ibusinesslines.com August 21, 2017

Chevy Chase Trust Holdings Inc. Decreases Position in Twenty-First Century Fox, Inc

13 August 2017, 06:55 | Myron Mathis

99.1% Of Twenty-First Century Fox, Inc. (FOXA) Is Owned By Hedge Funds

Why Fox Stock Fell after Its Fiscal 4Q17 Results

(NASDAQ:FOXA) by 4.8% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC).

A number of institutional investors have recently made changes to their positions in the company. Northern Trust Corporation (NASDAQ:NTRS) has risen 22.45% since August 11, 2016 and is uptrending. BlackRock Inc. now owns 57,769,482 shares of the company's stock valued at $1,871,155,000 after buying an additional 55,150,610 shares during the last quarter. Capital One National Association boosted its position in Twenty-First Century Fox by 6.1% in the second quarter. In this case, shares are 19.5% higher from $23.33, the worst price in 52 weeks suffered on Sep. Fulton Bank N.A. now owns 14,139 shares of the company's stock worth $401,000 after buying an additional 7,898 shares during the last quarter.

Twenty-First Century Fox, Inc.'s ROA is 6.64%, while industry's average is -103.45%. The fund owned 151,947 shares of the company's stock after selling 17,843 shares during the period. Jefferies Group also issued estimates for Twenty-First Century Fox's Q4 2019 earnings at $0.53 EPS and FY2020 earnings at $2.54 EPS. Alliancebernstein L.P. now owns 6,083,023 shares of the company's stock valued at $197,029,000 after buying an additional 4,169,322 shares during the last quarter. Moreover, Polaris Capital Management Llc has 2.01% invested in the company for 573,641 shares.

On 08/10/2017 close, Twenty-First Century Fox, Inc. The fund bought 3,299 shares of the company's stock, valued at approximately $105,000. The sales growth rate helps investors determine how strong the overall growth-orientation is for a stock or portfolio. Current price places the company's stock -3.72% away from its 200-day simple moving average, -0.42%, away from the 50-day average and also -1.23% away from 20-day average. The stock of Twenty-First Century Fox Inc (NASDAQ:FOXA) has "Buy" rating given on Friday, August 14 by Citigroup. The company reported $0.36 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.37 by $0.01. The firm had revenue of $6.75 billion for the quarter, compared to analysts' expectations of $6.79 billion. Over the past five trading sessions it is -3.26%; -2.69% for the month; -2.24% for the last quarter; -7.44% for the past six-months; and 8.99% for the last 12 months. The firm's revenue was up 1.5% on a year-over-year basis. Equities analysts forecast that Twenty-First Century Fox, Inc. will post $2.03 earnings per share for the current fiscal year. Stockholders of record on Wednesday, September 13th will be given a dividend of $0.18 per share. The ex-dividend date of this dividend is Tuesday, September 12th. This represents a yield of 1.29%. Twenty-First Century Fox's dividend payout ratio (DPR) is presently 22.64%. (NASDAQ:AMZN) news were published by: Reuters.com which released: "Amazon looks to new food technology for home delivery" on August 11, 2017, also Reuters.com with their article: "Exclusive: Amazon in talks to offer event ticketing in U.S. - sources" published on August 10, 2017, Fool.com published: "Amazon.com, Inc.'s Prime Day in 6 Wild Stats" on July 12, 2017. If you are viewing this piece of content on another site, it was illegally copied and reposted in violation of United States and worldwide copyright & trademark law. The original version of this piece can be viewed at https://stocknewstimes.com/2017/08/12/twenty-first-century-fox-inc-nasdaqfoxa-expected-to-earn-q2-2018-earnings-of-0-51-per-share.html. Equity research analysts have given opinions on where they foresees the stock level. Finally, Zacks Investment Research cut shares of Twenty-First Century Fox from a "hold" rating to a "sell" rating in a report on Tuesday, April 18th. FBR & Co cut their price target on Twenty-First Century Fox from $34.00 to $31.00 and set a "mkt perform" rating for the company in a report on Thursday, May 11th. LBTYA stock price revealed optimistic move of 2.80% comparing average price of last 200 days. Finally, Instinet reissued a "buy" rating and set a $35.00 price objective (down previously from $37.00) on shares of Twenty-First Century Fox in a report on Thursday, May 11th. The company has an average rating of "Buy" and a consensus price target of $33.23.

For the past 5 years, Twenty-First Century Fox, Inc.'s EPS growth has been almost 10.3%. The Company's divisions include Commercial Banking, Community Banking, HSA Bank, Private Banking, and Corporate and Reconciling. The Cable Network Programming segment produces and licenses news, business news, sports, general entertainment, factual entertainment and movie programming for distribution. The rating was maintained by BMO Capital Markets with "Buy" on Friday, June 16.

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