Twenty-First Century Fox, Inc. (NASDAQ:FOXA) – Equities researchers at Jefferies Group reduced their Q1 2018 earnings estimates for Twenty-First Century Fox in a research report issued on Wednesday. Jefferies Group analyst J. Janedis now expects that the company will post earnings of $0.48 per share for the quarter, down from their prior estimate of $0.53. Jefferies Group has a “Buy” rating and a $35.00 price objective on the stock. Jefferies Group also issued estimates for Twenty-First Century Fox’s Q2 2018 earnings at $0.45 EPS, Q3 2018 earnings at $0.49 EPS, Q4 2018 earnings at $0.53 EPS, Q1 2019 earnings at $0.53 EPS, Q2 2019 earnings at $0.51 EPS, Q3 2019 earnings at $0.50 EPS, Q4 2019 earnings at $0.60 EPS and FY2020 earnings at $2.48 EPS.

Twenty-First Century Fox (NASDAQ:FOXA) last released its quarterly earnings data on Wednesday, August 9th. The company reported $0.36 EPS for the quarter, topping analysts’ consensus estimates of $0.35 by $0.01. Twenty-First Century Fox had a return on equity of 22.94% and a net margin of 10.36%. The firm had revenue of $6.75 billion for the quarter, compared to the consensus estimate of $6.79 billion. During the same quarter in the prior year, the company posted $0.45 earnings per share. The firm’s revenue was up 1.5% on a year-over-year basis.

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A number of other equities research analysts have also issued reports on the company. Rosenblatt Securities raised Twenty-First Century Fox from a “neutral” rating to a “buy” rating and set a $33.00 target price on the stock in a research report on Thursday, May 11th. Guggenheim reissued a “buy” rating and issued a $35.00 target price (up previously from $34.00) on shares of Twenty-First Century Fox in a research report on Friday, April 14th. BMO Capital Markets set a $36.00 target price on Twenty-First Century Fox and gave the company a “buy” rating in a research report on Friday, June 16th. ValuEngine raised Twenty-First Century Fox from a “hold” rating to a “buy” rating in a research report on Thursday, May 11th. Finally, Credit Suisse Group reissued a “buy” rating and issued a $37.00 target price on shares of Twenty-First Century Fox in a research report on Friday, June 30th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and nineteen have issued a buy rating to the company. The company has an average rating of “Buy” and a consensus target price of $33.23.

Twenty-First Century Fox (FOXA) traded up 1.15% during trading on Friday, reaching $28.20. The company had a trading volume of 3,554,817 shares. The company has a 50 day moving average price of $28.13 and a 200 day moving average price of $29.37. Twenty-First Century Fox has a 52-week low of $23.33 and a 52-week high of $32.60. The company has a market capitalization of $52.28 billion, a PE ratio of 17.72 and a beta of 1.27.

A number of hedge funds have recently added to or reduced their stakes in FOXA. State of Alaska Department of Revenue purchased a new stake in Twenty-First Century Fox during the first quarter valued at about $134,000. Oakbrook Investments LLC increased its stake in Twenty-First Century Fox by 91.9% in the first quarter. Oakbrook Investments LLC now owns 146,000 shares of the company’s stock valued at $4,729,000 after buying an additional 69,900 shares during the period. Hartford Financial Management Inc. increased its stake in Twenty-First Century Fox by 2.4% in the first quarter. Hartford Financial Management Inc. now owns 46,575 shares of the company’s stock valued at $1,508,000 after buying an additional 1,108 shares during the period. Quantitative Systematic Strategies LLC purchased a new stake in Twenty-First Century Fox during the first quarter valued at about $1,811,000. Finally, DnB Asset Management AS increased its stake in Twenty-First Century Fox by 7.3% in the first quarter. DnB Asset Management AS now owns 117,150 shares of the company’s stock valued at $3,794,000 after buying an additional 8,000 shares during the period. Institutional investors and hedge funds own 53.96% of the company’s stock.

The company also recently declared a semiannual dividend, which will be paid on Wednesday, October 18th. Investors 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 yield of 1.29%. Twenty-First Century Fox’s dividend payout ratio (DPR) is presently 22.64%.

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.

Earnings History and Estimates for Twenty-First Century Fox (NASDAQ:FOXA)

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