Fjarde AP Fonden Fourth Swedish National Pension Fund trimmed its position in Twenty-First Century Fox Inc Class B (NASDAQ:FOX) by 6.1% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 127,801 shares of the company’s stock after selling 8,283 shares during the quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Twenty-First Century Fox Inc Class B were worth $6,297,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently made changes to their positions in the business. Federated Investors Inc. PA lifted its position in shares of Twenty-First Century Fox Inc Class B by 41.9% in the first quarter. Federated Investors Inc. PA now owns 6,939 shares of the company’s stock worth $252,000 after purchasing an additional 2,050 shares in the last quarter. Ffcm LLC purchased a new stake in shares of Twenty-First Century Fox Inc Class B in the first quarter worth approximately $274,000. Quantitative Systematic Strategies LLC purchased a new stake in shares of Twenty-First Century Fox Inc Class B in the first quarter worth approximately $277,000. Commerzbank Aktiengesellschaft FI purchased a new stake in shares of Twenty-First Century Fox Inc Class B in the first quarter worth approximately $332,000. Finally, OLD Mission Capital LLC purchased a new stake in shares of Twenty-First Century Fox Inc Class B in the fourth quarter worth approximately $334,000. Institutional investors own 24.06% of the company’s stock.
Get Twenty-First Century Fox Inc Class B alerts:Separately, ValuEngine raised shares of Twenty-First Century Fox Inc Class B from a “hold” rating to a “buy” rating in a research report on Wednesday, May 23rd. Three research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company’s stock. Twenty-First Century Fox Inc Class B presently has a consensus rating of “Buy” and an average target price of $43.00.
Twenty-First Century Fox Inc Class B opened at $47.19 on Monday, according to Marketbeat.com. The company has a quick ratio of 1.65, a current ratio of 2.05 and a debt-to-equity ratio of 0.91. The company has a market capitalization of $87.42 billion, a PE ratio of 26.81 and a beta of 1.26. Twenty-First Century Fox Inc Class B has a 52-week low of $24.30 and a 52-week high of $49.65.
Twenty-First Century Fox Inc Class B (NASDAQ:FOX) last issued its quarterly earnings data on Wednesday, May 9th. The company reported $0.49 earnings per share for the quarter. The firm had revenue of $7.42 billion for the quarter. Twenty-First Century Fox Inc Class B had a net margin of 13.76% and a return on equity of 17.50%.
Twenty-First Century Fox Inc Class B Company Profile
Twenty-First Century Fox, Inc, together with its subsidiaries, operates as a diversified media and entertainment company primarily in the United States, the United Kingdom, Continental Europe, Asia, and Latin America. It operates through Cable Network Programming, Television, and Filmed Entertainment segments.
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