Twenty-First Century Fox, Inc. (FOX) Shares Bought by Shelton Capital Management
Shelton Capital Management boosted its stake in Twenty-First Century Fox, Inc. (NASDAQ:FOX) by 74.2% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 86,000 shares of the company’s stock after buying an additional 36,637 shares during the period. Shelton Capital Management’s holdings in Twenty-First Century Fox were worth $1,345,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also recently made changes to their positions in FOX. The Manufacturers Life Insurance Company bought a new stake in shares of Twenty-First Century Fox during the third quarter valued at about $161,368,000. Price T Rowe Associates Inc. MD boosted its stake in shares of Twenty-First Century Fox by 13.3% in the third quarter. Price T Rowe Associates Inc. MD now owns 30,944,809 shares of the company’s stock valued at $765,575,000 after buying an additional 3,629,049 shares during the period. ValueAct Holdings L.P. boosted its stake in shares of Twenty-First Century Fox by 6.3% in the third quarter. ValueAct Holdings L.P. now owns 50,326,334 shares of the company’s stock valued at $1,245,074,000 after buying an additional 3,000,000 shares during the period. SG Americas Securities LLC boosted its stake in shares of Twenty-First Century Fox by 6,153.6% in the third quarter. SG Americas Securities LLC now owns 2,036,870 shares of the company’s stock valued at $50,392,000 after buying an additional 2,004,299 shares during the period. Finally, Northcape Capital Pty Ltd bought a new stake in shares of Twenty-First Century Fox during the fourth quarter valued at about $51,499,000. 23.18% of the stock is currently owned by institutional investors.
Shares of Twenty-First Century Fox, Inc. (NASDAQ:FOX) traded down 0.82% during trading on Thursday, reaching $30.08. The company had a trading volume of 1,984,041 shares. Twenty-First Century Fox, Inc. has a 1-year low of $23.88 and a 1-year high of $31.30. The firm has a 50-day moving average of $29.55 and a 200 day moving average of $26.98. The firm has a market capitalization of $55.67 billion, a PE ratio of 18.33 and a beta of 1.23.
The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 19th. Shareholders of record on Wednesday, March 15th will be given a $0.18 dividend. This is a positive change from Twenty-First Century Fox’s previous quarterly dividend of $0.15. The ex-dividend date is Monday, March 13th. This represents a $0.72 dividend on an annualized basis and a yield of 2.39%. Twenty-First Century Fox’s payout ratio is presently 21.95%.
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Several analysts have issued reports on FOX shares. Zacks Investment Research raised Twenty-First Century Fox from a “sell” rating to a “hold” rating in a research report on Monday, November 21st. TheStreet raised Twenty-First Century Fox from a “hold” rating to a “buy” rating in a research report on Monday, November 21st. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and twelve have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target of $33.14.
In other Twenty-First Century Fox news, insider Jeffrey W. Ubben purchased 3,000,000 shares of the company’s stock in a transaction on Friday, December 16th. The stock was acquired at an average price of $27.78 per share, for a total transaction of $83,340,000.00. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 39.40% of the stock is owned by insiders.
Twenty-First Century Fox Company 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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