Balyasny Asset Management LLC reduced its position in shares of Twenty-First Century Fox, Inc. (NASDAQ:FOXA) by 51.7% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 727,724 shares of the company’s stock after selling 778,246 shares during the quarter. Balyasny Asset Management LLC’s holdings in Twenty-First Century Fox were worth $20,624,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Vanguard Group Inc. lifted its stake in shares of Twenty-First Century Fox by 0.4% in the 2nd quarter. Vanguard Group Inc. now owns 67,589,972 shares of the company’s stock worth $1,915,500,000 after purchasing an additional 287,817 shares during the period. BlackRock Inc. boosted its holdings in shares of Twenty-First Century Fox by 2.5% in the second quarter. BlackRock Inc. now owns 59,202,463 shares of the company’s stock worth $1,677,798,000 after buying an additional 1,432,981 shares during the last quarter. State Street Corp boosted its holdings in shares of Twenty-First Century Fox by 2.6% in the first quarter. State Street Corp now owns 45,901,829 shares of the company’s stock worth $1,486,981,000 after buying an additional 1,152,570 shares during the last quarter. Wellington Management Group LLP boosted its holdings in shares of Twenty-First Century Fox by 4.4% in the first quarter. Wellington Management Group LLP now owns 34,076,667 shares of the company’s stock worth $1,103,742,000 after buying an additional 1,437,559 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its holdings in shares of Twenty-First Century Fox by 8.7% in the second quarter. JPMorgan Chase & Co. now owns 26,630,790 shares of the company’s stock worth $754,718,000 after buying an additional 2,140,568 shares during the last quarter. 53.34% of the stock is owned by hedge funds and other institutional investors.

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Twenty-First Century Fox, Inc. (NASDAQ FOXA) opened at 26.43 on Monday. The company has a market cap of $48.92 billion, a P/E ratio of 16.66 and a beta of 1.26. The firm’s 50 day moving average is $27.35 and its 200 day moving average is $28.66. Twenty-First Century Fox, Inc. has a 12-month low of $24.04 and a 12-month high of $32.60.

Twenty-First Century Fox (NASDAQ:FOXA) last posted its quarterly earnings data on Wednesday, August 9th. The company reported $0.36 EPS for the quarter, beating the Zacks’ consensus estimate of $0.35 by $0.01. The business had revenue of $6.75 billion during the quarter, compared to analysts’ expectations of $6.79 billion. Twenty-First Century Fox had a return on equity of 22.46% and a net margin of 10.36%. The business’s revenue was up 1.5% compared to the same quarter last year. During the same period in the previous year, the business earned $0.45 earnings per share. Equities research analysts anticipate that Twenty-First Century Fox, Inc. will post $2.03 EPS for the current fiscal year.

The firm also recently announced a semiannual dividend, which will be paid on Wednesday, October 18th. Stockholders of record on Wednesday, September 13th will be given a dividend of $0.18 per share. The ex-dividend date of this dividend is Tuesday, September 12th. This represents a dividend yield of 1.29%. Twenty-First Century Fox’s dividend payout ratio (DPR) is 22.64%.

Several analysts recently issued reports on FOXA shares. Jefferies Group LLC restated a “buy” rating and set a $35.00 target price on shares of Twenty-First Century Fox in a research report on Tuesday, September 26th. Piper Jaffray Companies initiated coverage on shares of Twenty-First Century Fox in a research report on Friday, August 11th. They issued an “overweight” rating and a $35.00 price target on the stock. KeyCorp reiterated a “buy” rating and issued a $35.00 price target on shares of Twenty-First Century Fox in a research report on Sunday, September 10th. BMO Capital Markets set a $36.00 price target on shares of Twenty-First Century Fox and gave the stock a “buy” rating in a research note on Friday, June 16th. Finally, Credit Suisse Group reiterated a “buy” rating on shares of Twenty-First Century Fox in a research note on Thursday, August 3rd. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and eighteen have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average price target of $33.43.

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

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