Twenty-First Century Fox, Stocks Unloaded By Systematic Financial Management

Marco Green
September 14, 2017

(FOX) - averaging the work of different analysts - reveals a mean PT of $36/share. The stock has "Outperform" rating by Telsey Advisory Group on Friday, February 5. Minnesota-based Thrivent Financial For Lutherans has invested 0% in Twenty-First Century Fox Inc (NASDAQ:FOX).

The company has mean EPS estimate of 0.35 reported by 23 number of analyst for the quarter ending Current Qtr.(Sep2017).

Twenty-First Century Fox (NASDAQ:FOXA) last issued its earnings results on Wednesday, August 9th. The hedge fund run by Donald Yacktman held 43.58 million shares of the consumer services company at the end of 2016Q4, valued at $1.22B, down from 47.60 million at the end of the previous reported quarter. Insider ownership increased by a total of 0 shares, which suggests that FOXA's key executives are feeling more optimistic about the outlook for the stock. Creative Planning grew its position in shares of Twenty-First Century Fox by 3.6% in the 1st quarter. Dodge & Cox sold 42,100 shares as the company's stock declined 10.68% while stock markets rallied. Twenty-First Century Fox Inc (NASDAQ:FOXA) has declined 2.90% since September 13, 2016 and is downtrending. Creative Planning grew its stake in Twenty-First Century Fox by 3.6% in the 1st quarter. The share price has moved backward from its 20 days moving average, trading at a distance of -4.56% and stays -6.8% away from its 50 days moving average. The Ontario - Canada-based Ci Invs has invested 0.48% in Twenty-First Century Fox Inc (NASDAQ:FOX). Revenue during the quarter was $6.75 billion, representing 2% growth from $6.65 billion in year-ago quarter. The stock rose 0.08% or $0.02 reaching $25.97 per share. The stock of Twenty-First Century Fox Inc (NASDAQ:FOXA) earned "Market Perform" rating by Bernstein on Friday, September 16.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 18th. SHO has risen 2.58% in the 1-month period. The ex-dividend date of this dividend is Tuesday, September 12th. ValuEngine lifted Twenty-First Century Fox from a "hold" recommendation to a "buy" recommendation in a study on Thurs, Jul 6th. Of the analysts surveyed by Reuters that track News Corporation 5 of them rate its stock a hold. Jefferies maintained Twenty-First Century Fox Inc (NASDAQ:FOXA) on Monday, August 21 with "Buy" rating. Finally, Zacks Investment Research upgraded shares of Twenty-First Century Fox from a "sell" rating to a "buy" rating and set a $31.00 target price for the company in a research note on Tuesday, June 13th. As per Wednesday, February 1, the company rating was upgraded by Moffett Nathanson.

TRADEMARK VIOLATION NOTICE: This article was first reported by TrueBlueTribune and is the property of of TrueBlueTribune. If you are viewing this news story on another publication, it was copied illegally and reposted in violation of U.S. & global copyright & trademark legislation. Fmc Technologies Inc now has $12.12 billion valuation. Bronson Point Management Llc sold 25,000 shares as Twenty First Centy Fox Inc (FOXA)'s stock declined 10.68%. There are brokerage firms with lower targets than the average, including one setting a price target of $35. Wellington Management Group LLP now owns 34,076,667 shares of the company's stock worth $1,103,742,000 after purchasing an additional 1,437,559 shares in the last quarter. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. On Tuesday, April 5 the stock rating was downgraded by Bank of America to "Neutral". The stock was sold at an average price of $27.94, for a total value of $3,121,261.22. JPMorgan Chase & Co. now owns 26,630,790 shares of the company's stock worth $754,718,000 after purchasing an additional 2,140,568 shares in the last quarter. The disclosure for this sale can be found here. Aberdeen Asset Public Limited Uk holds 0.03% of its portfolio in Twenty-First Century Fox Inc (NASDAQ:FOX) for 311,990 shares. The Cable Network Programming segment produces and licenses news, firm news, sports, general entertainment, factual entertainment and movie programming for distribution.

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