News Co. (NASDAQ:NWS) Stock Holdings Lessened by Nuveen Asset Management LLC

Nuveen Asset Management LLC lessened its position in News Co. (NASDAQ:NWS - Free Report) by 7.7% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 290,348 shares of the company's stock after selling 24,119 shares during the period. Nuveen Asset Management LLC owned approximately 0.05% of News worth $8,835,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of NWS. Dorsey Wright & Associates increased its holdings in shares of News by 0.3% in the fourth quarter. Dorsey Wright & Associates now owns 109,785 shares of the company's stock valued at $3,341,000 after buying an additional 330 shares in the last quarter. iA Global Asset Management Inc. grew its holdings in shares of News by 13.9% in the 4th quarter. iA Global Asset Management Inc. now owns 3,195 shares of the company's stock worth $97,000 after acquiring an additional 390 shares during the last quarter. American Century Companies Inc. raised its position in shares of 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. MetLife Investment Management LLC raised its position in shares of News by 1.5% during the fourth quarter. MetLife Investment Management LLC now owns 29,660 shares of the company's stock worth $903,000 after purchasing an additional 450 shares during the period. Finally, Asset Management One Co. Ltd. boosted its position in shares of News by 22.9% in the 4th quarter. Asset Management One Co. Ltd. now owns 2,668 shares of the company's stock valued at $82,000 after purchasing an additional 497 shares during the period. Institutional investors and hedge funds own 14.63% of the company's stock.

Analyst Upgrades and Downgrades

Separately, Seaport Res Ptn upgraded News to a "strong-buy" rating in a report on Friday, January 31st.

News Trading Down 0.9%

Shares of NWS stock traded down $0.28 during trading hours on Friday, reaching $32.62. 730,058 shares of the stock traded hands, compared to its average volume of 739,579. The company has a quick ratio of 1.65, a current ratio of 1.73 and a debt-to-equity ratio of 0.22. The firm has a market capitalization of $18.47 billion, a PE ratio of 44.69 and a beta of 1.28. News Co. has a 1-year low of $26.04 and a 1-year high of $35.25. The business has a fifty day moving average price of $31.08 and a 200 day moving average price of $31.49.

News (NASDAQ:NWS - Get Free Report) last announced its earnings results on Thursday, May 8th. The company reported $0.17 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.22 by ($0.05). The firm had revenue of $2.01 billion for the quarter, compared to analyst estimates of $2 billion. News had a net margin of 4.22% and a return on equity of 5.31%. On average, equities research analysts forecast that News Co. will post 1.03 EPS for the current year.

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.