Campbell & CO Investment Adviser LLC Decreases Holdings in International Money Express, Inc. $IMXI

Campbell & CO Investment Adviser LLC lowered its position in International Money Express, Inc. (NASDAQ:IMXI) by 18.0% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 45,399 shares of the company’s stock after selling 9,974 shares during the period. Campbell & CO Investment Adviser LLC’s holdings in International Money Express were worth $458,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. New York State Common Retirement Fund boosted its position in International Money Express by 41.6% during the first quarter. New York State Common Retirement Fund now owns 10,218 shares of the company’s stock worth $129,000 after purchasing an additional 3,000 shares in the last quarter. Allianz Asset Management GmbH increased its position in shares of International Money Express by 27.4% in the first quarter. Allianz Asset Management GmbH now owns 108,461 shares of the company’s stock valued at $1,369,000 after buying an additional 23,300 shares in the last quarter. Y Intercept Hong Kong Ltd acquired a new position in shares of International Money Express during the 1st quarter worth $427,000. Legato Capital Management LLC purchased a new stake in shares of International Money Express in the 1st quarter worth about $161,000. Finally, Royce & Associates LP grew its stake in International Money Express by 0.6% in the 1st quarter. Royce & Associates LP now owns 648,711 shares of the company’s stock valued at $8,187,000 after acquiring an additional 4,001 shares during the last quarter. 86.71% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

IMXI has been the subject of a number of research reports. Northland Capmk cut shares of International Money Express from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 11th. Weiss Ratings cut shares of International Money Express from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Tuesday. Zacks Research upgraded International Money Express from a “strong sell” rating to a “hold” rating in a research report on Friday, October 10th. Finally, Wall Street Zen upgraded International Money Express from a “hold” rating to a “buy” rating in a report on Saturday, August 16th. One analyst has rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $14.33.

International Money Express Stock Performance

Shares of IMXI opened at $15.10 on Friday. International Money Express, Inc. has a 1 year low of $8.58 and a 1 year high of $22.30. The company’s 50 day simple moving average is $14.63 and its 200 day simple moving average is $12.51. The company has a market capitalization of $448.76 million, a price-to-earnings ratio of 11.80 and a beta of 0.91. The company has a debt-to-equity ratio of 1.17, a quick ratio of 1.63 and a current ratio of 2.03.

About International Money Express

International Money Express, Inc, together with its subsidiaries, operates as an omnichannel money remittance services company in the United States, Latin America, Mexico, Central and South America, the Caribbean, Africa, and Asia. The company offers remittance services, which include a suite of ancillary financial processing solutions and payment services; and online payment options, pre-paid debit cards, and direct deposit payroll cards.