Barclays PLC Has $5.10 Million Stock Holdings in Fox Factory Holding Corp. (NASDAQ:FOXF)

Barclays PLC grew its holdings in Fox Factory Holding Corp. (NASDAQ:FOXF - Free Report) by 474.7% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 122,806 shares of the company's stock after purchasing an additional 101,437 shares during the period. Barclays PLC owned approximately 0.29% of Fox Factory worth $5,097,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of FOXF. D. E. Shaw & Co. Inc. grew its stake in Fox Factory by 25.2% during the 2nd quarter. D. E. Shaw & Co. Inc. now owns 674,051 shares of the company's stock valued at $32,483,000 after acquiring an additional 135,542 shares in the last quarter. Victory Capital Management Inc. boosted its stake in shares of Fox Factory by 223.3% during the 2nd quarter. Victory Capital Management Inc. now owns 42,119 shares of the company's stock valued at $2,030,000 after buying an additional 29,092 shares during the period. Thrivent Financial for Lutherans grew its holdings in shares of Fox Factory by 89.0% during the 3rd quarter. Thrivent Financial for Lutherans now owns 68,532 shares of the company's stock valued at $2,844,000 after acquiring an additional 32,263 shares in the last quarter. Van Berkom & Associates Inc. increased its stake in shares of Fox Factory by 1.5% in the second quarter. Van Berkom & Associates Inc. now owns 913,452 shares of the company's stock worth $44,019,000 after acquiring an additional 13,936 shares during the last quarter. Finally, Royce & Associates LP raised its holdings in shares of Fox Factory by 5.7% during the third quarter. Royce & Associates LP now owns 302,349 shares of the company's stock worth $12,547,000 after acquiring an additional 16,410 shares in the last quarter.

Fox Factory Stock Performance

Shares of FOXF stock traded up $0.19 during mid-day trading on Friday, reaching $29.87. The stock had a trading volume of 2,789,962 shares, compared to its average volume of 625,701. The company has a quick ratio of 1.62, a current ratio of 3.21 and a debt-to-equity ratio of 0.62. The firm's 50 day simple moving average is $34.03 and its 200 day simple moving average is $40.44. Fox Factory Holding Corp. has a one year low of $28.93 and a one year high of $70.13. The firm has a market cap of $1.25 billion, a PE ratio of 114.89, a P/E/G ratio of 2.67 and a beta of 1.60.

Fox Factory (NASDAQ:FOXF - Get Free Report) last released its quarterly earnings data on Thursday, October 31st. The company reported $0.35 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.42 by ($0.07). Fox Factory had a return on equity of 5.23% and a net margin of 0.78%. The company had revenue of $359.10 million for the quarter, compared to analyst estimates of $366.86 million. During the same quarter in the prior year, the company earned $1.05 earnings per share. The business's revenue was up 8.4% compared to the same quarter last year. On average, analysts forecast that Fox Factory Holding Corp. will post 1.31 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on FOXF. Bank of America lowered their target price on Fox Factory from $53.00 to $43.00 and set a "neutral" rating on the stock in a research note on Thursday, September 12th. StockNews.com raised shares of Fox Factory from a "sell" rating to a "hold" rating in a research report on Thursday, November 28th. Robert W. Baird cut their price target on shares of Fox Factory from $45.00 to $38.00 and set a "neutral" rating on the stock in a report on Friday, November 1st. Truist Financial cut their target price on Fox Factory from $54.00 to $42.00 and set a "buy" rating on the stock in a report on Friday, November 1st. Finally, Roth Mkm reduced their price objective on shares of Fox Factory from $45.00 to $36.00 and set a "neutral" rating for the company in a research note on Friday, November 1st. Five equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat, Fox Factory presently has an average rating of "Hold" and a consensus price target of $40.67.

Fox Factory Company Profile

Fox Factory Holding Corp. designs, engineers, manufactures, and markets performance-defining products and system worldwide. The company offers powered vehicle products for side-by-side vehicles, on-road vehicles with and without off-road capabilities, off-road vehicles and trucks, all-terrain vehicles, snowmobiles, and specialty vehicles and applications, such as military, motorcycles, and commercial trucks; lift kits and components with shock products and aftermarket accessory packages for trucks; and mid-end and high-end front fork and rear suspension products.