Today: The Whittier Trust Co. of Nevada Inc. Maintains Stake in Twenty-First Century Fox Inc. (FOXA)

The Whittier Trust Co. of Nevada Inc. Maintains Stake in Twenty-First Century Fox Inc. (FOXA)

Whittier Trust Co. of Nevada Inc. maintained its position in shares of Twenty-First Century Fox Inc. (NASDAQ:FOXA) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 6,510 shares of the company’s stock at the end of the second quarter. Whittier Trust Co. of Nevada Inc.’s holdings in Twenty-First Century Fox were worth $176,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of the stock. Quadrant Capital Group LLC increased its position in shares of Twenty-First Century Fox by 2.4% in the second quarter. Quadrant Capital Group LLC now owns 6,713 shares of the company’s stock valued at $171,000 after buying an additional 159 shares during the last quarter. Markston International LLC increased its position in shares of Twenty-First Century Fox by 2.1% in the second quarter. Markston International LLC now owns 262,552 shares of the company’s stock worth $7,102,000 after buying an additional 5,457 shares in the last quarter. Candriam Luxembourg S.C.A. increased its position in shares of Twenty-First Century Fox by 89.8% in the second quarter. Candriam Luxembourg S.C.A. now owns 549,172 shares of the company’s stock worth $14,856,000 after buying an additional 259,862 shares in the last quarter. Cullen Frost Bankers Inc. increased its position in shares of Twenty-First Century Fox by 3.4% in the second quarter. Cullen Frost Bankers Inc. now owns 409,595 shares of the company’s stock worth $11,079,000 after buying an additional 13,458 shares in the last quarter. Finally, Seaward Management Limited Partnership increased its position in shares of Twenty-First Century Fox by 0.7% in the second quarter. Seaward Management Limited Partnership now owns 901,699 shares of the company’s stock worth $24,390,000 after buying an additional 6,376 shares in the last quarter. Institutional investors own 53.31% of the company’s stock.

Twenty-First Century Fox Inc. (NASDAQ:FOXA) traded down 0.41% during trading on Wednesday, reaching $24.54. 4,132,308 shares of the company’s stock traded hands. The firm’s 50 day moving average price is $24.31 and its 200-day moving average price is $27.23. Twenty-First Century Fox Inc. has a one year low of $22.66 and a one year high of $31.40. The stock has a market cap of $45.71 billion, a P/E ratio of 17.33 and a beta of 1.34.

Twenty-First Century Fox (NASDAQ:FOXA) last released its quarterly earnings results on Wednesday, August 3rd. The company reported $0.45 EPS for the quarter, beating the consensus estimate of $0.37 by $0.08. Twenty-First Century Fox had a net margin of 10.08% and a return on equity of 21.63%. The firm earned $6.65 billion during the quarter, compared to the consensus estimate of $6.68 billion. During the same quarter in the prior year, the firm earned $0.39 EPS. Twenty-First Century Fox’s revenue for the quarter was up 7.1% on a year-over-year basis. On average, equities analysts anticipate that Twenty-First Century Fox Inc. will post $1.92 earnings per share for the current fiscal year.

The firm also recently declared a dividend, which will be paid on Wednesday, October 19th. Investors of record on Wednesday, September 14th will be given a $0.18 dividend. This is an increase from Twenty-First Century Fox’s previous dividend of $0.15. The ex-dividend date is Monday, September 12th. Twenty-First Century Fox’s dividend payout ratio is 25.35%.

A number of brokerages have commented on FOXA. Nomura restated a “buy” rating on shares of Twenty-First Century Fox in a research note on Saturday, July 9th. Jefferies Group lowered their price target on shares of Twenty-First Century Fox from $33.00 to $32.00 and set a “buy” rating for the company in a research report on Thursday, August 4th. FBR & Co lowered their price target on shares of Twenty-First Century Fox from $42.00 to $38.00 and set a “market perform” rating for the company in a research report on Thursday, August 4th. RBC Capital Markets reaffirmed a “buy” rating and issued a $32.00 price target (down previously from $36.00) on shares of Twenty-First Century Fox in a research report on Thursday, August 4th. Finally, Zacks Investment Research raised shares of Twenty-First Century Fox from a “sell” rating to a “hold” rating in a research report on Tuesday, July 26th. One equities research analyst has rated the stock with a sell rating, ten have assigned a hold rating and seventeen have given a buy rating to the company’s stock. Twenty-First Century Fox has a consensus rating of “Buy” and a consensus price target of $31.61.

About Twenty-First Century Fox

Twenty-First Century Fox, Inc is a media and entertainment company. The Company operates through segments: Cable Network Programming, Television, Filmed Entertainment, and Other, Corporate and Eliminations. 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, telecommunications companies and online video distributors in the United States and internationally.

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