2 weeks Ago By ABMN Staff
Russell Investments Group Ltd. raised its position in shares of Fox Co. ( NASDAQ:FOX – Free Report ) by 17.
9% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 151,028 shares of the company’s stock after purchasing an additional 22,980 shares during the quarter. Russell Investments Group Ltd.
’s holdings in FOX were worth $6,921,000 as of its most recent SEC filing. Other hedge funds have also modified their holdings of the company. Migdal Insurance & Financial Holdings Ltd.
bought a new position in shares of FOX in the fourth quarter worth about $29,000. CIBC Private Wealth Group LLC boosted its stake in FOX by 135.6% in the 4th quarter.
CIBC Private Wealth Group LLC now owns 907 shares of the company’s stock worth $42,000 after purchasing an additional 522 shares during the period. Principal Securities Inc. grew its stake in FOX by 51.
5% during the fourth quarter. Principal Securities Inc. now owns 1,065 shares of the company’s stock valued at $49,000 after acquiring an additional 362 shares in the last quarter.
O Shaughnessy Asset Management LLC boosted its holdings in shares of FOX by 82.7% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 1,343 shares of the company’s stock valued at $61,000 after purchasing an additional 608 shares during the last quarter.
Finally, Westpac Banking Corp grew its position in shares of FOX by 84.0% during the fourth quarter. Westpac Banking Corp now owns 1,625 shares of the company’s stock valued at $74,000 after purchasing an additional 742 shares in the last quarter.
26.41% of the stock is currently owned by institutional investors. Analysts Set New Price Targets Separately, Moffett Nathanson cut FOX from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 21st.
FOX Stock Down 0.8 % Shares of NASDAQ FOX opened at $45.65 on Monday.
The company has a current ratio of 2.50, a quick ratio of 2.14 and a debt-to-equity ratio of 0.
57. Fox Co. has a 12-month low of $27.
63 and a 12-month high of $55.00. The firm’s 50-day moving average price is $50.
30 and its 200-day moving average price is $45.82. The stock has a market capitalization of $20.
70 billion, a price-to-earnings ratio of 9.78, a P/E/G ratio of 1.55 and a beta of 0.
58. FOX ( NASDAQ:FOX – Get Free Report ) last issued its quarterly earnings data on Tuesday, February 4th. The company reported $0.
96 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.61 by $0.35.
FOX had a return on equity of 18.50% and a net margin of 14.39%.
During the same quarter in the prior year, the firm earned $0.34 EPS. On average, equities research analysts anticipate that Fox Co.
will post 4.25 EPS for the current fiscal year. FOX Announces Dividend The company also recently announced a quarterly dividend, which was paid on Wednesday, March 26th.
Stockholders of record on Wednesday, March 5th were issued a $0.27 dividend. The ex-dividend date was Wednesday, March 5th.
This represents a $1.08 annualized dividend and a dividend yield of 2.37%.
FOX’s dividend payout ratio (DPR) is presently 11.56%. Insider Transactions at FOX In other news, insider Adam G.
Ciongoli sold 1,278 shares of FOX stock in a transaction on Wednesday, February 5th. The stock was sold at an average price of $54.13, for a total transaction of $69,178.
14. Following the completion of the sale, the insider now directly owns 29,897 shares in the company, valued at approximately $1,618,324.61.
This trade represents a 4.10 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link .
Also, Chairman Keith Rupert Murdoch sold 58,000 shares of the business’s stock in a transaction on Friday, February 21st. The shares were sold at an average price of $53.17, for a total transaction of $3,083,860.
00. Following the sale, the chairman now directly owns 1,200,862 shares of the company’s stock, valued at $63,849,832.54.
This represents a 4.61 % decrease in their ownership of the stock. The disclosure for this sale can be found here .
Company insiders own 23.06% of the company’s stock. About FOX ( 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. See Also Want to see what other hedge funds are holding FOX? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Fox Co. ( NASDAQ:FOX – Free Report ). Receive News & Ratings for FOX Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FOX and related companies with MarketBeat.
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