TheStreet cut shares of INTL FCStone (NASDAQ:INTL) from a b rating to a c rating in a research report released on Thursday morning.

Separately, BidaskClub cut shares of INTL FCStone from a buy rating to a hold rating in a research note on Friday.

Shares of INTL FCStone (INTL) opened at $41.89 on Thursday. INTL FCStone has a 12 month low of $33.11 and a 12 month high of $44.91. The stock has a market cap of $784.16, a price-to-earnings ratio of 135.13 and a beta of 1.70. The company has a current ratio of 1.41, a quick ratio of 0.99 and a debt-to-equity ratio of 0.25.

INTL FCStone (NASDAQ:INTL) last announced its quarterly earnings data on Wednesday, December 13th. The financial services provider reported ($1.27) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.97 by ($2.24). INTL FCStone had a net margin of 0.02% and a return on equity of 1.41%. The company had revenue of $131.10 million for the quarter. During the same period in the previous year, the company earned $0.90 earnings per share.

INTL FCStone declared that its board has authorized a stock buyback plan on Monday, August 21st that allows the company to buyback 1,000,000 outstanding shares. This buyback authorization allows the financial services provider to reacquire shares of its stock through open market purchases. Stock buyback plans are generally a sign that the company’s management believes its stock is undervalued.

Large investors have recently bought and sold shares of the stock. SG Americas Securities LLC acquired a new position in shares of INTL FCStone during the 3rd quarter valued at $166,000. BNP Paribas Arbitrage SA lifted its holdings in shares of INTL FCStone by 61.1% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 4,412 shares of the financial services provider’s stock valued at $167,000 after acquiring an additional 1,674 shares in the last quarter. Los Angeles Capital Management & Equity Research Inc. acquired a new position in shares of INTL FCStone during the 3rd quarter valued at $275,000. Crossmark Global Holdings Inc. acquired a new position in shares of INTL FCStone during the 3rd quarter valued at $316,000. Finally, Thrivent Financial For Lutherans lifted its holdings in shares of INTL FCStone by 6.2% during the 2nd 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 in the last quarter. Institutional investors and hedge funds own 65.13% of the company’s stock.

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INTL FCStone Company Profile

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.

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