BidaskClub upgraded shares of INTL Fcstone (NASDAQ:INTL) from a strong sell rating to a sell rating in a research report report published on Tuesday.
Separately, TheStreet cut shares of INTL Fcstone from a b rating to a c rating in a research note on Thursday, December 14th.
INTL Fcstone (INTL) opened at $45.54 on Tuesday. The company has a quick ratio of 0.95, a current ratio of 1.45 and a debt-to-equity ratio of 0.25. INTL Fcstone has a 12 month low of $33.11 and a 12 month high of $45.62. The company has a market cap of $858.18, a P/E ratio of 60.72 and a beta of 1.73.
In other INTL Fcstone news, Director Scott J. Branch sold 50,000 shares of the business’s stock in a transaction that occurred on Wednesday, March 7th. The shares were sold at an average price of $43.12, for a total value of $2,156,000.00. Following the completion of the transaction, the director now owns 641,410 shares of the company’s stock, valued at approximately $27,657,599.20. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CEO Philip Andrew Smith sold 5,000 shares of the business’s stock in a transaction that occurred on Wednesday, January 17th. The stock was sold at an average price of $44.10, for a total transaction of $220,500.00. The disclosure for this sale can be found here. In the last three months, insiders sold 63,746 shares of company stock valued at $2,749,869. Corporate insiders own 20.48% of the company’s stock.
Hedge funds have recently added to or reduced their stakes in the business. SG Americas Securities LLC purchased a new position in INTL Fcstone in the 3rd quarter worth approximately $166,000. CAPROCK Group Inc. purchased a new stake in shares of INTL Fcstone in the 4th quarter valued at $213,000. Teacher Retirement System of Texas purchased a new stake in shares of INTL Fcstone in the 4th quarter valued at $233,000. Ladenburg Thalmann Financial Services Inc. boosted its stake in shares of INTL Fcstone by 6,160.0% in 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 purchasing an additional 6,160 shares in the last quarter. Finally, Los Angeles Capital Management & Equity Research Inc. purchased a new stake in shares of INTL Fcstone in the 3rd quarter valued at $275,000. 68.12% of the stock is owned by institutional investors and hedge funds.
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About INTL Fcstone
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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