Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in shares of Fox Co. (NASDAQ:FOX - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 55,174 shares of the company's stock, valued at approximately $2,524,000.
Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Mackenzie Financial Corp purchased a new stake in shares of FOX during the fourth quarter valued at approximately $206,000. Forum Financial Management LP bought a new stake in shares of FOX during the 4th quarter worth $318,000. Toronto Dominion Bank boosted its holdings in shares of FOX by 8.3% in the 4th quarter. Toronto Dominion Bank now owns 71,886 shares of the company's stock worth $3,288,000 after buying an additional 5,488 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in shares of FOX by 19.1% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,417,953 shares of the company's stock valued at $64,857,000 after acquiring an additional 227,589 shares during the period. Finally, Woodline Partners LP bought a new position in FOX during the fourth quarter valued at $362,000. 26.41% of the stock is currently owned by hedge funds and other institutional investors.
FOX Stock Performance
FOX stock traded down $1.17 during mid-day trading on Wednesday, reaching $49.55. The company's stock had a trading volume of 952,181 shares, compared to its average volume of 1,288,693. The company has a debt-to-equity ratio of 0.57, a quick ratio of 2.14 and a current ratio of 2.50. The company has a market capitalization of $22.28 billion, a P/E ratio of 10.61, 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 firm's fifty day moving average price is $47.98 and its two-hundred day moving average price is $47.94.
FOX (NASDAQ:FOX - Get Free Report) last issued its quarterly earnings data on Monday, May 12th. The company reported $1.10 EPS for the quarter, beating 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 during the quarter, compared to analysts' expectations of $4.19 billion. Sell-side analysts predict that Fox Co. will post 4.25 EPS for the current fiscal year.
FOX 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.
Featured Stories
Before you consider FOX, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and FOX wasn't on the list.
While FOX currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
