INTL Fcstone (INTL) Downgraded by BidaskClub to “Sell”

BidaskClub downgraded shares of INTL Fcstone (NASDAQ:INTL) from a hold rating to a sell rating in a research report report published on Thursday morning.

Separately, TheStreet lowered INTL Fcstone from a b rating to a c rating in a report on Thursday, December 14th.

INTL Fcstone (NASDAQ INTL) traded down $0.63 during trading hours on Thursday, hitting $39.08. The company had a trading volume of 58,817 shares, compared to its average volume of 115,305. INTL Fcstone has a 12-month low of $33.11 and a 12-month high of $44.91. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.99 and a current ratio of 1.42. The firm has a market capitalization of $758.87, a PE ratio of -99.35 and a beta of 1.70.

INTL Fcstone (NASDAQ:INTL) last posted its quarterly earnings results on Wednesday, December 13th. The financial services provider reported ($1.27) EPS for the quarter, missing the consensus estimate of $0.97 by ($2.24). INTL Fcstone had a negative net margin of 0.02% and a positive return on equity of 3.30%. The company had revenue of $131.10 million during the quarter. During the same period in the previous year, the company posted $0.90 earnings per share.

In other INTL Fcstone news, CEO Philip Andrew Smith sold 5,000 shares of INTL Fcstone stock in a transaction that occurred on Wednesday, January 17th. The stock was sold at an average price of $44.10, for a total value of $220,500.00. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Insiders sold a total of 11,246 shares of company stock worth $487,619 in the last ninety days. 20.48% of the stock is owned by corporate insiders.

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Shell Asset Management Co. acquired a new position in INTL Fcstone in the 4th quarter valued at $15,503,000. Arizona State Retirement System increased its holdings in shares of INTL Fcstone by 222.4% during the 4th quarter. Arizona State Retirement System now owns 26,115 shares of the financial services provider’s stock worth $1,111,000 after buying an additional 18,015 shares during the last quarter. Pinebridge Investments L.P. increased its holdings in shares of INTL Fcstone by 30.3% during the 4th quarter. Pinebridge Investments L.P. now owns 31,504 shares of the financial services provider’s stock worth $1,340,000 after buying an additional 7,320 shares during the last quarter. First Trust Advisors LP increased its holdings in shares of INTL Fcstone by 13.3% during the 4th quarter. First Trust Advisors LP now owns 13,989 shares of the financial services provider’s stock worth $595,000 after buying an additional 1,645 shares during the last quarter. Finally, Teacher Retirement System of Texas acquired a new stake in shares of INTL Fcstone during the 4th quarter worth $233,000. 64.80% of the stock is currently owned by institutional investors.

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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.

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