21st Century Fox (NASDAQ:FOXA)‘s stock had its “hold” rating restated by Pivotal Research in a report released on Tuesday. They currently have a $35.00 price target on the stock. Pivotal Research’s target price suggests a potential downside of 5.51% from the stock’s current price.
Several other brokerages have also recently issued reports on FOXA. Loop Capital started coverage on 21st Century Fox in a report on Thursday, March 15th. They issued a “buy” rating and a $43.00 target price for the company. Royal Bank of Canada upped their target price on 21st Century Fox to $43.00 and gave the company an “outperform” rating in a report on Wednesday, January 3rd. They noted that the move was a valuation call. BMO Capital Markets increased their price target on 21st Century Fox from $35.00 to $37.00 and gave the stock a “market perform” rating in a report on Monday, February 12th. Cowen reiterated a “hold” rating and set a $39.00 price target on shares of 21st Century Fox in a report on Friday, December 29th. Finally, Wells Fargo upgraded 21st Century Fox to a “market weight” rating in a report on Thursday, January 4th. One analyst has rated the stock with a sell rating, seven have issued a hold rating and fourteen have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus target price of $38.33.
Shares of NASDAQ:FOXA opened at $37.04 on Tuesday. The company has a debt-to-equity ratio of 0.98, a current ratio of 2.16 and a quick ratio of 1.77. The firm has a market capitalization of $68,154.51, a price-to-earnings ratio of 19.19, a P/E/G ratio of 1.96 and a beta of 1.31. 21st Century Fox has a 52-week low of $24.81 and a 52-week high of $39.13.
Institutional investors have recently made changes to their positions in the stock. Prudential Financial Inc. boosted its holdings in 21st Century Fox by 37.7% during the 3rd quarter. Prudential Financial Inc. now owns 2,365,808 shares of the company’s stock valued at $62,410,000 after acquiring an additional 647,790 shares during the period. Koch Industries Inc. boosted its holdings in 21st Century Fox by 2,375.3% during the 4th quarter. Koch Industries Inc. now owns 261,689 shares of the company’s stock valued at $9,036,000 after acquiring an additional 251,117 shares during the period. Coastline Trust Co purchased a new position in 21st Century Fox during the 4th quarter valued at about $311,000. DnB Asset Management AS boosted its holdings in 21st Century Fox by 25.3% during the 4th quarter. DnB Asset Management AS now owns 142,850 shares of the company’s stock valued at $4,933,000 after acquiring an additional 28,800 shares during the period. Finally, Rhumbline Advisers boosted its holdings in 21st Century Fox by 2.4% during the 4th quarter. Rhumbline Advisers now owns 1,894,185 shares of the company’s stock valued at $65,406,000 after acquiring an additional 45,081 shares during the period. Institutional investors own 53.78% of the company’s stock.
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21st Century Fox Company Profile
Twenty-First Century Fox, Inc, together with its subsidiaries, operates as a diversified media and entertainment company primarily in the United States, the United Kingdom, Continental Europe, Asia, and Latin America. It operates through Cable Network Programming, Television, and Filmed Entertainment segments.
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