News Corporation $NWS Stock Holdings Raised by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. boosted its position in News Corporation (NASDAQ:NWS - Free Report) by 109.5% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 26,468 shares of the company's stock after acquiring an additional 13,836 shares during the period. Charles Schwab Investment Management Inc.'s holdings in News were worth $804,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. boosted its holdings in shares of News by 5.3% in the 1st quarter. Vanguard Group Inc. now owns 6,879,273 shares of the company's stock valued at $208,924,000 after purchasing an additional 344,036 shares during the last quarter. Northern Trust Corp boosted its holdings in shares of News by 1.2% in the 4th quarter. Northern Trust Corp now owns 939,188 shares of the company's stock valued at $28,579,000 after purchasing an additional 10,716 shares during the last quarter. Metropolis Capital Ltd boosted its holdings in shares of News by 11.8% in the 1st quarter. Metropolis Capital Ltd now owns 609,566 shares of the company's stock valued at $18,513,000 after purchasing an additional 64,248 shares during the last quarter. BNP Paribas Financial Markets boosted its holdings in shares of News by 45.7% in the 4th quarter. BNP Paribas Financial Markets now owns 365,124 shares of the company's stock valued at $11,111,000 after purchasing an additional 114,542 shares during the last quarter. Finally, Deutsche Bank AG boosted its holdings in shares of News by 58.0% in the 4th quarter. Deutsche Bank AG now owns 362,992 shares of the company's stock valued at $11,046,000 after purchasing an additional 133,224 shares during the last quarter. 14.63% of the stock is owned by hedge funds and other institutional investors.

News Stock Up 0.7%

Shares of NASDAQ:NWS traded up $0.23 during midday trading on Friday, hitting $33.40. 378,838 shares of the company's stock traded hands, compared to its average volume of 711,781. News Corporation has a twelve month low of $26.25 and a twelve month high of $35.58. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.72 and a current ratio of 1.84. The company has a market cap of $18.87 billion, a PE ratio of 16.06 and a beta of 1.18. The firm's fifty day moving average price is $33.94 and its two-hundred day moving average price is $32.33.

News (NASDAQ:NWS - Get Free Report) last issued its quarterly earnings data on Tuesday, August 5th. The company reported $0.19 EPS for the quarter, topping analysts' consensus estimates of $0.18 by $0.01. News had a net margin of 13.21% and a return on equity of 5.66%. The firm had revenue of $2.11 billion for the quarter, compared to analyst estimates of $2.09 billion. On average, equities research analysts anticipate that News Corporation will post 1.03 EPS for the current fiscal year.

News Announces Dividend

The company also recently disclosed a semi-annual dividend, which will be paid on Wednesday, October 8th. Shareholders of record on Wednesday, September 10th will be issued a $0.10 dividend. The ex-dividend date is Wednesday, September 10th. This represents a yield of 60.0%. News's payout ratio is currently 9.62%.

Analysts Set New Price Targets

Separately, Zacks Research upgraded shares of News to a "strong sell" rating in a report on Tuesday, August 12th. Two analysts have rated the stock with a Strong Buy rating and one has given a Sell rating to the company. According to data from MarketBeat.com, News has a consensus rating of "Buy".

News Company Profile

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.