Commonwealth of Pennsylvania Public School Empls Retrmt SYS Increases Holdings in Twenty-First Century Fox, Inc. (FOX)

Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its holdings in shares of Twenty-First Century Fox, Inc. (NASDAQ:FOX) by 0.2% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 36,188 shares of the company’s stock after acquiring an additional 56 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Twenty-First Century Fox were worth $1,009,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Vanguard Group Inc. boosted its position in Twenty-First Century Fox by 5.6% during the 1st quarter. Vanguard Group Inc. now owns 29,473,799 shares of the company’s stock worth $936,677,000 after acquiring an additional 1,574,477 shares during the period. Yacktman Asset Management LP boosted its position in Twenty-First Century Fox by 2.7% during the 2nd quarter. Yacktman Asset Management LP now owns 27,294,255 shares of the company’s stock worth $760,691,000 after acquiring an additional 709,760 shares during the period. BlackRock Inc. boosted its position in Twenty-First Century Fox by 2,917.8% during the 1st quarter. BlackRock Inc. now owns 26,468,128 shares of the company’s stock worth $841,159,000 after acquiring an additional 25,591,062 shares during the period. State Street Corp boosted its position in Twenty-First Century Fox by 1.4% during the 1st quarter. State Street Corp now owns 19,268,852 shares of the company’s stock worth $612,358,000 after acquiring an additional 260,369 shares during the period. Finally, Morgan Stanley boosted its position in Twenty-First Century Fox by 4.5% during the 1st quarter. Morgan Stanley now owns 16,511,220 shares of the company’s stock worth $524,726,000 after acquiring an additional 716,433 shares during the period. Hedge funds and other institutional investors own 23.27% of the company’s stock.

In other news, Director David F. Devoe sold 30,149 shares of the company’s stock in a transaction dated Tuesday, August 15th. The stock was sold at an average price of $28.01, for a total transaction of $844,473.49. Following the completion of the transaction, the director now directly owns 55,647 shares of the company’s stock, valued at $1,558,672.47. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO James R. Murdoch sold 111,713 shares of the company’s stock in a transaction dated Tuesday, August 15th. The stock was sold at an average price of $27.94, for a total value of $3,121,261.22. Following the transaction, the chief executive officer now directly owns 234,236 shares of the company’s stock, valued at $6,544,553.84. The disclosure for this sale can be found here. 39.40% of the stock is owned by corporate insiders.

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Shares of Twenty-First Century Fox, Inc. (NASDAQ:FOX) opened at 25.46 on Wednesday. The stock’s 50 day moving average price is $27.30 and its 200-day moving average price is $28.40. Twenty-First Century Fox, Inc. has a 1-year low of $23.88 and a 1-year high of $31.94. The stock has a market capitalization of $47.13 billion, a P/E ratio of 16.05 and a beta of 1.20.

Twenty-First Century Fox (NASDAQ:FOX) last posted its quarterly earnings data on Wednesday, August 9th. The company reported $0.36 earnings per share for the quarter, missing the consensus estimate of $0.37 by ($0.01). The firm had revenue of $6.75 billion for the quarter. Twenty-First Century Fox had a return on equity of 22.47% and a net margin of 10.36%. During the same period in the prior year, the company earned $0.45 earnings per share. Equities research analysts anticipate that Twenty-First Century Fox, Inc. will post $2.03 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 18th. Stockholders of record on Wednesday, September 13th will be given a dividend of $0.18 per share. The ex-dividend date is Tuesday, September 12th. This represents a $0.72 annualized dividend and a dividend yield of 2.83%. Twenty-First Century Fox’s dividend payout ratio is currently 22.64%.

FOX has been the subject of a number of research reports. BidaskClub lowered Twenty-First Century Fox from a “sell” rating to a “strong sell” rating in a research report on Thursday, August 10th. TheStreet lowered Twenty-First Century Fox from a “b” rating to a “c+” rating in a research report on Wednesday, May 24th. Finally, Zacks Investment Research upgraded Twenty-First Century Fox from a “sell” rating to a “buy” rating and set a $31.00 price objective for the company in a research report on Tuesday, June 13th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and two have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of $33.00.

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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