BidaskClub Lowers INTL FCStone (INTL) to Buy

INTL FCStone (NASDAQ:INTL) was downgraded by stock analysts at BidaskClub from a “strong-buy” rating to a “buy” rating in a research note issued on Thursday.

Other research analysts also recently issued reports about the stock. ValuEngine upgraded shares of INTL FCStone from a “hold” rating to a “buy” rating in a research report on Saturday, May 12th. TheStreet upgraded shares of INTL FCStone from a “c” rating to a “b-” rating in a research report on Monday.

Shares of INTL FCStone opened at $46.34 on Thursday, according to MarketBeat. INTL FCStone has a one year low of $45.99 and a one year high of $46.59. The company has a market cap of $872.99 million, a price-to-earnings ratio of 35.03 and a beta of 1.69. The company has a debt-to-equity ratio of 1.20, a current ratio of 1.53 and a quick ratio of 1.06.

In other INTL FCStone news, insider Brian T. Sephton sold 2,500 shares of the business’s stock in a transaction that occurred on Tuesday, March 6th. The shares were sold at an average price of $42.50, for a total transaction of $106,250.00. Following the completion of the transaction, the insider now directly owns 118,037 shares in the company, valued at $5,016,572.50. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Philip Andrew Smith sold 3,000 shares of the business’s stock in a transaction that occurred on Monday, March 12th. The shares were sold at an average price of $45.63, for a total transaction of $136,890.00. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 132,732 shares of company stock valued at $6,016,265. Company insiders own 20.48% of the company’s stock.

A number of institutional investors and hedge funds have recently made changes to their positions in the business. BlackRock Inc. raised its position in INTL FCStone by 4.7% during the first quarter. BlackRock Inc. now owns 2,189,136 shares of the financial services provider’s stock valued at $93,432,000 after purchasing an additional 98,268 shares in the last quarter. Van Berkom & Associates Inc. increased its holdings in shares of INTL FCStone by 65.4% during the first quarter. Van Berkom & Associates Inc. now owns 1,569,884 shares of the financial services provider’s stock worth $67,003,000 after buying an additional 620,713 shares in the last quarter. Cove Street Capital LLC increased its holdings in shares of INTL FCStone by 28.6% during the first quarter. Cove Street Capital LLC now owns 534,672 shares of the financial services provider’s stock worth $22,819,000 after buying an additional 118,800 shares in the last quarter. OppenheimerFunds Inc. increased its holdings in shares of INTL FCStone by 31.5% during the first quarter. OppenheimerFunds Inc. now owns 408,617 shares of the financial services provider’s stock worth $17,440,000 after buying an additional 97,849 shares in the last quarter. Finally, Shell Asset Management Co. acquired a new position in shares of INTL FCStone during the fourth quarter worth $15,503,000. Institutional investors and hedge funds own 70.68% of the company’s stock.

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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