HL Financial Services LLC Raises Position in Twenty-First Century Fox, Inc. (FOXA)

HL Financial Services LLC boosted its position in shares of Twenty-First Century Fox, Inc. (NASDAQ:FOXA) by 9.5% during the second quarter, Holdings Channel reports. The institutional investor owned 95,280 shares of the company’s stock after buying an additional 8,255 shares during the period. HL Financial Services LLC’s holdings in Twenty-First Century Fox were worth $2,700,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. BlackRock Inc. boosted its position in shares of Twenty-First Century Fox by 2,105.9% in the first quarter. BlackRock Inc. now owns 57,769,482 shares of the company’s stock worth $1,871,155,000 after buying an additional 55,150,610 shares in the last quarter. Boston Partners boosted its position in shares of Twenty-First Century Fox by 7,703.5% in the first quarter. Boston Partners now owns 13,333,969 shares of the company’s stock worth $431,887,000 after buying an additional 13,163,097 shares in the last quarter. Independent Franchise Partners LLP boosted its position in shares of Twenty-First Century Fox by 19.6% in the second quarter. Independent Franchise Partners LLP now owns 26,355,484 shares of the company’s stock worth $746,914,000 after buying an additional 4,315,548 shares in the last quarter. Alliancebernstein L.P. boosted its position in shares of Twenty-First Century Fox by 217.9% in the first quarter. Alliancebernstein L.P. now owns 6,083,023 shares of the company’s stock worth $197,029,000 after buying an additional 4,169,322 shares in the last quarter. Finally, Point72 Asset Management L.P. boosted its position in shares of Twenty-First Century Fox by 132,582.5% in the first quarter. Point72 Asset Management L.P. now owns 2,653,649 shares of the company’s stock worth $85,952,000 after buying an additional 2,651,649 shares in the last quarter. 53.96% of the stock is currently owned by institutional investors.

Twenty-First Century Fox, Inc. (FOXA) opened at 27.90 on Thursday. The stock’s 50 day moving average price is $28.11 and its 200 day moving average price is $29.38. Twenty-First Century Fox, Inc. has a 1-year low of $23.33 and a 1-year high of $32.60. The stock has a market capitalization of $51.64 billion, a PE ratio of 17.16 and a beta of 1.27.

Twenty-First Century Fox (NASDAQ:FOXA) last issued its quarterly earnings results on Wednesday, August 9th. The company reported $0.36 earnings per share for the quarter, topping the consensus estimate of $0.35 by $0.01. Twenty-First Century Fox had a return on equity of 24.40% and a net margin of 10.72%. The firm had revenue of $6.75 billion for the quarter, compared to the consensus estimate of $6.79 billion. During the same period in the prior year, the business posted $0.45 earnings per share. The company’s revenue for the quarter was up 1.5% on a year-over-year basis. On average, equities research analysts predict that Twenty-First Century Fox, Inc. will post $1.93 earnings per share for the current fiscal year.

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FOXA has been the topic of a number of research reports. Rosenblatt Securities raised Twenty-First Century Fox from a “neutral” rating to a “buy” rating and set a $33.00 price objective on the stock in a report on Thursday, May 11th. Jefferies Group LLC reissued a “buy” rating and set a $35.00 price objective on shares of Twenty-First Century Fox in a report on Friday, May 12th. Guggenheim reissued a “buy” rating and set a $35.00 price objective (up from $34.00) on shares of Twenty-First Century Fox in a report on Friday, April 14th. BMO Capital Markets set a $36.00 price objective on Twenty-First Century Fox and gave the company a “buy” rating in a report on Friday, June 16th. Finally, ValuEngine raised Twenty-First Century Fox from a “hold” rating to a “buy” rating in a report on Thursday, May 11th. One analyst has rated the stock with a sell rating, five have given a hold rating and eighteen have given a buy rating to the company’s stock. Twenty-First Century Fox has a consensus rating of “Buy” and a consensus price target of $33.10.

About Twenty-First Century Fox

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.

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

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