2 weeks Ago By ABMN Staff
Cerity Partners LLC cut its holdings in News Co. ( NASDAQ:NWS – Free Report ) by 24.8% during the fourth quarter, HoldingsChannel reports.
The firm owned 8,345 shares of the company’s stock after selling 2,746 shares during the period. Cerity Partners LLC’s holdings in News were worth $234,000 as of its most recent filing with the SEC. Several other large investors have also modified their holdings of the stock.
Dorsey Wright & Associates increased its stake in News by 0.3% in the 4th quarter. Dorsey Wright & Associates now owns 109,785 shares of the company’s stock valued at $3,341,000 after purchasing an additional 330 shares in the last quarter.
iA Global Asset Management Inc. lifted its position in News by 13.9% during the fourth quarter.
iA Global Asset Management Inc. now owns 3,195 shares of the company’s stock worth $97,000 after buying an additional 390 shares during the period. American Century Companies Inc.
raised its stake in News by 1.5% during the fourth quarter. American Century Companies Inc.
now owns 29,896 shares of the company’s stock worth $910,000 after purchasing an additional 429 shares during the period. Asset Management One Co. Ltd.
grew its position in News by 22.9% during the fourth quarter. Asset Management One Co.
Ltd. now owns 2,668 shares of the company’s stock valued at $82,000 after acquiring an additional 497 shares during the period. Finally, Wilmington Savings Fund Society FSB increased its position in News by 123.
7% during the 4th quarter. Wilmington Savings Fund Society FSB now owns 935 shares of the company’s stock worth $28,000 after purchasing an additional 517 shares in the last quarter. Hedge funds and other institutional investors own 14.
63% of the company’s stock. News Stock Performance Shares of News stock opened at $31.00 on Friday.
The firm’s 50-day simple moving average is $30.85 and its 200-day simple moving average is $30.84.
News Co. has a 1 year low of $23.99 and a 1 year high of $35.
25. The firm has a market cap of $17.59 billion, a PE ratio of 42.
47 and a beta of 1.26. 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 Announces Dividend The company also recently announced a semi-annual dividend, which was paid on Wednesday, April 9th. Shareholders of record on Wednesday, March 12th were given a $0.10 dividend.
This represents a yield of 0.6%. The ex-dividend date of this dividend was Wednesday, March 12th.
News’s dividend payout ratio (DPR) is 27.40%. Wall Street Analyst Weigh In Separately, Seaport Res Ptn upgraded News to a “strong-buy” rating in a report on Friday, January 31st.
View Our Latest Stock Report on NWS 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. Featured Stories 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 ..
