Barclays PLC Has $2.25 Million Stake in Fox Factory Holding Corp. (NASDAQ:FOXF)

Barclays PLC cut its position in shares of Fox Factory Holding Corp. (NASDAQ:FOXF - Free Report) by 39.6% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 74,191 shares of the company's stock after selling 48,615 shares during the quarter. Barclays PLC owned 0.18% of Fox Factory worth $2,246,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of FOXF. Raymond James Financial Inc. bought a new position in shares of Fox Factory during the 4th quarter worth approximately $2,543,000. Advantage Alpha Capital Partners LP grew its position in Fox Factory by 30.8% in the fourth quarter. Advantage Alpha Capital Partners LP now owns 68,221 shares of the company's stock valued at $2,065,000 after purchasing an additional 16,081 shares in the last quarter. Caprock Group LLC increased its stake in Fox Factory by 133.7% in the 4th quarter. Caprock Group LLC now owns 22,396 shares of the company's stock valued at $678,000 after buying an additional 12,813 shares during the last quarter. Mutual of America Capital Management LLC lifted its position in Fox Factory by 1,569.2% during the 4th quarter. Mutual of America Capital Management LLC now owns 104,657 shares of the company's stock worth $3,168,000 after buying an additional 98,387 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. grew its holdings in shares of Fox Factory by 13.3% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 622,745 shares of the company's stock valued at $18,850,000 after acquiring an additional 73,110 shares in the last quarter.

Analyst Upgrades and Downgrades

Several research analysts recently commented on FOXF shares. Jefferies Financial Group reduced their price target on Fox Factory from $45.00 to $38.00 and set a "buy" rating for the company in a research report on Friday, February 28th. Stifel Nicolaus decreased their target price on shares of Fox Factory from $40.00 to $34.00 and set a "buy" rating for the company in a research note on Thursday, April 10th. Truist Financial dropped their price target on shares of Fox Factory from $40.00 to $24.00 and set a "buy" rating on the stock in a research report on Monday, April 14th. Finally, Robert W. Baird lowered their price objective on shares of Fox Factory from $32.00 to $25.00 and set a "neutral" rating on the stock in a research note on Friday, April 4th. Five equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat, the stock presently has an average rating of "Hold" and an average target price of $35.00.

Fox Factory Stock Performance

NASDAQ:FOXF traded down $0.87 during mid-day trading on Tuesday, reaching $20.17. 648,135 shares of the company's stock were exchanged, compared to its average volume of 606,502. The business's fifty day simple moving average is $22.75 and its two-hundred day simple moving average is $27.78. Fox Factory Holding Corp. has a one year low of $17.95 and a one year high of $54.86. The firm has a market capitalization of $841.12 million, a PE ratio of 77.56, a price-to-earnings-growth ratio of 1.45 and a beta of 1.54. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.62 and a current ratio of 3.21.

Fox Factory (NASDAQ:FOXF - Get Free Report) last released its earnings results on Thursday, February 27th. The company reported $0.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.29 by $0.02. Fox Factory had a return on equity of 5.23% and a net margin of 0.78%. The company had revenue of $352.84 million for the quarter, compared to analyst estimates of $321.31 million. Analysts anticipate that Fox Factory Holding Corp. will post 1.31 earnings per share for the current fiscal year.

Fox Factory Profile

Fox Factory Holding Corp. designs, engineers, manufactures, and markets performance-defining products and system worldwide. The company offers powered vehicle products for side-by-side vehicles, on-road vehicles with and without off-road capabilities, off-road vehicles and trucks, all-terrain vehicles, snowmobiles, and specialty vehicles and applications, such as military, motorcycles, and commercial trucks; lift kits and components with shock products and aftermarket accessory packages for trucks; and mid-end and high-end front fork and rear suspension products.