Chicago Partners Investment Group LLC Has $127,000 Holdings in Twenty-First Century Fox Inc (FOXA)

Chicago Partners Investment Group LLC boosted its stake in Twenty-First Century Fox Inc (NASDAQ:FOXA) by 298.9% during the third quarter, HoldingsChannel.com reports. The firm owned 2,800 shares of the company’s stock after buying an additional 2,098 shares during the period. Chicago Partners Investment Group LLC’s holdings in Twenty-First Century Fox were worth $127,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in FOXA. Egerton Capital UK LLP increased its stake in Twenty-First Century Fox by 93.4% in the 2nd quarter. Egerton Capital UK LLP now owns 26,833,499 shares of the company’s stock worth $1,333,357,000 after purchasing an additional 12,957,606 shares during the period. Morgan Stanley increased its stake in shares of Twenty-First Century Fox by 48.6% during the second quarter. Morgan Stanley now owns 21,990,447 shares of the company’s stock valued at $1,092,706,000 after buying an additional 7,189,693 shares during the period. Senator Investment Group LP purchased a new position in shares of Twenty-First Century Fox during the second quarter valued at approximately $238,415,000. Arrowgrass Capital Partners US LP purchased a new position in shares of Twenty-First Century Fox during the second quarter valued at approximately $147,582,000. Finally, Numen Capital LLP purchased a new position in shares of Twenty-First Century Fox during the second quarter valued at approximately $98,496,000. 53.99% of the stock is currently owned by institutional investors and hedge funds.

NASDAQ FOXA opened at $48.16 on Friday. The company has a debt-to-equity ratio of 0.84, a quick ratio of 1.90 and a current ratio of 2.45. Twenty-First Century Fox Inc has a twelve month low of $27.53 and a twelve month high of $50.15. The company has a market cap of $88.63 billion, a P/E ratio of 23.92, a PEG ratio of 2.92 and a beta of 1.21.

Twenty-First Century Fox (NASDAQ:FOXA) last released its quarterly earnings results on Wednesday, November 7th. The company reported $0.52 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.52. Twenty-First Century Fox had a return on equity of 18.01% and a net margin of 16.01%. The company had revenue of $7.18 billion for the quarter, compared to analyst estimates of $7.23 billion. During the same period in the previous year, the company posted $0.49 earnings per share. The firm’s revenue was up 2.5% on a year-over-year basis. Research analysts predict that Twenty-First Century Fox Inc will post 1.96 EPS for the current fiscal year.

Several equities analysts have recently issued reports on FOXA shares. Zacks Investment Research cut Twenty-First Century Fox from a “hold” rating to a “sell” rating in a research note on Tuesday, October 9th. Pivotal Research reissued a “hold” rating and set a $45.00 target price on shares of Twenty-First Century Fox in a research note on Thursday. Evercore ISI started coverage on Twenty-First Century Fox in a research note on Monday, November 5th. They set an “outperform” rating and a $52.00 target price on the stock. Macquarie boosted their target price on Twenty-First Century Fox from $46.00 to $49.00 and gave the company a “neutral” rating in a research note on Thursday, September 6th. Finally, Morgan Stanley reissued an “overweight” rating and set a $53.00 target price on shares of Twenty-First Century Fox in a research note on Monday, October 15th. One analyst has rated the stock with a sell rating, eight have given a hold rating and thirteen have given a buy rating to the stock. Twenty-First Century Fox has an average rating of “Buy” and a consensus price target of $46.06.

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Twenty-First Century Fox Company Profile

Twenty-First Century Fox, Inc operates as a diversified media and entertainment company primarily in the United States and Canada, Europe, and internationally. It operates through Cable Network Programming, Television, and Filmed Entertainment segments. The company produces and licenses news, business news, sports, general entertainment, factual entertainment, and movie programming for distribution primarily through cable television systems, direct broadcast satellite operators, telecommunication companies, and online video distributors.

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

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