2 weeks Ago By Defense World Staff
LPL Financial LLC increased its holdings in News Co. ( NASDAQ:NWS – Free Report ) by 56.8% during the fourth quarter, according to its most recent disclosure with the SEC.
The institutional investor owned 50,373 shares of the company’s stock after buying an additional 18,254 shares during the period. LPL Financial LLC’s holdings in News were worth $1,533,000 as of its most recent SEC filing. Other large investors also recently added to or reduced their stakes in the company.
Stifel Financial Corp grew its stake in News by 1.8% in the 3rd quarter. Stifel Financial Corp now owns 27,063 shares of the company’s stock worth $756,000 after buying an additional 479 shares in the last quarter.
MML Investors Services LLC lifted its holdings in shares of News by 37.3% during the 3rd quarter. MML Investors Services LLC now owns 9,687 shares of the company’s stock worth $271,000 after acquiring an additional 2,633 shares during the last quarter.
Principal Financial Group Inc. grew its position in News by 1.9% in the third quarter.
Principal Financial Group Inc. now owns 137,034 shares of the company’s stock worth $3,830,000 after acquiring an additional 2,609 shares in the last quarter. JPMorgan Chase & Co.
increased its stake in News by 101.0% in the third quarter. JPMorgan Chase & Co.
now owns 496,926 shares of the company’s stock valued at $13,889,000 after acquiring an additional 249,659 shares during the last quarter. Finally, GAMMA Investing LLC raised its position in News by 28.5% during the fourth quarter.
GAMMA Investing LLC now owns 7,790 shares of the company’s stock valued at $237,000 after purchasing an additional 1,729 shares in the last quarter. Institutional investors own 14.63% of the company’s stock.
Wall Street Analysts Forecast Growth Separately, Seaport Res Ptn upgraded News to a “strong-buy” rating in a report on Friday, January 31st. News Trading Up 0.8 % Shares of NWS opened at $30.
00 on Friday. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.
65 and a current ratio of 1.73. News Co.
has a fifty-two week low of $23.99 and a fifty-two week high of $35.25.
The firm has a 50 day moving average price of $31.27 and a 200-day moving average price of $30.75.
The firm has a market cap of $17.02 billion, a price-to-earnings ratio of 41.10 and a beta of 1.
26. News ( NASDAQ:NWS – Get Free Report ) last posted its quarterly earnings results on Wednesday, February 5th. The company reported $0.
33 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.34 by ($0.01).
News had a net margin of 4.22% and a return on equity of 5.31%.
As a group, equities research analysts forecast that News Co. will post 1.03 earnings per share for the current year.
News Dividend Announcement The business also recently declared a semi-annual dividend, which was paid on Wednesday, April 9th. Shareholders of record on Wednesday, March 12th were paid a $0.10 dividend.
The ex-dividend date of this dividend was Wednesday, March 12th. This represents a yield of 0.6%.
News’s dividend payout ratio (DPR) is currently 27.40%. About News ( Free Report ) News Corporation, a media and information services company, creates and distributes authoritative and engaging content, and other products and services for consumers and businesses worldwide.
It operates through six segments: Digital Real Estate Services, Subscription Video Services, Dow Jones, Book Publishing, News Media, and Other. Read More Five stocks we like better than News Why Invest in 5G? How to Invest in 5G Stocks Tariff Exemptions Set the Stage for a Taiwan Semiconductor Rally Stock Market Upgrades: What Are They? Mitigating Tariffs: 3 Stocks to Gain From a Weaker U.S.
Dollar Natural Gas Prices Continue To Rally, These Stocks Should Benefit Broadcom’s Apple Relationship: AI Opportunity Meets Tariff Risk Want to see what other hedge funds are holding NWS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for News Co. ( NASDAQ:NWS – Free Report ).
Receive News & Ratings for News Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for News and related companies with MarketBeat.com's FREE daily email newsletter ..
