Deutsche Bank AG lifted its position in shares of News Corp (NASDAQ:NWS) by 107.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 395,869 shares of the company’s stock after acquiring an additional 205,292 shares during the quarter. Deutsche Bank AG owned approximately 0.07% of News worth $6,569,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in NWS. State of Wisconsin Investment Board boosted its holdings in shares of News by 1,098.0% during the 4th quarter. State of Wisconsin Investment Board now owns 548,298 shares of the company’s stock valued at $9,102,000 after acquiring an additional 502,532 shares in the last quarter. Bank of New York Mellon Corp boosted its holdings in shares of News by 27.3% during the 4th quarter. Bank of New York Mellon Corp now owns 997,106 shares of the company’s stock valued at $16,552,000 after acquiring an additional 213,938 shares in the last quarter. BlueCrest Capital Management Ltd boosted its holdings in shares of News by 355.1% during the 4th quarter. BlueCrest Capital Management Ltd now owns 264,698 shares of the company’s stock valued at $4,394,000 after acquiring an additional 206,530 shares in the last quarter. BlackRock Inc. boosted its holdings in shares of News by 3.0% during the 4th quarter. BlackRock Inc. now owns 6,422,346 shares of the company’s stock valued at $106,611,000 after acquiring an additional 184,433 shares in the last quarter. Finally, Ontario Teachers Pension Plan Board acquired a new stake in shares of News during the 4th quarter valued at $1,475,000. 10.18% of the stock is currently owned by institutional investors.
Several research analysts recently issued reports on NWS shares. BidaskClub lowered News from a “buy” rating to a “hold” rating in a research report on Friday, December 15th. TheStreet lowered News from a “b-” rating to a “c+” rating in a research report on Monday, February 12th.
News (NASDAQ:NWS) last announced its earnings results on Thursday, February 8th. The company reported $0.24 earnings per share (EPS) for the quarter. The business had revenue of $2.18 billion during the quarter. News had a positive return on equity of 2.52% and a negative net margin of 5.41%.
The business also recently announced a semiannual dividend, which will be paid on Wednesday, April 18th. Investors of record on Wednesday, March 14th will be given a dividend of $0.10 per share. This represents a yield of 1.25%. The ex-dividend date is Tuesday, March 13th.
News Corporation is a diversified media and information services company. The Company operates in five segments: News and Information Services, Cable Network Programming, Digital Real Estate Services, Book Publishing, and Other. The Company’s business consists of range of media, including news and information services, sports programming in Australia, digital real estate services, book publishing, and pay-television (TV) distribution in Australia, that are distributed under the brands, including The Wall Street Journal, Dow Jones, Herald Sun, The Sun, The Times, HarperCollins Publishers, FOX SPORTS Australia and realestate.com.au.
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