United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund Invests $768,000 in Fox Co. (NASDAQ:FOXA)

United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund purchased a new stake in Fox Co. (NASDAQ:FOXA - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 15,800 shares of the company's stock, valued at approximately $768,000.

A number of other large investors also recently bought and sold shares of FOXA. JPMorgan Chase & Co. grew its position in shares of FOX by 10.9% in the third quarter. JPMorgan Chase & Co. now owns 1,125,648 shares of the company's stock valued at $47,649,000 after purchasing an additional 110,753 shares during the period. Invst LLC acquired a new stake in FOX in the 3rd quarter worth about $740,000. Asset Management One Co. Ltd. increased its stake in FOX by 25.0% during the 4th quarter. Asset Management One Co. Ltd. now owns 118,380 shares of the company's stock worth $5,856,000 after buying an additional 23,704 shares in the last quarter. Park Avenue Securities LLC raised its holdings in shares of FOX by 32.4% during the fourth quarter. Park Avenue Securities LLC now owns 15,481 shares of the company's stock valued at $752,000 after acquiring an additional 3,787 shares during the last quarter. Finally, Brookstone Capital Management purchased a new position in shares of FOX in the fourth quarter valued at approximately $492,000. Institutional investors and hedge funds own 52.52% of the company's stock.

Analyst Ratings Changes

Several research analysts recently commented on the company. Loop Capital increased their price objective on FOX from $48.00 to $55.00 and gave the company a "buy" rating in a research note on Wednesday, December 18th. Barclays boosted their price target on shares of FOX from $39.00 to $50.00 and gave the stock an "equal weight" rating in a research report on Wednesday, February 5th. Citigroup increased their price objective on shares of FOX from $50.00 to $58.00 and gave the company a "buy" rating in a report on Wednesday, December 18th. JPMorgan Chase & Co. boosted their target price on FOX from $49.00 to $54.00 and gave the stock a "neutral" rating in a report on Wednesday, February 5th. Finally, UBS Group increased their price target on FOX from $50.00 to $63.00 and gave the company a "buy" rating in a report on Thursday, February 13th. One equities research analyst has rated the stock with a sell rating, ten have assigned a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of $51.13.

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Insider Buying and Selling

In other FOX news, Chairman Keith Rupert Murdoch sold 58,000 shares of the company's stock in a transaction dated Friday, February 21st. The stock was sold at an average price of $53.17, for a total transaction of $3,083,860.00. Following the sale, the chairman now owns 1,200,862 shares in the company, valued at $63,849,832.54. This represents a 4.61 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Adam G. Ciongoli sold 1,278 shares of the stock in a transaction dated Wednesday, February 5th. The shares were sold at an average price of $54.13, for a total value of $69,178.14. Following the completion of the sale, the insider now directly owns 29,897 shares in the company, valued at $1,618,324.61. This represents a 4.10 % decrease in their position. The disclosure for this sale can be found here. 21.77% of the stock is owned by insiders.

FOX Trading Down 0.3 %

FOX stock traded down $0.19 during trading on Friday, hitting $54.73. The company had a trading volume of 3,149,344 shares, compared to its average volume of 3,259,979. The company has a current ratio of 2.50, a quick ratio of 2.14 and a debt-to-equity ratio of 0.57. The company's 50 day simple moving average is $53.69 and its 200-day simple moving average is $48.03. Fox Co. has a 1-year low of $30.02 and a 1-year high of $58.74. The stock has a market cap of $24.82 billion, a price-to-earnings ratio of 11.72, a price-to-earnings-growth ratio of 1.27 and a beta of 0.67.

FOX (NASDAQ:FOXA - Get Free Report) last posted its quarterly earnings data on Tuesday, February 4th. The company reported $0.96 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.62 by $0.34. The firm had revenue of $5.08 billion for the quarter, compared to the consensus estimate of $4.78 billion. FOX had a return on equity of 18.50% and a net margin of 14.39%. The company's quarterly revenue was up 19.9% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.34 EPS. As a group, analysts expect that Fox Co. will post 4.38 EPS for the current fiscal year.

FOX Announces Dividend

The firm also recently disclosed a semi-annual dividend, which was paid on Wednesday, March 26th. Investors of record on Wednesday, March 5th were issued a $0.27 dividend. This represents a dividend yield of 1%. The ex-dividend date of this dividend was Wednesday, March 5th. FOX's dividend payout ratio (DPR) is currently 11.56%.

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.