Oregon Public Employees Retirement Fund Continues to Hold Stake in Twenty-First Century Fox, Inc. (NASDAQ:FOX)

Oregon Public Employees Retirement Fund maintained its position in shares of Twenty-First Century Fox, Inc. (NASDAQ:FOX) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 50,831 shares of the company’s stock at the end of the second quarter. Oregon Public Employees Retirement Fund’s holdings in Twenty-First Century Fox were worth $1,417,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Capstone Asset Management Co. increased its position in shares of Twenty-First Century Fox by 5.1% in the first quarter. Capstone Asset Management Co. now owns 14,510 shares of the company’s stock worth $461,000 after buying an additional 710 shares during the last quarter. Bank of Montreal Can increased its position in shares of Twenty-First Century Fox by 16.6% in the first quarter. Bank of Montreal Can now owns 153,468 shares of the company’s stock worth $4,877,000 after buying an additional 21,854 shares during the last quarter. Highland Capital Management LLC increased its position 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. National Pension Service increased its position 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, Douglass Winthrop Advisors LLC bought a new position in shares of Twenty-First Century Fox during the first quarter worth approximately $26,510,000. Hedge funds and other institutional investors own 23.07% of the company’s stock.

Shares of Twenty-First Century Fox, Inc. (FOX) opened at 26.79 on Friday. The stock’s 50 day moving average price is $27.82 and its 200-day moving average price is $28.84. The firm has a market capitalization of $49.59 billion, a price-to-earnings ratio of 16.89 and a beta of 1.19. Twenty-First Century Fox, Inc. has a 12 month low of $23.88 and a 12 month high of $31.94.

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

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

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A number of research analysts recently commented on the company. BidaskClub upgraded Twenty-First Century Fox from a “strong sell” rating to a “sell” rating in a research note on Monday, July 31st. Zacks Investment Research upgraded Twenty-First Century Fox from a “sell” rating to a “buy” rating and set a $31.00 price objective for the company in a report on Tuesday, June 13th. Finally, TheStreet upgraded Twenty-First Century Fox from a “c+” rating to a “b-” rating in a report on Friday, August 4th. One 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 stock currently has a consensus rating of “Hold” and a consensus target price of $33.00.

In related news, CEO James R. Murdoch sold 111,713 shares of Twenty-First Century Fox stock in a transaction dated 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 sale, the chief executive officer now owns 234,236 shares of the company’s stock, valued at $6,544,553.84. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director David F. Devoe sold 30,149 shares of Twenty-First Century Fox stock in a transaction dated Tuesday, August 15th. The shares were 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 directly owns 55,647 shares in the company, valued at approximately $1,558,672.47. The disclosure for this sale can be found here. Insiders own 39.40% of the company’s stock.

About Twenty-First Century Fox

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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