BidaskClub upgraded shares of INTL Fcstone (NASDAQ:INTL) from a hold rating to a buy rating in a report released on Wednesday morning.
Separately, TheStreet cut INTL Fcstone from a b rating to a c rating in a research report on Thursday, December 14th.
INTL Fcstone (NASDAQ:INTL) traded up $1.24 during midday trading on Wednesday, hitting $46.88. The stock had a trading volume of 473,994 shares, compared to its average volume of 100,721. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.45 and a quick ratio of 0.95. INTL Fcstone has a 1 year low of $33.11 and a 1 year high of $46.96. The company has a market capitalization of $860.06, a P/E ratio of -117.20 and a beta of 1.73.
INTL Fcstone (NASDAQ:INTL) last released its earnings results on Wednesday, February 7th. The financial services provider reported $0.78 earnings per share (EPS) for the quarter. INTL Fcstone had a positive return on equity of 3.32% and a negative net margin of 0.02%. The firm had revenue of $130.30 million during the quarter.
In related news, insider Brian T. Sephton sold 2,500 shares of the stock in a transaction dated Tuesday, March 6th. The stock was sold at an average price of $42.50, for a total transaction of $106,250.00. Following the completion of the sale, the insider now owns 118,037 shares in the company, valued at $5,016,572.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO William J. Dunaway sold 750 shares of the stock in a transaction dated Tuesday, March 13th. The stock was sold at an average price of $46.37, for a total value of $34,777.50. Following the sale, the chief financial officer now owns 34,558 shares of the company’s stock, valued at approximately $1,602,454.46. The disclosure for this sale can be found here. Insiders have sold 69,996 shares of company stock valued at $3,034,036 in the last quarter. 20.48% of the stock is currently owned by company insiders.
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. MetLife Investment Advisors LLC purchased a new position in INTL Fcstone during the 4th quarter valued at approximately $326,000. Ladenburg Thalmann Financial Services Inc. grew its holdings in INTL Fcstone by 6,160.0% during the 4th quarter. Ladenburg Thalmann Financial Services Inc. now owns 6,260 shares of the financial services provider’s stock valued at $266,000 after buying an additional 6,160 shares in the last quarter. TIAA CREF Investment Management LLC grew its holdings in INTL Fcstone by 22.7% during the 4th quarter. TIAA CREF Investment Management LLC now owns 48,760 shares of the financial services provider’s stock valued at $2,074,000 after buying an additional 9,023 shares in the last quarter. Teachers Advisors LLC grew its holdings in INTL Fcstone by 55.7% during the 4th quarter. Teachers Advisors LLC now owns 43,087 shares of the financial services provider’s stock valued at $1,832,000 after buying an additional 15,411 shares in the last quarter. Finally, Two Sigma Investments LP grew its holdings in INTL Fcstone by 154.1% during the 4th quarter. Two Sigma Investments LP now owns 27,509 shares of the financial services provider’s stock valued at $1,170,000 after buying an additional 16,681 shares in the last quarter. Institutional investors and hedge funds own 68.12% of the company’s stock.
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INTL Fcstone Company Profile
INTL Fcstone Inc is a financial services company. The Company provides financial products, and advisory and execution service. The Company operates through five segments: Commercial Hedging, Global Payments, Securities, Physical Commodities, and Clearing and Execution Services (CES). The Commercial Hedging segment serves its commercial clients through its team of risk management consultants.
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