Toronto Dominion Bank lifted its stake in Twenty-First Century Fox, Inc. (NASDAQ:FOX) by 25.6% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 164,422 shares of the company’s stock after acquiring an additional 33,499 shares during the quarter. Toronto Dominion Bank’s holdings in Twenty-First Century Fox were worth $4,581,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds also recently made changes to their positions in the company. Oppenheimer Asset Management Inc. bought a new stake in shares of Twenty-First Century Fox in the first quarter worth approximately $105,000. Dupont Capital Management Corp bought a new stake in shares of Twenty-First Century Fox in the second quarter worth approximately $122,000. Quantbot Technologies LP grew its stake in shares of Twenty-First Century Fox by 139.2% in the second quarter. Quantbot Technologies LP now owns 4,418 shares of the company’s stock worth $123,000 after acquiring an additional 2,571 shares during the period. Elgethun Capital Management bought a new stake in shares of Twenty-First Century Fox in the second quarter worth approximately $201,000. Finally, QS Investors LLC grew its stake in shares of Twenty-First Century Fox by 58.5% in the second quarter. QS Investors LLC now owns 8,939 shares of the company’s stock worth $249,000 after acquiring an additional 3,300 shares during the period. Hedge funds and other institutional investors own 23.28% of the company’s stock.
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A number of brokerages have recently commented on FOX. BidaskClub upgraded shares of Twenty-First Century Fox from a “strong sell” rating to a “sell” rating in a research note on Wednesday. TheStreet upgraded shares of Twenty-First Century Fox from a “c+” rating to a “b-” rating in a research note on Friday, August 4th.
Twenty-First Century Fox, Inc. (NASDAQ:FOX) opened at 26.84 on Friday. The stock has a market cap of $49.68 billion, a P/E ratio of 16.92 and a beta of 1.18. The company has a 50 day moving average of $26.16 and a 200-day moving average of $27.55. Twenty-First Century Fox, Inc. has a 12-month low of $24.77 and a 12-month high of $31.94.
Twenty-First Century Fox (NASDAQ:FOX) last issued its quarterly earnings results on Wednesday, August 9th. The company reported $0.36 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.37 by ($0.01). Twenty-First Century Fox had a return on equity of 22.47% and a net margin of 10.36%. The business had revenue of $6.75 billion during the quarter. During the same quarter in the previous year, the business posted $0.45 EPS. Equities analysts forecast that Twenty-First Century Fox, Inc. will post $2.06 earnings per share for the current year.
The firm also recently declared a quarterly dividend, which was paid on Wednesday, October 18th. Investors of record on Wednesday, September 13th were issued a $0.18 dividend. The ex-dividend date of this dividend was Tuesday, September 12th. This represents a $0.72 annualized dividend and a yield of 2.68%. Twenty-First Century Fox’s dividend payout ratio (DPR) is presently 22.64%.
In related news, Director David F. Devoe sold 30,149 shares of the stock in a transaction that occurred on Tuesday, August 15th. The shares were sold at an average price of $28.01, for a total value of $844,473.49. Following the transaction, the director now owns 55,647 shares in the company, valued at approximately $1,558,672.47. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CEO James R. Murdoch sold 111,713 shares of the stock in a transaction that occurred on Tuesday, August 15th. The stock was sold at an average price of $27.94, for a total transaction of $3,121,261.22. Following the completion of the transaction, the chief executive officer now owns 234,236 shares in the company, valued at approximately $6,544,553.84. The disclosure for this sale can be found here. 39.40% of the stock is currently owned by corporate insiders.
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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