Toronto Dominion Bank Acquires 5,488 Shares of Fox Co. (NASDAQ:FOX)

Toronto Dominion Bank boosted its holdings in Fox Co. (NASDAQ:FOX - Free Report) by 8.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 71,886 shares of the company's stock after buying an additional 5,488 shares during the period. Toronto Dominion Bank's holdings in FOX were worth $3,288,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in FOX. Norges Bank bought a new position in FOX in the 4th quarter worth approximately $138,822,000. Contrarius Group Holdings Ltd bought a new position in FOX in the 4th quarter worth approximately $57,766,000. Independent Franchise Partners LLP increased its position in FOX by 15.4% in the 4th quarter. Independent Franchise Partners LLP now owns 5,706,386 shares of the company's stock worth $261,010,000 after buying an additional 759,874 shares during the period. Amundi increased its position in FOX by 83.0% in the 4th quarter. Amundi now owns 1,549,002 shares of the company's stock worth $72,199,000 after buying an additional 702,561 shares during the period. Finally, Vanguard Group Inc. increased its position in FOX by 3.1% in the 4th quarter. Vanguard Group Inc. now owns 14,336,198 shares of the company's stock worth $655,738,000 after buying an additional 425,868 shares during the period. 26.41% of the stock is owned by institutional investors.

FOX Price Performance

Shares of NASDAQ:FOX opened at $50.51 on Friday. Fox Co. has a 1-year low of $30.28 and a 1-year high of $55.00. The firm has a market capitalization of $22.71 billion, a PE ratio of 10.82, a PEG ratio of 1.55 and a beta of 0.56. The business's 50 day moving average is $47.86 and its 200-day moving average is $47.46. The company has a current ratio of 2.50, a quick ratio of 2.14 and a debt-to-equity ratio of 0.57.

FOX (NASDAQ:FOX - Get Free Report) last announced its quarterly earnings data on Monday, May 12th. The company reported $1.10 earnings per share for the quarter, topping the consensus estimate of $0.96 by $0.14. 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 analyst estimates of $4.19 billion. Sell-side analysts predict that Fox Co. will post 4.25 earnings per share for the current 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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