Kentucky Retirement Systems Insurance Trust Fund Acquires New Holdings in Twenty-First Century Fox Inc (FOX)

Kentucky Retirement Systems Insurance Trust Fund acquired a new position in shares of Twenty-First Century Fox Inc (NASDAQ:FOX) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 9,635 shares of the company’s stock, valued at approximately $460,000.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Financial Gravity Companies Inc. bought a new stake in Twenty-First Century Fox during the fourth quarter worth approximately $25,000. Lindbrook Capital LLC bought a new stake in Twenty-First Century Fox during the fourth quarter worth approximately $32,000. Global Retirement Partners LLC bought a new stake in Twenty-First Century Fox during the fourth quarter worth approximately $32,000. Laurel Wealth Advisors LLC bought a new stake in Twenty-First Century Fox during the fourth quarter worth approximately $39,000. Finally, Legacy Financial Advisors Inc. bought a new stake in Twenty-First Century Fox during the fourth quarter worth approximately $47,000. Institutional investors and hedge funds own 0.15% of the company’s stock.

Shares of NASDAQ FOX traded down $0.29 during trading on Friday, hitting $37.92. The company had a trading volume of 2,315,174 shares, compared to its average volume of 2,448,889. Twenty-First Century Fox Inc has a 52 week low of $35.21 and a 52 week high of $41.73.

Twenty-First Century Fox (NASDAQ:FOX) last posted its quarterly earnings results on Wednesday, February 6th. The company reported $0.37 earnings per share (EPS) for the quarter. The company had revenue of $8.50 billion during the quarter. As a group, analysts anticipate that Twenty-First Century Fox Inc will post 2.6 EPS for the current year.

The business also recently declared a semiannual dividend, which was paid on Tuesday, April 16th. Shareholders of record on Monday, April 8th were issued a $0.18 dividend. The ex-dividend date of this dividend was Friday, April 5th. This represents a dividend yield of 0.73%. This is a boost from Twenty-First Century Fox’s previous semiannual dividend of $0.15.

In other Twenty-First Century Fox news, insider Lachlan K. Murdoch sold 316,317 shares of the business’s stock in a transaction on Thursday, March 14th. The shares were sold at an average price of $51.20, for a total transaction of $16,195,430.40. Following the sale, the insider now directly owns 618,374 shares of the company’s stock, valued at approximately $31,660,748.80. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Gerson Zweifach sold 36,007 shares of the business’s stock in a transaction on Friday, February 8th. The shares were sold at an average price of $49.41, for a total transaction of $1,779,105.87. Following the sale, the executive vice president now directly owns 38,740 shares in the company, valued at $1,914,143.40. The disclosure for this sale can be found here. 39.40% of the stock is currently owned by corporate insiders.

Several equities research analysts recently commented on the company. Zacks Investment Research raised Twenty-First Century Fox from a “hold” rating to a “buy” rating and set a $54.00 target price on the stock in a report on Thursday, January 24th. BidaskClub cut Twenty-First Century Fox from a “buy” rating to a “hold” rating in a report on Thursday, March 21st. Finally, Royal Bank of Canada reissued a “sell” rating and set a $41.00 target price on shares of Twenty-First Century Fox in a report on Monday, March 25th. They noted that the move was a valuation call.

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About Twenty-First Century Fox

Twenty-First Century Fox, Inc operates as a diversified media and entertainment company primarily in the United States and Canada, Europe, and internationally. It operates through Cable Network Programming, Television, and Filmed Entertainment segments. The company produces and licenses news, business news, sports, general entertainment, factual entertainment, and movie programming for distribution primarily through cable television systems, direct broadcast satellite operators, telecommunication companies, and online video distributors.

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

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