HighPoint Advisor Group LLC Buys Shares of 28,075 Twenty-First Century Fox, Inc. (FOX)

HighPoint Advisor Group LLC bought a new position in shares of Twenty-First Century Fox, Inc. (NASDAQ:FOX) during the third quarter, Holdings Channel reports. The institutional investor bought 28,075 shares of the company’s stock, valued at approximately $781,000.

Several other institutional investors have also made changes to their positions in the stock. Mitsubishi UFJ Trust & Banking Corp increased its stake in shares of Twenty-First Century Fox by 0.9% in the third quarter. Mitsubishi UFJ Trust & Banking Corp now owns 884,906 shares of the company’s stock valued at $21,893,000 after buying an additional 8,007 shares during the period. TIAA CREF Investment Management LLC increased its stake in shares of Twenty-First Century Fox by 6.4% in the third quarter. TIAA CREF Investment Management LLC now owns 1,723,000 shares of the company’s stock valued at $42,627,000 after buying an additional 102,928 shares during the period. APG Asset Management N.V. increased its stake in shares of Twenty-First Century Fox by 29.6% in the third quarter. APG Asset Management N.V. now owns 1,272,076 shares of the company’s stock valued at $31,471,000 after buying an additional 290,200 shares during the period. Hartford Investment Management Co. increased its stake in shares of Twenty-First Century Fox by 13.2% in the third quarter. Hartford Investment Management Co. now owns 116,822 shares of the company’s stock valued at $2,890,000 after buying an additional 13,655 shares during the period. Finally, BlackRock Group LTD increased its stake in shares of Twenty-First Century Fox by 3.9% in the third quarter. BlackRock Group LTD now owns 3,534,753 shares of the company’s stock valued at $87,451,000 after buying an additional 134,011 shares during the period. 23.18% of the stock is owned by institutional investors and hedge funds.

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

Twenty-First Century Fox, Inc. (NASDAQ:FOX) traded down 0.34% on Monday, hitting $29.55. 984,068 shares of the company were exchanged. The company has a market capitalization of $54.69 billion, a P/E ratio of 18.01 and a beta of 1.23. Twenty-First Century Fox, Inc. has a 52 week low of $23.88 and a 52 week high of $31.30. The firm’s 50 day moving average is $29.41 and its 200 day moving average is $26.92.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 19th. Stockholders of record on Wednesday, March 15th will be issued a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a dividend yield of 2.43%. This is a boost from Twenty-First Century Fox’s previous quarterly dividend of $0.15. The ex-dividend date is Monday, March 13th. Twenty-First Century Fox’s payout ratio is presently 21.95%.

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A number of equities research analysts have commented on the stock. Zacks Investment Research raised shares of Twenty-First Century Fox from a “sell” rating to a “hold” rating in a research report on Tuesday, December 13th. TheStreet raised shares of Twenty-First Century Fox from a “hold” rating to a “buy” rating in a research report on Monday, November 21st. One investment analyst has rated the stock with a sell rating, six have given a hold rating and twelve have assigned a buy rating to the company. The stock has an average rating of “Buy” and a consensus target price of $33.14.

In other Twenty-First Century Fox news, insider Jeffrey W. Ubben bought 3,000,000 shares of the business’s stock in a transaction dated Friday, December 16th. The shares were acquired at an average cost of $27.78 per share, with a total value of $83,340,000.00. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Insiders own 39.40% of the company’s stock.

About Twenty-First Century Fox

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.

5 Day Chart for NASDAQ:FOX

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).

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