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

Toronto Dominion Bank grew its holdings in shares of Fox Co. (NASDAQ:FOX - Free Report) by 8.3% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 71,886 shares of the company's stock after acquiring 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.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Migdal Insurance & Financial Holdings Ltd. bought a new stake in shares of FOX during the 4th quarter valued at about $29,000. CIBC Private Wealth Group LLC lifted its stake in FOX by 135.6% during the 4th quarter. CIBC Private Wealth Group LLC now owns 907 shares of the company's stock valued at $42,000 after acquiring an additional 522 shares in the last quarter. Principal Securities Inc. boosted its holdings in FOX by 51.5% during the fourth quarter. Principal Securities Inc. now owns 1,065 shares of the company's stock worth $49,000 after purchasing an additional 362 shares during the last quarter. O Shaughnessy Asset Management LLC boosted its stake in shares of FOX by 82.7% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 1,343 shares of the company's stock worth $61,000 after buying an additional 608 shares during the last quarter. Finally, Westpac Banking Corp grew its stake in FOX by 84.0% in the 4th quarter. Westpac Banking Corp now owns 1,625 shares of the company's stock valued at $74,000 after purchasing an additional 742 shares during the period. 26.41% of the stock is owned by institutional investors and hedge funds.

FOX Stock Performance

FOX stock traded up $0.30 during mid-day trading on Monday, hitting $50.58. The company had a trading volume of 1,367,611 shares, compared to its average volume of 1,297,218. The firm has a market cap of $22.74 billion, a PE ratio of 10.83, a price-to-earnings-growth ratio of 1.55 and a beta of 0.56. The stock's fifty day moving average price is $48.00 and its two-hundred day moving average price is $47.87. The company has a debt-to-equity ratio of 0.57, a quick ratio of 2.14 and a current ratio of 2.50. Fox Co. has a 12 month low of $30.51 and a 12 month high of $55.00.

FOX (NASDAQ:FOX - Get Free Report) last announced its quarterly earnings results on Monday, May 12th. The company reported $1.10 EPS for the quarter, beating analysts' consensus estimates of $0.96 by $0.14. FOX had a net margin of 14.39% and a return on equity of 18.50%. The company had revenue of $4.37 billion for the quarter, compared to analysts' expectations of $4.19 billion. On average, analysts forecast that Fox Co. will post 4.25 earnings per share for the current fiscal year.

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.