Aware Super Pty Ltd as trustee of Aware Super Takes Position in Fox Co. (NASDAQ:FOX)

Aware Super Pty Ltd as trustee of Aware Super acquired a new position in Fox Co. (NASDAQ:FOX) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 5,034 shares of the company’s stock, valued at approximately $230,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Barclays PLC boosted its position in shares of FOX by 3.6% during the 3rd quarter. Barclays PLC now owns 540,789 shares of the company’s stock valued at $20,982,000 after purchasing an additional 18,802 shares in the last quarter. Synergy Asset Management LLC boosted its holdings in FOX by 73.2% during the fourth quarter. Synergy Asset Management LLC now owns 61,166 shares of the company’s stock worth $2,566,000 after buying an additional 25,846 shares in the last quarter. CMC Financial Group acquired a new position in FOX in the fourth quarter worth approximately $243,000. Raymond James Financial Inc. bought a new position in shares of FOX in the fourth quarter valued at $1,295,000. Finally, Exchange Traded Concepts LLC lifted its position in shares of FOX by 1,622.8% during the 4th quarter. Exchange Traded Concepts LLC now owns 56,750 shares of the company’s stock valued at $2,596,000 after acquiring an additional 53,456 shares during the last quarter. Institutional investors own 26.41% of the company’s stock.

Insider Buying and Selling

In other news, Chairman Keith Rupert Murdoch sold 58,000 shares of the firm’s stock in a transaction on Friday, February 21st. The shares were sold at an average price of $53.17, for a total transaction of $3,083,860.00. Following the transaction, the chairman now owns 1,200,862 shares in the company, valued at approximately $63,849,832.54. This trade represents a 4.61 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Adam G. Ciongoli sold 1,278 shares of FOX stock in a transaction on Wednesday, February 5th. The shares were sold at an average price of $54.13, for a total transaction of $69,178.14. Following the completion of the sale, the insider now directly owns 29,897 shares of the company’s stock, valued at approximately $1,618,324.61. The trade was a 4.10 % decrease in their position. The disclosure for this sale can be found here. 23.06% of the stock is owned by corporate insiders.

FOX Stock Performance

FOX stock opened at $46.34 on Wednesday. The company has a debt-to-equity ratio of 0.57, a current ratio of 2.50 and a quick ratio of 2.14. The company has a market cap of $21.01 billion, a P/E ratio of 9.92, a price-to-earnings-growth ratio of 1.55 and a beta of 0.58. Fox Co. has a fifty-two week low of $27.65 and a fifty-two week high of $55.00. The firm’s 50 day simple moving average is $50.11 and its 200-day simple moving average is $45.87.

FOX (NASDAQ:FOX) last announced its quarterly earnings data on Tuesday, February 4th. The company reported $0.96 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.61 by $0.35. FOX had a return on equity of 18.50% and a net margin of 14.39%. During the same period in the prior year, the company posted $0.34 earnings per share. As a group, equities research analysts predict that Fox Co. will post 4.25 EPS for the current year.

FOX Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, March 26th. Shareholders of record on Wednesday, March 5th were given a $0.27 dividend. The ex-dividend date of this dividend was Wednesday, March 5th. This represents a $1.08 dividend on an annualized basis and a yield of 2.33%. FOX’s payout ratio is 11.56%.

Wall Street Analyst Weigh In

Separately, Moffett Nathanson lowered FOX from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 21st.

About FOX

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.