Twenty-First Century Fox (NASDAQ:FOXA)‘s stock had its “market perform” rating reissued by equities researchers at Telsey Advisory Group in a research note issued to investors on Friday. They currently have a $34.00 target price on the stock, up from their prior target price of $28.00. Telsey Advisory Group’s price objective would indicate a potential downside of 2.83% from the company’s previous close.

Several other analysts have also issued reports on FOXA. ValuEngine lowered shares of Twenty-First Century Fox from a “buy” rating to a “hold” rating in a research note on Friday, September 1st. KeyCorp restated a “buy” rating and set a $35.00 price target on shares of Twenty-First Century Fox in a research report on Sunday, September 10th. Sanford C. Bernstein restated a “market perform” rating on shares of Twenty-First Century Fox in a research report on Tuesday, September 12th. Jefferies Group restated a “buy” rating and set a $35.00 price target on shares of Twenty-First Century Fox in a research report on Tuesday, September 26th. Finally, Piper Jaffray Companies restated a “buy” rating on shares of Twenty-First Century Fox in a research report on Tuesday, September 26th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and sixteen have assigned a buy rating to the company. Twenty-First Century Fox presently has a consensus rating of “Buy” and an average target price of $34.72.

Shares of Twenty-First Century Fox (FOXA) opened at $34.99 on Friday. Twenty-First Century Fox has a one year low of $24.81 and a one year high of $35.86. The company has a quick ratio of 1.73, a current ratio of 2.08 and a debt-to-equity ratio of 1.09. The stock has a market cap of $64,819.96, a price-to-earnings ratio of 18.22, a PEG ratio of 2.40 and a beta of 1.34.

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

A number of large investors have recently modified their holdings of FOXA. Bessemer Group Inc. boosted its position in Twenty-First Century Fox by 41.8% during the second quarter. Bessemer Group Inc. now owns 9,675 shares of the company’s stock worth $274,000 after purchasing an additional 2,850 shares during the period. Beach Investment Management LLC. bought a new position in Twenty-First Century Fox during the second quarter worth about $479,000. Global X Management Co. LLC boosted its position in Twenty-First Century Fox by 9.7% during the second quarter. Global X Management Co. LLC now owns 5,108 shares of the company’s stock worth $145,000 after purchasing an additional 451 shares during the period. First Trust Advisors LP boosted its position in Twenty-First Century Fox by 0.3% during the second quarter. First Trust Advisors LP now owns 351,271 shares of the company’s stock worth $9,955,000 after purchasing an additional 996 shares during the period. Finally, Legal & General Group Plc boosted its position in Twenty-First Century Fox by 0.4% during the second quarter. Legal & General Group Plc now owns 5,170,075 shares of the company’s stock worth $146,513,000 after purchasing an additional 20,426 shares during the period. Hedge funds and other institutional investors own 54.50% of the company’s stock.

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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.

Analyst Recommendations for Twenty-First Century Fox (NASDAQ:FOXA)

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