UBS Asset Management Americas Inc. grew its holdings in Twenty-First Century Fox Inc (NASDAQ:FOX) by 3.3% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 1,231,937 shares of the company’s stock after acquiring an additional 39,900 shares during the quarter. UBS Asset Management Americas Inc.’s holdings in Twenty-First Century Fox were worth $42,034,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also added to or reduced their stakes in the company. BNP Paribas Arbitrage SA boosted its position in shares of Twenty-First Century Fox by 30.9% in the 3rd quarter. BNP Paribas Arbitrage SA now owns 332,041 shares of the company’s stock valued at $8,563,000 after purchasing an additional 78,317 shares during the period. Dynamic Technology Lab Private Ltd boosted its position in shares of Twenty-First Century Fox by 676.2% in the 3rd quarter. Dynamic Technology Lab Private Ltd now owns 134,274 shares of the company’s stock valued at $3,463,000 after purchasing an additional 116,974 shares during the period. Baupost Group LLC MA boosted its position in shares of Twenty-First Century Fox by 1.5% in the 3rd quarter. Baupost Group LLC MA now owns 7,384,542 shares of the company’s stock valued at $190,447,000 after purchasing an additional 106,442 shares during the period. Pacer Advisors Inc. acquired a new stake in shares of Twenty-First Century Fox in the 3rd quarter valued at about $323,000. Finally, Swiss National Bank boosted its position in shares of Twenty-First Century Fox by 1.1% in the 3rd quarter. Swiss National Bank now owns 1,618,006 shares of the company’s stock valued at $41,728,000 after purchasing an additional 17,900 shares during the period. Institutional investors and hedge funds own 23.38% of the company’s stock.
In other Twenty-First Century Fox news, EVP Gerson Zweifach sold 110,728 shares of the stock in a transaction that occurred on Monday, December 18th. The stock was sold at an average price of $34.90, for a total transaction of $3,864,407.20. Following the completion of the sale, the executive vice president now directly owns 36,007 shares of the company’s stock, valued at approximately $1,256,644.30. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 39.40% of the stock is currently owned by company insiders.
Twenty-First Century Fox (NASDAQ:FOX) last posted its quarterly earnings data on Wednesday, February 7th. The company reported $0.42 earnings per share for the quarter, topping analysts’ consensus estimates of $0.38 by $0.04. Twenty-First Century Fox had a return on equity of 19.01% and a net margin of 13.49%. The company had revenue of $8.04 billion during the quarter.
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 18th. Shareholders of record on Wednesday, March 14th will be given a dividend of $0.18 per share. The ex-dividend date is Tuesday, March 13th. This represents a $0.72 dividend on an annualized basis and a yield of 1.88%. Twenty-First Century Fox’s payout ratio is 16.82%.
FOX has been the subject of a number of research analyst reports. BidaskClub raised Twenty-First Century Fox from a “strong sell” rating to a “sell” rating in a research report on Saturday, November 11th. OTR Global raised Twenty-First Century Fox to a “positive” rating in a research report on Monday, October 30th. One analyst has rated the stock with a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus target price of $34.00.
Twenty-First Century Fox Profile
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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