Czech National Bank Has $1.60 Million Position in Fox Co. (NASDAQ:FOX)

Czech National Bank boosted its stake in shares of Fox Co. (NASDAQ:FOX) by 5.9% in the 1st quarter, HoldingsChannel.com reports. The fund owned 30,301 shares of the company’s stock after purchasing an additional 1,691 shares during the quarter. Czech National Bank’s holdings in FOX were worth $1,597,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in FOX. Norges Bank acquired a new stake in shares of FOX in the fourth quarter valued at $138,822,000. Contrarius Group Holdings Ltd acquired a new stake in shares of FOX in the fourth quarter valued at $57,766,000. Independent Franchise Partners LLP increased its stake in shares of FOX by 15.4% in the fourth quarter. Independent Franchise Partners LLP now owns 5,706,386 shares of the company’s stock valued at $261,010,000 after buying an additional 759,874 shares in the last quarter. Amundi increased its stake in shares of FOX by 83.0% in the fourth quarter. Amundi now owns 1,549,002 shares of the company’s stock valued at $72,199,000 after buying an additional 702,561 shares in the last quarter. Finally, GAMMA Investing LLC increased its stake in shares of FOX by 7,082.8% in the first quarter. GAMMA Investing LLC now owns 472,914 shares of the company’s stock valued at $24,927,000 after buying an additional 466,330 shares in the last quarter. 26.41% of the stock is currently owned by institutional investors and hedge funds.

FOX Stock Performance

Shares of NASDAQ:FOX opened at $49.55 on Thursday. Fox Co. has a twelve month low of $30.51 and a twelve month high of $55.00. The firm has a market cap of $22.28 billion, a PE ratio of 10.61, a price-to-earnings-growth ratio of 1.55 and a beta of 0.56. The company has a debt-to-equity ratio of 0.57, a quick ratio of 2.14 and a current ratio of 2.50. The business has a fifty day moving average of $47.96 and a 200-day moving average of $47.95.

FOX (NASDAQ:FOX) last announced its quarterly earnings data on Monday, May 12th. The company reported $1.10 earnings per share for the quarter, topping the consensus estimate of $0.96 by $0.14. The firm had revenue of $4.37 billion during the quarter, compared to analysts’ expectations of $4.19 billion. FOX had a return on equity of 18.50% and a net margin of 14.39%. On average, equities research analysts predict that Fox Co. will post 4.25 EPS for the current fiscal year.

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.