Conning Inc. increased its position in Twenty-First Century Fox Inc (NASDAQ:FOX) by 21.1% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 9,310 shares of the company’s stock after buying an additional 1,620 shares during the period. Conning Inc.’s holdings in Twenty-First Century Fox were worth $427,000 at the end of the most recent reporting period.
A number of other large investors have also recently added to or reduced their stakes in the stock. Boussard & Gavaudan Investment Management LLP grew its holdings in Twenty-First Century Fox by 400.1% during the third quarter. Boussard & Gavaudan Investment Management LLP now owns 2,977,860 shares of the company’s stock valued at $136,654,000 after purchasing an additional 2,382,405 shares during the last quarter. State of New Jersey Common Pension Fund D grew its holdings in Twenty-First Century Fox by 1,100.0% during the third quarter. State of New Jersey Common Pension Fund D now owns 2,400,000 shares of the company’s stock valued at $109,968,000 after purchasing an additional 2,200,000 shares during the last quarter. Paulson & CO. Inc. grew its holdings in Twenty-First Century Fox by 1,311.0% during the second quarter. Paulson & CO. Inc. now owns 1,411,000 shares of the company’s stock valued at $69,520,000 after purchasing an additional 1,311,000 shares during the last quarter. Diamond Hill Capital Management Inc. grew its holdings in Twenty-First Century Fox by 31.8% during the second quarter. Diamond Hill Capital Management Inc. now owns 5,257,209 shares of the company’s stock valued at $259,023,000 after purchasing an additional 1,267,557 shares during the last quarter. Finally, BlackRock Inc. grew its holdings in Twenty-First Century Fox by 3.5% during the second quarter. BlackRock Inc. now owns 27,439,739 shares of the company’s stock valued at $1,351,956,000 after purchasing an additional 930,205 shares during the last quarter. Hedge funds and other institutional investors own 24.05% of the company’s stock.
In related news, insider Lachlan K. Murdoch purchased 137,801 shares of the stock in a transaction on Thursday, August 16th. The shares were bought at an average price of $45.48 per share, for a total transaction of $6,267,189.48. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 39.40% of the company’s stock.
Twenty-First Century Fox (NASDAQ:FOX) last announced its quarterly earnings results on Wednesday, August 8th. The company reported $0.57 EPS for the quarter. Twenty-First Century Fox had a return on equity of 18.71% and a net margin of 14.68%. The company had revenue of $7.94 billion for the quarter.
The business also recently declared a Semi-Annual dividend, which was paid on Wednesday, October 17th. Shareholders of record on Wednesday, September 12th were issued a dividend of $0.18 per share. The ex-dividend date was Tuesday, September 11th. This represents a yield of 0.8%.
Separately, BidaskClub downgraded Twenty-First Century Fox from a “sell” rating to a “strong sell” rating in a report on Tuesday, September 25th.
Twenty-First Century Fox Profile
Twenty-First Century Fox, Inc operates as a diversified media and entertainment company primarily in the United States and Canada, Europe, and internationally. It operates through Cable Network Programming, Television, and Filmed Entertainment segments. The company produces and licenses news, business news, sports, general entertainment, factual entertainment, and movie programming for distribution primarily through cable television systems, direct broadcast satellite operators, telecommunication companies, and online video distributors.
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