $0.36 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.35 by $0.01. The business had revenue of $6.75 billion for the quarter, compared to analysts’ expectations of $6.79 billion. Twenty-First Century Fox had a net margin of 10.36% and a return on equity of 22.46%. The firm’s revenue for the quarter was up 1.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.45 earnings per share. Equities research analysts predict that Twenty-First Century Fox, Inc. will post $2.03 earnings per share for the current year.
The company also recently disclosed a semiannual dividend, which will be paid on Wednesday, October 18th. Shareholders of record on Wednesday, September 13th will be paid a dividend of $0.18 per share. The ex-dividend date is Tuesday, September 12th. This represents a yield of 1.29%. Twenty-First Century Fox’s dividend payout ratio is 22.64%.
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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