Creative Planning purchased a new position in INTL Fcstone Inc (NASDAQ:INTL) during the 4th quarter, HoldingsChannel reports. The firm purchased 4,818 shares of the financial services provider’s stock, valued at approximately $235,000.
A number of other institutional investors have also modified their holdings of the business. Tower Research Capital LLC TRC grew its stake in INTL Fcstone by 57.8% during the 3rd quarter. Tower Research Capital LLC TRC now owns 775 shares of the financial services provider’s stock valued at $32,000 after acquiring an additional 284 shares in the last quarter. Marshall Wace North America L.P. purchased a new position in INTL Fcstone during the 1st quarter valued at about $40,000. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in INTL Fcstone by 62.5% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 993 shares of the financial services provider’s stock valued at $41,000 after acquiring an additional 382 shares in the last quarter. Emerald Advisers LLC purchased a new position in INTL Fcstone during the 4th quarter valued at about $43,000. Finally, Convergence Investment Partners LLC purchased a new position in INTL Fcstone during the 3rd quarter valued at about $131,000. Hedge funds and other institutional investors own 71.62% of the company’s stock.
INTL has been the topic of several research analyst reports. ValuEngine cut INTL Fcstone from a “hold” rating to a “sell” rating in a research note on Friday, December 13th. BidaskClub cut INTL Fcstone from a “sell” rating to a “strong sell” rating in a research note on Thursday, January 30th.
In other INTL Fcstone news, COO Xuong Nguyen sold 1,700 shares of INTL Fcstone stock in a transaction dated Tuesday, December 17th. The stock was sold at an average price of $50.25, for a total transaction of $85,425.00. Following the transaction, the chief operating officer now owns 39,123 shares of the company’s stock, valued at approximately $1,965,930.75. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Philip Andrew Smith sold 1,195 shares of INTL Fcstone stock in a transaction dated Wednesday, January 8th. The shares were sold at an average price of $49.92, for a total value of $59,654.40. Following the transaction, the chief executive officer now directly owns 127,316 shares in the company, valued at approximately $6,355,614.72. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 3,145 shares of company stock worth $158,137. Company insiders own 17.53% of the company’s stock.
NASDAQ:INTL opened at $51.71 on Friday. The company has a debt-to-equity ratio of 2.69, a current ratio of 2.01 and a quick ratio of 1.52. INTL Fcstone Inc has a fifty-two week low of $34.10 and a fifty-two week high of $52.23. The stock’s 50-day moving average is $49.43 and its two-hundred day moving average is $43.00. The stock has a market cap of $998.11 million, a PE ratio of 12.05 and a beta of 1.70.
INTL Fcstone (NASDAQ:INTL) last released its earnings results on Wednesday, December 11th. The financial services provider reported $1.40 earnings per share for the quarter. INTL Fcstone had a return on equity of 14.27% and a net margin of 0.22%. The company had revenue of $173.40 million for the quarter.
INTL Fcstone Profile
INTL FCStone Inc operates as a financial services company worldwide. The company's Commercial Hedging segment offers risk management consulting services related to agricultural and energy commodities, and base metal products listed on the London Metals Exchange. Its Global Payments segment provides payment solutions to banks and commercial businesses; and charities and non-governmental organizations, and government organizations.
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