Pinebridge Investments L.P. lifted its position in shares of Twenty-First Century Fox, Inc. (NASDAQ:FOXA) by 1,420.9% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 298,959 shares of the company’s stock after buying an additional 279,302 shares during the period. Pinebridge Investments L.P.’s holdings in Twenty-First Century Fox were worth $7,886,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in FOXA. Westside Investment Management Inc. increased its stake in Twenty-First Century Fox by 73.0% in the 3rd quarter. Westside Investment Management Inc. now owns 11,791 shares of the company’s stock worth $313,000 after purchasing an additional 4,975 shares during the period. Westfield Capital Management Co. LP increased its stake in Twenty-First Century Fox by 6.2% in the 3rd quarter. Westfield Capital Management Co. LP now owns 2,584,313 shares of the company’s stock worth $68,174,000 after purchasing an additional 151,357 shares during the period. Commerzbank Aktiengesellschaft FI increased its stake in Twenty-First Century Fox by 40.2% in the 3rd quarter. Commerzbank Aktiengesellschaft FI now owns 207,068 shares of the company’s stock worth $5,462,000 after purchasing an additional 59,425 shares during the period. Skandinaviska Enskilda Banken AB publ increased its stake in Twenty-First Century Fox by 3.8% in the 3rd quarter. Skandinaviska Enskilda Banken AB publ now owns 198,642 shares of the company’s stock worth $5,240,000 after purchasing an additional 7,300 shares during the period. Finally, KBC Group NV increased its stake in Twenty-First Century Fox by 0.6% in the 3rd quarter. KBC Group NV now owns 930,207 shares of the company’s stock worth $24,538,000 after purchasing an additional 5,364 shares during the period. 54.50% of the stock is currently owned by institutional investors.

Shares of Twenty-First Century Fox, Inc. (NASDAQ:FOXA) opened at $32.19 on Monday. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.73 and a current ratio of 2.08. Twenty-First Century Fox, Inc. has a 1 year low of $24.81 and a 1 year high of $32.60. The firm has a market capitalization of $59,632.87, a P/E ratio of 16.77, a P/E/G ratio of 2.21 and a beta of 1.34.

Twenty-First Century Fox (NASDAQ:FOXA) last released its quarterly earnings results on Wednesday, November 8th. The company reported $0.49 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.48 by $0.01. Twenty-First Century Fox had a return on equity of 21.41% and a net margin of 10.30%. The company had revenue of $7 billion for the quarter, compared to analyst estimates of $6.80 billion. During the same period in the previous year, the company posted $0.51 earnings per share. The firm’s revenue was up 7.6% on a year-over-year basis. research analysts predict that Twenty-First Century Fox, Inc. will post 1.98 EPS for the current fiscal year.

A number of equities analysts have commented on the company. BMO Capital Markets reaffirmed a “buy” rating and issued a $35.00 price target on shares of Twenty-First Century Fox in a research note on Wednesday, November 22nd. KeyCorp reiterated a “buy” rating and issued a $35.00 price objective on shares of Twenty-First Century Fox in a research report on Sunday, November 19th. B. Riley lifted their price objective on Twenty-First Century Fox from $29.00 to $36.00 and gave the stock a “neutral” rating in a research report on Friday, November 17th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $34.00 price objective (down from $35.00) on shares of Twenty-First Century Fox in a research report on Thursday, November 9th. Finally, Zacks Investment Research lowered Twenty-First Century Fox from a “hold” rating to a “sell” rating in a research report on Wednesday, November 1st. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and seventeen have issued a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus target price of $33.60.

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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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