Twenty-First Century Fox Inc (FOXA) Shares Sold by BB&T Securities LLC

BB&T Securities LLC lowered its stake in Twenty-First Century Fox Inc (NASDAQ:FOXA) by 25.9% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 30,333 shares of the company’s stock after selling 10,596 shares during the period. BB&T Securities LLC’s holdings in Twenty-First Century Fox were worth $1,459,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of FOXA. FMR LLC boosted its position in shares of Twenty-First Century Fox by 6.2% during the 2nd quarter. FMR LLC now owns 14,672,134 shares of the company’s stock valued at $729,058,000 after purchasing an additional 850,548 shares in the last quarter. First Hawaiian Bank bought a new position in shares of Twenty-First Century Fox during the 3rd quarter valued at about $137,000. Andra AP fonden boosted its position in shares of Twenty-First Century Fox by 26.3% during the 3rd quarter. Andra AP fonden now owns 62,000 shares of the company’s stock valued at $2,872,000 after purchasing an additional 12,900 shares in the last quarter. Aperio Group LLC lifted its stake in Twenty-First Century Fox by 4.5% during the third quarter. Aperio Group LLC now owns 760,995 shares of the company’s stock valued at $35,257,000 after buying an additional 32,489 shares in the last quarter. Finally, IFM Investors Pty Ltd lifted its stake in Twenty-First Century Fox by 12.1% during the third quarter. IFM Investors Pty Ltd now owns 54,855 shares of the company’s stock valued at $2,541,000 after buying an additional 5,918 shares in the last quarter. Institutional investors own 51.72% of the company’s stock.

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FOXA stock opened at $50.40 on Friday. The company has a quick ratio of 3.79, a current ratio of 4.29 and a debt-to-equity ratio of 0.55. Twenty-First Century Fox Inc has a one year low of $35.40 and a one year high of $50.43. The stock has a market cap of $93.37 billion, a price-to-earnings ratio of 25.58, a PEG ratio of 2.15 and a beta of 0.98.

Twenty-First Century Fox (NASDAQ:FOXA) last posted its quarterly earnings results on Wednesday, February 6th. The company reported $0.37 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.32 by $0.05. The business had revenue of $8.50 billion during the quarter, compared to analyst estimates of $8.47 billion. Twenty-First Century Fox had a net margin of 44.71% and a return on equity of 15.09%. The firm’s revenue was up 5.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.42 earnings per share. Sell-side analysts predict that Twenty-First Century Fox Inc will post 1.98 EPS for the current year.

The business also recently declared a semiannual dividend, which will be paid on Tuesday, April 16th. Stockholders of record on Monday, April 8th will be given a $0.18 dividend. This represents a dividend yield of 0.73%. The ex-dividend date is Friday, April 5th. Twenty-First Century Fox’s dividend payout ratio (DPR) is 18.27%.

A number of analysts have commented on the stock. Zacks Investment Research raised shares of Twenty-First Century Fox from a “sell” rating to a “hold” rating in a research note on Wednesday, November 28th. Wolfe Research assumed coverage on shares of Twenty-First Century Fox in a research note on Friday, December 7th. They set an “outperform” rating for the company. Evercore ISI assumed coverage on shares of Twenty-First Century Fox in a research note on Monday, November 5th. They set an “outperform” rating and a $52.00 price objective for the company. Pivotal Research reaffirmed a “hold” rating and set a $45.00 price objective on shares of Twenty-First Century Fox in a research note on Thursday, November 8th. Finally, Vertical Group raised shares of Twenty-First Century Fox from a “hold” rating to a “buy” rating in a research note on Monday, February 4th. One analyst has rated the stock with a sell rating, five have given a hold rating and thirteen have issued a buy rating to the company. The company presently has an average rating of “Buy” and a consensus price target of $49.85.

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About Twenty-First Century Fox

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.

Further Reading: Compound Annual Growth Rate (CAGR)

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