Jefferies Financial Group Inc. decreased its position in Twenty-First Century Fox Inc (NASDAQ:FOX) by 58.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 78,457 shares of the company’s stock after selling 109,016 shares during the quarter. Twenty-First Century Fox makes up approximately 0.4% of Jefferies Financial Group Inc.’s portfolio, making the stock its 16th largest position. Jefferies Financial Group Inc.’s holdings in Twenty-First Century Fox were worth $3,749,000 at the end of the most recent reporting period.
Several other large investors also recently modified their holdings of FOX. Mackay Shields LLC lifted its holdings in Twenty-First Century Fox by 21.8% during the fourth quarter. Mackay Shields LLC now owns 130,116 shares of the company’s stock valued at $6,217,000 after purchasing an additional 23,302 shares during the last quarter. QS Investors LLC lifted its holdings in shares of Twenty-First Century Fox by 114.5% in the fourth quarter. QS Investors LLC now owns 20,084 shares of the company’s stock worth $960,000 after buying an additional 10,719 shares in the last quarter. VisionPoint Advisory Group LLC purchased a new stake in shares of Twenty-First Century Fox in the fourth quarter worth about $1,874,000. MUFG Securities EMEA plc lifted its holdings in shares of Twenty-First Century Fox by 3,079.9% in the fourth quarter. MUFG Securities EMEA plc now owns 419,900 shares of the company’s stock worth $20,063,000 after buying an additional 406,695 shares in the last quarter. Finally, BOKF NA lifted its holdings in shares of Twenty-First Century Fox by 4.2% in the fourth quarter. BOKF NA now owns 51,131 shares of the company’s stock worth $2,443,000 after buying an additional 2,046 shares in the last quarter. 23.13% of the stock is currently owned by institutional investors.
Shares of FOX stock traded up $0.33 during trading on Friday, hitting $51.65. The company had a trading volume of 67,202 shares, compared to its average volume of 4,482,362. The company has a current ratio of 4.29, a quick ratio of 3.79 and a debt-to-equity ratio of 0.55. The stock has a market cap of $94.11 billion, a price-to-earnings ratio of 26.21 and a beta of 0.94. Twenty-First Century Fox Inc has a 52 week low of $34.94 and a 52 week high of $51.71.
The firm also recently declared a semiannual dividend, which will be paid on Tuesday, April 16th. Shareholders of record on Monday, April 8th will be given a dividend of $0.18 per share. This is a boost from Twenty-First Century Fox’s previous semiannual dividend of $0.15. This represents a yield of 0.73%. The ex-dividend date of this dividend is Friday, April 5th. Twenty-First Century Fox’s dividend payout ratio (DPR) is presently 18.27%.
In other news, insider Lachlan K. Murdoch sold 316,317 shares of the firm’s stock in a transaction that occurred on Thursday, March 14th. The shares were sold at an average price of $51.20, for a total value of $16,195,430.40. Following the transaction, the insider now owns 618,374 shares in the company, valued at $31,660,748.80. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Gerson Zweifach sold 36,007 shares of the firm’s stock in a transaction that occurred on Friday, February 8th. The stock was sold at an average price of $49.41, for a total transaction of $1,779,105.87. Following the completion of the transaction, the executive vice president now owns 38,740 shares in the company, valued at approximately $1,914,143.40. The disclosure for this sale can be found here. 39.40% of the stock is owned by company insiders.
FOX has been the topic of a number of recent analyst reports. BidaskClub raised shares of Twenty-First Century Fox from a “buy” rating to a “strong-buy” rating in a report on Saturday, November 17th. ValuEngine cut shares of Twenty-First Century Fox from a “buy” rating to a “hold” rating in a research report on Wednesday, November 21st. Finally, Zacks Investment Research upgraded shares of Twenty-First Century Fox from a “hold” rating to a “buy” rating and set a $54.00 price objective on the stock in a research report on Tuesday, January 8th.
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Twenty-First Century Fox Company Profile
Twenty-First Century Fox, Inc operates as a diversified media and entertainment company primarily in the United States and Canada, Europe, and internationally. It operates through Cable Network Programming, Television, and Filmed Entertainment segments. The company produces and licenses news, business news, sports, general entertainment, factual entertainment, and movie programming for distribution primarily through cable television systems, direct broadcast satellite operators, telecommunication companies, and online video distributors.
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