2 weeks Ago By ABMN Staff
Envestnet Asset Management Inc. trimmed its stake in Fox Factory Holding Corp. ( NASDAQ:FOXF – Free Report ) by 51.
5% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 126,513 shares of the company’s stock after selling 134,540 shares during the quarter. Envestnet Asset Management Inc.
’s holdings in Fox Factory were worth $3,830,000 at the end of the most recent reporting period. A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Diversify Wealth Management LLC increased its stake in Fox Factory by 10.
1% during the 4th quarter. Diversify Wealth Management LLC now owns 7,443 shares of the company’s stock worth $207,000 after acquiring an additional 680 shares during the period. Swiss National Bank grew its holdings in shares of Fox Factory by 0.
9% during the 4th quarter. Swiss National Bank now owns 82,000 shares of the company’s stock worth $2,482,000 after purchasing an additional 700 shares in the last quarter. KBC Group NV increased its position in shares of Fox Factory by 80.
4% in the fourth quarter. KBC Group NV now owns 2,484 shares of the company’s stock worth $75,000 after purchasing an additional 1,107 shares during the period. HighTower Advisors LLC raised its stake in Fox Factory by 23.
8% in the third quarter. HighTower Advisors LLC now owns 5,880 shares of the company’s stock valued at $243,000 after purchasing an additional 1,131 shares in the last quarter. Finally, Rhumbline Advisers lifted its position in Fox Factory by 1.
4% during the fourth quarter. Rhumbline Advisers now owns 129,275 shares of the company’s stock worth $3,913,000 after purchasing an additional 1,790 shares during the period. Analyst Ratings Changes FOXF has been the topic of several recent analyst reports.
Truist Financial decreased their target price on shares of Fox Factory from $40.00 to $24.00 and set a “buy” rating on the stock in a report on Monday, April 14th.
Robert W. Baird decreased 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. Stifel Nicolaus cut their target price on Fox Factory from $40.00 to $34.
00 and set a “buy” rating for the company in a research note on Thursday, April 10th. Finally, Jefferies Financial Group reduced their target price on Fox Factory from $45.00 to $38.
00 and set a “buy” rating on the stock in a report on Friday, February 28th. Five investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat.
com, the company currently has a consensus rating of “Hold” and an average target price of $35.00. Fox Factory Price Performance FOXF stock opened at $20.
35 on Thursday. The stock has a market cap of $848.84 million, a price-to-earnings ratio of 78.
27, a P/E/G ratio of 1.45 and a beta of 1.56.
The company has a debt-to-equity ratio of 0.62, a current ratio of 3.21 and a quick ratio of 1.
62. The company has a 50 day simple moving average of $23.72 and a 200 day simple moving average of $29.
06. Fox Factory Holding Corp. has a 1 year low of $17.
95 and a 1 year high of $54.86. Fox Factory ( NASDAQ:FOXF – Get Free Report ) last announced its quarterly 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 net margin of 0.78% and a return on equity of 5.
23%. The company had revenue of $352.84 million during the quarter, compared to the consensus estimate of $321.
31 million. Research analysts anticipate that Fox Factory Holding Corp. will post 1.
31 EPS for the current fiscal year. Fox Factory Company Profile ( Free Report ) 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. See Also Want to see what other hedge funds are holding FOXF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fox Factory Holding Corp.
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