Twenty-First Century Fox, Inc. (FOXA) Stake Increased by Russell Investments Group Ltd.

Russell Investments Group Ltd. boosted its stake in Twenty-First Century Fox, Inc. (NASDAQ:FOXA) by 12.0% during the second quarter, according to its most recent filing with the SEC. The firm owned 535,931 shares of the company’s stock after buying an additional 57,445 shares during the period. Russell Investments Group Ltd.’s holdings in Twenty-First Century Fox were worth $15,190,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Hartford Financial Management Inc. boosted its stake in Twenty-First Century Fox by 2.4% in the first quarter. Hartford Financial Management Inc. now owns 46,575 shares of the company’s stock valued at $1,508,000 after buying an additional 1,108 shares during the period. Quantitative Systematic Strategies LLC bought a new stake in Twenty-First Century Fox during the first quarter valued at $1,811,000. DnB Asset Management AS boosted its stake in Twenty-First Century Fox by 7.3% in the first quarter. DnB Asset Management AS now owns 117,150 shares of the company’s stock valued at $3,794,000 after buying an additional 8,000 shares during the period. Beese Fulmer Investment Management Inc. boosted its stake in Twenty-First Century Fox by 6.8% in the first quarter. Beese Fulmer Investment Management Inc. now owns 154,698 shares of the company’s stock valued at $5,011,000 after buying an additional 9,799 shares during the period. Finally, Wealth Enhancement Advisory Services LLC bought a new stake in Twenty-First Century Fox during the first quarter valued at $833,000. Hedge funds and other institutional investors own 53.96% of the company’s stock.

Shares of Twenty-First Century Fox, Inc. (FOXA) traded up 0.82% during trading on Thursday, reaching $28.13. The company’s stock had a trading volume of 7,221,960 shares. The firm’s 50-day moving average is $28.11 and its 200-day moving average is $29.38. Twenty-First Century Fox, Inc. has a 12-month low of $23.33 and a 12-month high of $32.60. The stock has a market capitalization of $52.06 billion, a PE ratio of 17.30 and a beta of 1.27.

Twenty-First Century Fox (NASDAQ:FOXA) last released its quarterly earnings results on Wednesday, August 9th. The company reported $0.36 EPS for the quarter, beating analysts’ consensus estimates 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 company had revenue of $6.75 billion during the quarter, compared to analysts’ expectations of $6.79 billion. During the same period last year, the business posted $0.45 earnings per share. The firm’s revenue was up 1.5% compared to the same quarter last year. Equities analysts expect that Twenty-First Century Fox, Inc. will post $2.03 earnings per share for the current year.

TRADEMARK VIOLATION NOTICE: “Twenty-First Century Fox, Inc. (FOXA) Stake Increased by Russell Investments Group Ltd.” was reported by Ticker Report and is the sole property of of Ticker Report. If you are viewing this news story on another website, it was stolen and reposted in violation of US & international copyright and trademark legislation. The legal version of this news story can be accessed at https://www.tickerreport.com/banking-finance/2800591/twenty-first-century-fox-inc-foxa-stake-increased-by-russell-investments-group-ltd.html.

FOXA has been the topic of several recent analyst reports. Rosenblatt Securities upgraded shares of Twenty-First Century Fox from a “neutral” rating to a “buy” rating and set a $33.00 price target on the stock in a report on Thursday, May 11th. Jefferies Group LLC reiterated a “buy” rating and issued a $35.00 price target on shares of Twenty-First Century Fox in a report on Friday, May 12th. Guggenheim reiterated a “buy” rating and issued a $35.00 price target (up previously 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 target on shares of Twenty-First Century Fox and gave the company a “buy” rating in a report on Friday, June 16th. Finally, ValuEngine upgraded shares of 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 issued a hold rating and eighteen have issued a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus target price 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.

Want to see what other hedge funds are holding FOXA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Twenty-First Century Fox, Inc. (NASDAQ:FOXA).

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

Receive News & Ratings for Twenty-First Century Fox Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Twenty-First Century Fox Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

How to Trade on Forex – 8 Steps for Beginners
How to Trade on Forex – 8 Steps for Beginners
Super Nintendo World Theme Park Officially Starts Construction
Super Nintendo World Theme Park Officially Starts Construction
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Camera Zooms In and Can Recognize Faces
Camera Zooms In and Can Recognize Faces
Netflix Could See 150 Million Worldwide Subscribers
Netflix Could See 150 Million Worldwide Subscribers
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back


Leave a Reply

© 2006-2017 Ticker Report. Google+.