News Co. (NASDAQ:NWS) Holdings Lifted by Czech National Bank

Czech National Bank increased its holdings in News Co. (NASDAQ:NWS) by 6.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 24,281 shares of the company’s stock after acquiring an additional 1,414 shares during the period. Czech National Bank’s holdings in News were worth $739,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of NWS. Victory Capital Management Inc. lifted its position in shares of News by 10.0% in the second quarter. Victory Capital Management Inc. now owns 12,593 shares of the company’s stock worth $358,000 after purchasing an additional 1,149 shares in the last quarter. American Century Companies Inc. lifted its position in News by 4.1% in the 2nd quarter. American Century Companies Inc. now owns 28,055 shares of the company’s stock worth $796,000 after buying an additional 1,098 shares in the last quarter. Renaissance Technologies LLC boosted its stake in shares of News by 24.9% during the 2nd quarter. Renaissance Technologies LLC now owns 186,630 shares of the company’s stock valued at $5,298,000 after buying an additional 37,220 shares during the period. Mercer Global Advisors Inc. ADV grew its holdings in shares of News by 6.4% during the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 29,768 shares of the company’s stock valued at $887,000 after acquiring an additional 1,799 shares in the last quarter. Finally, Hsbc Holdings PLC raised its holdings in shares of News by 7.4% during the second quarter. Hsbc Holdings PLC now owns 215,462 shares of the company’s stock worth $6,131,000 after acquiring an additional 14,791 shares in the last quarter. 14.63% of the stock is currently owned by institutional investors and hedge funds.

News Stock Performance

Shares of NASDAQ NWS opened at $30.40 on Friday. News Co. has a one year low of $23.99 and a one year high of $32.87. The business’s 50-day moving average price is $31.34 and its two-hundred day moving average price is $29.31. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.38 and a quick ratio of 1.26. The company has a market capitalization of $17.29 billion, a P/E ratio of 49.03 and a beta of 1.38.

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.