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

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in Fox Co. (NASDAQ:FOX - Free Report) by 19.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,417,953 shares of the company's stock after purchasing an additional 227,589 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.31% of FOX worth $64,857,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in FOX. Yousif Capital Management LLC increased its stake in shares of FOX by 1.1% in the fourth quarter. Yousif Capital Management LLC now owns 19,098 shares of the company's stock worth $874,000 after purchasing an additional 212 shares during the period. iA Global Asset Management Inc. increased its position in FOX by 5.4% in the 4th quarter. iA Global Asset Management Inc. now owns 6,801 shares of the company's stock worth $311,000 after buying an additional 350 shares during the period. Principal Securities Inc. lifted its holdings in shares of 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 buying an additional 362 shares during the last quarter. CIBC Private Wealth Group LLC lifted its holdings in shares of FOX by 135.6% during the fourth quarter. CIBC Private Wealth Group LLC now owns 907 shares of the company's stock worth $42,000 after buying an additional 522 shares during the last quarter. Finally, Arizona State Retirement System boosted its position in shares of FOX by 1.4% in the fourth quarter. Arizona State Retirement System now owns 41,054 shares of the company's stock valued at $1,878,000 after acquiring an additional 557 shares during the period. 26.41% of the stock is currently owned by institutional investors and hedge funds.

FOX Stock Performance

FOX stock traded down $1.33 on Thursday, reaching $50.17. 1,033,089 shares of the company were exchanged, compared to its average volume of 1,239,838. The firm has a market capitalization of $22.56 billion, a PE ratio of 10.74, a PEG ratio of 1.55 and a beta of 0.56. Fox Co. has a 12 month low of $30.51 and a 12 month high of $55.00. The stock's fifty day moving average price is $48.00 and its 200 day moving average price is $47.72. 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 posted its quarterly earnings results on Monday, May 12th. The company reported $1.10 earnings per share (EPS) for the quarter, topping the consensus estimate 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 analyst estimates of $4.19 billion. On average, research analysts anticipate that Fox Co. will post 4.25 EPS 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.