6,306 Shares in Fox Co. (NASDAQ:FOXA) Acquired by Captrust Financial Advisors

Captrust Financial Advisors acquired a new stake in shares of Fox Co. (NASDAQ:FOXA - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 6,306 shares of the company's stock, valued at approximately $306,000.

A number of other hedge funds also recently bought and sold shares of the company. DnB Asset Management AS lifted its holdings in shares of FOX by 0.6% in the fourth quarter. DnB Asset Management AS now owns 44,063 shares of the company's stock valued at $2,141,000 after purchasing an additional 245 shares in the last quarter. Jones Financial Companies Lllp lifted its holdings in shares of FOX by 61.5% in the fourth quarter. Jones Financial Companies Lllp now owns 654 shares of the company's stock valued at $32,000 after purchasing an additional 249 shares in the last quarter. SRS Capital Advisors Inc. lifted its holdings in shares of FOX by 91.0% in the fourth quarter. SRS Capital Advisors Inc. now owns 550 shares of the company's stock valued at $27,000 after purchasing an additional 262 shares in the last quarter. US Bancorp DE lifted its holdings in shares of FOX by 2.0% in the fourth quarter. US Bancorp DE now owns 14,520 shares of the company's stock valued at $705,000 after purchasing an additional 281 shares in the last quarter. Finally, Metis Global Partners LLC lifted its holdings in shares of FOX by 2.8% in the fourth quarter. Metis Global Partners LLC now owns 10,783 shares of the company's stock valued at $524,000 after purchasing an additional 292 shares in the last quarter. 52.52% of the stock is owned by hedge funds and other institutional investors.

FOX Price Performance

NASDAQ FOXA traded up $0.06 during trading on Monday, reaching $55.04. 2,905,809 shares of the company traded hands, compared to its average volume of 3,508,314. 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 stock's 50 day moving average price is $51.72 and its two-hundred day moving average price is $50.88. The company has a market cap of $24.75 billion, a price-to-earnings ratio of 11.79, a P/E/G ratio of 1.27 and a beta of 0.51. Fox Co. has a 1-year low of $32.76 and a 1-year high of $58.74.

FOX (NASDAQ:FOXA - Get Free Report) last released its quarterly earnings data on Monday, May 12th. The company reported $1.10 earnings per share for the quarter, beating analysts' consensus estimates of $0.93 by $0.17. FOX had a return on equity of 18.50% and a net margin of 14.39%. The company had revenue of $4.37 billion for the quarter, compared to the consensus estimate of $4.14 billion. During the same period in the previous year, the business earned $1.40 earnings per share. The company's quarterly revenue was up 26.8% on a year-over-year basis. As a group, analysts anticipate that Fox Co. will post 4.38 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on FOXA. Morgan Stanley increased their target price on FOX from $57.00 to $60.00 and gave the company an "equal weight" rating in a report on Tuesday, May 13th. Wolfe Research lowered FOX from a "peer perform" rating to an "underperform" rating and set a $48.00 target price on the stock. in a report on Monday, April 7th. Guggenheim restated a "buy" rating and set a $60.00 target price on shares of FOX in a research note on Tuesday, March 25th. Wells Fargo & Company increased their target price on FOX from $58.00 to $62.00 and gave the company an "overweight" rating in a research note on Tuesday, May 13th. Finally, Cowen restated a "hold" rating on shares of FOX in a research note on Tuesday, May 13th. Two equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and nine have given a buy rating to the company. Based on data from MarketBeat.com, FOX currently has an average rating of "Hold" and a consensus price target of $52.71.

About FOX

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.