News Corp Class ANWSA
About: News Corporation is a diversified media conglomerate with significant presence in the us, the UK, and Australia. Key mastheads include The Wall Street Journal, Barron's, New York Post, The Times, The Sun, The Australian, Herald Sun, and The Daily Telegraph. The company also has a strong presence in the Australian subscription video market through 65%-owned Foxtel, and streaming platforms such as sport-focused Kayo and entertainment-focused Binge. Its 61%-owned REA Group is the dominant property listings business in Australia. In addition, it owns Harper Collins, one of the largest book publishers in the world, and has a sizable us digital property advertising business, Move.
Employees: 23,900
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
70% more call options, than puts
Call options by funds: $1.5M | Put options by funds: $884K
34% more first-time investments, than exits
New positions opened: 63 | Existing positions closed: 47
33% more repeat investments, than reductions
Existing positions increased: 195 | Existing positions reduced: 147
3% more funds holding
Funds holding: 477 [Q2] → 493 (+16) [Q3]
1.69% less ownership
Funds ownership: 99.69% [Q2] → 98.0% (-1.69%) [Q3]
5% less capital invested
Capital invested by funds: $10.4B [Q2] → $9.87B (-$555M) [Q3]
13% less funds holding in top 10
Funds holding in top 10: 15 [Q2] → 13 (-2) [Q3]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Loop Capital Alan Gould 84% 1-year accuracy 16 / 19 met price target | 58%upside $44 | Buy Maintained | 9 Dec 2024 |
Guggenheim Curry Baker 38% 1-year accuracy 8 / 21 met price target | 44%upside $40 | Buy Maintained | 12 Nov 2024 |
Financial journalist opinion
Based on 6 articles about NWSA published over the past 30 days
