Municipal Employees Retirement System of Michigan trimmed its stake in shares of Twenty-First Century Fox Inc (NASDAQ:FOX) by 28.1% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,350 shares of the company’s stock after selling 4,440 shares during the quarter. Municipal Employees Retirement System of Michigan’s holdings in Twenty-First Century Fox were worth $293,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently modified their holdings of the company. Vanguard Group Inc. raised its position in shares of Twenty-First Century Fox by 3.7% during the second quarter. Vanguard Group Inc. now owns 30,550,996 shares of the company’s stock worth $851,456,000 after acquiring an additional 1,077,197 shares during the last quarter. Yacktman Asset Management LP increased its holdings in Twenty-First Century Fox by 0.8% in the third quarter. Yacktman Asset Management LP now owns 27,514,056 shares of the company’s stock worth $709,588,000 after purchasing an additional 219,801 shares in the last quarter. Diamond Hill Capital Management Inc. increased its holdings in Twenty-First Century Fox by 2.9% in the third quarter. Diamond Hill Capital Management Inc. now owns 7,168,686 shares of the company’s stock worth $184,880,000 after purchasing an additional 199,015 shares in the last quarter. State of Wisconsin Investment Board increased its holdings in Twenty-First Century Fox by 556.4% in the third quarter. State of Wisconsin Investment Board now owns 5,714,957 shares of the company’s stock worth $147,389,000 after purchasing an additional 4,844,318 shares in the last quarter. Finally, The Manufacturers Life Insurance Company increased its holdings in Twenty-First Century Fox by 185.9% in the second quarter. The Manufacturers Life Insurance Company now owns 5,128,361 shares of the company’s stock worth $142,927,000 after purchasing an additional 3,334,740 shares in the last quarter. Institutional investors own 23.42% of the company’s stock.

Shares of Twenty-First Century Fox Inc (FOX) opened at $33.27 on Tuesday. The company has a quick ratio of 1.73, a current ratio of 2.08 and a debt-to-equity ratio of 1.09. Twenty-First Century Fox Inc has a one year low of $24.30 and a one year high of $34.34. The company has a market capitalization of $61,077.85, a P/E ratio of 17.17 and a beta of 1.27.

FOX has been the subject of a number of research analyst reports. BidaskClub upgraded Twenty-First Century Fox from a “sell” rating to a “hold” rating in a report on Saturday, December 2nd. OTR Global upgraded Twenty-First Century Fox to a “positive” rating in a report on Monday, October 30th. Two equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The company currently has an average rating of “Buy” and an average price target of $34.00.

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Twenty-First Century Fox 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:FOX)

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