News Corp (NWS) Holdings Trimmed by Macquarie Group Ltd.

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Macquarie Group Ltd. lessened its position in shares of News Corp (NASDAQ:NWS) by 3.9% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 34,943 shares of the company’s stock after selling 1,419 shares during the quarter. Macquarie Group Ltd.’s holdings in News were worth $404,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in NWS. Dimensional Fund Advisors LP increased its position in News by 39.4% during the 4th quarter. Dimensional Fund Advisors LP now owns 2,032,455 shares of the company’s stock valued at $23,474,000 after purchasing an additional 574,125 shares during the period. Thrivent Financial for Lutherans increased its position in News by 527.0% during the 3rd quarter. Thrivent Financial for Lutherans now owns 399,074 shares of the company’s stock valued at $5,427,000 after purchasing an additional 335,423 shares during the period. Barclays PLC increased its position in News by 200.2% during the 4th quarter. Barclays PLC now owns 375,890 shares of the company’s stock valued at $4,342,000 after purchasing an additional 250,697 shares during the period. BlackRock Inc. increased its position in News by 3.2% during the 4th quarter. BlackRock Inc. now owns 6,496,038 shares of the company’s stock valued at $75,029,000 after purchasing an additional 198,839 shares during the period. Finally, Mackay Shields LLC increased its position in News by 234.2% during the 4th quarter. Mackay Shields LLC now owns 220,491 shares of the company’s stock valued at $2,547,000 after purchasing an additional 154,525 shares during the period. 9.60% of the stock is owned by institutional investors and hedge funds.

A number of analysts have weighed in on NWS shares. BidaskClub raised shares of News from a “hold” rating to a “buy” rating in a research report on Wednesday, March 6th. TheStreet downgraded shares of News from a “c” rating to a “d+” rating in a research report on Tuesday, March 19th.

NASDAQ:NWS opened at $12.75 on Monday. The company has a market cap of $7.39 billion, a price-to-earnings ratio of 25.80 and a beta of 1.42. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.19 and a quick ratio of 1.09. News Corp has a fifty-two week low of $10.85 and a fifty-two week high of $16.80.

News (NASDAQ:NWS) last released its earnings results on Thursday, February 7th. The company reported $0.18 earnings per share for the quarter, beating analysts’ consensus estimates of $0.14 by $0.04. The business had revenue of $2.63 billion during the quarter. News had a negative net margin of 13.11% and a positive return on equity of 2.70%.

The company also recently announced a semiannual dividend, which will be paid on Wednesday, April 17th. Shareholders of record on Wednesday, March 13th will be given a dividend of $0.10 per share. This represents a yield of 1.58%. The ex-dividend date is Tuesday, March 12th.

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About News

News Corporation, a media and information services company, creates and distributes content for consumers and businesses worldwide. It operates in five segments: News and Information Services, Book Publishing, Digital Real Estate Services, Subscription Video Services, and Other. The company distributes content and data products, including The Wall Street Journal, Factiva, Dow Jones Risk & Compliance, Dow Jones Newswires, Barron's, MarketWatch, and DJX through various media channels, such as newspapers, newswires, Websites, mobile device applications, tablets and e-book readers, newsletters, magazines, proprietary databases, live journalism, video, and podcasts.

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Institutional Ownership by Quarter for News (NASDAQ:NWS)

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