Quantinno Capital Management LP boosted its position in Fox Co. (NASDAQ:FOX - Free Report) by 50.0% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 41,295 shares of the company's stock after acquiring an additional 13,772 shares during the period. Quantinno Capital Management LP's holdings in FOX were worth $1,889,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also added to or reduced their stakes in FOX. Mufg Securities Americas Inc. purchased a new stake in shares of FOX during the fourth quarter valued at approximately $89,000. Parkwood LLC raised its position in shares of FOX by 11.7% in the 4th quarter. Parkwood LLC now owns 183,410 shares of the company's stock worth $8,389,000 after purchasing an additional 19,166 shares during the last quarter. Nuveen Asset Management LLC increased its holdings in FOX by 5.2% in the 4th quarter. Nuveen Asset Management LLC now owns 1,041,588 shares of the company's stock worth $47,642,000 after buying an additional 51,662 shares in the last quarter. OMERS ADMINISTRATION Corp bought a new stake in shares of FOX during the 4th quarter valued at about $271,000. Finally, Ensign Peak Advisors Inc grew its stake in shares of FOX by 91.7% during the 4th quarter. Ensign Peak Advisors Inc now owns 39,427 shares of the company's stock valued at $1,803,000 after purchasing an additional 18,865 shares during the period. 26.41% of the stock is currently owned by institutional investors.
FOX Stock Performance
Shares of NASDAQ:FOX traded down $0.08 during mid-day trading on Friday, reaching $50.43. 893,177 shares of the company traded hands, compared to its average volume of 1,253,123. The company's 50 day moving average price is $47.90 and its 200-day moving average price is $47.56. The company has a debt-to-equity ratio of 0.57, a current ratio of 2.50 and a quick ratio of 2.14. Fox Co. has a 52 week low of $30.51 and a 52 week high of $55.00. The firm has a market cap of $22.67 billion, a PE ratio of 10.80, a PEG ratio of 1.55 and a beta of 0.56.
FOX (NASDAQ:FOX - Get Free Report) last released its earnings results on Monday, May 12th. The company reported $1.10 earnings per share for the quarter, beating the consensus estimate of $0.96 by $0.14. The firm had revenue of $4.37 billion for the quarter, compared to the consensus estimate of $4.19 billion. FOX had a return on equity of 18.50% and a net margin of 14.39%. On average, equities analysts expect that Fox Co. will post 4.25 EPS for the current fiscal year.
FOX Company Profile
(
Free Report)
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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