1,300 Shares in News Co. (NASDAQ:NWSA) Purchased by Fidelis Capital Partners LLC

Fidelis Capital Partners LLC purchased a new position in shares of News Co. (NASDAQ:NWSAFree Report) during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 1,300 shares of the company’s stock, valued at approximately $34,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Lindbrook Capital LLC boosted its holdings in News by 153.1% in the 4th quarter. Lindbrook Capital LLC now owns 1,635 shares of the company’s stock valued at $40,000 after purchasing an additional 989 shares in the last quarter. Principal Securities Inc. purchased a new stake in News in the 4th quarter valued at approximately $45,000. Financial Management Professionals Inc. purchased a new stake in News in the 4th quarter valued at approximately $49,000. Blue Trust Inc. boosted its holdings in News by 65.1% in the 4th quarter. Blue Trust Inc. now owns 2,655 shares of the company’s stock valued at $65,000 after purchasing an additional 1,047 shares in the last quarter. Finally, Livforsakringsbolaget Skandia Omsesidigt boosted its holdings in News by 120.5% in the 4th quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 2,897 shares of the company’s stock valued at $71,000 after purchasing an additional 1,583 shares in the last quarter. Hedge funds and other institutional investors own 66.97% of the company’s stock.

News Price Performance

Shares of NWSA opened at $27.72 on Wednesday. News Co. has a twelve month low of $19.09 and a twelve month high of $28.00. The stock’s 50 day moving average is $26.60 and its two-hundred day moving average is $25.67. The firm has a market capitalization of $15.80 billion, a PE ratio of 77.00 and a beta of 1.33. The company has a current ratio of 1.36, a quick ratio of 1.25 and a debt-to-equity ratio of 0.32.

News (NASDAQ:NWSAGet Free Report) last announced its quarterly earnings data on Wednesday, May 8th. The company reported $0.11 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.11. The company had revenue of $2.42 billion for the quarter, compared to analyst estimates of $2.45 billion. News had a return on equity of 4.28% and a net margin of 2.09%. The firm’s revenue for the quarter was down 1.0% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.09 EPS. Research analysts anticipate that News Co. will post 0.67 earnings per share for the current year.

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 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:NWSA)

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