Edgestream Partners L.P. reported to hold a $9.50 million stake in
Fox Corporation. On a similar note,
Seizert Capital Partners LLC has a $10.84 Million stock position while the
State of Michigan Retirement System holds $3.45 million in stock. The firm exhibited a
Q1 earnings beat alongside a surge in stock value, through earning windfall from election ads. Fox Corporation also recorded
robust earnings and growth, with recent reports showcasing a notable increase in ad revenue from Super Bowl LIX. The corporation is also set to undertake compelling ventures, as alluded to by the upcoming participation of the CEO,
Lachlan Murdoch, in the Morgan Stanley Tech, Media, & Telecom Conference. However, there was massive selling of the Fox Corporation stock by the
Rupert Murdoch trust and several financial entities including the
Principal Financial Group Inc. and Rhumbline Advisers. The price target given by analysts stands at an average of $51.19. The company made strong strides in Q1 and Q2 with substantial net income and Adjusted EBITDA figures. Lastly, new investments and contributions are also marking the corporation's journey.
Fox Corporation Class A FOXA News Analytics from Fri, 28 Jun 2013 07:00:00 GMT to Sat, 08 Mar 2025 12:32:39 GMT -
Rating 5
- Innovation -2
- Information 7
- Rumor -3
