Does $27.88 justifies Twenty-First Century Fox, Inc. (FOXA) shares?

21st Century Fox

99.1% Of Twenty-First Century Fox, Inc. (FOXA) Is Owned By Hedge Funds

(NASDAQ:FOX) by 7.7% during the second quarter, Holdings Channel reports.

The stock of Twenty First Century Fox Class A (NASDAQ:FOXA) registered an increase of 45.74% in short interest.

These firms have also modified their investment in FOXA.

The good news is there's still room for Twenty-First Century Fox, Inc. Amalgamated Bank now owns 117,796 shares with a value of $3,338,000. Advisory Services Network LLC bought a new stake in shares of Twenty-First Century Fox during the first quarter worth about $106,000. The sales growth rate for a stock is a measure of how the stock's sales per share (SPS) has grown over a specific period of time.

The consensus recommendation - averaging the work of 25 analysts - of 2.2 for Twenty-First Century Fox, Inc. UBS Asset Management Americas Inc. now owns 3,243,082 shares of the company's stock valued at $90,935,000 after buying an additional 632,369 shares during the period. State Street Corp increased its stake in shares of Twenty-First Century Fox by 1.4% in the first quarter. Chevy Chase Trust Holdings Inc. now owns 420,057 shares of the company's stock valued at $13,349,000 after buying an additional 12,883 shares during the period. Finally, Wellington Management Group LLP increased its position in Twenty-First Century Fox by 4.4% in the first quarter. Morgan Stanley now owns 16,511,220 shares of the company's stock valued at $524,726,000 after buying an additional 716,433 shares during the period.

Institutional investors have recently added to or reduced their stakes in the stock. Thrivent Financial for Lutherans raised its position in Twenty-First Century Fox by 6.4% in the fourth quarter. (NASDAQ:AMZN) on Friday, February 3 with "Overweight" rating. The company has market cap of $4.46 billion.

The average 1-year price target for Graphic Packaging Holding Company (GPK) - averaging the work of different analysts - reveals a mean PT of $15.84/share. Twenty-First Century Fox Inc has $40 highest and $26 lowest target. Wedbush maintained Twenty-First Century Fox Inc (NASDAQ:FOXA) on Tuesday, February 9 with "Outperform" rating. Jefferies Group also issued estimates for Twenty-First Century Fox's Q2 2019 earnings at $0.54 EPS, Q4 2019 earnings at $0.53 EPS and FY2020 earnings at $2.54 EPS. Twenty-First Century Fox had a net margin of 10.36% and a return on equity of 22.94%. The firm had revenue of $6.75 billion during the quarter, compared to analysts' expectations of $6.79 billion. Meanwhile, due to a recent pullback which led to a fall of nearly -2.69% in the past one month, the stock price is now with underperforming -0.57% so far on the year - still in weak zone.

The firm also recently declared a semiannual dividend, which will be paid on Wednesday, October 18th. Shareholders of record on Wednesday, September 13th will be given a $0.18 dividend. (NYSE:MRK) are -2.11%; -0.96% for the month; -3.49% for the last quarter; -3.43% for the past six-months; and -0.73% for the last 12 months.The current price is staying below the SMA lines which signify weakens and is generally unhealthy/negative and may provide the momentum for driving the share price lower. The ex-dividend date is Tuesday, September 12th. The stock's Dividend Yield stands at 1.29%.

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FOX has been the subject of several recent research reports. While looking the figure depicted by the Price to Earning we can suggest that the shares of Twenty-First Century Fox, Inc. Finally, Zacks Investment Research downgraded shares of Twenty-First Century Fox from a "hold" rating to a "sell" rating in a research note on Tuesday, April 18th. One research analyst has rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the company's stock. Credit Suisse has "Outperform" rating and $33 target. 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.

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