Twenty-First Century Fox Inc (NASDAQ:FOX) Position Trimmed by Fayez Sarofim & Co

Gladys Abbott
December 6, 2017

Fort Lp sold 32,592 shares as Twenty First Centy Fox Inc (FOXA)'s stock declined 10.68%. The Water Asset Management Llc holds 503,288 shares with $39.23M value, down from 607,327 last quarter. Us Silica Holdings Inc now has $2.78B valuation. The stock traded with the average Volume of 9.15 Million at the end of last session. Whittier Trust Co. of Nevada Inc. now owns 5,409 shares of the company's stock worth $153,000 after purchasing an additional 2,336 shares in the last quarter.

But Meyers conceded that regulatory risks might arise, as a Disney-Fox transaction "would likely raise numerous antitrust and regulatory concerns, in our view, especially in the aftermath of the Time Warner-AT&T deal drawing greater scrutiny to Media consolidation". (NYSE:SLCA) has risen 57.03% since December 4, 2016 and is uptrending.

Rumors of the Disney/21st Century Fox deal's demise may have been exaggerated. (NASDAQ:FOXA) are owned by insiders with 97.50% six-month change in the insider ownership. (NASDAQ:FOXA) traded up $0.90 on Monday, reaching $33.09. Not only would acquiring 20th Century Fox studios remove a major competitor, it would strengthen the Marvel brand by adding properties like X-Men and the Fantastic Four to the stable. It has underperformed by 19.60% the S&P500. The 1-year high was reported on Dec, 4 by Barchart.com. Twenty-First Century Fox, Inc. has a 1-year low of $24.81 and a 1-year high of $34.02. (NASDAQ:FOXA) has declined 2.90% since December 5, 2016 and is downtrending. Gamco Invsts Inc Et Al invested in 0.44% or 2.48M shares.

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Fayez Sarofim & Co. lowered its position in shares of Twenty-First Century Fox Inc (NASDAQ:FOX) by 3.8% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission.

Disney would acquire most of 21st Century Fox, and what's left over at Fox would be "tightly focused on news and sports". Therefore 74% are positive. Engineers Gate Manager Limited Partnership holds 0.02% in Twenty-First Century Fox, Inc. Coupled with Disney developing a streaming service that it intends to use to compete against Netflix with, access to 20th Century Fox's century of films, plus all of its television content for cable and broadcast from 20th Century Fox Television productions, becomes increasingly valuable. (NASDAQ:FOXA) on Thursday, March 17 to "Neutral" rating. Rosenblatt has "Buy" rating and $33 target. Texas-based Dimensional Fund Advsrs L P has invested 0.03% in Twenty-First Century Fox, Inc. The company was downgraded on Wednesday, March 15 by HSBC. The rating was maintained by Piper Jaffray on Wednesday, November 1 with "Buy". (NASDAQ:FOXA) as Buy, 1 analysts given Outperform signal, 3 reported Hold, and 0 analysts rated the stock as Sell. Jefferies maintained it with "Buy" rating and $35.0 target in Monday, August 21 report. Reynolds American Inc (NYSE:RAI) was reduced too. The stock has a market capitalization of $49.68 billion, a price-to-earnings ratio of 16.51 and a beta of 1.23. But Disney could acquire Fox's film and television studios, worldwide assets like Sky and Star, and Fox's cable networks including FX and National Geographic.

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