Twenty-First Century Fox, Inc. (NASDAQ:FOX) released its quarterly earnings results on Wednesday. The company reported $0.36 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.37 by $0.01, RTT News reports. Twenty-First Century Fox had a return on equity of 24.40% and a net margin of 10.72%. The company had revenue of $6.75 billion for the quarter. During the same period in the previous year, the business earned $0.45 EPS.

Shares of Twenty-First Century Fox (NASDAQ:FOX) traded down 0.15% on Thursday, reaching $27.47. The company had a trading volume of 3,576,560 shares. The company has a market capitalization of $50.84 billion, a price-to-earnings ratio of 16.89 and a beta of 1.19. The stock has a 50 day moving average price of $27.80 and a 200-day moving average price of $28.96. Twenty-First Century Fox has a 12 month low of $23.88 and a 12 month high of $31.94.

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 18th. Investors of record on Wednesday, September 13th will be issued a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a yield of 2.62%. The ex-dividend date is Tuesday, September 12th. Twenty-First Century Fox’s dividend payout ratio is presently 22.09%.

A number of hedge funds have recently made changes to their positions in the stock. Emory University increased its stake in shares of Twenty-First Century Fox by 6.2% in the second quarter. Emory University now owns 57,553 shares of the company’s stock valued at $1,604,000 after buying an additional 3,351 shares during the last quarter. Norinchukin Bank The increased its stake in shares of Twenty-First Century Fox by 2.7% in the second quarter. Norinchukin Bank The now owns 76,198 shares of the company’s stock valued at $2,124,000 after buying an additional 2,003 shares during the last quarter. Ameriprise Financial Inc. increased its stake in shares of Twenty-First Century Fox by 9.1% in the second quarter. Ameriprise Financial Inc. now owns 1,791,557 shares of the company’s stock valued at $49,932,000 after buying an additional 149,803 shares during the last quarter. Teachers Advisors LLC increased its stake in shares of Twenty-First Century Fox by 9.3% in the second quarter. Teachers Advisors LLC now owns 649,723 shares of the company’s stock valued at $18,108,000 after buying an additional 55,175 shares during the last quarter. Finally, Riverhead Capital Management LLC increased its stake in shares of Twenty-First Century Fox by 21.8% in the second quarter. Riverhead Capital Management LLC now owns 11,228 shares of the company’s stock valued at $313,000 after buying an additional 2,011 shares during the last quarter. 23.18% of the stock is currently owned by hedge funds and other institutional investors.

Several equities research analysts have recently commented on the company. BidaskClub cut Twenty-First Century Fox from a “sell” rating to a “strong sell” rating in a research note on Thursday. TheStreet upgraded Twenty-First Century Fox from a “c+” rating to a “b-” rating in a research note on Friday, August 4th. Finally, Zacks Investment Research upgraded Twenty-First Century Fox from a “sell” rating to a “buy” rating and set a $31.00 price target for the company in a research note on Tuesday, June 13th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and three have issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of $31.80.

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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.

Earnings History for Twenty-First Century Fox (NASDAQ:FOX)

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