New York State Common Retirement Fund Has $3.15 Million Stake in Fox Co. (NASDAQ:FOX)

New York State Common Retirement Fund cut its holdings in shares of Fox Co. (NASDAQ:FOX) by 8.9% during the fourth quarter, Holdings Channel reports. The fund owned 113,926 shares of the company’s stock after selling 11,185 shares during the quarter. New York State Common Retirement Fund’s holdings in FOX were worth $3,150,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Headlands Technologies LLC bought a new stake in shares of FOX during the third quarter worth approximately $25,000. Allworth Financial LP lifted its holdings in FOX by 176.5% during the 4th quarter. Allworth Financial LP now owns 1,001 shares of the company’s stock worth $28,000 after purchasing an additional 639 shares during the last quarter. Livforsakringsbolaget Skandia Omsesidigt boosted its stake in FOX by 286.7% in the 4th quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 1,160 shares of the company’s stock valued at $32,000 after purchasing an additional 860 shares during the period. CWM LLC grew its holdings in FOX by 27.9% in the 4th quarter. CWM LLC now owns 2,486 shares of the company’s stock valued at $69,000 after buying an additional 543 shares in the last quarter. Finally, International Assets Investment Management LLC bought a new position in FOX during the 4th quarter worth $74,000. Institutional investors own 26.41% of the company’s stock.

Analyst Ratings Changes

Separately, TheStreet downgraded shares of FOX from a “b-” rating to a “c” rating in a research note on Wednesday, February 7th.

FOX Stock Performance

Shares of NASDAQ:FOX opened at $30.02 on Tuesday. Fox Co. has a 12-month low of $25.82 and a 12-month high of $33.24. The company’s 50 day moving average price is $27.98 and its two-hundred day moving average price is $28.10. The firm has a market cap of $14.26 billion, a PE ratio of 17.76 and a beta of 0.82. The company has a quick ratio of 2.01, a current ratio of 2.29 and a debt-to-equity ratio of 0.70.

FOX (NASDAQ:FOX) last issued its quarterly earnings results on Wednesday, February 7th. The company reported $0.34 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.11 by $0.23. The business had revenue of $4.23 billion for the quarter. FOX had a return on equity of 15.81% and a net margin of 5.75%. During the same period in the prior year, the company earned $0.48 EPS.

FOX Company Profile

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.