Fox Entertainment Group Inc (NASDAQ:FOX) Institutional Investor Sentiment

January 15, 2018 - By Adrian Erickson

 Fox Entertainment Group Inc (NASDAQ:FOX) Institutional Investor Sentiment

Sentiment for Fox Entertainment Group Inc (NASDAQ:FOX)

Fox Entertainment Group Inc (NASDAQ:FOX) institutional sentiment increased to 1.01 in 2017 Q3. Its up 0.05, from 0.96 in 2017Q2. The ratio has improved, as 151 funds increased and opened new equity positions, while 149 sold and trimmed positions in Fox Entertainment Group Inc. The funds in our partner’s database now hold: 428.17 million shares, up from 426.07 million shares in 2017Q2. Also, the number of funds holding Fox Entertainment Group Inc in their top 10 equity positions was flat from 6 to 6 for the same number . Sold All: 12 Reduced: 137 Increased: 110 New Position: 41.

Twenty-First Century Fox, Inc., together with its subsidiaries, operates as a diversified media and entertainment firm primarily in the United States, the United Kingdom, Continental Europe, Asia, and Latin America. The company has market cap of $68.07 billion. It operates through Cable Network Programming, Television, and Filmed Entertainment divisions. It has a 22.62 P/E ratio. The firm 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.

The stock increased 1.59% or $0.57 during the last trading session, reaching $36.37. About 2.24M shares traded. Twenty-First Century Fox, Inc. (NASDAQ:FOX) has declined 4.35% since January 15, 2017 and is downtrending. It has underperformed by 21.05% the S&P500.

Valueact Holdings L.P. holds 13.78% of its portfolio in Twenty-First Century Fox, Inc. for 53.33 million shares. Yacktman Asset Management Lp owns 27.51 million shares or 6.86% of their US portfolio. Moreover, Lomas Capital Management Llc has 6.52% invested in the company for 1.26 million shares. The Texas-based Sather Financial Group Inc has invested 5.82% in the stock. Nine Masts Capital Ltd, a Hong Kong-based fund reported 1.16 million shares.#img1#

Twenty-First Century Fox, Inc. (NASDAQ:FOX) Ratings Coverage

Ratings analysis reveals 50% of Twenty-First Century Fox’s analysts are positive. Out of 2 Wall Street analysts rating Twenty-First Century Fox, 1 give it “Buy”, 0 “Sell” rating, while 1 recommend “Hold”. The lowest target is $33 while the high is $37. The stock’s average target of $35 is -3.77% below today’s ($36.37) share price. FOX was included in 2 notes of analysts from February 18, 2016. The company was maintained on Thursday, February 18 by Deutsche Bank.

More notable recent Twenty-First Century Fox, Inc. (NASDAQ:FOX) news were published by: Nasdaq.com which released: “Implied Volatility Surging for Twenty-First Century Fox (FOXA) Stock Options” on December 20, 2017, also Seekingalpha.com with their article: “Fox-Disney: NewFox Is Extremely Cheap” published on December 19, 2017, Reuters.com published: “Murdoch’s Fox looking to buy 10 Sinclair TV stations: sources” on January 10, 2018. More interesting news about Twenty-First Century Fox, Inc. (NASDAQ:FOX) were released by: Investorplace.com and their article: “Disney’s Twenty-First Century Fox Deal May Haunt Netflix” published on December 26, 2017 as well as Prnewswire.com‘s news article titled: “Pre-Market Technical Scan on Entertainment Equities — Twenty-First Century …” with publication date: January 11, 2018.

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