UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Has $64.86 Million Stock Holdings in Fox Co. (NASDAQ:FOX)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in Fox Co. (NASDAQ:FOX - Free Report) by 19.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,417,953 shares of the company's stock after acquiring an additional 227,589 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.31% of FOX worth $64,857,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the company. Woodline Partners LP purchased a new position in shares of FOX in the fourth quarter worth approximately $362,000. Sone Capital Management LLC purchased a new position in FOX during the fourth quarter valued at approximately $6,564,000. Toronto Dominion Bank grew its position in FOX by 8.3% during the fourth quarter. Toronto Dominion Bank now owns 71,886 shares of the company's stock valued at $3,288,000 after purchasing an additional 5,488 shares in the last quarter. Shell Asset Management Co. grew its position in FOX by 5.0% during the fourth quarter. Shell Asset Management Co. now owns 19,875 shares of the company's stock valued at $909,000 after purchasing an additional 951 shares in the last quarter. Finally, Royal Bank of Canada grew its position in FOX by 15.6% during the fourth quarter. Royal Bank of Canada now owns 484,002 shares of the company's stock valued at $22,139,000 after purchasing an additional 65,336 shares in the last quarter. 26.41% of the stock is owned by hedge funds and other institutional investors.

FOX Stock Down 0.5%

FOX traded down $0.23 on Friday, reaching $49.94. 308,574 shares of the company traded hands, compared to its average volume of 1,234,022. The stock's 50 day moving average price is $48.01 and its 200-day moving average price is $47.77. Fox Co. has a 52-week low of $30.51 and a 52-week high of $55.00. The company has a market cap of $22.45 billion, a price-to-earnings ratio of 10.69, a PEG ratio of 1.55 and a beta of 0.56. 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 (NASDAQ:FOX - Get Free Report) last announced its quarterly earnings data 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 firm had revenue of $4.37 billion for the quarter, compared to the consensus estimate of $4.19 billion. On average, sell-side analysts expect that Fox Co. will post 4.25 EPS for the current fiscal 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.