13,408 Shares in Fox Corporation (NASDAQ:FOX) Bought by Natixis Advisors LLC

Natixis Advisors LLC bought a new position in Fox Corporation (NASDAQ:FOX - Free Report) during the first quarter, according to its most recent filing with the SEC. The firm bought 13,408 shares of the company's stock, valued at approximately $707,000.

Other large investors also recently modified their holdings of the company. O Shaughnessy Asset Management LLC lifted its stake in FOX by 82.7% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 1,343 shares of the company's stock valued at $61,000 after acquiring an additional 608 shares in the last quarter. Russell Investments Group Ltd. increased its holdings in FOX by 17.9% in the 4th quarter. Russell Investments Group Ltd. now owns 151,028 shares of the company's stock worth $6,921,000 after acquiring an additional 22,980 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in FOX in the 4th quarter worth about $1,295,000. Treasurer of the State of North Carolina increased its holdings in FOX by 2.3% in the 4th quarter. Treasurer of the State of North Carolina now owns 115,872 shares of the company's stock worth $5,300,000 after acquiring an additional 2,586 shares during the last quarter. Finally, Sterling Capital Management LLC grew its holdings in FOX by 676.0% during the 4th quarter. Sterling Capital Management LLC now owns 39,120 shares of the company's stock valued at $1,789,000 after buying an additional 34,079 shares in the last quarter. 26.41% of the stock is currently owned by institutional investors.

FOX Price Performance

FOX stock traded up $0.65 during mid-day trading on Thursday, reaching $54.43. 451,293 shares of the company traded hands, compared to its average volume of 1,230,380. The company has a market capitalization of $24.47 billion, a P/E ratio of 11.09, a P/E/G ratio of 1.26 and a beta of 0.58. The company has a debt-to-equity ratio of 0.55, a current ratio of 2.91 and a quick ratio of 2.76. The company has a fifty day moving average price of $50.90 and a 200-day moving average price of $49.85. Fox Corporation has a 52-week low of $35.89 and a 52-week high of $55.00.

FOX (NASDAQ:FOX - Get Free Report) last released its earnings results on Tuesday, August 5th. The company reported $1.27 earnings per share for the quarter, topping analysts' consensus estimates of $1.03 by $0.24. The company had revenue of $3.29 billion during the quarter, compared to the consensus estimate of $3.12 billion. FOX had a return on equity of 18.86% and a net margin of 13.88%. As a group, analysts anticipate that Fox Corporation will post 4.25 earnings per share for the current year.

FOX Announces Dividend

The business also recently disclosed a half year 25 dividend, which will be paid on Wednesday, September 24th. Shareholders of record on Wednesday, September 3rd will be given a $0.28 dividend. The ex-dividend date is Wednesday, September 3rd. FOX's payout ratio is presently 11.00%.

Insiders Place Their Bets

In other FOX news, CFO Steven Tomsic sold 5,607 shares of the business's stock in a transaction that occurred on Wednesday, June 4th. The stock was sold at an average price of $55.37, for a total value of $310,459.59. Following the completion of the sale, the chief financial officer owned 133,923 shares in the company, valued at approximately $7,415,316.51. The trade was a 4.02% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 23.06% of the company's stock.

FOX 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.