Miracle Mile Advisors LLC purchased a new position in Twenty-First Century Fox, Inc. (NASDAQ:FOXA) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 15,589 shares of the company’s stock, valued at approximately $411,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Grove Bank & Trust increased its holdings in Twenty-First Century Fox by 1,328.3% in the 2nd quarter. Grove Bank & Trust now owns 3,785 shares of the company’s stock worth $107,000 after acquiring an additional 3,520 shares in the last quarter. Rockefeller Financial Services Inc. purchased a new stake in Twenty-First Century Fox in the 3rd quarter worth $113,000. State of Alaska Department of Revenue increased its holdings in Twenty-First Century Fox by 4.8% in the 2nd quarter. State of Alaska Department of Revenue now owns 4,365 shares of the company’s stock worth $123,000 after acquiring an additional 200 shares in the last quarter. Global X Management Co. LLC increased its holdings in Twenty-First Century Fox by 9.7% in the 2nd quarter. Global X Management Co. LLC now owns 5,108 shares of the company’s stock worth $145,000 after acquiring an additional 451 shares in the last quarter. Finally, Whittier Trust Co. of Nevada Inc. increased its holdings in Twenty-First Century Fox by 76.0% in the 2nd quarter. Whittier Trust Co. of Nevada Inc. now owns 5,409 shares of the company’s stock worth $153,000 after acquiring an additional 2,336 shares in the last quarter. 53.55% of the stock is owned by institutional investors.

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FOXA has been the topic of several recent research reports. Credit Suisse Group reaffirmed a “buy” rating on shares of Twenty-First Century Fox in a research note on Thursday, August 3rd. Jefferies Group LLC reaffirmed a “buy” rating and set a $35.00 target price on shares of Twenty-First Century Fox in a research note on Saturday, July 22nd. Guggenheim reaffirmed a “buy” rating and set a $35.00 target price on shares of Twenty-First Century Fox in a research note on Wednesday, July 12th. ValuEngine raised shares of Twenty-First Century Fox from a “hold” rating to a “buy” rating in a research note on Thursday, July 6th. Finally, KeyCorp reaffirmed a “buy” rating and set a $35.00 target price on shares of Twenty-First Century Fox in a research note on Sunday, September 10th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and eighteen have issued a buy rating to the company’s stock. Twenty-First Century Fox presently has a consensus rating of “Buy” and a consensus price target of $33.35.

Twenty-First Century Fox (NASDAQ:FOXA) last issued its quarterly earnings results on Wednesday, August 9th. The company reported $0.36 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.35 by $0.01. Twenty-First Century Fox had a return on equity of 22.46% and a net margin of 10.36%. The firm had revenue of $6.75 billion for the quarter, compared to analyst estimates of $6.79 billion. During the same period last year, the company earned $0.45 EPS. The firm’s quarterly revenue was up 1.5% on a year-over-year basis.

The company also recently disclosed a semiannual dividend, which was paid on Wednesday, October 18th. Stockholders of record on Wednesday, September 13th were paid a $0.18 dividend. This represents a dividend yield of 1.29%. The ex-dividend date was Tuesday, September 12th. Twenty-First Century Fox’s dividend payout ratio is currently 22.64%.

About Twenty-First Century Fox

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.

Institutional Ownership by Quarter for Twenty-First Century Fox (NASDAQ:FOXA)

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