Teacher Retirement System of Texas raised its position in Twenty-First Century Fox, Inc. (NASDAQ:FOXA) by 4,665.8% during the first quarter, Holdings Channel reports. The institutional investor owned 536,865 shares of the company’s stock after buying an additional 525,600 shares during the period. Teacher Retirement System of Texas’ holdings in Twenty-First Century Fox were worth $17,389,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Advisory Services Network LLC acquired a new position in shares of Twenty-First Century Fox during the first quarter worth $106,000. Whittier Trust Co. raised 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 in the last quarter. State of Alaska Department of Revenue acquired a new position in shares of Twenty-First Century Fox during the first quarter worth $134,000. TrimTabs Asset Management LLC raised 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 in the last quarter. Finally, Bronfman E.L. Rothschild L.P. raised its position in shares of Twenty-First Century Fox by 3.5% in the first quarter. Bronfman E.L. Rothschild L.P. now owns 4,495 shares of the company’s stock worth $146,000 after buying an additional 151 shares in the last quarter. 55.07% of the stock is currently owned by hedge funds and other institutional investors.

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

Twenty-First Century Fox, Inc. (FOXA) traded down 1.05% during trading on Friday, reaching $27.45. The company had a trading volume of 9,902,383 shares. Twenty-First Century Fox, Inc. has a 52-week low of $23.33 and a 52-week high of $32.60. The company has a 50-day moving average price of $27.96 and a 200 day moving average price of $29.52. The stock has a market cap of $50.81 billion, a PE ratio of 16.88 and a beta of 1.34.

Twenty-First Century Fox (NASDAQ:FOXA) last issued its earnings results on Wednesday, May 10th. The company reported $0.54 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.48 by $0.06. The business had revenue of $7.56 billion during the quarter, compared to analysts’ expectations of $7.63 billion. Twenty-First Century Fox had a return on equity of 24.40% and a net margin of 10.72%. Twenty-First Century Fox’s revenue was up 4.6% compared to the same quarter last year. During the same quarter last year, the firm posted $0.47 earnings per share. On average, analysts anticipate that Twenty-First Century Fox, Inc. will post $1.94 earnings per share for the current year.

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A number of research analysts recently weighed in on FOXA shares. ValuEngine raised Twenty-First Century Fox from a “hold” rating to a “buy” rating in a report on Thursday, May 11th. Rosenblatt Securities upgraded Twenty-First Century Fox from a “neutral” rating to a “buy” rating and set a $33.00 target price on the stock in a research report on Thursday, May 11th. Pivotal Research reiterated a “buy” rating and set a $37.00 target price (up from $36.00) on shares of Twenty-First Century Fox in a research report on Sunday, April 23rd. Guggenheim reiterated a “buy” rating and set a $35.00 target price (up from $34.00) on shares of Twenty-First Century Fox in a research report on Friday, April 14th. Finally, Royal Bank Of Canada reiterated a “buy” rating on shares of Twenty-First Century Fox in a research report on Tuesday, April 11th. Six research analysts have rated the stock with a hold rating and eighteen have issued a buy rating to the company. The company currently has an average rating of “Buy” and a consensus target price of $33.20.

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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