News Co. (NASDAQ:NWS) Shares Acquired by Principal Financial Group Inc.

Principal Financial Group Inc. grew its position in News Co. (NASDAQ:NWSGet Rating) by 1.5% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 148,469 shares of the company’s stock after buying an additional 2,235 shares during the quarter. Principal Financial Group Inc.’s holdings in News were worth $2,360,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also modified their holdings of the company. Vanguard Group Inc. boosted its holdings in News by 0.7% in the first quarter. Vanguard Group Inc. now owns 5,194,590 shares of the company’s stock valued at $116,983,000 after purchasing an additional 35,757 shares during the period. Metropolis Capital Ltd boosted its holdings in News by 70.7% in the second quarter. Metropolis Capital Ltd now owns 3,743,924 shares of the company’s stock valued at $59,491,000 after purchasing an additional 1,551,250 shares during the period. Dimensional Fund Advisors LP boosted its holdings in News by 2.6% in the first quarter. Dimensional Fund Advisors LP now owns 2,698,222 shares of the company’s stock valued at $60,773,000 after purchasing an additional 67,899 shares during the period. Invesco Ltd. boosted its holdings in News by 7.0% in the first quarter. Invesco Ltd. now owns 1,413,148 shares of the company’s stock valued at $31,825,000 after purchasing an additional 92,979 shares during the period. Finally, Charles Schwab Investment Management Inc. boosted its holdings in News by 2.4% in the first quarter. Charles Schwab Investment Management Inc. now owns 876,292 shares of the company’s stock valued at $19,735,000 after purchasing an additional 20,832 shares during the period. 11.43% of the stock is owned by institutional investors and hedge funds.

News Stock Performance

NASDAQ:NWS opened at $19.43 on Friday. The firm has a market cap of $11.18 billion, a PE ratio of 24.29 and a beta of 1.32. The stock has a fifty day moving average price of $17.14 and a 200 day moving average price of $17.07. News Co. has a 12-month low of $15.15 and a 12-month high of $24.16. The company has a current ratio of 1.25, a quick ratio of 1.12 and a debt-to-equity ratio of 0.34.

News Company Profile

(Get Rating)

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 in six segments: Digital Real Estate Services, Subscription Video Services, Dow Jones, Book Publishing, News Media, and Other.

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Institutional Ownership by Quarter for News (NASDAQ:NWS)

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