M&T Bank Corp reduced its stake in Twenty-First Century Fox Inc (NASDAQ:FOXA) by 9.0% during the fourth quarter, HoldingsChannel.com reports. The fund owned 87,783 shares of the company’s stock after selling 8,638 shares during the period. M&T Bank Corp’s holdings in Twenty-First Century Fox were worth $3,032,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the stock. Barrow Hanley Mewhinney & Strauss LLC lifted its stake in shares of Twenty-First Century Fox by 8.8% in the third quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 37,460,118 shares of the company’s stock worth $988,198,000 after acquiring an additional 3,018,013 shares during the period. Independent Franchise Partners LLP lifted its stake in shares of Twenty-First Century Fox by 7.7% in the third quarter. Independent Franchise Partners LLP now owns 28,394,638 shares of the company’s stock worth $749,050,000 after acquiring an additional 2,039,154 shares during the period. APG Asset Management N.V. lifted its stake in shares of Twenty-First Century Fox by 5.2% in the third quarter. APG Asset Management N.V. now owns 6,524,752 shares of the company’s stock worth $172,123,000 after acquiring an additional 325,156 shares during the period. Investec Asset Management LTD lifted its stake in shares of Twenty-First Century Fox by 30.9% in the third quarter. Investec Asset Management LTD now owns 6,256,717 shares of the company’s stock worth $165,052,000 after acquiring an additional 1,476,826 shares during the period. Finally, Legal & General Group Plc lifted its stake in shares of Twenty-First Century Fox by 1.6% in the third quarter. Legal & General Group Plc now owns 5,254,661 shares of the company’s stock worth $138,621,000 after acquiring an additional 84,586 shares during the period. 53.52% of the stock is currently owned by institutional investors.

A number of equities analysts recently commented on the company. B. Riley reaffirmed a “neutral” rating on shares of Twenty-First Century Fox in a research note on Wednesday, November 1st. Pivotal Research lifted their price objective on Twenty-First Century Fox from $35.00 to $37.00 and gave the stock a “buy” rating in a research note on Thursday, December 14th. ValuEngine raised Twenty-First Century Fox from a “hold” rating to a “buy” rating in a research note on Friday, February 9th. BMO Capital Markets boosted their price target on Twenty-First Century Fox from $35.00 to $37.00 and gave the company a “market perform” rating in a research note on Monday. Finally, Piper Jaffray Companies set a $35.00 price target on Twenty-First Century Fox and gave the company a “buy” rating in a research note on Wednesday, November 1st. Two analysts have rated the stock with a sell rating, seven have given a hold rating and thirteen have given a buy rating to the company. The company currently has an average rating of “Buy” and an average price target of $37.73.

Shares of Twenty-First Century Fox Inc (FOXA) opened at $36.55 on Thursday. The company has a market capitalization of $67,765.48, a P/E ratio of 17.08, a PEG ratio of 1.89 and a beta of 1.42. Twenty-First Century Fox Inc has a 1-year low of $24.81 and a 1-year high of $39.13. The company has a current ratio of 2.16, a quick ratio of 1.77 and a debt-to-equity ratio of 0.98.

Twenty-First Century Fox (NASDAQ:FOXA) last released its quarterly earnings data on Wednesday, February 7th. The company reported $0.42 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.38 by $0.04. The firm had revenue of $8.04 billion during the quarter, compared to the consensus estimate of $7.94 billion. Twenty-First Century Fox had a return on equity of 19.01% and a net margin of 13.49%. The company’s quarterly revenue was up 4.6% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.53 earnings per share. sell-side analysts expect that Twenty-First Century Fox Inc will post 2.03 EPS for the current year.

The company also recently disclosed a Semi-Annual dividend, which will be paid on Wednesday, April 18th. Stockholders of record on Wednesday, March 14th will be issued a dividend of $0.18 per share. The ex-dividend date of this dividend is Tuesday, March 13th. This represents a dividend yield of 0.00503778337531486%. Twenty-First Century Fox’s dividend payout ratio is 16.82%.

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Twenty-First Century Fox Profile

Twenty-First Century Fox, Inc is a media and entertainment company. The Company’s segments 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.

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Institutional Ownership by Quarter for Twenty-First Century Fox (NASDAQ:FOXA)

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