Pacad Investment Ltd. raised its position in Twenty-First Century Fox, Inc. (NASDAQ:FOXA) by 269.2% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 55,749 shares of the company’s stock after buying an additional 40,649 shares during the period. Pacad Investment Ltd.’s holdings in Twenty-First Century Fox were worth $1,580,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of FOXA. Advisory Services Network LLC acquired a new stake in Twenty-First Century Fox during the first quarter worth $106,000. Grove Bank & Trust increased its stake in Twenty-First Century Fox by 1,328.3% in the second quarter. Grove Bank & Trust now owns 3,785 shares of the company’s stock worth $107,000 after buying an additional 3,520 shares during the period. Whittier Trust Co. increased its stake in Twenty-First Century Fox by 22.3% in the first quarter. Whittier Trust Co. now owns 3,821 shares of the company’s stock worth $124,000 after buying an additional 697 shares during the period. State of Alaska Department of Revenue acquired a new stake in Twenty-First Century Fox during the first quarter worth $134,000. Finally, TrimTabs Asset Management LLC increased its stake in Twenty-First Century Fox by 89.0% in the first quarter. TrimTabs Asset Management LLC now owns 4,384 shares of the company’s stock worth $142,000 after buying an additional 2,064 shares during the period. 53.33% of the stock is owned by institutional investors and hedge funds.

Shares of Twenty-First Century Fox, Inc. (NASDAQ:FOXA) opened at 27.59 on Friday. The stock’s 50 day moving average is $27.92 and its 200 day moving average is $29.02. The company has a market cap of $51.07 billion, a P/E ratio of 17.40 and a beta of 1.27. Twenty-First Century Fox, Inc. has a 12 month low of $23.33 and a 12 month high of $32.60.

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

The business also recently disclosed a semiannual dividend, which will be paid on Wednesday, October 18th. Stockholders of record on Wednesday, September 13th will be paid a $0.18 dividend. 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 is currently 22.64%.

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A number of equities research analysts recently weighed in on the stock. Cowen and Company reissued a “market perform” rating and set a $32.00 price target (down from $33.00) on shares of Twenty-First Century Fox in a research note on Thursday, August 10th. Royal Bank Of Canada reissued an “outperform” rating and set a $35.00 price target (up from $33.00) on shares of Twenty-First Century Fox in a research note on Thursday, August 10th. Piper Jaffray Companies assumed coverage on shares of Twenty-First Century Fox in a research note on Friday, August 11th. They set an “overweight” rating and a $35.00 price target for the company. Zacks Investment Research downgraded shares of Twenty-First Century Fox from a “hold” rating to a “sell” rating in a research note on Tuesday, July 11th. Finally, ValuEngine downgraded shares of Twenty-First Century Fox from a “buy” rating to a “hold” rating in a research note on Friday, June 2nd. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and eighteen have assigned a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus price target of $33.35.

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.

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

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