Twenty-First Century Fox, Inc. (FOXA) Given Buy Rating at KeyCorp
Several other research analysts have also recently weighed in on FOXA. Cowen and Company reiterated a market perform rating and set a $32.00 price objective (down previously from $33.00) on shares of Twenty-First Century Fox in a research report on Thursday, August 10th. B. Riley reissued a neutral rating on shares of Twenty-First Century Fox in a report on Wednesday, November 1st. Royal Bank Of Canada reissued an outperform rating and set a $35.00 target price (up from $33.00) on shares of Twenty-First Century Fox in a report on Thursday, August 10th. Piper Jaffray Companies started coverage on Twenty-First Century Fox in a report on Friday, August 11th. They set an overweight rating and a $35.00 target price on the stock. Finally, Jefferies Group LLC reissued a buy rating and set a $35.00 target price on shares of Twenty-First Century Fox in a report on Tuesday, September 26th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and seventeen have given a buy rating to the stock. The company currently has an average rating of Buy and an average price target of $33.65.
Twenty-First Century Fox (NASDAQ:FOXA) traded down $0.49 on Friday, reaching $30.66. The company had a trading volume of 13,338,730 shares, compared to its average volume of 8,779,564. The company has a current ratio of 2.08, a quick ratio of 1.73 and a debt-to-equity ratio of 1.09. The company has a market cap of $57,170.00, a PE ratio of 16.22, a PEG ratio of 2.14 and a beta of 1.36. Twenty-First Century Fox has a twelve month low of $24.81 and a twelve month high of $32.60.
Twenty-First Century Fox (NASDAQ:FOXA) last posted its quarterly earnings data on Wednesday, November 8th. The company reported $0.49 earnings per share for the quarter, topping the consensus estimate of $0.48 by $0.01. The firm had revenue of $7 billion for the quarter, compared to analysts’ expectations of $6.80 billion. Twenty-First Century Fox had a return on equity of 21.41% and a net margin of 10.30%. The company’s quarterly revenue was up 7.6% compared to the same quarter last year. During the same quarter last year, the business earned $0.51 EPS. analysts predict that Twenty-First Century Fox will post 1.98 earnings per share for the current year.
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Institutional investors and hedge funds have recently modified their holdings of the company. Grove Bank & Trust increased its holdings in Twenty-First Century Fox by 1,328.3% in the second quarter. Grove Bank & Trust now owns 3,785 shares of the company’s stock worth $107,000 after purchasing an additional 3,520 shares in the last quarter. Mint Tower Capital Management B.V. bought a new stake in Twenty-First Century Fox in the third quarter worth approximately $110,000. Rockefeller Financial Services Inc. bought a new stake in Twenty-First Century Fox in the third quarter worth approximately $113,000. State of Alaska Department of Revenue increased its holdings in Twenty-First Century Fox by 4.8% in the second quarter. State of Alaska Department of Revenue now owns 4,365 shares of the company’s stock worth $123,000 after purchasing an additional 200 shares in the last quarter. Finally, Zions Bancorporation increased its holdings in Twenty-First Century Fox by 86.4% in the third quarter. Zions Bancorporation now owns 4,911 shares of the company’s stock worth $130,000 after purchasing an additional 2,276 shares in the last quarter. Institutional investors own 54.28% of the company’s stock.
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.
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