BNP Paribas Financial Markets Has $24.52 Million Stock Holdings in Fox Co. (NASDAQ:FOX)

BNP Paribas Financial Markets increased its position in shares of Fox Co. (NASDAQ:FOX - Free Report) by 42.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 535,960 shares of the company's stock after acquiring an additional 159,657 shares during the quarter. BNP Paribas Financial Markets owned about 0.12% of FOX worth $24,515,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the company. Algert Global LLC raised its position in shares of FOX by 28.4% during the fourth quarter. Algert Global LLC now owns 84,796 shares of the company's stock worth $3,879,000 after purchasing an additional 18,779 shares during the period. AXA S.A. bought a new position in FOX in the fourth quarter valued at approximately $5,075,000. Jane Street Group LLC acquired a new position in shares of FOX in the fourth quarter valued at approximately $844,000. Caisse DE Depot ET Placement DU Quebec boosted its holdings in shares of FOX by 52.4% in the fourth quarter. Caisse DE Depot ET Placement DU Quebec now owns 152,400 shares of the company's stock valued at $6,971,000 after buying an additional 52,400 shares during the period. Finally, Comerica Bank raised its holdings in shares of FOX by 409.6% during the fourth quarter. Comerica Bank now owns 79,537 shares of the company's stock worth $3,638,000 after acquiring an additional 63,930 shares during the period. Institutional investors own 26.41% of the company's stock.

Wall Street Analysts Forecast Growth

Separately, Moffett Nathanson lowered shares of FOX from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, January 21st.

Insiders Place Their Bets

In other FOX news, Chairman Keith Rupert Murdoch sold 58,000 shares of the business's stock in a transaction that occurred on Friday, February 21st. The stock was sold at an average price of $53.17, for a total transaction of $3,083,860.00. Following the transaction, the chairman now owns 1,200,862 shares of the company's stock, valued at $63,849,832.54. The trade was a 4.61 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders own 23.06% of the company's stock.

FOX Stock Down 0.5 %

Shares of FOX stock opened at $46.72 on Friday. Fox Co. has a 52-week low of $30.10 and a 52-week high of $55.00. The company has a debt-to-equity ratio of 0.57, a quick ratio of 2.14 and a current ratio of 2.50. The business's 50 day simple moving average is $47.64 and its 200 day simple moving average is $46.70. The firm has a market cap of $21.18 billion, a PE ratio of 10.00, a P/E/G ratio of 1.55 and a beta of 0.56.

FOX (NASDAQ:FOX - Get Free Report) last announced its quarterly earnings data on Tuesday, February 4th. The company reported $0.96 EPS for the quarter, topping analysts' consensus estimates of $0.61 by $0.35. FOX had a net margin of 14.39% and a return on equity of 18.50%. During the same period last year, the firm earned $0.34 EPS. On average, analysts predict that Fox Co. will post 4.25 earnings per share for the current fiscal year.

FOX Company Profile

Fox Corporation operates as a news, sports, and entertainment company in the United States (U.S.). The company operates through four segments: Cable Network Programming, Television, Credible, and The FOX Studio Lot. The Cable Network Programming segment produces and licenses news and sports content for distribution through traditional cable television systems, direct broadcast satellite operators and telecommunication companies, virtual multi-channel video programming distributors, and other digital platforms primarily in the U.S.

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