BidaskClub Lowers INTL Fcstone (INTL) to Hold

BidaskClub downgraded shares of INTL Fcstone (NASDAQ:INTL) from a buy rating to a hold rating in a research report sent to investors on Wednesday morning.

Separately, TheStreet downgraded shares of INTL Fcstone from a b rating to a c rating in a research report on Thursday, December 14th.

How to Become a New Pot Stock Millionaire

NASDAQ:INTL opened at $42.68 on Wednesday. The company has a market cap of $804.28, a P/E ratio of 56.91 and a beta of 1.73. INTL Fcstone has a 1 year low of $33.11 and a 1 year high of $46.96. 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 (NASDAQ:INTL) last posted its earnings results on Wednesday, February 7th. The financial services provider reported $0.78 earnings per share (EPS) for the quarter. The firm had revenue of $130.30 million during the quarter. INTL Fcstone had a negative net margin of 0.02% and a positive return on equity of 3.32%.

In other INTL Fcstone news, insider Brian T. Sephton sold 2,500 shares of the company’s stock in a transaction that occurred on Tuesday, March 6th. The stock was sold at an average price of $42.50, for a total value of $106,250.00. Following the completion of the transaction, the insider now owns 118,037 shares in the company, valued at approximately $5,016,572.50. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO William J. Dunaway sold 750 shares of the company’s stock in a transaction that occurred on Tuesday, March 13th. The stock was sold at an average price of $46.37, for a total value of $34,777.50. Following the completion of the transaction, 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. In the last 90 days, insiders sold 69,074 shares of company stock valued at $2,994,731. 20.48% of the stock is owned by company insiders.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Rhumbline Advisers boosted its holdings in INTL Fcstone by 3.6% in the 3rd quarter. Rhumbline Advisers now owns 37,319 shares of the financial services provider’s stock worth $1,430,000 after acquiring an additional 1,310 shares during the period. Commonwealth Bank of Australia boosted its holdings in INTL Fcstone by 2.4% in the 3rd quarter. Commonwealth Bank of Australia now owns 69,258 shares of the financial services provider’s stock worth $2,650,000 after acquiring an additional 1,600 shares during the period. First Trust Advisors LP boosted its holdings in INTL Fcstone by 13.3% in the 4th quarter. First Trust Advisors LP now owns 13,989 shares of the financial services provider’s stock worth $595,000 after acquiring an additional 1,645 shares during the period. Principal Financial Group Inc. boosted its holdings in INTL Fcstone by 2.2% in the 3rd quarter. Principal Financial Group Inc. now owns 117,173 shares of the financial services provider’s stock worth $4,490,000 after acquiring an additional 2,469 shares during the period. Finally, Great West Life Assurance Co. Can boosted its holdings in INTL Fcstone by 13.2% in the 3rd quarter. Great West Life Assurance Co. Can now owns 22,433 shares of the financial services provider’s stock worth $855,000 after acquiring an additional 2,620 shares during the period. Hedge funds and other institutional investors own 68.12% of the company’s stock.

ILLEGAL ACTIVITY NOTICE: “BidaskClub Lowers INTL Fcstone (INTL) to Hold” was published by WKRB News and is the property of of WKRB News. If you are viewing this piece of content on another domain, it was illegally copied and reposted in violation of U.S. & international trademark & copyright law. The original version of this piece of content can be accessed at https://www.wkrb13.com/2018/03/31/bidaskclub-lowers-intl-fcstone-intl-to-hold.html.

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.

Receive News & Ratings for INTL Fcstone Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for INTL Fcstone and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply