Global X Management Co. LLC raised its stake in 21st Century Fox (NASDAQ:FOX) by 844.7% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 23,014 shares of the company’s stock after purchasing an additional 20,578 shares during the period. Global X Management Co. LLC’s holdings in 21st Century Fox were worth $837,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other hedge funds and other institutional investors have also modified their holdings of FOX. State of Wisconsin Investment Board raised its holdings in shares of 21st Century Fox by 59.6% in the fourth quarter. State of Wisconsin Investment Board now owns 9,118,923 shares of the company’s stock worth $311,138,000 after acquiring an additional 3,403,966 shares during the last quarter. Pentwater Capital Management LP purchased a new stake in shares of 21st Century Fox in the fourth quarter valued at $92,923,000. Manikay Partners LLC grew its position in shares of 21st Century Fox by 59.3% in the fourth quarter. Manikay Partners LLC now owns 2,350,000 shares of the company’s stock valued at $80,182,000 after purchasing an additional 875,000 shares during the period. BlackRock Inc. grew its position in 21st Century Fox by 3.5% during the fourth quarter. BlackRock Inc. now owns 25,798,234 shares of the company’s stock valued at $880,235,000 after acquiring an additional 871,395 shares during the period. Finally, Gamco Investors INC. ET AL grew its position in 21st Century Fox by 28.9% during the fourth quarter. Gamco Investors INC. ET AL now owns 3,344,543 shares of the company’s stock valued at $114,116,000 after acquiring an additional 749,839 shares during the period. 24.28% of the stock is currently owned by institutional investors and hedge funds.
A number of equities research analysts have issued reports on the company. Loop Capital initiated coverage on 21st Century Fox in a research report on Friday, March 16th. They set a “buy” rating and a $43.00 price target for the company. BidaskClub raised 21st Century Fox from a “buy” rating to a “strong-buy” rating in a research report on Thursday, February 8th.
21st Century Fox opened at $37.28 on Friday, MarketBeat reports. 21st Century Fox has a one year low of $37.33 and a one year high of $37.55. The stock has a market capitalization of $69.86 billion, a P/E ratio of 21.43 and a beta of 1.26. The company has a debt-to-equity ratio of 0.91, a quick ratio of 1.65 and a current ratio of 2.05.
About 21st Century Fox
Twenty-First Century Fox, Inc, together with its subsidiaries, operates as a diversified media and entertainment company primarily in the United States, the United Kingdom, Continental Europe, Asia, and Latin America. It operates through Cable Network Programming, Television, and Filmed Entertainment segments.
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