INTL Fcstone (NASDAQ:INTL) Downgraded to Strong Sell at ValuEngine

ValuEngine downgraded shares of INTL Fcstone (NASDAQ:INTL) from a sell rating to a strong sell rating in a research note released on Thursday morning, ValuEngine reports.

A number of other research analysts also recently weighed in on INTL. TheStreet upgraded INTL Fcstone from a c+ rating to a b- rating in a research note on Monday, June 8th. BidaskClub upgraded INTL Fcstone from a sell rating to a hold rating in a research note on Friday, May 29th.

INTL stock opened at $55.63 on Thursday. The company has a quick ratio of 1.28, a current ratio of 1.74 and a debt-to-equity ratio of 1.98. The business has a 50 day moving average price of $49.94 and a two-hundred day moving average price of $44.93. The company has a market cap of $1.07 billion, a price-to-earnings ratio of 10.95 and a beta of 1.44. INTL Fcstone has a twelve month low of $28.01 and a twelve month high of $57.98.

INTL Fcstone (NASDAQ:INTL) last posted its quarterly earnings results on Wednesday, May 6th. The financial services provider reported $2.00 earnings per share for the quarter. The firm had revenue of $243.40 million during the quarter. INTL Fcstone had a return on equity of 16.33% and a net margin of 0.20%.

In other news, Director Eric Parthemore sold 2,500 shares of the firm’s stock in a transaction that occurred on Thursday, June 4th. The stock was sold at an average price of $52.02, for a total value of $130,050.00. Following the completion of the sale, the director now directly owns 22,688 shares of the company’s stock, valued at $1,180,229.76. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Philip Andrew Smith sold 5,506 shares of the firm’s stock in a transaction that occurred on Friday, June 5th. The shares were sold at an average price of $55.17, for a total value of $303,766.02. Following the completion of the sale, the chief executive officer now directly owns 113,005 shares of the company’s stock, valued at $6,234,485.85. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 12,464 shares of company stock valued at $666,657. Insiders own 17.65% of the company’s stock.

A number of large investors have recently added to or reduced their stakes in the stock. State Street Corp lifted its holdings in INTL Fcstone by 7.6% during the 1st quarter. State Street Corp now owns 540,122 shares of the financial services provider’s stock worth $19,585,000 after purchasing an additional 38,365 shares during the last quarter. Royal Bank of Canada lifted its holdings in INTL Fcstone by 26.5% during the 1st quarter. Royal Bank of Canada now owns 25,980 shares of the financial services provider’s stock worth $943,000 after purchasing an additional 5,436 shares during the last quarter. State of Tennessee Treasury Department lifted its holdings in INTL Fcstone by 24.8% during the 1st quarter. State of Tennessee Treasury Department now owns 15,033 shares of the financial services provider’s stock worth $545,000 after purchasing an additional 2,992 shares during the last quarter. Van Berkom & Associates Inc. lifted its holdings in INTL Fcstone by 5.7% during the 1st quarter. Van Berkom & Associates Inc. now owns 1,939,729 shares of the financial services provider’s stock worth $70,335,000 after purchasing an additional 104,930 shares during the last quarter. Finally, Advisor Group Holdings Inc. acquired a new stake in INTL Fcstone during the 1st quarter worth approximately $491,000. 73.76% of the stock is owned by institutional investors and hedge funds.

INTL Fcstone Company 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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