Twenty-First Century Fox Inc (NASDAQ:FOXA) was the target of a large drop in short interest during the month of November. As of November 30th, there was short interest totalling 23,649,867 shares, a drop of 18.0% from the November 15th total of 28,840,245 shares. Currently, 2.3% of the company’s shares are short sold. Based on an average daily volume of 10,876,356 shares, the short-interest ratio is presently 2.2 days.

Twenty-First Century Fox (NASDAQ FOXA) opened at $35.19 on Tuesday. Twenty-First Century Fox has a 12-month low of $24.81 and a 12-month high of $35.86. The company has a debt-to-equity ratio of 1.09, a current ratio of 2.08 and a quick ratio of 1.73. The firm has a market capitalization of $64,819.96, a PE 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 quarterly earnings data on Wednesday, November 8th. The company reported $0.49 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.48 by $0.01. Twenty-First Century Fox had a return on equity of 21.02% and a net margin of 12.91%. The firm had revenue of $7 billion during the quarter, compared to analyst estimates of $6.80 billion. During the same period last year, the company posted $0.51 EPS. The business’s quarterly revenue was up 7.6% on a year-over-year basis. research analysts predict that Twenty-First Century Fox will post 1.98 earnings per share for the current year.

Institutional investors and hedge funds have recently modified their holdings of the company. Mint Tower Capital Management B.V. acquired a new stake in shares of Twenty-First Century Fox in the 3rd quarter valued at about $110,000. Rockefeller Financial Services Inc. acquired a new stake in shares of Twenty-First Century Fox in the 3rd quarter valued at about $113,000. Zions Bancorporation grew its stake in shares of Twenty-First Century Fox by 86.4% in the 3rd quarter. Zions Bancorporation now owns 4,911 shares of the company’s stock valued at $130,000 after buying an additional 2,276 shares during the period. Global X Management Co. LLC grew its stake in shares of Twenty-First Century Fox by 9.7% in the 2nd quarter. Global X Management Co. LLC now owns 5,108 shares of the company’s stock valued at $145,000 after buying an additional 451 shares during the period. Finally, Tiedemann Wealth Management LLC acquired a new stake in shares of Twenty-First Century Fox in the 3rd quarter valued at about $148,000. Institutional investors own 54.50% of the company’s stock.

FOXA has been the subject of several analyst reports. Guggenheim reaffirmed a “buy” rating and set a $35.00 target price on shares of Twenty-First Century Fox in a research report on Tuesday, October 10th. Piper Jaffray Companies set a $35.00 target price on Twenty-First Century Fox and gave the stock a “buy” rating in a research report on Wednesday, November 1st. Jefferies Group reaffirmed a “buy” rating and set a $35.00 target price on shares of Twenty-First Century Fox in a research report on Tuesday, September 26th. KeyCorp reaffirmed a “buy” rating and set a $35.00 target price on shares of Twenty-First Century Fox in a research report on Sunday, September 10th. Finally, BMO Capital Markets reaffirmed a “buy” rating and set a $35.00 target price on shares of Twenty-First Century Fox in a research report on Wednesday, November 22nd. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and fifteen have issued a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average price target of $34.72.

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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.

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