Seizert Capital Partners LLC Has $14.79 Million Stock Holdings in Fox Co. (NASDAQ:FOXA)

Seizert Capital Partners LLC lifted its stake in Fox Co. (NASDAQ:FOXA - Free Report) by 7.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 349,304 shares of the company's stock after acquiring an additional 24,795 shares during the period. Seizert Capital Partners LLC owned approximately 0.08% of FOX worth $14,786,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Janney Montgomery Scott LLC increased its holdings in shares of FOX by 66.1% during the 1st quarter. Janney Montgomery Scott LLC now owns 13,396 shares of the company's stock worth $419,000 after purchasing an additional 5,331 shares during the period. ProShare Advisors LLC grew its holdings in shares of FOX by 11.5% during the 1st quarter. ProShare Advisors LLC now owns 63,745 shares of the company's stock worth $1,993,000 after purchasing an additional 6,559 shares in the last quarter. Mitsubishi UFJ Trust & Banking Corp increased its position in shares of FOX by 31.1% during the first quarter. Mitsubishi UFJ Trust & Banking Corp now owns 495,488 shares of the company's stock valued at $15,523,000 after purchasing an additional 117,458 shares during the period. Vanguard Group Inc. raised its stake in shares of FOX by 5.9% in the first quarter. Vanguard Group Inc. now owns 29,880,203 shares of the company's stock valued at $934,354,000 after purchasing an additional 1,653,913 shares in the last quarter. Finally, Edgestream Partners L.P. boosted its stake in FOX by 283.7% during the first quarter. Edgestream Partners L.P. now owns 46,029 shares of the company's stock worth $1,439,000 after buying an additional 34,034 shares in the last quarter. Institutional investors own 52.52% of the company's stock.

Insider Activity at FOX

In other news, COO John Nallen sold 182,481 shares of the firm's stock in a transaction dated Tuesday, November 5th. The stock was sold at an average price of $43.73, for a total value of $7,979,894.13. Following the completion of the transaction, the chief operating officer now owns 249,424 shares in the company, valued at $10,907,311.52. This trade represents a 42.25 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Chairman Keith Rupert Murdoch sold 100,000 shares of the company's stock in a transaction dated Wednesday, November 6th. The stock was sold at an average price of $42.05, for a total value of $4,205,000.00. Following the sale, the chairman now owns 1,258,862 shares in the company, valued at $52,935,147.10. The trade was a 7.36 % decrease in their position. The disclosure for this sale can be found here. 21.77% of the stock is owned by insiders.

Analyst Ratings Changes

FOXA has been the topic of several recent research reports. TD Cowen lifted their target price on shares of FOX from $36.00 to $42.00 and gave the company a "hold" rating in a research report on Tuesday, November 5th. Wells Fargo & Company raised their target price on FOX from $46.00 to $49.00 and gave the stock an "overweight" rating in a research report on Tuesday, November 5th. Morgan Stanley upped their price objective on shares of FOX from $38.00 to $40.00 and gave the stock an "equal weight" rating in a research note on Friday, November 1st. Guggenheim upped their price target on shares of FOX from $45.00 to $50.00 and gave the stock a "buy" rating in a research report on Tuesday, November 5th. Finally, The Goldman Sachs Group raised their price objective on shares of FOX from $46.00 to $51.00 and gave the company a "buy" rating in a research report on Tuesday, November 5th. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating and nine have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $44.00.

FOX Trading Down 3.9 %

Shares of NASDAQ:FOXA traded down $1.84 during mid-day trading on Friday, reaching $45.64. The stock had a trading volume of 8,087,949 shares, compared to its average volume of 3,298,540. The firm has a 50 day simple moving average of $42.23 and a two-hundred day simple moving average of $38.19. Fox Co. has a twelve month low of $28.28 and a twelve month high of $47.58. The firm has a market cap of $21.00 billion, a PE ratio of 11.16, a price-to-earnings-growth ratio of 1.17 and a beta of 0.76. The company has a current ratio of 2.59, a quick ratio of 2.33 and a debt-to-equity ratio of 0.58.

FOX (NASDAQ:FOXA - Get Free Report) last posted its earnings results on Monday, November 4th. The company reported $1.45 earnings per share for the quarter, topping the consensus estimate of $1.12 by $0.33. FOX had a net margin of 13.40% and a return on equity of 16.49%. The company had revenue of $3.56 billion for the quarter, compared to analyst estimates of $3.38 billion. During the same period last year, the business posted $1.09 earnings per share. The business's revenue for the quarter was up 11.1% compared to the same quarter last year. On average, research analysts predict that Fox Co. will post 3.94 EPS for the current fiscal year.

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.