Crossmark Global Holdings Inc. Decreases Position in Twenty-First Century Fox Inc (FOXA)

Crossmark Global Holdings Inc. decreased its position in shares of Twenty-First Century Fox Inc (NASDAQ:FOXA) by 7.9% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 65,759 shares of the company’s stock after selling 5,673 shares during the quarter. Crossmark Global Holdings Inc.’s holdings in Twenty-First Century Fox were worth $3,047,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Kaizen Advisory LLC lifted its holdings in Twenty-First Century Fox by 121.8% in the second quarter. Kaizen Advisory LLC now owns 2,278 shares of the company’s stock valued at $113,000 after acquiring an additional 1,251 shares during the period. Centaurus Financial Inc. acquired a new position in Twenty-First Century Fox in the second quarter valued at approximately $115,000. Chicago Partners Investment Group LLC lifted its holdings in Twenty-First Century Fox by 298.9% in the third quarter. Chicago Partners Investment Group LLC now owns 2,800 shares of the company’s stock valued at $127,000 after acquiring an additional 2,098 shares during the period. First Hawaiian Bank acquired a new position in Twenty-First Century Fox in the third quarter valued at approximately $137,000. Finally, Sun Life Financial INC lifted its holdings in Twenty-First Century Fox by 1,522.7% in the second quarter. Sun Life Financial INC now owns 2,856 shares of the company’s stock valued at $142,000 after acquiring an additional 2,680 shares during the period. 55.42% of the stock is owned by hedge funds and other institutional investors.

Shares of FOXA stock opened at $48.86 on Friday. The company has a debt-to-equity ratio of 0.84, a current ratio of 2.45 and a quick ratio of 1.96. The company has a market cap of $90.52 billion, a PE ratio of 24.43, a price-to-earnings-growth ratio of 2.68 and a beta of 1.21. Twenty-First Century Fox Inc has a 1-year low of $30.32 and a 1-year high of $50.15.

Twenty-First Century Fox (NASDAQ:FOXA) last announced its earnings results on Wednesday, November 7th. The company reported $0.52 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.52. The business had revenue of $7.18 billion during the quarter, compared to the consensus estimate of $7.23 billion. Twenty-First Century Fox had a return on equity of 18.01% and a net margin of 16.01%. The business’s quarterly revenue was up 2.5% on a year-over-year basis. During the same period in the prior year, the company posted $0.49 EPS. On average, sell-side analysts forecast that Twenty-First Century Fox Inc will post 1.95 earnings per share for the current fiscal year.

A number of research analysts have issued reports on the company. Buckingham Research decreased their price target on Twenty-First Century Fox to $52.00 and set a “buy” rating for the company in a report on Tuesday, August 7th. ValuEngine downgraded Twenty-First Century Fox from a “strong-buy” rating to a “buy” rating in a report on Tuesday, August 28th. Cowen reissued a “hold” rating and issued a $49.00 price target on shares of Twenty-First Century Fox in a report on Sunday, August 12th. Barclays assumed coverage on Twenty-First Century Fox in a report on Friday, October 19th. They issued an “overweight” rating for the company. Finally, Jefferies Financial Group reissued a “buy” rating and issued a $50.00 price target on shares of Twenty-First Century Fox in a report on Friday, August 10th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and twelve have given a buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of $46.75.

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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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