UBS Asset Management Americas Inc. continued to hold its stake in Moneygram International, Inc. (NASDAQ:MGI) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 11,999 shares of the financial services provider’s stock at the end of the 2nd quarter. UBS Asset Management Americas Inc.’s holdings in Moneygram International were worth $207,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in MGI. Parametric Portfolio Associates LLC increased its position in Moneygram International by 3.8% in the first quarter. Parametric Portfolio Associates LLC now owns 134,909 shares of the financial services provider’s stock worth $2,268,000 after purchasing an additional 4,929 shares during the period. American International Group Inc. boosted its holdings in Moneygram International by 7.1% during the first quarter. American International Group Inc. now owns 18,227 shares of the financial services provider’s stock worth $306,000 after buying an additional 1,208 shares during the last quarter. Teachers Advisors LLC boosted its holdings in Moneygram International by 7.4% during the first quarter. Teachers Advisors LLC now owns 58,782 shares of the financial services provider’s stock worth $988,000 after buying an additional 4,043 shares during the last quarter. Geode Capital Management LLC boosted its holdings in Moneygram International by 30.9% during the first quarter. Geode Capital Management LLC now owns 329,597 shares of the financial services provider’s stock worth $5,540,000 after buying an additional 77,775 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its holdings in Moneygram International by 8.7% during the first quarter. Dimensional Fund Advisors LP now owns 872,270 shares of the financial services provider’s stock worth $14,663,000 after buying an additional 69,561 shares during the last quarter. Hedge funds and other institutional investors own 93.79% of the company’s stock.

MGI has been the topic of a number of recent analyst reports. BidaskClub cut Moneygram International from a “hold” rating to a “sell” rating in a report on Wednesday, July 19th. Northland Securities restated a “hold” rating on shares of Moneygram International in a report on Tuesday, September 5th. Finally, ValuEngine cut Moneygram International from a “buy” rating to a “hold” rating in a report on Monday, October 2nd. Two analysts have rated the stock with a sell rating and five have issued a hold rating to the stock. Moneygram International has an average rating of “Hold” and a consensus price target of $16.21.

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Moneygram International, Inc. (MGI) opened at $14.54 on Monday. The company has a quick ratio of 0.05, a current ratio of 0.05 and a debt-to-equity ratio of -2.47. The firm has a market capitalization of $788.52, a PE ratio of 17.73 and a beta of 2.00.

Moneygram International (NASDAQ:MGI) last released its quarterly earnings data on Monday, August 7th. The financial services provider reported $0.27 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.22 by $0.05. Moneygram International had a negative return on equity of 14.19% and a net margin of 1.86%. The business had revenue of $410.00 million for the quarter, compared to analysts’ expectations of $417.61 million. During the same quarter in the previous year, the business posted $0.15 EPS. equities analysts forecast that Moneygram International, Inc. will post 0.66 earnings per share for the current fiscal year.

About Moneygram International

MoneyGram International, Inc (MoneyGram) is a global provider of money transfer services. The Company operates through two segments: Global Funds Transfer and Financial Paper Products. The Company offers its services under the MoneyGram brand. The Company’s Global Funds Transfer Segment provides money transfer services and bill payment services primarily to unbanked and underbanked consumers.

Institutional Ownership by Quarter for Moneygram International (NASDAQ:MGI)

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