Federated Hermes Inc. Has $90,000 Stock Holdings in Fox Co. (NASDAQ:FOX)

Federated Hermes Inc. increased its stake in shares of Fox Co. (NASDAQ:FOX) by 148.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,245 shares of the company’s stock after buying an additional 1,940 shares during the period. Federated Hermes Inc.’s holdings in FOX were worth $90,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in FOX. New Mexico Educational Retirement Board lifted its stake in shares of FOX by 6.0% during the third quarter. New Mexico Educational Retirement Board now owns 7,083 shares of the company’s stock valued at $205,000 after acquiring an additional 400 shares during the period. Treasurer of the State of North Carolina boosted its stake in shares of FOX by 0.5% in the 3rd quarter. Treasurer of the State of North Carolina now owns 88,783 shares of the company’s stock valued at $2,564,000 after purchasing an additional 401 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. grew its position in shares of FOX by 1.6% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 26,908 shares of the company’s stock worth $777,000 after buying an additional 426 shares during the period. PNC Financial Services Group Inc. raised its stake in shares of FOX by 1.8% during the third quarter. PNC Financial Services Group Inc. now owns 30,570 shares of the company’s stock worth $883,000 after buying an additional 549 shares during the last quarter. Finally, Public Employees Retirement System of Ohio lifted its holdings in FOX by 1.0% in the third quarter. Public Employees Retirement System of Ohio now owns 61,393 shares of the company’s stock valued at $1,773,000 after buying an additional 613 shares during the period. Institutional investors own 26.41% of the company’s stock.

FOX Price Performance

Shares of NASDAQ FOX opened at $30.02 on Tuesday. The company has a fifty day moving average price of $27.98 and a 200 day moving average price of $28.10. Fox Co. has a 1-year low of $25.82 and a 1-year high of $33.24. The firm has a market cap of $14.26 billion, a PE ratio of 17.76 and a beta of 0.82. The company has a current ratio of 2.29, a quick ratio of 2.01 and a debt-to-equity ratio of 0.70.

FOX (NASDAQ:FOX) last posted its quarterly earnings data on Wednesday, February 7th. The company reported $0.34 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.11 by $0.23. FOX had a return on equity of 15.81% and a net margin of 5.75%. The business had revenue of $4.23 billion during the quarter. During the same quarter in the previous year, the business posted $0.48 earnings per share.

Analysts Set New Price Targets

Separately, TheStreet cut shares of FOX from a “b-” rating to a “c” rating in a report on Wednesday, February 7th.

FOX Profile

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.