Fox Co. (NASDAQ:FOX) Shares Bought by Cwm LLC

Cwm LLC raised its position in Fox Co. (NASDAQ:FOX) by 27.9% during the fourth quarter, HoldingsChannel.com reports. The firm owned 2,486 shares of the company’s stock after buying an additional 543 shares during the quarter. Cwm LLC’s holdings in FOX were worth $69,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Headlands Technologies LLC acquired a new position in shares of FOX during the third quarter worth $25,000. Allworth Financial LP lifted its holdings in FOX by 176.5% in the 4th quarter. Allworth Financial LP now owns 1,001 shares of the company’s stock worth $28,000 after buying an additional 639 shares in the last quarter. Livforsakringsbolaget Skandia Omsesidigt boosted its position 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 buying an additional 860 shares during the last quarter. International Assets Investment Management LLC acquired a new stake in shares of FOX during the fourth quarter valued at about $74,000. Finally, V Square Quantitative Management LLC increased its position in shares of FOX by 227.0% during the third quarter. V Square Quantitative Management LLC now owns 2,806 shares of the company’s stock worth $81,000 after acquiring an additional 1,948 shares during the last quarter. 26.41% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

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

FOX Stock Up 2.5 %

Shares of NASDAQ:FOX opened at $30.59 on Thursday. Fox Co. has a 12-month low of $25.82 and a 12-month high of $33.24. The company has a current ratio of 2.29, a quick ratio of 2.01 and a debt-to-equity ratio of 0.70. The firm has a market cap of $14.53 billion, a PE ratio of 18.10 and a beta of 0.82. The company has a fifty day simple moving average of $28.11 and a 200 day simple moving average of $28.13.

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

FOX 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.