The Manufacturers Life Insurance Company Purchases 35,585 Shares of News Corporation $NWSA

Posted by Brian Himes on Aug 2nd, 2026

The Manufacturers Life Insurance Company raised its position in shares of News Corporation (NASDAQ:NWSA – Free Report) by 5.6% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 674,725 shares of the company’s stock after buying an additional 35,585 shares during the period. The Manufacturers Life Insurance Company’s holdings in News were worth $16,821,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the company. Quantinno Capital Management LP grew its position in shares of News by 174.3% in the 1st quarter. Quantinno Capital Management LP now owns 1,911,329 shares of the company’s stock worth $47,649,000 after buying an additional 1,214,648 shares during the last quarter. Lazard Asset Management LLC purchased a new stake in News during the first quarter valued at approximately $212,000. OMERS ADMINISTRATION Corp lifted its position in News by 1.7% during the first quarter. OMERS ADMINISTRATION Corp now owns 393,537 shares of the company’s stock valued at $9,811,000 after acquiring an additional 6,445 shares during the last quarter. Entropy Technologies LP boosted its stake in News by 17.8% in the first quarter. Entropy Technologies LP now owns 163,072 shares of the company’s stock valued at $4,065,000 after acquiring an additional 24,597 shares in the last quarter. Finally, Healthcare of Ontario Pension Plan Trust Fund grew its holdings in News by 57.2% in the first quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 23,263 shares of the company’s stock worth $580,000 after purchasing an additional 8,460 shares during the last quarter. 66.97% of the stock is currently owned by institutional investors.

News Trading Down 1.9%

NASDAQ NWSA opened at $27.56 on Friday. The company has a fifty day simple moving average of $26.65 and a two-hundred day simple moving average of $25.62. The stock has a market cap of $15.09 billion, a P/E ratio of 13.71 and a beta of 0.89. News Corporation has a 12-month low of $22.20 and a 12-month high of $31.61. The company has a current ratio of 1.70, a quick ratio of 1.59 and a debt-to-equity ratio of 0.21.

News (NASDAQ:NWSA – Get Free Report) last announced its quarterly earnings data on Thursday, May 7th. The company reported $0.21 earnings per share for the quarter, beating analysts’ consensus estimates of $0.16 by $0.05. News had a net margin of 12.92% and a return on equity of 6.12%. The firm had revenue of $2.19 billion for the quarter, compared to analyst estimates of $2.11 billion. During the same period in the previous year, the company earned $0.17 earnings per share. The business’s quarterly revenue was up 8.8% compared to the same quarter last year. On average, analysts forecast that News Corporation will post 1.06 earnings per share for the current year.

Analyst Ratings Changes

A number of brokerages have recently issued reports on NWSA. Weiss Ratings raised News from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, July 16th. Zacks Research upgraded News from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 9th. Morgan Stanley reaffirmed an “overweight” rating and set a $34.00 target price on shares of News in a research report on Sunday, May 10th. Citigroup decreased their price target on News from $39.00 to $38.00 and set a “buy” rating for the company in a research note on Wednesday, May 13th. Finally, Wall Street Zen raised News from a “hold” rating to a “buy” rating in a report on Saturday, May 16th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, News presently has a consensus rating of “Buy” and a consensus target price of $37.14.

Get Our Latest Research Report on NWSA

News Company Profile

(Free Report)

News Corporation (NASDAQ: NWSA) is a global diversified media and information services company headquartered in New York City. It operates through two principal segments: News and Information Services, and Digital Real Estate Services. The company’s news and information division oversees a portfolio of leading newspapers, magazines and digital platforms, offering content across print and online channels. Its properties include Dow Jones, publisher of The Wall Street Journal and Barron’s, News UK titles such as The Times and The Sun, as well as News Corp Australia mastheads.

In addition to its journalism assets, News Corp is a significant player in book publishing through HarperCollins, one of the world’s largest consumer publishers.

The Manufacturers Life Insurance Company Purchases 35,585 Shares of News Corporation $NWSA

News Trading Down 1.9%

Analyst Ratings Changes

News Company Profile

Further Reading

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