TD Asset Management Inc Raises Holdings in Fox Co. (NASDAQ:FOX)

TD Asset Management Inc grew its position in shares of Fox Co. (NASDAQ:FOX – Get Rating) by 2.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 46,262 shares of the company’s stock after buying an additional 1,177 shares during the period. TD Asset Management Inc’s holdings in FOX were worth $1,316,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Bessemer Group Inc. raised its stake in shares of FOX by 36.4% during the 3rd quarter. Bessemer Group Inc. now owns 1,515 shares of the company’s stock valued at $44,000 after purchasing an additional 404 shares during the period. Ensign Peak Advisors Inc increased its stake in FOX by 89.5% in the 3rd quarter. Ensign Peak Advisors Inc now owns 2,117 shares of the company’s stock worth $60,000 after acquiring an additional 1,000 shares during the last quarter. CWM LLC increased its stake in FOX by 108.2% in the 3rd quarter. CWM LLC now owns 2,373 shares of the company’s stock worth $68,000 after acquiring an additional 1,233 shares during the last quarter. U.S. Capital Wealth Advisors LLC bought a new position in FOX in the 4th quarter worth about $74,000. Finally, Captrust Financial Advisors increased its stake in FOX by 63.8% in the 1st quarter. Captrust Financial Advisors now owns 2,516 shares of the company’s stock worth $91,000 after acquiring an additional 980 shares during the last quarter. Hedge funds and other institutional investors own 23.43% of the company’s stock.

Insider Buying and Selling at FOX

In other FOX news, insider Viet D. Dinh sold 72,207 shares of FOX stock in a transaction on Thursday, February 9th. The stock was sold at an average price of $35.91, for a total transaction of $2,592,953.37. Following the completion of the transaction, the insider now owns 49,384 shares in the company, valued at $1,773,379.44. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 19.21% of the stock is owned by company insiders.

FOX Trading Down 1.5 %

NASDAQ FOX opened at $29.12 on Wednesday. The company has a quick ratio of 2.86, a current ratio of 3.37 and a debt-to-equity ratio of 0.62. Fox Co. has a twelve month low of $26.35 and a twelve month high of $34.42. The firm has a market capitalization of $15.57 billion, a PE ratio of 10.67 and a beta of 0.90. The stock’s 50 day moving average is $30.69 and its 200 day moving average is $30.24.

FOX (NASDAQ:FOX – Get Rating) last announced its quarterly earnings data on Wednesday, February 8th. The company reported $0.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.43 by $0.05. The business had revenue of $4.61 billion during the quarter. FOX had a return on equity of 15.71% and a net margin of 10.55%. During the same quarter in the previous year, the firm posted $0.13 EPS.

Wall Street Analyst Weigh In

Separately, Rosenblatt Securities reiterated a “neutral” rating and set a $35.00 price objective on shares of FOX in a research report on Wednesday, March 22nd.

FOX Company Profile

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Fox Corp. delivers news, sports and entertainment content. The company provides news under the brands FOX News Media, FOX Sports, FOX Entertainment and FOX Television Stations. It operates through three segments: Cable Network Programming, Television, and Other, Corporate and Eliminations. The Cable Network Programming segment consists of the production and licensing of news and sports content distributed primarily through traditional cable television systems, direct broadcast satellite operators and telecommunication companies and online multi-channel video programming distributors.