1 week Ago By Defense World Staff
Orion Portfolio Solutions LLC lessened its holdings in shares of Fox Co. (NASDAQ:FOX – Free Report) by 21.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission.
The institutional investor owned 15,733 shares of the company’s stock after selling 4,221 shares during the period. Orion Portfolio Solutions LLC’s holdings in FOX were worth $720,000 at the end of the most recent reporting period. Other hedge funds also recently bought and sold shares of the company.
Yousif Capital Management LLC boosted its position in shares of FOX by 1.1% during the 4th quarter. Yousif Capital Management LLC now owns 19,098 shares of the company’s stock valued at $874,000 after acquiring an additional 212 shares during the last quarter.
iA Global Asset Management Inc. grew its stake in shares of FOX by 5.4% in the 4th quarter.
iA Global Asset Management Inc. now owns 6,801 shares of the company’s stock valued at $311,000 after buying an additional 350 shares during the period. Principal Securities Inc.
increased its holdings in shares of FOX by 51.5% during the 4th quarter. Principal Securities Inc.
now owns 1,065 shares of the company’s stock worth $49,000 after buying an additional 362 shares during the last quarter. Nomura Asset Management Co. Ltd.
raised its position in shares of FOX by 0.7% during the 3rd quarter. Nomura Asset Management Co.
Ltd. now owns 76,825 shares of the company’s stock valued at $2,981,000 after buying an additional 538 shares during the period. Finally, Arizona State Retirement System lifted its holdings in FOX by 1.
4% in the fourth quarter. Arizona State Retirement System now owns 41,054 shares of the company’s stock valued at $1,878,000 after acquiring an additional 557 shares during the last quarter. Institutional investors and hedge funds own 26.
41% of the company’s stock. FOX Trading Down 4.5 %Shares of FOX stock opened at $45.
73 on Monday. Fox Co. has a 1-year low of $27.
63 and a 1-year high of $55.00. The firm has a market cap of $20.
74 billion, a PE ratio of 9.79, a price-to-earnings-growth ratio of 1.55 and a beta of 0.
58. The company has a 50-day moving average of $50.73 and a two-hundred day moving average of $45.
50. The company has a debt-to-equity ratio of 0.57, a current ratio of 2.
50 and a quick ratio of 2.14. FOX (NASDAQ:FOX – Get Free Report) last posted its quarterly earnings data on Tuesday, February 4th.
The company reported $0.96 earnings per share for the quarter, topping analysts’ consensus estimates of $0.61 by $0.
35. FOX had a net margin of 14.39% and a return on equity of 18.
50%. During the same quarter in the previous year, the company posted $0.34 earnings per share.
On average, analysts predict that Fox Co. will post 4.25 EPS for the current year.
FOX Announces DividendThe company also recently announced a quarterly dividend, which was paid on Wednesday, March 26th. Investors of record on Wednesday, March 5th were issued a dividend of $0.27 per share.
This represents a $1.08 dividend on an annualized basis and a yield of 2.36%.
The ex-dividend date of this dividend was Wednesday, March 5th. FOX’s dividend payout ratio (DPR) is 11.56%.
Wall Street Analysts Forecast GrowthSeparately, Moffett Nathanson downgraded FOX from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 21st.Get Our Latest Stock Analysis on FOXInsider Buying and Selling at FOXIn other FOX news, insider Adam G. Ciongoli sold 1,278 shares of the stock in a transaction that occurred on Wednesday, February 5th.
The shares were sold at an average price of $54.13, for a total transaction of $69,178.14.
Following the sale, the insider now directly owns 29,897 shares in the company, valued at $1,618,324.61. This represents a 4.
10 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available 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 stock was sold at an average price of $53.17, for a total transaction of $3,083,860.00.
Following the completion of the transaction, the chairman now owns 1,200,862 shares of the company’s stock, valued at approximately $63,849,832.54. This trade represents a 4.
61 % decrease in their position. The disclosure for this sale can be found here. 23.
06% of the stock is currently owned by corporate insiders. 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.
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