Seven Bridges Advisors LLC boosted its stake in shares of Twenty-First Century Fox Inc. (NASDAQ:FOX) by 33.2% during the second quarter, Holdings Channel reports. The firm owned 62,160 shares of the company’s stock after buying an additional 15,480 shares during the period. Twenty-First Century Fox comprises approximately 1.5% of Seven Bridges Advisors LLC’s portfolio, making the stock its 15th largest position. Seven Bridges Advisors LLC’s holdings in Twenty-First Century Fox were worth $1,694,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of the stock. BlackRock Institutional Trust Company N.A. increased its position in Twenty-First Century Fox by 1.1% in the first quarter. BlackRock Institutional Trust Company N.A. now owns 11,235,808 shares of the company’s stock worth $316,850,000 after buying an additional 121,611 shares during the last quarter. Prudential Financial Inc. increased its position in Twenty-First Century Fox by 1.9% in the first quarter. Prudential Financial Inc. now owns 508,812 shares of the company’s stock worth $14,349,000 after buying an additional 9,500 shares during the last quarter. Teachers Advisors Inc. increased its position in Twenty-First Century Fox by 6.5% in the first quarter. Teachers Advisors Inc. now owns 493,439 shares of the company’s stock worth $13,915,000 after buying an additional 30,286 shares during the last quarter. TIAA CREF Investment Management LLC increased its position in Twenty-First Century Fox by 9.9% in the first quarter. TIAA CREF Investment Management LLC now owns 1,485,261 shares of the company’s stock worth $41,884,000 after buying an additional 133,545 shares during the last quarter. Finally, Ngam Advisors L.P. increased its position in Twenty-First Century Fox by 8.9% in the first quarter. Ngam Advisors L.P. now owns 55,039 shares of the company’s stock worth $1,552,000 after buying an additional 4,500 shares during the last quarter. 21.65% of the stock is owned by hedge funds and other institutional investors.

Shares of Twenty-First Century Fox Inc. (NASDAQ:FOX) traded up 0.04% during midday trading on Monday, reaching $24.29. 2,653,916 shares of the company traded hands. The company has a 50 day moving average price of $25.47 and a 200 day moving average price of $27.90. Twenty-First Century Fox Inc. has a 1-year low of $22.65 and a 1-year high of $31.58. The company has a market capitalization of $45.24 billion, a PE ratio of 17.15 and a beta of 1.30.

The business also recently disclosed a dividend, which will be paid on Wednesday, October 19th. Shareholders of record on Wednesday, September 14th will be issued a dividend of $0.18 per share. The ex-dividend date is Monday, September 12th. Twenty-First Century Fox’s payout ratio is currently 25.35%.

A number of research firms recently issued reports on FOX. Brean Capital began coverage on shares of Twenty-First Century Fox in a research note on Thursday, July 7th. They issued a “hold” rating for the company. Credit Suisse Group AG reaffirmed an “outperform” rating and set a $33.00 target price (down previously from $38.00) on shares of Twenty-First Century Fox in a research note on Saturday, August 6th. FBR & Co reaffirmed a “market perform” rating and set a $38.00 target price (down previously from $42.00) on shares of Twenty-First Century Fox in a research note on Friday, August 5th. Citigroup Inc. reaffirmed a “buy” rating and set a $31.00 target price (down previously from $32.00) on shares of Twenty-First Century Fox in a research note on Tuesday, August 16th. Finally, RBC Capital Markets reaffirmed an “outperform” rating and set a $32.00 target price (down previously from $36.00) on shares of Twenty-First Century Fox in a research note on Thursday, August 4th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and fifteen have given a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus price target of $32.30.

In related news, insider Jeffrey W. Ubben acquired 3,000,000 shares of the business’s stock in a transaction on Thursday, August 18th. The shares were bought at an average price of $26.06 per share, with a total value of $78,180,000.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Company insiders own 39.40% of the company’s stock.

About Twenty-First Century Fox

Twenty-First Century Fox, Inc is a media and entertainment company. The Company operates through segments: Cable Network Programming, Television, Filmed Entertainment, and Other, Corporate and Eliminations. 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, telecommunications companies and online video distributors in the United States and internationally.

5 Day Chart for NASDAQ:FOX

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