Aigen Investment Management LP Takes Position in Fox Co. (NASDAQ:FOX)

Aigen Investment Management LP acquired a new stake in shares of Fox Co. (NASDAQ:FOXFree Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 27,708 shares of the company’s stock, valued at approximately $766,000.

Other hedge funds have also recently made changes to their positions in the company. Headlands Technologies LLC bought a new position in FOX in the 3rd quarter worth $25,000. Allworth Financial LP lifted its holdings in shares of FOX by 176.5% in the fourth 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 grew its stake in FOX by 286.7% during the fourth quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 1,160 shares of the company’s stock valued at $32,000 after acquiring an additional 860 shares in the last quarter. GAMMA Investing LLC bought a new stake in FOX in the 4th quarter valued at $54,000. Finally, CWM LLC lifted its stake in FOX by 27.9% in the 4th quarter. CWM LLC now owns 2,486 shares of the company’s stock worth $69,000 after purchasing an additional 543 shares in the last quarter. 26.41% of the stock is owned by hedge funds and other institutional investors.

FOX Trading Up 0.1 %

FOX stock traded up $0.03 during mid-day trading on Wednesday, reaching $30.43. 183,954 shares of the stock traded hands, compared to its average volume of 1,225,297. Fox Co. has a one year low of $25.82 and a one year high of $33.24. The stock has a market capitalization of $14.20 billion, a PE ratio of 9.53 and a beta of 0.82. The company has a debt-to-equity ratio of 0.67, a quick ratio of 2.94 and a current ratio of 3.24. The business has a 50-day moving average price of $28.83 and a two-hundred day moving average price of $28.30.

Insider Buying and Selling

In related news, Chairman Keith Rupert Murdoch sold 13,176 shares of the stock in a transaction dated Wednesday, May 15th. The shares were sold at an average price of $30.89, for a total value of $407,006.64. Following the sale, the chairman now directly owns 1,408,862 shares of the company’s stock, valued at approximately $43,519,747.18. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 19.21% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of analysts have issued reports on the company. Seaport Res Ptn raised FOX from a “hold” rating to a “strong-buy” rating in a research note on Thursday, May 9th. TheStreet downgraded shares of FOX from a “b-” rating to a “c” rating in a report on Wednesday, February 7th.

Get Our Latest Report on FOX

FOX Profile

(Free Report)

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.

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Institutional Ownership by Quarter for FOX (NASDAQ:FOX)

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