Investors Sell Twenty-First Century Fox (FOXA) on Strength (FOXA)

Traders sold shares of Twenty-First Century Fox Inc (NASDAQ:FOXA) on strength during trading on Thursday. $23.91 million flowed into the stock on the tick-up and $92.19 million flowed out of the stock on the tick-down, for a money net flow of $68.28 million out of the stock. Of all stocks tracked, Twenty-First Century Fox had the 0th highest net out-flow for the day. Twenty-First Century Fox traded up $0.34 for the day and closed at $48.27

Several research firms have recently issued reports on FOXA. Morgan Stanley upped their price target on Twenty-First Century Fox from $53.00 to $54.00 and gave the stock an “overweight” rating in a research note on Thursday, November 8th. Pivotal Research reiterated a “hold” rating and set a $45.00 price target on shares of Twenty-First Century Fox in a research note on Thursday, November 8th. UBS Group downgraded Twenty-First Century Fox from a “buy” rating to a “neutral” rating and set a $39.00 price target for the company. in a research note on Friday, July 20th. Evercore ISI assumed coverage on Twenty-First Century Fox in a research note on Monday, November 5th. They set an “outperform” rating and a $52.00 target price for the company. Finally, Barclays assumed coverage on Twenty-First Century Fox in a research note on Friday, October 19th. They set an “overweight” rating for the company. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and thirteen have assigned a buy rating to the company. Twenty-First Century Fox currently has an average rating of “Buy” and a consensus price target of $46.06.

The company has a market cap of $89.05 billion, a price-to-earnings ratio of 24.50, a P/E/G ratio of 2.96 and a beta of 1.21. The company has a debt-to-equity ratio of 0.84, a current ratio of 2.45 and a quick ratio of 1.96.

Twenty-First Century Fox (NASDAQ:FOXA) last posted its quarterly earnings results on Wednesday, November 7th. The company reported $0.52 EPS for the quarter, meeting the consensus estimate of $0.52. The firm had revenue of $7.18 billion during the quarter, compared to analysts’ expectations of $7.23 billion. Twenty-First Century Fox had a return on equity of 18.01% and a net margin of 16.01%. The company’s revenue for the quarter was up 2.5% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.49 EPS. As a group, equities analysts forecast that Twenty-First Century Fox Inc will post 1.96 earnings per share for the current year.

A number of institutional investors have recently bought and sold shares of the business. World Asset Management Inc raised its holdings in Twenty-First Century Fox by 1.6% in the 2nd quarter. World Asset Management Inc now owns 68,138 shares of the company’s stock valued at $3,386,000 after acquiring an additional 1,101 shares in the last quarter. People s United Financial Inc. raised its holdings in Twenty-First Century Fox by 7.7% in the 3rd quarter. People s United Financial Inc. now owns 16,547 shares of the company’s stock valued at $766,000 after acquiring an additional 1,187 shares in the last quarter. Whittier Trust Co. of Nevada Inc. raised its holdings in Twenty-First Century Fox by 22.4% in the 2nd quarter. Whittier Trust Co. of Nevada Inc. now owns 6,623 shares of the company’s stock valued at $233,000 after acquiring an additional 1,214 shares in the last quarter. ACG Wealth raised its holdings in Twenty-First Century Fox by 13.7% in the 2nd quarter. ACG Wealth now owns 10,338 shares of the company’s stock valued at $514,000 after acquiring an additional 1,243 shares in the last quarter. Finally, Kaizen Advisory LLC raised its holdings in Twenty-First Century Fox by 121.8% in the 2nd quarter. Kaizen Advisory LLC now owns 2,278 shares of the company’s stock valued at $113,000 after acquiring an additional 1,251 shares in the last quarter. 53.98% of the stock is owned by hedge funds and other institutional investors.

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Twenty-First Century Fox Company Profile (NASDAQ:FOXA)

Twenty-First Century Fox, Inc operates as a diversified media and entertainment company primarily in the United States and Canada, Europe, and internationally. It operates through Cable Network Programming, Television, and Filmed Entertainment segments. The company produces and licenses news, business news, sports, general entertainment, factual entertainment, and movie programming for distribution primarily through cable television systems, direct broadcast satellite operators, telecommunication companies, and online video distributors.

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