CIBC Asset Management Inc boosted its stake in Twenty-First Century Fox, Inc. (NASDAQ:FOX) by 6.2% during the second quarter, Holdings Channel reports. The firm owned 55,149 shares of the company’s stock after buying an additional 3,218 shares during the period. CIBC Asset Management Inc’s holdings in Twenty-First Century Fox were worth $1,537,000 as of its most recent filing with the SEC.

Other large investors have also recently modified their holdings of the company. Mitsubishi UFJ Trust & Banking Corp raised its stake in Twenty-First Century Fox by 3.0% in the first quarter. Mitsubishi UFJ Trust & Banking Corp now owns 896,584 shares of the company’s stock worth $28,493,000 after buying an additional 25,866 shares during the period. Stifel Financial Corp raised its stake in Twenty-First Century Fox by 0.8% in the first quarter. Stifel Financial Corp now owns 40,876 shares of the company’s stock worth $1,295,000 after buying an additional 344 shares during the period. DnB Asset Management AS raised its stake in Twenty-First Century Fox by 6.6% in the first quarter. DnB Asset Management AS now owns 46,732 shares of the company’s stock worth $1,485,000 after buying an additional 2,900 shares during the period. NINE MASTS CAPITAL Ltd raised its stake in Twenty-First Century Fox by 27.8% in the first quarter. NINE MASTS CAPITAL Ltd now owns 1,402,254 shares of the company’s stock worth $44,564,000 after buying an additional 304,666 shares during the period. Finally, Capstone Asset Management Co. raised its stake in Twenty-First Century Fox by 5.1% in the first quarter. Capstone Asset Management Co. now owns 14,510 shares of the company’s stock worth $461,000 after buying an additional 710 shares during the period. 23.18% of the stock is owned by hedge funds and other institutional investors.

Shares of Twenty-First Century Fox, Inc. (FOX) opened at 27.51 on Thursday. The company has a market cap of $50.92 billion, a price-to-earnings ratio of 16.92 and a beta of 1.19. The stock has a 50 day moving average price of $27.79 and a 200-day moving average price of $28.97. Twenty-First Century Fox, Inc. has a 1-year low of $23.88 and a 1-year high of $31.94.

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

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A number of equities research analysts have recently weighed in on the company. TheStreet raised Twenty-First Century Fox from a “c+” rating to a “b-” rating in a research note on Friday, August 4th. BidaskClub raised Twenty-First Century Fox from a “strong sell” rating to a “sell” rating in a research note on Monday, July 31st. Finally, Zacks Investment Research raised Twenty-First Century Fox from a “sell” rating to a “buy” rating and set a $31.00 target price for the company in a research note on Tuesday, June 13th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and three have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $31.80.

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

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