One Wealth Advisors LLC Has $341,000 Holdings in Fox Co. (NASDAQ:FOXA)

One Wealth Advisors LLC lessened its stake in Fox Co. (NASDAQ:FOXA) by 4.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 7,022 shares of the company’s stock after selling 294 shares during the quarter. One Wealth Advisors LLC’s holdings in FOX were worth $341,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Brooklyn Investment Group raised its stake in FOX by 142.5% during the fourth quarter. Brooklyn Investment Group now owns 793 shares of the company’s stock worth $39,000 after acquiring an additional 466 shares in the last quarter. Quest Partners LLC acquired a new position in FOX during the third quarter worth about $51,000. Quarry LP acquired a new position in FOX during the third quarter worth about $70,000. Versant Capital Management Inc raised its stake in FOX by 3,551.1% during the fourth quarter. Versant Capital Management Inc now owns 1,716 shares of the company’s stock worth $83,000 after acquiring an additional 1,669 shares in the last quarter. Finally, Transamerica Financial Advisors Inc. acquired a new position in FOX during the third quarter worth about $119,000. Institutional investors and hedge funds own 52.52% of the company’s stock.

FOX Price Performance

Shares of FOXA opened at $51.95 on Tuesday. Fox Co. has a 52-week low of $28.28 and a 52-week high of $52.14. The company has a debt-to-equity ratio of 0.58, a quick ratio of 2.33 and a current ratio of 2.59. The business’s 50 day moving average price is $48.35 and its two-hundred day moving average price is $43.72. The firm has a market cap of $23.73 billion, a PE ratio of 12.70, a price-to-earnings-growth ratio of 1.25 and a beta of 0.76.

FOX (NASDAQ:FOXA) last issued its quarterly earnings results on Monday, November 4th. The company reported $1.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.12 by $0.33. FOX had a return on equity of 16.49% and a net margin of 13.40%. The firm had revenue of $3.56 billion for the quarter, compared to analyst estimates of $3.38 billion. During the same period in the previous year, the firm earned $1.09 earnings per share. The company’s revenue was up 11.1% compared to the same quarter last year. On average, equities analysts anticipate that Fox Co. will post 4.12 EPS for the current year.

Insider Transactions at FOX

In other news, Chairman Keith Rupert Murdoch sold 100,000 shares of the company’s stock in a transaction that occurred on Wednesday, November 6th. The stock was sold at an average price of $42.05, for a total transaction of $4,205,000.00. Following the transaction, the chairman now directly owns 1,258,862 shares of the company’s stock, valued at $52,935,147.10. This represents a 7.36 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 21.77% of the stock is owned by insiders.

Analyst Ratings Changes

Several research firms have recently weighed in on FOXA. Bank of America boosted their price target on FOX from $50.00 to $55.00 and gave the stock a “buy” rating in a report on Wednesday, December 18th. Loop Capital boosted their price target on FOX from $48.00 to $55.00 and gave the stock a “buy” rating in a report on Wednesday, December 18th. Barclays boosted their price target on FOX from $36.00 to $39.00 and gave the stock an “equal weight” rating in a report on Wednesday, October 9th. Guggenheim boosted their price target on FOX from $45.00 to $50.00 and gave the stock a “buy” rating in a report on Tuesday, November 5th. Finally, Deutsche Bank Aktiengesellschaft boosted their price target on FOX from $42.00 to $47.00 and gave the stock a “buy” rating in a report on Tuesday, November 5th. Two research analysts have rated the stock with a sell rating, ten have issued a hold rating and seven have given a buy rating to the company’s stock. Based on data from MarketBeat.com, FOX has a consensus rating of “Hold” and a consensus target price of $48.25.

FOX Profile

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.