INTL Fcstone (NASDAQ:INTL) Upgraded by BidaskClub to “Hold”

BidaskClub upgraded shares of INTL Fcstone (NASDAQ:INTL) from a sell rating to a hold rating in a research note issued to investors on Friday morning, BidAskClub reports.

INTL has been the subject of a number of other reports. TheStreet cut shares of INTL Fcstone from a b- rating to a c rating in a research report on Wednesday, May 8th. ValuEngine cut shares of INTL Fcstone from a hold rating to a sell rating in a research report on Wednesday, May 15th.

Shares of INTL stock opened at $37.60 on Friday. The company has a current ratio of 1.88, a quick ratio of 1.29 and a debt-to-equity ratio of 2.81. The stock’s fifty day moving average price is $38.73. The firm has a market capitalization of $745.99 million, a P/E ratio of 9.29 and a beta of 1.63. INTL Fcstone has a 12 month low of $34.10 and a 12 month high of $57.00.

INTL Fcstone (NASDAQ:INTL) last issued its earnings results on Tuesday, May 7th. The financial services provider reported $1.21 EPS for the quarter. INTL Fcstone had a net margin of 0.30% and a return on equity of 15.53%. The firm had revenue of $165.20 million during the quarter.

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Punch & Associates Investment Management Inc. lifted its position in INTL Fcstone by 1.4% in the first quarter. Punch & Associates Investment Management Inc. now owns 598,340 shares of the financial services provider’s stock valued at $23,192,000 after acquiring an additional 8,201 shares during the last quarter. FMR LLC raised its holdings in shares of INTL Fcstone by 1.7% in the first quarter. FMR LLC now owns 504,731 shares of the financial services provider’s stock valued at $19,564,000 after buying an additional 8,493 shares during the last quarter. Geode Capital Management LLC raised its holdings in shares of INTL Fcstone by 6.4% in the fourth quarter. Geode Capital Management LLC now owns 273,071 shares of the financial services provider’s stock valued at $9,988,000 after buying an additional 16,340 shares during the last quarter. Principal Financial Group Inc. raised its holdings in shares of INTL Fcstone by 0.5% in the fourth quarter. Principal Financial Group Inc. now owns 128,938 shares of the financial services provider’s stock valued at $4,717,000 after buying an additional 704 shares during the last quarter. Finally, Bank of America Corp DE raised its holdings in shares of INTL Fcstone by 687.1% in the fourth quarter. Bank of America Corp DE now owns 73,017 shares of the financial services provider’s stock valued at $2,671,000 after buying an additional 63,740 shares during the last quarter. 70.51% of the stock is owned by hedge funds and other institutional investors.

About INTL Fcstone

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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