Twenty-First Century Fox Inc (FOX) Position Boosted by Credit Suisse AG

Credit Suisse AG increased its stake in Twenty-First Century Fox Inc (NASDAQ:FOX) by 162.5% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,985,130 shares of the company’s stock after acquiring an additional 1,228,982 shares during the quarter. Credit Suisse AG owned about 0.11% of Twenty-First Century Fox worth $90,959,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of FOX. Gamble Jones Investment Counsel acquired a new position in shares of Twenty-First Century Fox in the third quarter worth approximately $123,000. Sageworth Trust Co lifted its stake in shares of Twenty-First Century Fox by 266.7% in the third quarter. Sageworth Trust Co now owns 3,300 shares of the company’s stock worth $151,000 after acquiring an additional 2,400 shares during the period. Dupont Capital Management Corp lifted its stake in shares of Twenty-First Century Fox by 91.2% in the third quarter. Dupont Capital Management Corp now owns 3,749 shares of the company’s stock worth $172,000 after acquiring an additional 1,788 shares during the period. US Bancorp DE lifted its stake in Twenty-First Century Fox by 116.8% in the second quarter. US Bancorp DE now owns 3,840 shares of the company’s stock valued at $189,000 after buying an additional 2,069 shares during the period. Finally, Franklin Street Advisors Inc. NC acquired a new position in Twenty-First Century Fox in the third quarter valued at approximately $208,000. 24.10% of the stock is currently owned by institutional investors.

Shares of FOX opened at $48.66 on Friday. Twenty-First Century Fox Inc has a 52-week low of $29.63 and a 52-week high of $49.65. The company has a current ratio of 2.45, a quick ratio of 1.96 and a debt-to-equity ratio of 0.84. The company has a market capitalization of $89.92 billion, a price-to-earnings ratio of 24.27 and a beta of 1.15.

Twenty-First Century Fox (NASDAQ:FOX) last issued its quarterly earnings results on Wednesday, November 7th. The company reported $0.52 earnings per share (EPS) 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 firm had revenue of $7.18 billion for the quarter. Equities analysts predict that Twenty-First Century Fox Inc will post 1.86 earnings per share for the current year.

Several equities analysts have issued reports on FOX shares. BidaskClub raised Twenty-First Century Fox from a “buy” rating to a “strong-buy” rating in a research note on Saturday, November 17th. ValuEngine lowered Twenty-First Century Fox from a “buy” rating to a “hold” rating in a research note on Wednesday.

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About Twenty-First Century Fox

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:FOX)

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