Millennium Management LLC increased its position in shares of Twenty-First Century Fox Inc (NASDAQ:FOXA) by 53.0% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 929,836 shares of the company’s stock after purchasing an additional 321,968 shares during the period. Millennium Management LLC owned 0.05% of Twenty-First Century Fox worth $46,204,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Thrivent Financial for Lutherans increased its position in shares of Twenty-First Century Fox by 3.3% during the first quarter. Thrivent Financial for Lutherans now owns 43,987 shares of the company’s stock valued at $1,614,000 after acquiring an additional 1,396 shares during the last quarter. Cambridge Investment Research Advisors Inc. increased its position in shares of Twenty-First Century Fox by 22.2% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 10,834 shares of the company’s stock valued at $398,000 after acquiring an additional 1,968 shares during the last quarter. Rockefeller Capital Management L.P. acquired a new stake in shares of Twenty-First Century Fox during the first quarter valued at about $157,000. BlackRock Inc. increased its position in shares of Twenty-First Century Fox by 3.6% during the first quarter. BlackRock Inc. now owns 59,520,598 shares of the company’s stock valued at $2,183,811,000 after acquiring an additional 2,063,278 shares during the last quarter. Finally, Federated Investors Inc. PA increased its position in shares of Twenty-First Century Fox by 160.2% during the first quarter. Federated Investors Inc. PA now owns 611,496 shares of the company’s stock valued at $22,436,000 after acquiring an additional 376,488 shares during the last quarter. Hedge funds and other institutional investors own 54.11% of the company’s stock.

Several research analysts have recently commented on FOXA shares. B. Riley raised their price objective on shares of Twenty-First Century Fox from $46.00 to $50.00 and gave the company a “buy” rating in a research note on Thursday, June 21st. Zacks Investment Research raised shares of Twenty-First Century Fox from a “sell” rating to a “hold” rating in a research note on Tuesday, July 10th. Macquarie raised their price objective on shares of Twenty-First Century Fox from $46.00 to $49.00 and gave the company a “neutral” rating in a research note on Thursday, September 6th. UBS Group downgraded shares of Twenty-First Century Fox from a “buy” rating to a “neutral” rating and set a $39.00 price target for the company. in a research note on Friday, July 20th. Finally, Royal Bank of Canada downgraded shares of Twenty-First Century Fox from an “outperform” rating to a “sector perform” rating and lifted their price target for the stock from $45.00 to $49.00 in a research note on Thursday, August 9th. They noted that the move was a valuation call. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and ten have issued a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of $44.93.

Shares of NASDAQ:FOXA traded up $0.25 during trading on Friday, hitting $45.36. 7,267,867 shares of the company were exchanged, compared to its average volume of 11,229,235. The company has a market capitalization of $85.83 billion, a PE ratio of 23.03, a P/E/G ratio of 2.39 and a beta of 1.30. The company has a current ratio of 2.35, a quick ratio of 1.90 and a debt-to-equity ratio of 0.89. Twenty-First Century Fox Inc has a 12-month low of $24.81 and a 12-month high of $50.15.

Twenty-First Century Fox (NASDAQ:FOXA) last announced its earnings results on Wednesday, August 8th. The company reported $0.57 EPS for the quarter, beating analysts’ consensus estimates of $0.54 by $0.03. The business had revenue of $7.94 billion for the quarter, compared to analysts’ expectations of $7.52 billion. Twenty-First Century Fox had a net margin of 14.68% and a return on equity of 18.71%. The company’s quarterly revenue was up 17.7% on a year-over-year basis. During the same period in the previous year, the company posted $0.36 EPS. As a group, equities research analysts predict 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, October 17th. Stockholders of record on Wednesday, September 12th will be issued a $0.18 dividend. The ex-dividend date of this dividend is Tuesday, September 11th. This represents a dividend yield of 0.79%. Twenty-First Century Fox’s payout ratio is 18.27%.

About Twenty-First Century Fox

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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