Caisse DE Depot ET Placement DU Quebec lessened its holdings in Twenty-First Century Fox Inc (NASDAQ:FOXA) by 22.9% in the fourth quarter, HoldingsChannel.com reports. The fund owned 146,275 shares of the company’s stock after selling 43,400 shares during the period. Caisse DE Depot ET Placement DU Quebec’s holdings in Twenty-First Century Fox were worth $5,051,000 as of its most recent filing with the SEC.
Other institutional investors have also made changes to their positions in the company. Amundi Pioneer Asset Management Inc. bought a new stake in Twenty-First Century Fox during the fourth quarter worth about $43,963,000. Alliancebernstein L.P. lifted its holdings in shares of Twenty-First Century Fox by 409.6% in the fourth quarter. Alliancebernstein L.P. now owns 9,313,012 shares of the company’s stock worth $321,578,000 after acquiring an additional 7,485,610 shares during the last quarter. Lombard Odier Asset Management USA Corp bought a new position in shares of Twenty-First Century Fox in the fourth quarter worth about $5,525,000. Water Island Capital LLC bought a new position in shares of Twenty-First Century Fox in the fourth quarter worth about $2,072,000. Finally, Leucadia National Corp bought a new position in shares of Twenty-First Century Fox in the fourth quarter worth about $535,000. 53.49% of the stock is owned by institutional investors.
Twenty-First Century Fox Inc (FOXA) opened at $37.73 on Monday. Twenty-First Century Fox Inc has a 52 week low of $24.81 and a 52 week high of $39.13. The company has a quick ratio of 1.77, a current ratio of 2.16 and a debt-to-equity ratio of 0.98. The stock has a market capitalization of $69,480.00, a P/E ratio of 26.02, a PEG ratio of 2.01 and a beta of 1.36.
The company also recently disclosed a Semi-Annual dividend, which will be paid on Wednesday, April 18th. Stockholders of record on Wednesday, March 14th will be paid a $0.18 dividend. This represents a dividend yield of 0.00503778337531486%. The ex-dividend date is Tuesday, March 13th. Twenty-First Century Fox’s dividend payout ratio is currently 24.83%.
FOXA has been the subject of a number of research reports. Pivotal Research cut shares of Twenty-First Century Fox from a “buy” rating to a “hold” rating and increased their target price for the stock from $37.00 to $38.00 in a report on Tuesday, January 9th. Piper Jaffray Companies set a $40.00 target price on shares of Twenty-First Century Fox and gave the stock a “buy” rating in a report on Saturday, December 16th. Atlantic Securities raised shares of Twenty-First Century Fox from a “neutral” rating to an “overweight” rating in a report on Monday, January 22nd. KeyCorp reissued a “buy” rating and issued a $35.00 target price on shares of Twenty-First Century Fox in a report on Sunday, November 19th. Finally, Rosenblatt Securities reissued a “buy” rating and issued a $40.00 target price on shares of Twenty-First Century Fox in a report on Monday, December 4th. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and thirteen have given a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus target price of $37.73.
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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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