2 weeks Ago By Defense World Staff
DoubleLine ETF Adviser LP raised its position in Fox Co. ( NASDAQ:FOX – Free Report ) by 9.5% during the second quarter, according to its most recent filing with the SEC.
The firm owned 17,093 shares of the company’s stock after purchasing an additional 1,490 shares during the period. DoubleLine ETF Adviser LP’s holdings in FOX were worth $547,000 as of its most recent filing with the SEC. A number of other hedge funds and other institutional investors have also recently modified their holdings of FOX.
Trexquant Investment LP lifted its position in shares of FOX by 232.5% during the 4th quarter. Trexquant Investment LP now owns 36,186 shares of the company’s stock valued at $1,001,000 after acquiring an additional 25,304 shares during the period.
Virtu Financial LLC acquired a new position in shares of FOX during the 1st quarter valued at $1,711,000. Swedbank AB lifted its position in shares of FOX by 117.8% during the 2nd quarter.
Swedbank AB now owns 145,711 shares of the company’s stock valued at $4,666,000 after acquiring an additional 78,801 shares during the period. AMF Tjanstepension AB acquired a new position in shares of FOX during the 2nd quarter valued at $7,690,000. Finally, Healthcare of Ontario Pension Plan Trust Fund lifted its position in shares of FOX by 47.
3% during the 1st quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 362,172 shares of the company’s stock valued at $10,365,000 after acquiring an additional 116,218 shares during the period. Institutional investors and hedge funds own 26.
41% of the company’s stock. Wall Street Analysts Forecast Growth Separately, Seaport Res Ptn downgraded shares of FOX from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 9th. FOX Stock Up 0.
6 % FOX stock opened at $38.67 on Friday. The company has a quick ratio of 2.
33, a current ratio of 2.54 and a debt-to-equity ratio of 0.61.
The firm’s fifty day moving average is $36.67 and its 200 day moving average is $32.45.
Fox Co. has a 12-month low of $25.82 and a 12-month high of $39.
00. The company has a market capitalization of $18.05 billion, a PE ratio of 12.
12, a PEG ratio of 1.97 and a beta of 0.81.
FOX ( NASDAQ:FOX – Get Free Report ) last released its quarterly earnings data on Tuesday, August 6th. The company reported $0.90 earnings per share for the quarter, topping the consensus estimate of $0.
87 by $0.03. FOX had a net margin of 10.
74% and a return on equity of 15.57%. The firm had revenue of $3.
09 billion for the quarter, compared to the consensus estimate of $3.10 billion. During the same quarter in the prior year, the company posted $0.
88 earnings per share. As a group, sell-side analysts predict that Fox Co. will post 3.
59 EPS for the current fiscal year. FOX Increases Dividend The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 25th. Shareholders of record on Wednesday, September 4th were issued a dividend of $0.
27 per share. This is an increase from FOX’s previous quarterly dividend of $0.26.
The ex-dividend date was Wednesday, September 4th. This represents a $1.08 annualized dividend and a yield of 2.
79%. FOX’s dividend payout ratio is presently 16.93%.
Insiders Place Their Bets In other FOX news, COO John Nallen sold 52,874 shares of the company’s stock in a transaction on Thursday, August 15th. The shares were sold at an average price of $38.96, for a total transaction of $2,059,971.
04. Following the transaction, the chief operating officer now owns 249,424 shares in the company, valued at $9,717,559.04.
The transaction was disclosed in a filing with the SEC, which is accessible through this link . In other news, COO John Nallen sold 52,874 shares of the company’s stock in a transaction on Thursday, August 15th. The shares were sold at an average price of $38.
96, for a total value of $2,059,971.04. Following the completion of the sale, the chief operating officer now owns 249,424 shares in the company, valued at approximately $9,717,559.
04. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink . Also, CEO Lachlan K.
Murdoch bought 119,705 shares of FOX stock in a transaction dated Thursday, August 15th. The stock was purchased at an average price of $39.06 per share, with a total value of $4,675,677.
30. Following the purchase, the chief executive officer now owns 1,076,407 shares in the company, valued at $42,044,457.42.
The disclosure for this purchase can be found here . Corporate insiders own 19.21% of the company’s stock.
FOX Profile ( Free Report ) Fox Corporation operates as a news, sports, and entertainment company in the United States (U.S.).
The company operates through Cable Network Programming; Television; and Other, Corporate and Eliminations segments. The Cable Network Programming segment produces and licenses news, business 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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