Woodline Partners LP bought a new position in shares of Fox Co. (NASDAQ:FOX - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 7,923 shares of the company's stock, valued at approximately $362,000.
A number of other institutional investors and hedge funds have also recently bought and sold shares of FOX. Norges Bank acquired a new position in FOX during the 4th quarter worth $138,822,000. Contrarius Group Holdings Ltd bought a new position in shares of FOX during the 4th quarter worth about $57,766,000. Independent Franchise Partners LLP increased its holdings in shares of FOX by 15.4% during the 4th quarter. Independent Franchise Partners LLP now owns 5,706,386 shares of the company's stock worth $261,010,000 after purchasing an additional 759,874 shares during the period. Amundi increased its holdings in shares of FOX by 83.0% during the 4th quarter. Amundi now owns 1,549,002 shares of the company's stock worth $72,199,000 after purchasing an additional 702,561 shares during the period. Finally, Vanguard Group Inc. increased its holdings in shares of FOX by 3.1% during the 4th quarter. Vanguard Group Inc. now owns 14,336,198 shares of the company's stock worth $655,738,000 after purchasing an additional 425,868 shares during the period. Institutional investors and hedge funds own 26.41% of the company's stock.
FOX Stock Performance
Shares of NASDAQ:FOX traded down $0.07 on Friday, hitting $50.10. 6,652,716 shares of the company were exchanged, compared to its average volume of 1,236,316. The company's 50 day moving average price is $48.00 and its two-hundred day moving average price is $47.87. Fox Co. has a one year low of $30.51 and a one year high of $55.00. 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 firm has a market capitalization of $22.53 billion, a price-to-earnings ratio of 10.73, a PEG ratio of 1.55 and a beta of 0.56.
FOX (NASDAQ:FOX - Get Free Report) last posted its quarterly earnings data 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 the consensus estimate of $4.19 billion. Research analysts expect that Fox Co. will post 4.25 earnings per share for the current year.
FOX Company 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.
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