Thrivent Financial for Lutherans Acquires 192,864 Shares of News Corporation $NWSA

Thrivent Financial for Lutherans raised its holdings in shares of News Corporation (NASDAQ:NWSA) by 329.9% in the 3rd quarter, HoldingsChannel reports. The firm owned 251,326 shares of the company’s stock after buying an additional 192,864 shares during the period. Thrivent Financial for Lutherans’ holdings in News were worth $7,718,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently modified their holdings of the stock. Cullen Frost Bankers Inc. acquired a new position in News in the 2nd quarter valued at about $30,000. CYBER HORNET ETFs LLC acquired a new position in shares of News in the second quarter valued at approximately $30,000. Root Financial Partners LLC bought a new stake in News in the 3rd quarter valued at $35,000. Allworth Financial LP grew its holdings in News by 160.1% in the 2nd quarter. Allworth Financial LP now owns 3,361 shares of the company’s stock valued at $100,000 after buying an additional 2,069 shares in the last quarter. Finally, True Wealth Design LLC increased its position in News by 661.1% during the 2nd quarter. True Wealth Design LLC now owns 3,448 shares of the company’s stock worth $102,000 after buying an additional 2,995 shares during the period. Institutional investors and hedge funds own 66.97% of the company’s stock.

Wall Street Analyst Weigh In

NWSA has been the subject of a number of recent research reports. Weiss Ratings cut shares of News from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, January 12th. JPMorgan Chase & Co. decreased their target price on shares of News from $40.00 to $38.00 and set an “overweight” rating on the stock in a research report on Tuesday, November 25th. Guggenheim dropped their price target on shares of News from $45.00 to $43.00 and set a “buy” rating for the company in a research report on Thursday, November 13th. Finally, Zacks Research downgraded News from a “hold” rating to a “strong sell” rating in a research report on Wednesday. Three equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, News currently has a consensus rating of “Hold” and a consensus target price of $37.68.

News Stock Performance

Shares of News stock opened at $24.21 on Friday. The company has a current ratio of 1.76, a quick ratio of 1.63 and a debt-to-equity ratio of 0.21. The company has a market cap of $13.59 billion, a PE ratio of 11.70 and a beta of 0.99. The company has a 50 day moving average of $26.17 and a 200-day moving average of $27.47. News Corporation has a 1-year low of $23.38 and a 1-year high of $31.61.

News (NASDAQ:NWSA) last announced its quarterly earnings data on Thursday, February 5th. The company reported $0.40 EPS for the quarter, beating the consensus estimate of $0.33 by $0.07. The business had revenue of $2.36 billion during the quarter, compared to the consensus estimate of $2.30 billion. News had a net margin of 13.80% and a return on equity of 5.68%. The company’s revenue was up 5.5% on a year-over-year basis. During the same period in the previous year, the business earned $0.33 earnings per share. As a group, equities research analysts forecast that News Corporation will post 0.94 earnings per share for the current fiscal year.

News Announces Dividend

The firm also recently disclosed a dividend, which will be paid on Wednesday, April 8th. Investors of record on Wednesday, March 11th will be paid a $0.10 dividend. The ex-dividend date of this dividend is Wednesday, March 11th. This represents a yield of 83.0%. News’s dividend payout ratio (DPR) is 9.66%.

Trending Headlines about News

Here are the key news stories impacting News this week:

• Positive Sentiment: Q2 results beat expectations — reported EPS $0.40 vs. $0.33 est. and revenue $2.36B vs. $2.30B est.; revenue rose ~5.5% year-over-year. This is the primary fundamental driver supporting the stock. News Corp A earnings beat by $0.03, revenue topped estimates
• Positive Sentiment: Company signaled an expanded buyback program and continued double‑digit growth at Dow Jones and in digital real‑estate businesses — bullish for cash-return and growth narratives. News Corporation signals expanded buyback and continued double-digit growth
• Positive Sentiment: Management commentary and coverage note revenue increases driven by Dow Jones and real‑estate units, with the CEO citing favorable signs for H2 — supports medium‑term outlook. News Corp Revenue Rises on Growth at Dow Jones, Real-Estate Divisions
• Positive Sentiment: Board declared a $0.10/share dividend (record Mar 11; payable Apr 8). The cash return is supportive for income investors (the published “83.0%” yield figure appears anomalous and should be verified).
• Neutral Sentiment: Analyst mix remains mixed-to-positive — one summary shows an average recommendation of “Moderate Buy,” indicating some buy‑side support despite recent discord among firms. News Corporation Receives Average Recommendation of “Moderate Buy”
• Neutral Sentiment: Several post‑earnings writeups (Zacks previews/metrics pieces) dig into segment metrics and estimates — useful for investors digging beyond headline beats but not immediate catalysts. Compared to Estimates, News Corp. Q2 Earnings: A Look at Key Metrics
• Negative Sentiment: Zacks Research downgraded NWSA from “Hold” to “Strong Sell” — a clear near‑term headwind that likely pressured the share price despite the earnings beat. Zacks Downgrade

About News

News Corporation (NASDAQ: NWSA) is a global diversified media and information services company headquartered in New York City. It operates through two principal segments: News and Information Services, and Digital Real Estate Services. The company’s news and information division oversees a portfolio of leading newspapers, magazines and digital platforms, offering content across print and online channels. Its properties include Dow Jones, publisher of The Wall Street Journal and Barron’s, News UK titles such as The Times and The Sun, as well as News Corp Australia mastheads.

In addition to its journalism assets, News Corp is a significant player in book publishing through HarperCollins, one of the world’s largest consumer publishers.