Swiss National Bank Has $2.48 Million Stock Holdings in Fox Factory Holding Corp. (NASDAQ:FOXF)

Swiss National Bank increased its stake in shares of Fox Factory Holding Corp. (NASDAQ:FOXF) by 0.9% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 82,000 shares of the company’s stock after buying an additional 700 shares during the period. Swiss National Bank owned 0.20% of Fox Factory worth $2,482,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also bought and sold shares of the company. Disciplined Growth Investors Inc. MN bought a new stake in shares of Fox Factory during the third quarter worth approximately $5,743,000. Caprock Group LLC boosted its stake in Fox Factory by 133.7% in the 4th quarter. Caprock Group LLC now owns 22,396 shares of the company’s stock valued at $678,000 after purchasing an additional 12,813 shares during the period. Mutual of America Capital Management LLC grew its holdings in Fox Factory by 1,569.2% in the 4th quarter. Mutual of America Capital Management LLC now owns 104,657 shares of the company’s stock valued at $3,168,000 after buying an additional 98,387 shares in the last quarter. Angeles Wealth Management LLC bought a new position in Fox Factory during the 4th quarter worth $1,710,000. Finally, Charles Schwab Investment Management Inc. lifted its holdings in shares of Fox Factory by 13.3% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 622,745 shares of the company’s stock worth $18,850,000 after buying an additional 73,110 shares in the last quarter.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on FOXF shares. Jefferies Financial Group lowered their price target on shares of Fox Factory from $45.00 to $38.00 and set a “buy” rating on the stock in a research report on Friday, February 28th. Truist Financial lowered their target price on shares of Fox Factory from $42.00 to $40.00 and set a “buy” rating on the stock in a report on Tuesday, January 7th. Stifel Nicolaus upgraded Fox Factory from a “hold” rating to a “buy” rating and set a $40.00 price target for the company in a research note on Wednesday, December 11th. StockNews.com upgraded Fox Factory from a “sell” rating to a “hold” rating in a research note on Thursday, November 28th. Finally, Robert W. Baird cut their target price on Fox Factory from $38.00 to $32.00 and set a “neutral” rating for the company in a research report on Friday, February 28th. Five research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, Fox Factory currently has an average rating of “Hold” and a consensus target price of $39.14.

Fox Factory Trading Down 1.6 %

Shares of FOXF opened at $25.74 on Friday. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.62 and a current ratio of 3.21. Fox Factory Holding Corp. has a 52-week low of $23.91 and a 52-week high of $54.86. The firm has a market cap of $1.07 billion, a price-to-earnings ratio of 99.00, a PEG ratio of 1.45 and a beta of 1.65. The business’s fifty day moving average is $26.50 and its 200-day moving average is $31.82.

Fox Factory (NASDAQ:FOXF) last issued its earnings results on Thursday, February 27th. The company reported $0.31 EPS for the quarter, topping the consensus estimate of $0.29 by $0.02. The firm had revenue of $352.84 million during the quarter, compared to the consensus estimate of $321.31 million. Fox Factory had a return on equity of 5.23% and a net margin of 0.78%. Equities analysts anticipate that Fox Factory Holding Corp. will post 1.31 EPS for the current fiscal year.

About Fox Factory

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.