2 weeks Ago By Defense World Staff
DoubleLine ETF Adviser LP increased its position in shares of News Co. ( NASDAQ:NWS – Free Report ) by 9.1% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission.
The institutional investor owned 14,779 shares of the company’s stock after purchasing an additional 1,236 shares during the period. DoubleLine ETF Adviser LP’s holdings in News were worth $420,000 at the end of the most recent quarter. A number of other hedge funds and other institutional investors also recently bought and sold shares of NWS.
Norges Bank purchased a new position in shares of News in the 4th quarter valued at about $7,919,000. PNC Financial Services Group Inc. increased its stake in News by 7.
8% in the fourth quarter. PNC Financial Services Group Inc. now owns 30,844 shares of the company’s stock valued at $793,000 after purchasing an additional 2,237 shares during the last quarter.
Hsbc Holdings PLC raised its holdings in News by 1.8% during the fourth quarter. Hsbc Holdings PLC now owns 171,282 shares of the company’s stock worth $4,408,000 after purchasing an additional 3,052 shares in the last quarter.
Treasurer of the State of North Carolina lifted its position in shares of News by 1.0% during the 4th quarter. Treasurer of the State of North Carolina now owns 51,640 shares of the company’s stock worth $1,328,000 after buying an additional 500 shares during the last quarter.
Finally, TFO Wealth Partners LLC boosted its holdings in shares of News by 101,516.7% in 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.
14.63% of the stock is currently owned by institutional investors and hedge funds. News Stock Up 0.
4 % News stock opened at $27.75 on Friday. The stock has a 50-day simple moving average of $28.
15 and a 200-day simple moving average of $27.38. The company has a market capitalization of $15.
81 billion, a P/E ratio of 77.08 and a beta of 1.37.
The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.33 and a current ratio of 1.
43. News Co. has a fifty-two week low of $20.
01 and a fifty-two week high of $29.59. News Dividend Announcement The firm also recently disclosed a Semi-Annual dividend, which will be paid on Wednesday, October 9th.
Shareholders of record on Wednesday, September 11th will be given a dividend of $0.10 per share. This represents a yield of 0.
7%. The ex-dividend date is Wednesday, September 11th. News’s payout ratio is currently 55.
56%. Wall Street Analysts Forecast Growth Separately, Loop Capital upgraded shares of News to a “strong-buy” rating in a research note on Tuesday, September 10th. Read Our Latest Report on NWS 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. Featured Articles Five stocks we like better than News How to Plot Fibonacci Price Inflection Levels Rocket Lab Stock Soars: Should Investors Chase the Rally? 3 Stocks to Consider Buying in October KB Home Slips After Earnings: What’s Next for Homebuilders? How to Most Effectively Use the MarketBeat Earnings Screener Micron Stock Soars as AI Demand Fuels Big Q4 Earnings Beat 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 .
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