D. E. Shaw & Co. Inc. Reduces Position in Twenty-First Century Fox Inc (FOXA)

D. E. Shaw & Co. Inc. decreased its holdings in Twenty-First Century Fox Inc (NASDAQ:FOXA) by 18.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,125,090 shares of the company’s stock after selling 706,125 shares during the quarter. D. E. Shaw & Co. Inc.’s holdings in Twenty-First Century Fox were worth $150,379,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of FOXA. Prime Capital Investment Advisors LLC purchased a new position in Twenty-First Century Fox during the fourth quarter valued at approximately $26,000. We Are One Seven LLC purchased a new position in Twenty-First Century Fox during the fourth quarter valued at approximately $38,000. Athena Capital Advisors LLC purchased a new position in Twenty-First Century Fox during the fourth quarter valued at approximately $40,000. Moody National Bank Trust Division purchased a new position in Twenty-First Century Fox during the fourth quarter valued at approximately $49,000. Finally, IMS Capital Management purchased a new position in Twenty-First Century Fox during the third quarter valued at approximately $59,000. 49.79% of the stock is currently owned by institutional investors.

Shares of FOXA opened at $52.01 on Monday. Twenty-First Century Fox Inc has a fifty-two week low of $35.40 and a fifty-two week high of $52.05. The firm has a market capitalization of $96.58 billion, a P/E ratio of 26.40, a price-to-earnings-growth ratio of 2.21 and a beta of 0.97. The company has a current ratio of 4.29, a quick ratio of 3.79 and a debt-to-equity ratio of 0.55.

Twenty-First Century Fox (NASDAQ:FOXA) last announced its quarterly earnings results on Wednesday, February 6th. The company reported $0.37 earnings per share for the quarter, topping the consensus estimate of $0.32 by $0.05. Twenty-First Century Fox had a net margin of 44.71% and a return on equity of 15.09%. The company had revenue of $8.50 billion for the quarter, compared to analysts’ expectations of $8.47 billion. During the same quarter in the previous year, the business posted $0.42 earnings per share. Twenty-First Century Fox’s quarterly revenue was up 5.7% on a year-over-year basis. As a group, analysts anticipate that Twenty-First Century Fox Inc will post 1.98 EPS for the current year.

The company also recently disclosed a semiannual dividend, which will be paid on Tuesday, April 16th. Shareholders of record on Monday, April 8th will be given a dividend of $0.18 per share. This represents a yield of 0.73%. The ex-dividend date is Friday, April 5th. Twenty-First Century Fox’s dividend payout ratio (DPR) is 18.27%.

FOXA has been the topic of several analyst reports. Zacks Investment Research raised shares of Twenty-First Century Fox from a “hold” rating to a “buy” rating and set a $54.00 price target on the stock in a report on Tuesday, January 8th. Gabelli reiterated a “buy” rating on shares of Twenty-First Century Fox in a research report on Tuesday, November 27th. Societe Generale cut shares of Twenty-First Century Fox from a “hold” rating to a “sell” rating in a research report on Thursday, January 24th. Vertical Group upgraded shares of Twenty-First Century Fox from a “hold” rating to a “buy” rating in a research report on Monday, February 4th. Finally, Buckingham Research boosted their price target on shares of Twenty-First Century Fox from $52.00 to $54.00 and gave the stock a “buy” rating in a research report on Monday, February 25th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and fourteen have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of $51.00.

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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:FOXA)

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