Vanguard Group Inc. Lowers Position in News Co. (NASDAQ:NWS)

Vanguard Group Inc. lessened its position in News Co. (NASDAQ:NWSFree Report) by 4.6% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 3,967,591 shares of the company’s stock after selling 189,987 shares during the quarter. Vanguard Group Inc. owned approximately 0.69% of News worth $102,046,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Headlands Technologies LLC bought a new position in News during the 4th quarter valued at approximately $27,000. GAMMA Investing LLC bought a new position in News during the 4th quarter valued at approximately $73,000. TFO Wealth Partners LLC increased its position in News by 101,516.7% during the 4th quarter. TFO Wealth Partners LLC now owns 6,097 shares of the company’s stock valued at $154,000 after buying an additional 6,091 shares in the last quarter. Daiwa Securities Group Inc. increased its position in News by 147.7% during the 4th quarter. Daiwa Securities Group Inc. now owns 6,755 shares of the company’s stock valued at $174,000 after buying an additional 4,028 shares in the last quarter. Finally, Hartford Investment Management Co. bought a new position in News during the 4th quarter valued at approximately $201,000. Hedge funds and other institutional investors own 14.63% of the company’s stock.

News Stock Down 0.6 %

NWS stock opened at $28.33 on Friday. News Co. has a twelve month low of $19.19 and a twelve month high of $28.92. The company has a quick ratio of 1.25, a current ratio of 1.36 and a debt-to-equity ratio of 0.32. The firm has a market cap of $16.14 billion, a PE ratio of 78.69 and a beta of 1.35. The business has a 50 day moving average of $27.22 and a 200 day moving average of $26.52.

News (NASDAQ:NWSGet Free Report) last posted its quarterly earnings data on Wednesday, May 8th. The company reported $0.11 earnings per share for the quarter. The company had revenue of $2.42 billion during the quarter. News had a return on equity of 4.28% and a net margin of 2.09%.

News Profile

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

Featured Stories

Institutional Ownership by Quarter for News (NASDAQ:NWS)

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.