KBC Group NV Has $27.80 Million Stake in Twenty-First Century Fox Inc (FOXA)
KBC Group NV decreased its holdings in shares of Twenty-First Century Fox Inc (NASDAQ:FOXA) by 13.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 805,110 shares of the company’s stock after selling 125,097 shares during the quarter. KBC Group NV’s holdings in Twenty-First Century Fox were worth $27,800,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also made changes to their positions in FOXA. Renaissance Technologies LLC grew its stake in Twenty-First Century Fox by 240.8% in the 2nd quarter. Renaissance Technologies LLC now owns 428,500 shares of the company’s stock valued at $12,144,000 after buying an additional 302,769 shares during the last quarter. QS Investors LLC grew its stake in Twenty-First Century Fox by 24.1% in the 2nd quarter. QS Investors LLC now owns 25,675 shares of the company’s stock valued at $728,000 after buying an additional 4,994 shares during the last quarter. Janus Henderson Group PLC grew its stake in Twenty-First Century Fox by 185.7% in the 2nd quarter. Janus Henderson Group PLC now owns 384,641 shares of the company’s stock valued at $10,900,000 after buying an additional 250,011 shares during the last quarter. Sterling Capital Management LLC grew its stake in Twenty-First Century Fox by 1.2% in the 2nd quarter. Sterling Capital Management LLC now owns 8,494 shares of the company’s stock valued at $241,000 after buying an additional 99 shares during the last quarter. Finally, Verition Fund Management LLC acquired a new position in Twenty-First Century Fox in the 2nd quarter valued at $365,000. Institutional investors own 54.26% of the company’s stock.
A number of research firms recently issued reports on FOXA. B. Riley reiterated a “neutral” rating on shares of Twenty-First Century Fox in a research note on Wednesday, November 1st. Pivotal Research increased their price target on shares of Twenty-First Century Fox from $35.00 to $37.00 and gave the company a “buy” rating in a report on Thursday, December 14th. ValuEngine raised shares of Twenty-First Century Fox from a “hold” rating to a “buy” rating in a report on Friday. Piper Jaffray Companies set a $35.00 price target on shares of Twenty-First Century Fox and gave the company a “buy” rating in a report on Wednesday, November 1st. Finally, BMO Capital Markets downgraded shares of Twenty-First Century Fox from an “outperform” rating to a “market perform” rating and set a $35.00 price target for the company. in a report on Monday, December 18th. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and thirteen have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average target price of $37.60.
Twenty-First Century Fox (NASDAQ:FOXA) last released its quarterly earnings data on Wednesday, February 7th. The company reported $0.42 EPS for the quarter, topping analysts’ consensus estimates of $0.38 by $0.04. The company had revenue of $8.04 billion during the quarter, compared to the consensus estimate of $7.94 billion. Twenty-First Century Fox had a net margin of 13.49% and a return on equity of 19.01%. The firm’s revenue for the quarter was up 4.6% compared to the same quarter last year. During the same period last year, the firm earned $0.53 EPS. equities research analysts predict that Twenty-First Century Fox Inc will post 2.03 earnings per share for the current year.
The firm also recently disclosed a Semi-Annual dividend, which will be paid on Wednesday, April 18th. Stockholders of record on Wednesday, March 14th will be issued a dividend of $0.18 per share. This represents a dividend yield of 0.00503778337531486%. The ex-dividend date of this dividend is Tuesday, March 13th. Twenty-First Century Fox’s payout ratio is 16.82%.
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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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