Prudential Financial Inc. reduced its position in shares of Twenty-First Century Fox, Inc. (NASDAQ:FOXA) by 7.5% during the second quarter, according to its most recent filing with the SEC. The firm owned 1,718,018 shares of the company’s stock after selling 139,585 shares during the period. Prudential Financial Inc. owned 0.09% of Twenty-First Century Fox worth $48,689,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Advisory Services Network LLC purchased a new position in shares of Twenty-First Century Fox during the first quarter worth about $106,000. Grove Bank & Trust boosted its position in shares of 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 buying an additional 3,520 shares during the period. State of Alaska Department of Revenue boosted its position in shares of 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 buying an additional 200 shares during the period. Whittier Trust Co. boosted its position in shares of Twenty-First Century Fox by 22.3% in the first quarter. Whittier Trust Co. now owns 3,821 shares of the company’s stock worth $124,000 after buying an additional 697 shares during the period. Finally, TrimTabs Asset Management LLC boosted its position in shares of Twenty-First Century Fox by 89.0% in the first quarter. TrimTabs Asset Management LLC now owns 4,384 shares of the company’s stock worth $142,000 after buying an additional 2,064 shares during the period. 53.33% of the stock is currently owned by institutional investors and hedge funds.

Twenty-First Century Fox, Inc. (FOXA) opened at 27.35 on Wednesday. The firm has a market cap of $50.63 billion, a price-to-earnings ratio of 17.24 and a beta of 1.27. The stock’s 50 day moving average is $28.01 and its 200-day moving average is $29.09. Twenty-First Century Fox, Inc. has a one year low of $23.33 and a one year high of $32.60.

Twenty-First Century Fox (NASDAQ:FOXA) last posted its quarterly earnings results on Wednesday, August 9th. The company reported $0.36 EPS for the quarter, topping the Zacks’ consensus estimate of $0.35 by $0.01. The firm had revenue of $6.75 billion for the quarter, compared to analysts’ expectations of $6.79 billion. Twenty-First Century Fox had a net margin of 10.36% and a return on equity of 22.46%. The business’s revenue for the quarter was up 1.5% on a year-over-year basis. During the same period in the prior year, the business posted $0.45 earnings per share. On average, equities research analysts expect that Twenty-First Century Fox, Inc. will post $2.03 earnings per share for the current fiscal year.

The business also recently declared a semiannual dividend, which will be paid on Wednesday, October 18th. Stockholders of record on Wednesday, September 13th will be issued a $0.18 dividend. This represents a dividend yield of 1.29%. The ex-dividend date of this dividend is Tuesday, September 12th. Twenty-First Century Fox’s payout ratio is presently 22.64%.

TRADEMARK VIOLATION NOTICE: This news story was originally published by Watch List News and is the property of of Watch List News. If you are reading this news story on another domain, it was stolen and republished in violation of US & international trademark and copyright laws. The correct version of this news story can be accessed at https://www.watchlistnews.com/twenty-first-century-fox-inc-foxa-position-reduced-by-prudential-financial-inc/1531713.html.

FOXA has been the topic of a number of recent analyst reports. Rosenblatt Securities raised shares of Twenty-First Century Fox from a “neutral” rating to a “buy” rating and set a $33.00 price objective on the stock in a research note on Thursday, May 11th. ValuEngine raised shares of Twenty-First Century Fox from a “hold” rating to a “buy” rating in a research note on Thursday, May 11th. Jefferies Group LLC reissued a “buy” rating and issued a $35.00 price objective on shares of Twenty-First Century Fox in a research note on Friday, May 12th. Instinet reissued a “buy” rating and issued a $35.00 price objective (down from $37.00) on shares of Twenty-First Century Fox in a research note on Thursday, May 11th. Finally, Credit Suisse Group reissued a “buy” rating and issued a $37.00 price objective on shares of Twenty-First Century Fox in a research note on Friday, June 30th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and eighteen have assigned a buy rating to the company’s stock. Twenty-First Century Fox currently has a consensus rating of “Buy” and a consensus price target of $33.35.

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.

Institutional Ownership by Quarter for Twenty-First Century Fox (NASDAQ:FOXA)

Receive News & Ratings for Twenty-First Century Fox Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Twenty-First Century Fox Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.