Twenty-First Century Fox, Inc. (FOXA) Stake Raised by Credit Suisse AG

Credit Suisse AG boosted its stake in Twenty-First Century Fox, Inc. (NASDAQ:FOXA) by 18.0% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,431,776 shares of the company’s stock after buying an additional 370,291 shares during the period. Credit Suisse AG owned 0.13% of Twenty-First Century Fox worth $58,898,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of FOXA. Municipal Employees Retirement System of Michigan boosted its stake in Twenty-First Century Fox by 0.3% in the third quarter. Municipal Employees Retirement System of Michigan now owns 34,760 shares of the company’s stock valued at $842,000 after buying an additional 110 shares during the period. Private Bank & Trust Co. boosted its stake in Twenty-First Century Fox by 1.6% in the third quarter. Private Bank & Trust Co. now owns 11,250 shares of the company’s stock valued at $272,000 after buying an additional 175 shares during the period. Mn Services Vermogensbeheer B.V. boosted its stake in Twenty-First Century Fox by 0.8% in the third quarter. Mn Services Vermogensbeheer B.V. now owns 28,495 shares of the company’s stock valued at $690,000 after buying an additional 215 shares during the period. MSI Financial Services Inc boosted its stake in Twenty-First Century Fox by 4.0% in the third quarter. MSI Financial Services Inc now owns 7,432 shares of the company’s stock valued at $180,000 after buying an additional 284 shares during the period. Finally, Raymond James Trust N.A. boosted its stake in Twenty-First Century Fox by 7.9% in the third quarter. Raymond James Trust N.A. now owns 10,106 shares of the company’s stock valued at $244,000 after buying an additional 738 shares during the period. 53.45% of the stock is owned by institutional investors.

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

Shares of Twenty-First Century Fox, Inc. (NASDAQ:FOXA) traded down 0.70% during mid-day trading on Friday, hitting $29.91. 8,876,308 shares of the company traded hands. The stock has a market capitalization of $55.36 billion, a price-to-earnings ratio of 18.23 and a beta of 1.31. The firm has a 50-day moving average of $29.97 and a 200-day moving average of $26.91. Twenty-First Century Fox, Inc. has a one year low of $23.33 and a one year high of $31.75.

Twenty-First Century Fox (NASDAQ:FOXA) last issued its earnings results on Monday, February 6th. The company reported $0.53 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.49 by $0.04. Twenty-First Century Fox had a net margin of 10.99% and a return on equity of 24.05%. The business had revenue of $7.68 billion for the quarter, compared to analyst estimates of $7.72 billion. During the same period in the prior year, the firm earned $0.44 earnings per share. Twenty-First Century Fox’s revenue was up 4.2% on a year-over-year basis. On average, equities analysts predict that Twenty-First Century Fox, Inc. will post $1.92 earnings per share for the current year.

The firm also recently disclosed a semiannual dividend, which will be paid on Wednesday, April 19th. Shareholders of record on Wednesday, March 15th will be issued a dividend of $0.18 per share. This is an increase from Twenty-First Century Fox’s previous semiannual dividend of $0.15. The ex-dividend date of this dividend is Monday, March 13th. This represents a yield of 1.18%. Twenty-First Century Fox’s dividend payout ratio is presently 21.95%.

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A number of equities analysts have issued reports on FOXA shares. Sanford C. Bernstein reaffirmed a “market perform” rating and issued a $28.00 price objective on shares of Twenty-First Century Fox in a research note on Wednesday. Credit Suisse Group reaffirmed a “buy” rating on shares of Twenty-First Century Fox in a research note on Wednesday. Vetr raised shares of Twenty-First Century Fox from a “hold” rating to a “buy” rating and set a $31.93 price objective on the stock in a research note on Tuesday, February 7th. BMO Capital Markets reaffirmed an “outperform” rating and issued a $36.00 price objective (up from $35.00) on shares of Twenty-First Century Fox in a research note on Tuesday, February 7th. Finally, RBC Capital Markets reaffirmed a “buy” rating on shares of Twenty-First Century Fox in a research note on Tuesday, February 7th. Seven analysts have rated the stock with a hold rating and twenty-two have given a buy rating to the stock. Twenty-First Century Fox currently has an average rating of “Buy” and a consensus price target of $33.39.

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.

5 Day Chart for NASDAQ:FOXA

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