Today The Markston International LLC Has $12,792,000 Position in Twenty-First Century Fox, Inc. (FOXA)

Today The Markston International LLC Has $12,792,000 Position in Twenty-First Century Fox, Inc. (FOXA)

Markston International LLC increased its position in Twenty-First Century Fox, Inc. (NASDAQ:FOXA) by 101.2% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 528,158 shares of the company’s stock after buying an additional 265,606 shares during the period. Twenty-First Century Fox accounts for about 1.2% of Markston International LLC’s holdings, making the stock its 26th largest position. Markston International LLC’s holdings in Twenty-First Century Fox were worth $12,792,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of FOXA. NEXT Financial Group Inc increased its stake in shares of Twenty-First Century Fox by 93.7% in the third quarter. NEXT Financial Group Inc now owns 4,697 shares of the company’s stock worth $114,000 after buying an additional 2,272 shares during the period. Synovus Financial Corp increased its stake in shares of Twenty-First Century Fox by 53.1% in the third quarter. Synovus Financial Corp now owns 4,965 shares of the company’s stock worth $120,000 after buying an additional 1,723 shares during the period. Johnson Financial Group Inc. increased its stake in shares of Twenty-First Century Fox by 5,109.9% in the second quarter. Johnson Financial Group Inc. now owns 4,741 shares of the company’s stock worth $128,000 after buying an additional 4,650 shares during the period. SevenBridge Financial Group LLC acquired a new stake in shares of Twenty-First Century Fox during the second quarter worth about $166,000. Finally, Quadrant Capital Group LLC increased its stake 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 worth $171,000 after buying an additional 159 shares during the period. 53.48% of the stock is owned by hedge funds and other institutional investors.

Twenty-First Century Fox, Inc. (NASDAQ:FOXA) traded up 0.33% during mid-day trading on Wednesday, hitting $30.38. The company had a trading volume of 1,592,893 shares. The stock has a 50 day moving average price of $28.80 and a 200-day moving average price of $26.58. Twenty-First Century Fox, Inc. has a 1-year low of $22.66 and a 1-year high of $31.25. The stock has a market capitalization of $56.36 billion, a PE ratio of 20.08 and a beta of 1.29.

Twenty-First Century Fox (NASDAQ:FOXA) last issued its earnings results on Wednesday, November 2nd. The company reported $0.51 earnings per share for the quarter, topping the consensus estimate of $0.44 by $0.07. The company earned $6.51 billion during the quarter, compared to the consensus estimate of $6.49 billion. Twenty-First Century Fox had a net margin of 10.45% and a return on equity of 23.28%. Twenty-First Century Fox’s quarterly revenue was up 7.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.38 EPS. On average, analysts forecast that Twenty-First Century Fox, Inc. will post $1.92 earnings per share for the current year.

A number of equities research analysts recently issued reports on FOXA shares. BMO Capital Markets reiterated a “buy” rating and issued a $31.00 price objective on shares of Twenty-First Century Fox in a research report on Thursday, November 3rd. Jefferies Group LLC reiterated a “buy” rating on shares of Twenty-First Century Fox in a research report on Friday, September 30th. Stifel Nicolaus reiterated a “buy” rating on shares of Twenty-First Century Fox in a research report on Saturday, December 10th. TheStreet upgraded Twenty-First Century Fox from a “hold” rating to a “buy” rating in a research report on Wednesday, November 16th. Finally, Brean Capital upgraded Twenty-First Century Fox from a “hold” rating to a “buy” rating and set a $33.00 price objective on the stock in a research report on Tuesday, December 13th. Ten investment analysts have rated the stock with a hold rating and twenty have assigned a buy rating to the company’s stock. Twenty-First Century Fox has an average rating of “Buy” and an average target price of $32.37.

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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