Toronto Dominion Bank Has $2.58 Million Stake in Fox Co. (NASDAQ:FOX)

Toronto Dominion Bank raised its stake in Fox Co. (NASDAQ:FOX) by 1.8% during the third quarter, HoldingsChannel.com reports. The fund owned 66,398 shares of the company’s stock after acquiring an additional 1,143 shares during the quarter. Toronto Dominion Bank’s holdings in FOX were worth $2,576,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Geode Capital Management LLC increased its holdings in shares of FOX by 3.1% during the third quarter. Geode Capital Management LLC now owns 3,109,955 shares of the company’s stock worth $120,299,000 after buying an additional 92,515 shares in the last quarter. Barclays PLC increased its holdings in FOX by 3.6% during the 3rd quarter. Barclays PLC now owns 540,789 shares of the company’s stock valued at $20,982,000 after purchasing an additional 18,802 shares in the last quarter. Nomura Asset Management Co. Ltd. increased its holdings in FOX by 0.7% during the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 76,825 shares of the company’s stock valued at $2,981,000 after purchasing an additional 538 shares in the last quarter. Y Intercept Hong Kong Ltd raised its position in FOX by 7.6% in the 3rd quarter. Y Intercept Hong Kong Ltd now owns 30,580 shares of the company’s stock valued at $1,187,000 after purchasing an additional 2,149 shares during the last quarter. Finally, National Bank of Canada FI boosted its stake in FOX by 212.7% in the third quarter. National Bank of Canada FI now owns 1,437,637 shares of the company’s stock worth $55,780,000 after purchasing an additional 977,907 shares in the last quarter. 26.41% of the stock is currently owned by institutional investors and hedge funds.

FOX Stock Down 0.5 %

NASDAQ:FOX opened at $44.72 on Monday. The company has a market cap of $20.43 billion, a price-to-earnings ratio of 10.93, a P/E/G ratio of 1.58 and a beta of 0.83. The company has a debt-to-equity ratio of 0.58, a quick ratio of 2.33 and a current ratio of 2.59. The stock’s fifty day moving average price is $41.51 and its two-hundred day moving average price is $37.36. Fox Co. has a 52-week low of $25.82 and a 52-week high of $45.27.

Insider Transactions at FOX

In other news, Chairman Keith Rupert Murdoch sold 771,024 shares of FOX stock in a transaction that occurred on Tuesday, November 26th. The shares were sold at an average price of $46.07, for a total transaction of $35,521,075.68. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, COO John Nallen sold 182,481 shares of the business’s stock in a transaction that occurred on Tuesday, November 5th. The stock was sold at an average price of $43.73, for a total transaction of $7,979,894.13. Following the sale, the chief operating officer now directly owns 249,424 shares of the company’s stock, valued at approximately $10,907,311.52. This trade represents a 42.25 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 1,053,505 shares of company stock worth $47,705,970 over the last 90 days. 23.06% of the stock is owned by insiders.

Analyst Ratings Changes

A number of analysts have recently weighed in on the company. Barclays upgraded FOX to a “hold” rating in a research note on Wednesday, October 9th. Seaport Res Ptn cut shares of FOX from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 9th.

FOX Company 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.