Public Sector Pension investment Board cut its holdings in shares of INTL FCStone Inc. (NASDAQ:INTL) by 27.1% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 7,800 shares of the financial services provider’s stock after selling 2,900 shares during the quarter. Public Sector Pension investment Board’s holdings in INTL FCStone were worth $295,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of the business. Texas Permanent School Fund raised its holdings in INTL FCStone by 0.8% during the second quarter. Texas Permanent School Fund now owns 11,010 shares of the financial services provider’s stock valued at $416,000 after acquiring an additional 91 shares during the period. Rhumbline Advisers raised its holdings in INTL FCStone by 0.5% during the second quarter. Rhumbline Advisers now owns 36,009 shares of the financial services provider’s stock valued at $1,360,000 after acquiring an additional 194 shares during the period. Schwab Charles Investment Management Inc. raised its holdings in INTL FCStone by 0.6% during the second quarter. Schwab Charles Investment Management Inc. now owns 61,886 shares of the financial services provider’s stock valued at $2,337,000 after acquiring an additional 342 shares during the period. TIAA CREF Investment Management LLC raised its holdings in INTL FCStone by 1.2% during the second quarter. TIAA CREF Investment Management LLC now owns 41,052 shares of the financial services provider’s stock valued at $1,550,000 after acquiring an additional 502 shares during the period. Finally, Thrivent Financial For Lutherans raised its holdings in INTL FCStone by 6.2% during the second quarter. Thrivent Financial For Lutherans now owns 9,090 shares of the financial services provider’s stock valued at $343,000 after acquiring an additional 530 shares during the period. 65.28% of the stock is currently owned by institutional investors and hedge funds.

Separately, BidaskClub cut INTL FCStone from a “hold” rating to a “sell” rating in a report on Saturday, August 12th.

In other INTL FCStone news, CEO Mark Lowry Maurer sold 1,658 shares of the company’s stock in a transaction dated Tuesday, August 29th. The shares were sold at an average price of $35.57, for a total value of $58,975.06. Following the completion of the transaction, the chief executive officer now owns 6,596 shares in the company, valued at $234,619.72. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Corporate insiders own 20.66% of the company’s stock.

Shares of INTL FCStone Inc. (NASDAQ INTL) opened at 39.53 on Friday. The company has a market capitalization of $739.96 million, a PE ratio of 15.95 and a beta of 1.70. INTL FCStone Inc. has a 12-month low of $33.11 and a 12-month high of $44.71. The firm’s 50-day moving average price is $36.83 and its 200-day moving average price is $36.90.

INTL FCStone (NASDAQ:INTL) last issued its quarterly earnings data on Tuesday, August 8th. The financial services provider reported $0.66 earnings per share for the quarter, missing analysts’ consensus estimates of $1.04 by ($0.38). The firm had revenue of $197.60 million during the quarter. INTL FCStone had a return on equity of 9.50% and a net margin of 0.24%. On average, analysts expect that INTL FCStone Inc. will post $3.25 EPS for the current fiscal year.

INTL FCStone declared that its board has authorized a stock repurchase program on Monday, August 21st that authorizes the company to buyback 1,000,000 shares. This buyback authorization authorizes the financial services provider to reacquire shares of its stock through open market purchases. Stock buyback programs are often an indication that the company’s leadership believes its shares are undervalued.

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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.

Institutional Ownership by Quarter for INTL FCStone (NASDAQ:INTL)

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