MUFG Securities EMEA plc increased its holdings in Twenty-First Century Fox Inc (NASDAQ:FOXA) by 1,852.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 558,000 shares of the company’s stock after acquiring an additional 529,425 shares during the period. MUFG Securities EMEA plc’s holdings in Twenty-First Century Fox were worth $26,851,000 at the end of the most recent quarter.
Several other hedge funds have also added to or reduced their stakes in the company. Whittier Trust Co. grew its holdings in shares of Twenty-First Century Fox by 6.6% in the fourth quarter. Whittier Trust Co. now owns 3,329 shares of the company’s stock valued at $160,000 after acquiring an additional 205 shares in the last quarter. Aspiriant LLC grew its holdings in Twenty-First Century Fox by 3.8% during the fourth quarter. Aspiriant LLC now owns 7,379 shares of the company’s stock valued at $355,000 after purchasing an additional 269 shares during the period. Heritage Way Advisors LLC grew its holdings in Twenty-First Century Fox by 0.5% during the fourth quarter. Heritage Way Advisors LLC now owns 64,013 shares of the company’s stock valued at $3,080,000 after purchasing an additional 313 shares during the period. D.A. Davidson & CO. grew its holdings in Twenty-First Century Fox by 6.4% during the fourth quarter. D.A. Davidson & CO. now owns 6,137 shares of the company’s stock valued at $295,000 after purchasing an additional 370 shares during the period. Finally, Parallel Advisors LLC grew its holdings in Twenty-First Century Fox by 10.5% during the fourth quarter. Parallel Advisors LLC now owns 3,927 shares of the company’s stock valued at $189,000 after purchasing an additional 372 shares during the period. 49.79% of the stock is owned by institutional investors.
Several equities analysts have weighed in on the company. UBS Group increased their price objective on Twenty-First Century Fox to $52.00 and gave the company a “neutral” rating in a report on Wednesday. Buckingham Research increased their price objective on Twenty-First Century Fox from $52.00 to $54.00 and gave the company a “buy” rating in a report on Monday, February 25th. Vertical Group raised Twenty-First Century Fox from a “hold” rating to a “buy” rating in a report on Monday, February 4th. Wolfe Research assumed coverage on Twenty-First Century Fox in a report on Friday, December 7th. They set an “outperform” rating for the company. Finally, Zacks Investment Research raised Twenty-First Century Fox from a “sell” rating to a “hold” rating in a report on Wednesday, November 28th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and thirteen have assigned a buy rating to the company. Twenty-First Century Fox currently has an average rating of “Buy” and a consensus target price of $51.00.
Twenty-First Century Fox (NASDAQ:FOXA) last posted its earnings results on Wednesday, February 6th. The company reported $0.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.32 by $0.05. The firm had revenue of $8.50 billion for the quarter, compared to the consensus estimate of $8.47 billion. Twenty-First Century Fox had a return on equity of 15.09% and a net margin of 44.71%. The business’s quarterly revenue was up 5.7% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.42 earnings per share. On average, analysts expect that Twenty-First Century Fox Inc will post 1.98 earnings per share for the current fiscal year.
The business also recently announced a semiannual dividend, which will be paid on Tuesday, April 16th. Shareholders of record on Monday, April 8th will be given a dividend of $0.18 per share. The ex-dividend date of this dividend is Friday, April 5th. This represents a dividend yield of 0.73%. Twenty-First Century Fox’s dividend payout ratio is currently 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.
Further Reading: Quiet Period Expirations
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