SG Americas Securities LLC purchased a new stake in shares of INTL Fcstone Inc (NASDAQ:INTL) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 5,496 shares of the financial services provider’s stock, valued at approximately $284,000.

Several other institutional investors have also recently added to or reduced their stakes in the business. BlackRock Inc. grew its stake in shares of INTL Fcstone by 4.7% during the 1st 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 during the period. Cove Street Capital LLC grew its stake in shares of INTL Fcstone by 28.6% during the 1st quarter. Cove Street Capital LLC now owns 534,672 shares of the financial services provider’s stock valued at $22,819,000 after purchasing an additional 118,800 shares during the period. OppenheimerFunds Inc. grew its stake in shares of INTL Fcstone by 31.5% during the 1st quarter. OppenheimerFunds Inc. now owns 408,617 shares of the financial services provider’s stock valued at $17,440,000 after purchasing an additional 97,849 shares during the period. Russell Investments Group Ltd. grew its stake in shares of INTL Fcstone by 3.2% during the 1st quarter. Russell Investments Group Ltd. now owns 131,347 shares of the financial services provider’s stock valued at $5,606,000 after purchasing an additional 4,036 shares during the period. Finally, Principal Financial Group Inc. grew its stake in shares of INTL Fcstone by 3.1% during the 1st quarter. Principal Financial Group Inc. now owns 119,888 shares of the financial services provider’s stock valued at $5,117,000 after purchasing an additional 3,621 shares during the period. Institutional investors and hedge funds own 73.21% of the company’s stock.

INTL has been the subject of a number of recent research reports. BidaskClub downgraded INTL Fcstone from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, August 1st. ValuEngine downgraded INTL Fcstone from a “buy” rating to a “hold” rating in a research note on Monday, July 2nd.

Shares of NASDAQ:INTL opened at $48.47 on Monday. The company has a market cap of $916.41 million, a P/E ratio of 25.38 and a beta of 1.78. The company has a quick ratio of 0.99, a current ratio of 1.43 and a debt-to-equity ratio of 0.42. INTL Fcstone Inc has a 12-month low of $35.80 and a 12-month high of $57.00.

INTL Fcstone (NASDAQ:INTL) last announced its quarterly earnings data on Monday, August 6th. The financial services provider reported $1.25 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.96 by $0.29. The company had revenue of $259.80 million during the quarter. INTL Fcstone had a return on equity of 7.95% and a net margin of 0.05%.

In related news, Director Paul G. Anderson sold 3,000 shares of the business’s stock in a transaction that occurred on Monday, July 2nd. The stock was sold at an average price of $51.56, for a total transaction of $154,680.00. Following the completion of the transaction, the director now directly owns 24,187 shares in the company, valued at approximately $1,247,081.72. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CFO William J. Dunaway sold 2,500 shares of the business’s stock in a transaction that occurred on Wednesday, July 18th. The shares were sold at an average price of $55.00, for a total value of $137,500.00. Following the transaction, the chief financial officer now owns 31,058 shares of the company’s stock, valued at $1,708,190. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 19,820 shares of company stock valued at $1,049,490. 20.48% of the stock is currently owned by corporate insiders.

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.

Further Reading: What Is An Exchange-Traded Fund (ETF)?

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

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