Farther Finance Advisors LLC Has $268,000 Stock Position in Fox Corporation $FOX

Farther Finance Advisors LLC grew its stake in shares of Fox Corporation (NASDAQ:FOXFree Report) by 576.4% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 5,188 shares of the company’s stock after purchasing an additional 4,421 shares during the period. Farther Finance Advisors LLC’s holdings in FOX were worth $268,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Federated Hermes Inc. raised its holdings in shares of FOX by 66.2% during the first quarter. Federated Hermes Inc. now owns 580 shares of the company’s stock valued at $31,000 after purchasing an additional 231 shares during the period. IFP Advisors Inc raised its holdings in shares of FOX by 457.6% during the first quarter. IFP Advisors Inc now owns 697 shares of the company’s stock valued at $37,000 after purchasing an additional 572 shares during the period. Northwestern Mutual Wealth Management Co. raised its holdings in shares of FOX by 183.0% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 801 shares of the company’s stock valued at $42,000 after purchasing an additional 518 shares during the period. SVB Wealth LLC acquired a new stake in shares of FOX in the 1st quarter worth about $69,000. Finally, Versant Capital Management Inc raised its holdings in shares of FOX by 327.3% in the 1st quarter. Versant Capital Management Inc now owns 1,346 shares of the company’s stock worth $71,000 after acquiring an additional 1,031 shares during the last quarter. Institutional investors and hedge funds own 26.41% of the company’s stock.

FOX Trading Up 0.5%

FOX opened at $57.29 on Wednesday. The company has a debt-to-equity ratio of 0.55, a current ratio of 2.91 and a quick ratio of 2.76. Fox Corporation has a fifty-two week low of $37.88 and a fifty-two week high of $59.29. The firm has a market capitalization of $25.52 billion, a PE ratio of 11.67, a P/E/G ratio of 1.40 and a beta of 0.57. The company’s 50-day moving average is $53.30 and its 200 day moving average is $50.63.

FOX (NASDAQ:FOXGet Free Report) last posted its earnings results on Tuesday, August 5th. The company reported $1.27 earnings per share for the quarter, topping analysts’ consensus estimates of $1.03 by $0.24. FOX had a net margin of 13.88% and a return on equity of 18.86%. The company had revenue of $3.29 billion for the quarter, compared to analyst estimates of $3.12 billion. As a group, research analysts predict that Fox Corporation will post 4.25 earnings per share for the current fiscal year.

FOX Announces Dividend

The firm also recently announced a half year 25 dividend, which was paid on Wednesday, September 24th. Investors of record on Wednesday, September 3rd were issued a $0.28 dividend. The ex-dividend date was Wednesday, September 3rd. FOX’s dividend payout ratio is currently 11.41%.

FOX Profile

(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.S.

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Institutional Ownership by Quarter for FOX (NASDAQ:FOX)

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