Iat Reinsurance Co. LTD. lowered its position in shares of Twenty-First Century Fox, Inc. (NASDAQ:FOX) by 60.3% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 75,000 shares of the company’s stock after selling 114,000 shares during the period. Iat Reinsurance Co. LTD.’s holdings in Twenty-First Century Fox were worth $1,934,000 at the end of the most recent quarter.
Other institutional investors have also recently made changes to their positions in the company. Wellington Management Group LLP grew its stake in Twenty-First Century Fox by 12.3% in the first quarter. Wellington Management Group LLP now owns 19,566 shares of the company’s stock valued at $622,000 after purchasing an additional 2,147 shares during the last quarter. Thrivent Financial For Lutherans grew its stake in Twenty-First Century Fox by 5.5% in the first quarter. Thrivent Financial For Lutherans now owns 17,880 shares of the company’s stock valued at $568,000 after purchasing an additional 940 shares during the last quarter. Oppenheimer Asset Management Inc. purchased a new position in Twenty-First Century Fox in the first quarter valued at about $105,000. Janus Capital Management LLC grew its stake in Twenty-First Century Fox by 101.0% in the first quarter. Janus Capital Management LLC now owns 76,431 shares of the company’s stock valued at $2,429,000 after purchasing an additional 38,400 shares during the last quarter. Finally, Bank of Montreal Can grew its stake in Twenty-First Century Fox by 21.0% in the second quarter. Bank of Montreal Can now owns 185,693 shares of the company’s stock valued at $5,175,000 after purchasing an additional 32,225 shares during the last quarter. Hedge funds and other institutional investors own 23.58% of the company’s stock.
FOX has been the topic of several analyst reports. BidaskClub lowered Twenty-First Century Fox from a “sell” rating to a “strong sell” rating in a research note on Saturday, November 4th. OTR Global upgraded Twenty-First Century Fox to a “positive” rating in a research note on Monday, October 30th. Finally, TheStreet upgraded Twenty-First Century Fox from a “c+” rating to a “b-” rating in a research note on Friday, August 4th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and two have issued a buy rating to the company’s stock. Twenty-First Century Fox presently has an average rating of “Hold” and an average target price of $34.00.
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Shares of Twenty-First Century Fox, Inc. (NASDAQ FOX) traded down $0.25 during mid-day trading on Tuesday, hitting $27.82. The stock had a trading volume of 1,492,500 shares, compared to its average volume of 2,662,486. Twenty-First Century Fox, Inc. has a 1-year low of $24.30 and a 1-year high of $31.94. The stock has a market capitalization of $51,959.14, a price-to-earnings ratio of 14.62 and a beta of 1.18. The company has a debt-to-equity ratio of 1.09, a current ratio of 2.08 and a quick ratio of 1.73.
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.
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