News (NASDAQ:NWSA – Free Report) had its price target decreased by Loop Capital from $44.00 to $41.00 in a research report report published on Monday,Benzinga reports. Loop Capital currently has a buy rating on the stock.
A number of other equities research analysts also recently issued reports on NWSA. StockNews.com downgraded shares of News from a “buy” rating to a “hold” rating in a research report on Wednesday, December 18th. Guggenheim boosted their target price on News from $36.00 to $40.00 and gave the stock a “buy” rating in a research report on Tuesday, November 12th. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $39.33.
Get Our Latest Stock Analysis on NWSA
News Stock Performance
Institutional Investors Weigh In On News
A number of institutional investors and hedge funds have recently bought and sold shares of the stock. International Assets Investment Management LLC purchased a new stake in shares of News in the second quarter valued at $26,000. Acadian Asset Management LLC lifted its holdings in News by 95.1% in the 2nd quarter. Acadian Asset Management LLC now owns 1,038 shares of the company’s stock valued at $28,000 after purchasing an additional 506 shares in the last quarter. Brooklyn Investment Group acquired a new stake in shares of News during the 3rd quarter worth about $39,000. Innealta Capital LLC purchased a new stake in shares of News during the second quarter worth about $46,000. Finally, ORG Wealth Partners LLC acquired a new position in shares of News in the third quarter valued at approximately $79,000. Hedge funds and other institutional investors own 66.97% of the company’s stock.
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.
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