Caxton Associates LP Buys New Holdings in Twenty-First Century Fox, Inc. (FOXA)

Caxton Associates LP bought a new stake in Twenty-First Century Fox, Inc. (NASDAQ:FOXA) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 18,500 shares of the company’s stock, valued at approximately $488,000.

Several other large investors also recently added to or reduced their stakes in FOXA. Capital Research Global Investors increased its holdings in shares of Twenty-First Century Fox by 20.2% in the second quarter. Capital Research Global Investors now owns 85,581,646 shares of the company’s stock valued at $2,425,384,000 after purchasing an additional 14,398,422 shares during the period. Northern Trust Corp increased its holdings in shares of Twenty-First Century Fox by 17.4% in the second quarter. Northern Trust Corp now owns 17,652,970 shares of the company’s stock valued at $500,285,000 after purchasing an additional 2,621,748 shares during the period. JPMorgan Chase & Co. increased its holdings in shares of Twenty-First Century Fox by 8.7% in the second quarter. JPMorgan Chase & Co. now owns 26,630,790 shares of the company’s stock valued at $754,718,000 after purchasing an additional 2,140,568 shares during the period. Independent Franchise Partners LLP increased its holdings in shares of Twenty-First Century Fox by 7.7% in the third quarter. Independent Franchise Partners LLP now owns 28,394,638 shares of the company’s stock valued at $749,050,000 after purchasing an additional 2,039,154 shares during the period. Finally, Investec Asset Management LTD grew its holdings in Twenty-First Century Fox by 30.9% during the third quarter. Investec Asset Management LTD now owns 6,256,717 shares of the company’s stock worth $165,052,000 after acquiring an additional 1,476,826 shares during the period. 54.50% of the stock is currently owned by institutional investors and hedge funds.

Shares of Twenty-First Century Fox, Inc. (NASDAQ FOXA) opened at $32.75 on Thursday. The company has a current ratio of 2.08, a quick ratio of 1.73 and a debt-to-equity ratio of 1.09. The company has a market capitalization of $63,171.20, a price-to-earnings ratio of 17.76, a price-to-earnings-growth ratio of 2.34 and a beta of 1.34. Twenty-First Century Fox, Inc. has a 12-month low of $24.81 and a 12-month high of $34.75.

Twenty-First Century Fox (NASDAQ:FOXA) last posted its earnings results on Wednesday, November 8th. The company reported $0.49 EPS for the quarter, topping the Zacks’ consensus estimate of $0.48 by $0.01. The company had revenue of $7 billion for the quarter, compared to the consensus estimate of $6.80 billion. Twenty-First Century Fox had a return on equity of 21.41% and a net margin of 10.30%. Twenty-First Century Fox’s quarterly revenue was up 7.6% compared to the same quarter last year. During the same period in the previous year, the business earned $0.51 earnings per share. equities analysts predict that Twenty-First Century Fox, Inc. will post 1.98 EPS for the current year.

A number of brokerages recently weighed in on FOXA. B. Riley reaffirmed a “neutral” rating on shares of Twenty-First Century Fox in a report on Wednesday, November 1st. Jefferies Group reaffirmed a “buy” rating and set a $35.00 price objective on shares of Twenty-First Century Fox in a report on Tuesday, September 26th. Wells Fargo & Company reaffirmed an “outperform” rating on shares of Twenty-First Century Fox in a report on Thursday, December 7th. Piper Jaffray Companies reaffirmed a “buy” rating on shares of Twenty-First Century Fox in a report on Tuesday, September 26th. Finally, Rosenblatt Securities reaffirmed a “buy” rating and set a $40.00 price objective on shares of Twenty-First Century Fox in a report on Monday, December 4th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and seventeen have issued a buy rating to the stock. Twenty-First Century Fox currently has an average rating of “Buy” and a consensus target price of $34.39.

TRADEMARK VIOLATION WARNING: “Caxton Associates LP Buys New Holdings in Twenty-First Century Fox, Inc. (FOXA)” was posted by Week Herald and is the sole property of of Week Herald. If you are viewing this piece on another website, it was illegally copied and reposted in violation of United States and international copyright and trademark laws. The original version of this piece can be accessed at https://weekherald.com/2017/12/14/caxton-associates-lp-buys-new-holdings-in-twenty-first-century-fox-inc-foxa.html.

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:FOXA)

Receive News & Ratings for Twenty-First Century Fox Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Twenty-First Century Fox and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply