Sei Investments Co. Increases Stake in Twenty-First Century Fox, Inc. (NASDAQ:FOX)

Sei Investments Co. raised its stake in shares of Twenty-First Century Fox, Inc. (NASDAQ:FOX) by 6.6% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 467,314 shares of the company’s stock after buying an additional 28,739 shares during the period. Sei Investments Co.’s holdings in Twenty-First Century Fox were worth $13,025,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the stock. Teachers Advisors LLC increased its position in Twenty-First Century Fox by 4.2% in the fourth quarter. Teachers Advisors LLC now owns 561,758 shares of the company’s stock valued at $15,308,000 after buying an additional 22,560 shares during the period. Chevy Chase Trust Holdings Inc. increased its stake in shares of Twenty-First Century Fox by 3.2% in the first quarter. Chevy Chase Trust Holdings Inc. now owns 420,057 shares of the company’s stock worth $13,349,000 after buying an additional 12,883 shares during the last quarter. Creative Planning increased its stake in shares of Twenty-First Century Fox by 3.6% in the first quarter. Creative Planning now owns 4,188 shares of the company’s stock worth $133,000 after buying an additional 144 shares during the last quarter. National Pension Service increased its stake in shares of Twenty-First Century Fox by 8.2% in the first quarter. National Pension Service now owns 416,039 shares of the company’s stock worth $13,176,000 after buying an additional 31,611 shares during the last quarter. Finally, Highland Capital Management LLC increased its stake in shares of Twenty-First Century Fox by 15.6% in the first quarter. Highland Capital Management LLC now owns 111,649 shares of the company’s stock worth $3,548,000 after buying an additional 15,100 shares during the last quarter. Institutional investors and hedge funds own 23.07% of the company’s stock.

Twenty-First Century Fox, Inc. (FOX) traded down 0.37% during midday trading on Friday, hitting $26.79. 2,456,525 shares of the stock were exchanged. Twenty-First Century Fox, Inc. has a 1-year low of $23.88 and a 1-year high of $31.94. The company’s 50 day moving average is $27.82 and its 200 day moving average is $28.84. The company has a market capitalization of $49.59 billion, a P/E ratio of 16.89 and a beta of 1.19.

Twenty-First Century Fox (NASDAQ:FOX) last announced its quarterly earnings results on Wednesday, August 9th. The company reported $0.36 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.37 by $0.01. Twenty-First Century Fox had a net margin of 10.36% and a return on equity of 22.47%. The company had revenue of $6.75 billion for the quarter. During the same quarter in the previous year, the company posted $0.45 EPS. Analysts predict that Twenty-First Century Fox, Inc. will post $2.03 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 18th. Stockholders of record on Wednesday, September 13th will be issued a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a dividend yield of 2.69%. The ex-dividend date is Tuesday, September 12th. Twenty-First Century Fox’s payout ratio is 22.64%.

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A number of equities research analysts have issued reports on FOX shares. TheStreet downgraded shares of Twenty-First Century Fox from a “b” rating to a “c+” rating in a research note on Wednesday, May 24th. Zacks Investment Research upgraded shares of Twenty-First Century Fox from a “sell” rating to a “buy” rating and set a $31.00 price objective on the stock in a research note on Tuesday, June 13th. Finally, BidaskClub upgraded shares of Twenty-First Century Fox from a “strong sell” rating to a “sell” rating in a research note on Monday, July 31st. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and two have assigned a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of $33.00.

In other Twenty-First Century Fox news, Director David F. Devoe sold 30,149 shares of the company’s stock in a transaction that occurred on Tuesday, August 15th. The stock was sold at an average price of $28.01, for a total value of $844,473.49. Following the completion of the sale, the director now owns 55,647 shares of the company’s stock, valued at $1,558,672.47. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO James R. Murdoch sold 111,713 shares of the company’s stock in a transaction that occurred on Tuesday, August 15th. The stock was sold at an average price of $27.94, for a total value of $3,121,261.22. Following the completion of the sale, the chief executive officer now directly owns 234,236 shares of the company’s stock, valued at approximately $6,544,553.84. The disclosure for this sale can be found here. 39.40% of the stock is currently owned by insiders.

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.

Institutional Ownership by Quarter for Twenty-First Century Fox (NASDAQ:FOX)

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