Eaton Vance Management Has $2.42 Million Stake in Twenty-First Century Fox, Inc. (FOXA)

Eaton Vance Management lifted its position in Twenty-First Century Fox, Inc. (NASDAQ:FOXA) by 1.0% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 85,526 shares of the company’s stock after buying an additional 805 shares during the period. Eaton Vance Management’s holdings in Twenty-First Century Fox were worth $2,424,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of FOXA. Vanguard Group Inc. grew its position in Twenty-First Century Fox by 1.2% during the 1st quarter. Vanguard Group Inc. now owns 67,302,155 shares of the company’s stock worth $2,179,917,000 after purchasing an additional 800,751 shares during the last quarter. BlackRock Inc. grew its position in Twenty-First Century Fox by 2,105.9% during the 1st quarter. BlackRock Inc. now owns 57,769,482 shares of the company’s stock worth $1,871,155,000 after purchasing an additional 55,150,610 shares during the last quarter. State Street Corp grew its position in Twenty-First Century Fox by 2.6% during the 1st quarter. State Street Corp now owns 45,901,829 shares of the company’s stock worth $1,486,981,000 after purchasing an additional 1,152,570 shares during the last quarter. Wellington Management Group LLP grew its position in Twenty-First Century Fox by 4.4% during the 1st quarter. Wellington Management Group LLP now owns 34,076,667 shares of the company’s stock worth $1,103,742,000 after purchasing an additional 1,437,559 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its position in Twenty-First Century Fox by 8.7% during the 2nd quarter. JPMorgan Chase & Co. now owns 26,630,790 shares of the company’s stock worth $754,718,000 after purchasing an additional 2,140,568 shares during the last quarter. 53.31% of the stock is currently owned by hedge funds and other institutional investors.

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Twenty-First Century Fox, Inc. (NASDAQ:FOXA) opened at 26.50 on Tuesday. The stock has a market cap of $49.05 billion, a price-to-earnings ratio of 16.71 and a beta of 1.28. The firm’s 50-day moving average is $27.42 and its 200 day moving average is $28.68. Twenty-First Century Fox, Inc. has a 52 week low of $23.60 and a 52 week high of $32.60.

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

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

Several analysts have weighed in on the stock. Cowen and Company reissued a “market perform” rating and set a $32.00 target price (down previously from $33.00) on shares of Twenty-First Century Fox in a research report on Thursday, August 10th. Royal Bank Of Canada restated an “outperform” rating and set a $35.00 price objective (up from $33.00) on shares of Twenty-First Century Fox in a research note on Thursday, August 10th. Piper Jaffray Companies assumed coverage on shares of Twenty-First Century Fox in a research note on Friday, August 11th. They set an “overweight” rating and a $35.00 price objective for the company. Zacks Investment Research cut shares of Twenty-First Century Fox from a “hold” rating to a “sell” rating in a research note on Tuesday, July 11th. Finally, ValuEngine cut shares of Twenty-First Century Fox from a “buy” rating to a “hold” rating in a research note on Friday, June 2nd. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and eighteen have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average target price of $33.43.

Twenty-First Century Fox Company 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.

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

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