Tower Research Capital LLC TRC grew its stake in Twenty-First Century Fox Inc (NASDAQ:FOX) by 102.8% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 19,881 shares of the company’s stock after purchasing an additional 10,076 shares during the period. Tower Research Capital LLC TRC’s holdings in Twenty-First Century Fox were worth $678,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other hedge funds also recently bought and sold shares of the company. UBS Asset Management Americas Inc. grew its position in shares of Twenty-First Century Fox by 3.3% in the fourth quarter. UBS Asset Management Americas Inc. now owns 1,231,937 shares of the company’s stock valued at $42,034,000 after purchasing an additional 39,900 shares in the last quarter. BlackRock Inc. grew its position in Twenty-First Century Fox by 3.5% in the fourth quarter. BlackRock Inc. now owns 25,798,234 shares of the company’s stock worth $880,235,000 after acquiring an additional 871,395 shares during the period. Rhumbline Advisers grew its position in Twenty-First Century Fox by 0.4% in the fourth quarter. Rhumbline Advisers now owns 737,942 shares of the company’s stock worth $25,179,000 after acquiring an additional 2,713 shares during the period. Levin Capital Strategies L.P. purchased a new position in Twenty-First Century Fox in the fourth quarter worth approximately $712,000. Finally, Arizona State Retirement System grew its position in Twenty-First Century Fox by 2.2% in the fourth quarter. Arizona State Retirement System now owns 111,274 shares of the company’s stock worth $3,797,000 after acquiring an additional 2,374 shares during the period. Institutional investors and hedge funds own 23.38% of the company’s stock.
In other news, EVP Gerson Zweifach sold 110,728 shares of the firm’s stock in a transaction on Monday, December 18th. The stock was sold at an average price of $34.90, for a total transaction of $3,864,407.20. Following the completion of the transaction, the executive vice president now directly owns 36,007 shares in the company, valued at $1,256,644.30. The transaction was disclosed in a document filed with the SEC, which is available at this link. Company insiders own 39.40% of the company’s stock.
FOX has been the subject of several analyst reports. BidaskClub upgraded Twenty-First Century Fox from a “strong sell” rating to a “sell” rating in a research report on Saturday, November 11th. OTR Global upgraded Twenty-First Century Fox to a “positive” rating in a research report on Monday, October 30th. One research analyst has rated the stock with a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Twenty-First Century Fox currently has an average rating of “Buy” and an average target price of $34.00.
Twenty-First Century Fox Inc (NASDAQ FOX) opened at $37.04 on Tuesday. The firm has a market capitalization of $68,617.64, a P/E ratio of 17.31 and a beta of 1.25. Twenty-First Century Fox Inc has a 52-week low of $24.30 and a 52-week high of $38.56. The company has a debt-to-equity ratio of 0.98, a current ratio of 2.16 and a quick ratio of 1.77.
Twenty-First Century Fox (NASDAQ:FOX) last issued its quarterly earnings data on Wednesday, February 7th. The company reported $0.42 earnings per share for the quarter, topping the consensus estimate of $0.38 by $0.04. Twenty-First Century Fox had a return on equity of 19.01% and a net margin of 13.49%. The company had revenue of $8.04 billion during the quarter.
The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 18th. Stockholders of record on Wednesday, March 14th will be given a dividend of $0.18 per share. The ex-dividend date is Tuesday, March 13th. This represents a $0.72 annualized dividend and a dividend yield of 1.94%. Twenty-First Century Fox’s dividend payout ratio is currently 16.82%.
Twenty-First Century Fox 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.
Want to see what other hedge funds are holding FOX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Twenty-First Century Fox Inc (NASDAQ:FOX).
Receive News & Ratings for Twenty-First Century Fox Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Twenty-First Century Fox and related companies with MarketBeat.com's FREE daily email newsletter.