|Bid||0.00 x 70000|
|Ask||0.00 x 70000|
|Day's range||17.50 - 17.90|
|52-week range||14.40 - 21.00|
|Beta (5Y monthly)||1.29|
|PE ratio (TTM)||23.55|
|Forward dividend & yield||0.21 (1.15%)|
|Ex-dividend date||13 Sept 2022|
|1y target est||N/A|
Here is your weekly roundup of the biggest news out of hedge funds and company top brass, all first covered on InvestingPro+.
T. Rowe Price told the newspaper that a merger of the two companies would probably undervalue News Corp, which it believes is trading for less than it is worth. T. Rowe Price owns about 17.88% of News Corp, according to Refinitiv data, and is the largest shareholder after the Murdoch family. Fox and News Corp declined to comment, while T. Rowe Price did not immediately respond to Reuters requests for comment.
Fox (FOXA) faces disagreements from shareholders on its merger with News Corporation.