Atria Investments Inc Has $526,000 Holdings in News Co. (NASDAQ:NWS)

Atria Investments Inc lifted its position in shares of News Co. (NASDAQ:NWS) by 27.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 18,818 shares of the company’s stock after buying an additional 4,078 shares during the quarter. Atria Investments Inc’s holdings in News were worth $526,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Covestor Ltd increased its position in shares of News by 69.9% during the first quarter. Covestor Ltd now owns 1,201 shares of the company’s stock worth $33,000 after buying an additional 494 shares during the period. Blue Trust Inc. grew its holdings in News by 253.3% in the third quarter. Blue Trust Inc. now owns 2,021 shares of the company’s stock worth $57,000 after purchasing an additional 1,449 shares during the period. iA Global Asset Management Inc. acquired a new stake in News in the first quarter worth $76,000. ORG Partners LLC acquired a new stake in News in the second quarter worth $81,000. Finally, ORG Wealth Partners LLC acquired a new stake in News in the third quarter worth $80,000. 14.63% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Separately, Loop Capital upgraded shares of News to a “strong-buy” rating in a report on Tuesday, September 10th.

News Trading Up 1.0 %

NASDAQ:NWS opened at $31.78 on Wednesday. The company has a current ratio of 1.38, a quick ratio of 1.26 and a debt-to-equity ratio of 0.30. The stock has a market capitalization of $18.07 billion, a price-to-earnings ratio of 51.26 and a beta of 1.36. The firm has a fifty day simple moving average of $28.65 and a two-hundred day simple moving average of $28.19. News Co. has a 12 month low of $21.84 and a 12 month high of $32.75.

News 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.