Alliancebernstein L.P. Has $51.08 Million Position in Twenty-First Century Fox, Inc. (FOXA)

Alliancebernstein L.P. trimmed its stake in shares of Twenty-First Century Fox, Inc. (NASDAQ:FOXA) by 70.4% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,802,464 shares of the company’s stock after selling 4,280,559 shares during the quarter. Alliancebernstein L.P. owned 0.10% of Twenty-First Century Fox worth $51,082,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in FOXA. Aberdeen Asset Management PLC UK grew its position in Twenty-First Century Fox by 6.8% during the second quarter. Aberdeen Asset Management PLC UK now owns 426,658 shares of the company’s stock worth $12,092,000 after buying an additional 27,048 shares in the last quarter. AXA grew its position in Twenty-First Century Fox by 10.0% during the second quarter. AXA now owns 397,312 shares of the company’s stock worth $11,259,000 after buying an additional 35,959 shares in the last quarter. South Dakota Investment Council grew its position in Twenty-First Century Fox by 1.0% during the second quarter. South Dakota Investment Council now owns 1,525,060 shares of the company’s stock worth $43,220,000 after buying an additional 15,000 shares in the last quarter. Franklin Resources Inc. grew its position in Twenty-First Century Fox by 3.9% during the second quarter. Franklin Resources Inc. now owns 16,091,442 shares of the company’s stock worth $456,010,000 after buying an additional 604,501 shares in the last quarter. Finally, Eaton Vance Management grew its position in Twenty-First Century Fox by 1.0% during the second quarter. Eaton Vance Management now owns 85,526 shares of the company’s stock worth $2,424,000 after buying an additional 805 shares in the last quarter. Institutional investors own 53.33% of the company’s stock.

Several research firms recently commented on FOXA. Jefferies Group LLC restated a “buy” rating and set a $35.00 target price on shares of Twenty-First Century Fox in a research report on Saturday, July 22nd. Cowen and Company restated a “market perform” rating and set a $32.00 target price (down from $33.00) on shares of Twenty-First Century Fox in a research report on Thursday, August 10th. KeyCorp restated a “buy” rating and set a $35.00 target price on shares of Twenty-First Century Fox in a research report on Sunday, September 10th. ValuEngine cut Twenty-First Century Fox from a “buy” rating to a “hold” rating in a research report on Friday, June 2nd. Finally, Royal Bank Of Canada restated an “outperform” rating and set a $35.00 target price (up from $33.00) on shares of Twenty-First Century Fox in a research report on Thursday, August 10th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and eighteen have assigned a buy rating to the company’s stock. Twenty-First Century Fox currently has an average rating of “Buy” and a consensus price target of $33.43.

Twenty-First Century Fox, Inc. (NASDAQ FOXA) opened at 27.05 on Friday. Twenty-First Century Fox, Inc. has a 52-week low of $23.60 and a 52-week high of $32.60. The firm’s 50-day moving average price is $27.50 and its 200-day moving average price is $28.73. The company has a market cap of $50.07 billion, a price-to-earnings ratio of 17.06 and a beta of 1.28.

Twenty-First Century Fox (NASDAQ:FOXA) last announced its earnings results on Wednesday, August 9th. The company reported $0.36 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.35 by $0.01. Twenty-First Century Fox had a return on equity of 22.46% and a net margin of 10.36%. The business had revenue of $6.75 billion during the quarter, compared to analyst estimates of $6.79 billion. During the same quarter in the previous year, the business earned $0.45 earnings per share. The company’s revenue for the quarter was up 1.5% compared to the same quarter last year. On average, equities analysts anticipate that Twenty-First Century Fox, Inc. will post $2.03 EPS for the current year.

The firm also recently announced a semiannual dividend, which will be paid on Wednesday, October 18th. Shareholders of record on Wednesday, September 13th will be given a dividend of $0.18 per share. The ex-dividend date is Tuesday, September 12th. This represents a dividend yield of 1.29%. Twenty-First Century Fox’s dividend payout ratio (DPR) is presently 22.64%.

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

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