Twenty-First Century Fox's (NASDAQ:FOXA) "Hold" Rating Reiterated at Cowen and Company

Danny Woods
August 12, 2017

Pacific Crest initiated Twenty-First Century Fox Inc (NASDAQ:FOXA) rating on Thursday, October 8. TrimTabs Asset Management LLC now owns 4,384 shares of the company's stock valued at $142,000 after buying an additional 2,064 shares during the period.

Several other large investors have also modified their holdings of FOXA. The Principal Financial Group Inc holds 1.60 million shares with $44.99M value, up from 1.54 million last quarter. Nordea Investment Management AB boosted its position in shares of Twenty-First Century Fox by 0.5% in the first quarter. It also reduced Gentex Corp (NASDAQ:GNTX) stake by 79,403 shares and now owns 1.15 million shares. (FOXA) by 7.6%. Its investment was worth $135,462,000 a decrease of 5.8% as of the end of the quarter. The Hirtle Callaghan & Co Llc holds 13 shares with $12,000 value, down from 758 last quarter. Mitsubishi UFJ Trust & Banking Corp increased its position in Twenty-First Century Fox by 3.0% in the first quarter. The stock decreased 0.06% or $0.05 during the last trading session, reaching $87.15. AXAR's SI was 2,000 shares in August as released by FINRA. Twenty-First Century Fox Inc had 65 analyst reports since August 6, 2015 according to SRatingsIntel. (NASDAQ:FOXA) plummeted -0.07% to $27.88. The company has market cap of $4.46 billion.

ILLEGAL ACTIVITY NOTICE: "FineMark National Bank & Trust Has $347,000 Position in Twenty-First Century Fox, Inc".

It is now trading at $27.88 which is marginally lower than the 50 day moving average of $28.13 and impressively lower than the 200 day moving average of $29.37.

The collective rating of 2 for Twenty-First Century Fox, Inc. The company reported $0.36 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.35 by $0.01.

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For the past 5 years, Twenty-First Century Fox, Inc.'s EPS growth has been almost 10.3%. Its revenue stood at 6.90% a year on average in the period of last five years. As of the last earnings report the EPS was $1.63 and is expected to be $2.03 for the current year with 1,850,855,000 shares presently outstanding. HCA Healthcare, Inc. (NYSE:HCA) earnings have risen with a quarterly rate of 6.9% over the last 5 years.

Yet another important factor while evaluating a good buy/sell decision for Twenty-First Century Fox, Inc. Stockholders of record on Wednesday, September 13th will be given a $0.18 dividend. This is built on a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell. The ex-dividend date is Tuesday, September 12th. Twenty-First Century Fox's dividend payout ratio is now 22.64%.

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Investec Asset Management Ltd says it increased its ownership in Twenty-First Century Fox, Inc. stock by 338,839 shares as reported in a filing on 08/11/2017. Topeka Capital Markets maintained the stock with "Hold" rating in Tuesday, February 9 report. Guggenheim restated a "buy" rating and issued a $35.00 price objective (up from $34.00) on shares of Twenty-First Century Fox in a report on Friday, April 14th. On Friday, June 16 the stock rating was maintained by BMO Capital Markets with "Buy". Credit Suisse maintained Twenty-First Century Fox Inc (NASDAQ:FOXA) rating on Friday, August 5. The company now has a consensus rating of "Buy" and an average target price of $33.23. Morgan Stanley maintained it with "Overweight" rating and $29 target in Tuesday, February 9 report. The short interest to Twenty First Century Fox Class A's float is 1.86%. The Company's divisions 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. Twenty-First Century Fox Inc (NASDAQ:FOXA) has declined 2.90% since August 11, 2016 and is downtrending.

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