Fox Co. (NASDAQ:FOX) Shares Acquired by Truist Financial Corp

Truist Financial Corp increased its holdings in Fox Co. (NASDAQ:FOXGet Rating) by 35.2% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 47,912 shares of the company’s stock after buying an additional 12,473 shares during the period. Truist Financial Corp’s holdings in FOX were worth $1,366,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of FOX. Assenagon Asset Management S.A. acquired a new position in FOX during the 2nd quarter valued at about $36,718,000. Vanguard Group Inc. boosted its stake in FOX by 3.0% during the 1st quarter. Vanguard Group Inc. now owns 17,559,426 shares of the company’s stock valued at $637,056,000 after purchasing an additional 506,637 shares during the period. Bank of Montreal Can boosted its stake in FOX by 492.4% during the 2nd quarter. Bank of Montreal Can now owns 576,286 shares of the company’s stock valued at $18,787,000 after purchasing an additional 479,012 shares during the period. Caisse DE Depot ET Placement DU Quebec boosted its stake in FOX by 284.7% during the 2nd quarter. Caisse DE Depot ET Placement DU Quebec now owns 421,670 shares of the company’s stock valued at $12,524,000 after purchasing an additional 312,067 shares during the period. Finally, Renaissance Technologies LLC boosted its stake in FOX by 97.6% during the 2nd quarter. Renaissance Technologies LLC now owns 576,187 shares of the company’s stock valued at $17,113,000 after purchasing an additional 284,600 shares during the period. 23.43% of the stock is owned by institutional investors and hedge funds.

FOX Trading Down 1.2 %

FOX stock opened at $29.52 on Thursday. Fox Co. has a 52-week low of $26.35 and a 52-week high of $40.91. The firm has a market capitalization of $16.02 billion, a price-to-earnings ratio of 14.76 and a beta of 0.90. The firm has a 50-day moving average price of $29.21 and a two-hundred day moving average price of $29.96. The company has a quick ratio of 3.16, a current ratio of 3.60 and a debt-to-equity ratio of 0.62.

FOX (NASDAQ:FOXGet Rating) last released its quarterly earnings results on Tuesday, November 1st. The company reported $1.21 EPS for the quarter. FOX had a net margin of 7.85% and a return on equity of 14.24%. The company had revenue of $3.19 billion for the quarter.

FOX Company Profile

(Get Rating)

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 and virtual multi-channel video programming distributors (MVPDs) and other digital platforms, primarily in the U.S.

Further Reading

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Institutional Ownership by Quarter for FOX (NASDAQ:FOX)

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