Fox Factory Holding Corp. (NASDAQ:FOXF) Shares Bought by M&T Bank Corp

M&T Bank Corp lifted its position in shares of Fox Factory Holding Corp. (NASDAQ:FOXFFree Report) by 1.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 17,646 shares of the company’s stock after purchasing an additional 329 shares during the period. M&T Bank Corp’s holdings in Fox Factory were worth $1,191,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the company. Operose Advisors LLC acquired a new stake in shares of Fox Factory during the third quarter valued at about $37,000. Assetmark Inc. increased its holdings in Fox Factory by 171.4% during the 3rd quarter. Assetmark Inc. now owns 380 shares of the company’s stock worth $38,000 after purchasing an additional 240 shares during the last quarter. GAMMA Investing LLC acquired a new position in shares of Fox Factory in the 4th quarter valued at approximately $29,000. CWM LLC boosted its stake in shares of Fox Factory by 54.1% during the 4th quarter. CWM LLC now owns 624 shares of the company’s stock valued at $42,000 after buying an additional 219 shares during the last quarter. Finally, CVA Family Office LLC acquired a new stake in shares of Fox Factory during the fourth quarter worth approximately $55,000.

Analyst Ratings Changes

FOXF has been the topic of a number of research analyst reports. Roth Mkm reduced their price objective on shares of Fox Factory from $55.00 to $45.00 and set a “neutral” rating on the stock in a research note on Friday, May 3rd. Stifel Nicolaus decreased their price target on Fox Factory from $56.00 to $45.00 and set a “hold” rating for the company in a research note on Wednesday, April 24th. Robert W. Baird lowered their price objective on Fox Factory from $55.00 to $48.00 and set a “neutral” rating for the company in a report on Friday, May 3rd. B. Riley reduced their target price on Fox Factory from $50.00 to $45.00 and set a “neutral” rating on the stock in a report on Friday, May 3rd. Finally, StockNews.com downgraded Fox Factory from a “hold” rating to a “sell” rating in a report on Monday, February 26th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and one has issued a buy rating to the stock. According to MarketBeat, Fox Factory currently has an average rating of “Hold” and a consensus price target of $46.83.

Check Out Our Latest Stock Report on FOXF

Fox Factory Stock Up 0.1 %

Shares of Fox Factory stock opened at $47.50 on Friday. The stock has a market capitalization of $1.98 billion, a price-to-earnings ratio of 26.54, a PEG ratio of 2.01 and a beta of 1.68. Fox Factory Holding Corp. has a twelve month low of $37.98 and a twelve month high of $117.68. The company has a current ratio of 3.43, a quick ratio of 1.85 and a debt-to-equity ratio of 0.63. The business’s 50 day simple moving average is $45.96 and its 200-day simple moving average is $58.08.

Fox Factory (NASDAQ:FOXFGet Free Report) last posted its earnings results on Thursday, May 2nd. The company reported $0.29 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.19 by $0.10. Fox Factory had a return on equity of 10.56% and a net margin of 5.41%. The company had revenue of $333.50 million for the quarter, compared to analysts’ expectations of $327.58 million. During the same period last year, the business posted $1.20 earnings per share. The firm’s quarterly revenue was down 16.6% compared to the same quarter last year. Equities research analysts forecast that Fox Factory Holding Corp. will post 2.4 earnings per share for the current year.

About Fox Factory

(Free Report)

Fox Factory Holding Corp. designs, engineers, manufactures, and markets performance-defining products and system worldwide. The company offers powered vehicle products for side-by-side vehicles, on-road vehicles with and without off-road capabilities, off-road vehicles and trucks, all-terrain vehicles, snowmobiles, and specialty vehicles and applications, such as military, motorcycles, and commercial trucks; lift kits and components with shock products and aftermarket accessory packages for trucks; and mid-end and high-end front fork and rear suspension products.

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Institutional Ownership by Quarter for Fox Factory (NASDAQ:FOXF)

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