Today, Twenty-First Century Fox Inc. (FOX) Rating Increased to Buy at TheStreet

Today, Twenty-First Century Fox Inc. (FOX) Rating Increased to Buy at TheStreet

TheStreet upgraded shares of Twenty-First Century Fox Inc. (NASDAQ:FOX) from a hold rating to a buy rating in a report issued on Monday morning.

FOX has been the topic of a number of other reports. Zacks Investment Research downgraded shares of Twenty-First Century Fox from a hold rating to a sell rating in a research report on Wednesday, September 28th. RBC Capital Markets restated an outperform rating and issued a $32.00 price target (down from $36.00) on shares of Twenty-First Century Fox in a research report on Thursday, August 4th. Citigroup Inc. restated a buy rating and issued a $31.00 price target (down from $32.00) on shares of Twenty-First Century Fox in a research report on Tuesday, August 16th. FBR & Co reaffirmed a market perform rating and issued a $38.00 price objective (down previously from $42.00) on shares of Twenty-First Century Fox in a report on Friday, August 5th. Finally, Barclays PLC reaffirmed an equal weight rating and issued a $29.00 price objective (down previously from $33.00) on shares of Twenty-First Century Fox in a report on Wednesday, August 10th. Eight investment analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company’s stock. Twenty-First Century Fox has a consensus rating of Buy and an average price target of $32.44.

Shares of Twenty-First Century Fox (NASDAQ:FOX) opened at 28.28 on Monday. The stock has a market cap of $52.47 billion, a P/E ratio of 18.69 and a beta of 1.22. Twenty-First Century Fox has a one year low of $22.65 and a one year high of $31.16. The firm has a 50 day moving average of $26.27 and a 200 day moving average of $26.85.

Several hedge funds and other institutional investors have recently made changes to their positions in FOX. ValueAct Holdings L.P. boosted its position in shares of Twenty-First Century Fox by 6.3% in the third quarter. ValueAct Holdings L.P. now owns 50,326,334 shares of the company’s stock valued at $1,245,074,000 after buying an additional 3,000,000 shares during the last quarter. Price T Rowe Associates Inc. MD boosted its position in shares of Twenty-First Century Fox by 13.3% in the third quarter. Price T Rowe Associates Inc. MD now owns 30,944,809 shares of the company’s stock valued at $765,575,000 after buying an additional 3,629,049 shares during the last quarter. Morgan Stanley boosted its position in shares of Twenty-First Century Fox by 4.5% in the third quarter. Morgan Stanley now owns 16,992,898 shares of the company’s stock valued at $420,403,000 after buying an additional 725,640 shares during the last quarter. BlackRock Institutional Trust Company N.A. boosted its position in shares of Twenty-First Century Fox by 10.3% in the third quarter. BlackRock Institutional Trust Company N.A. now owns 12,362,046 shares of the company’s stock valued at $305,837,000 after buying an additional 1,156,535 shares during the last quarter. Finally, Vanguard Group Inc. boosted its position in shares of Twenty-First Century Fox by 34.3% in the second quarter. Vanguard Group Inc. now owns 10,389,777 shares of the company’s stock valued at $283,121,000 after buying an additional 2,655,094 shares during the last quarter. Institutional investors own 22.09% of the company’s stock.

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