Twenty-First Century Fox (FOX) Lifted to Buy at BidaskClub

BidaskClub upgraded shares of Twenty-First Century Fox (NASDAQ:FOX) from a hold rating to a buy rating in a research report sent to investors on Friday.

NASDAQ:FOX opened at $45.21 on Friday. Twenty-First Century Fox has a 1 year low of $24.30 and a 1 year high of $49.65. The firm has a market capitalization of $83.00 billion, a PE ratio of 22.74 and a beta of 1.25. The company has a quick ratio of 1.90, a current ratio of 2.35 and a debt-to-equity ratio of 0.89.

Twenty-First Century Fox (NASDAQ:FOX) last released its quarterly earnings results on Wednesday, August 8th. The company reported $0.57 earnings per share (EPS) for the quarter. Twenty-First Century Fox had a return on equity of 18.71% and a net margin of 14.68%. The company had revenue of $7.94 billion during the quarter.



The firm also recently declared a Semi-Annual dividend, which was paid on Wednesday, October 17th. Stockholders of record on Wednesday, September 12th were paid a $0.18 dividend. The ex-dividend date of this dividend was Tuesday, September 11th. This represents a dividend yield of 0.8%.

In other Twenty-First Century Fox news, insider Lachlan K. Murdoch purchased 137,801 shares of the firm’s stock in a transaction dated Thursday, August 16th. The stock was bought at an average price of $45.48 per share, with a total value of $6,267,189.48. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 39.40% of the company’s stock.

Large investors have recently added to or reduced their stakes in the company. Opera Trading Capital bought a new position in Twenty-First Century Fox during the second quarter valued at about $4,271,000. Supplemental Annuity Collective Trust of NJ bought a new position in Twenty-First Century Fox during the second quarter valued at about $493,000. Omni Partners LLP bought a new position in Twenty-First Century Fox during the second quarter valued at about $34,982,000. First Republic Investment Management Inc. boosted its stake in Twenty-First Century Fox by 3.9% during the second quarter. First Republic Investment Management Inc. now owns 106,876 shares of the company’s stock valued at $5,266,000 after buying an additional 4,034 shares in the last quarter. Finally, Gamco Investors INC. ET AL boosted its stake in Twenty-First Century Fox by 9.5% during the second quarter. Gamco Investors INC. ET AL now owns 3,548,409 shares of the company’s stock valued at $174,830,000 after buying an additional 306,851 shares in the last quarter. 24.05% of the stock is owned by institutional investors.

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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