Perpetual Ltd reduced its stake in shares of Twenty-First Century Fox, Inc. (NASDAQ:FOXA) by 3.9% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 505,900 shares of the company’s stock after selling 20,300 shares during the quarter. Twenty-First Century Fox comprises about 1.1% of Perpetual Ltd’s investment portfolio, making the stock its 16th biggest position. Perpetual Ltd’s holdings in Twenty-First Century Fox were worth $14,337,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently modified their holdings of the company. BlackRock Inc. grew its stake in shares of Twenty-First Century Fox by 2,105.9% during the first quarter. BlackRock Inc. now owns 57,769,482 shares of the company’s stock valued at $1,871,155,000 after buying an additional 55,150,610 shares during the last quarter. Capital Research Global Investors grew its stake in shares of Twenty-First Century Fox by 20.2% during the second quarter. Capital Research Global Investors now owns 85,581,646 shares of the company’s stock valued at $2,425,384,000 after buying an additional 14,398,422 shares during the last quarter. Independent Franchise Partners LLP grew its stake in shares of Twenty-First Century Fox by 19.6% during the second quarter. Independent Franchise Partners LLP now owns 26,355,484 shares of the company’s stock valued at $746,914,000 after buying an additional 4,315,548 shares during the last quarter. Point72 Asset Management L.P. grew its stake in shares of Twenty-First Century Fox by 132,582.5% during the first quarter. Point72 Asset Management L.P. now owns 2,653,649 shares of the company’s stock valued at $85,952,000 after buying an additional 2,651,649 shares during the last quarter. Finally, Northern Trust Corp grew its stake in shares of Twenty-First Century Fox by 17.4% during the second quarter. Northern Trust Corp now owns 17,652,970 shares of the company’s stock valued at $500,285,000 after buying an additional 2,621,748 shares during the last quarter. 53.30% of the stock is currently owned by institutional investors.

Twenty-First Century Fox, Inc. (FOXA) traded down 0.15% during trading on Tuesday, hitting $26.65. The company had a trading volume of 2,190,765 shares. Twenty-First Century Fox, Inc. has a 52-week low of $24.64 and a 52-week high of $32.60. The stock has a market capitalization of $49.33 billion, a price-to-earnings ratio of 16.80 and a beta of 1.26. The firm’s 50 day moving average is $26.71 and its 200-day moving average is $28.10.

Twenty-First Century Fox (NASDAQ:FOXA) last announced its earnings results on Wednesday, August 9th. The company reported $0.36 EPS for the quarter, beating analysts’ consensus estimates of $0.35 by $0.01. Twenty-First Century Fox had a net margin of 10.36% and a return on equity of 22.46%. The business had revenue of $6.75 billion during the quarter, compared to analysts’ expectations of $6.79 billion. During the same period in the prior year, the company earned $0.45 earnings per share. The business’s revenue was up 1.5% compared to the same quarter last year. On average, equities analysts forecast that Twenty-First Century Fox, Inc. will post $2.03 earnings per share for the current 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 issued 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 payout ratio is 22.64%.

A number of research analysts have recently commented on FOXA shares. Sanford C. Bernstein reaffirmed a “market perform” rating on shares of Twenty-First Century Fox in a research note on Tuesday, September 12th. KeyCorp reissued a “buy” rating and issued a $35.00 price objective on shares of Twenty-First Century Fox in a research note on Sunday, September 10th. ValuEngine cut Twenty-First Century Fox from a “buy” rating to a “hold” rating in a research note on Friday, September 1st. Credit Suisse Group reissued a “buy” rating and issued a $37.00 price objective on shares of Twenty-First Century Fox in a research note on Friday, June 30th. Finally, Jefferies Group LLC reissued a “buy” rating and issued a $35.00 price objective on shares of Twenty-First Century Fox in a research note on Saturday, July 22nd. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and eighteen have assigned a buy rating to the company. Twenty-First Century Fox presently has an average rating of “Buy” and an average price target of $33.35.

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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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