Oregon Public Employees Retirement Fund lessened its holdings in shares of StoneX Group Inc. (NASDAQ:SNEX – Get Rating) by 4.5% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 6,363 shares of the company’s stock after selling 300 shares during the quarter. Oregon Public Employees Retirement Fund’s holdings in StoneX Group were worth $390,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also modified their holdings of the stock. Assenagon Asset Management S.A. raised its position in StoneX Group by 118.9% during the fourth quarter. Assenagon Asset Management S.A. now owns 21,503 shares of the company’s stock valued at $1,317,000 after acquiring an additional 11,678 shares in the last quarter. Riverwater Partners LLC bought a new stake in shares of StoneX Group during the 4th quarter worth $844,000. Yousif Capital Management LLC acquired a new position in StoneX Group in the 4th quarter valued at $932,000. AltraVue Capital LLC raised its holdings in StoneX Group by 22.9% in the 4th quarter. AltraVue Capital LLC now owns 911,096 shares of the company’s stock worth $55,805,000 after acquiring an additional 169,645 shares during the period. Finally, Allspring Global Investments Holdings LLC acquired a new position in StoneX Group during the 4th quarter worth $802,000. 73.91% of the stock is currently owned by hedge funds and other institutional investors.
Separately, Zacks Investment Research cut shares of StoneX Group from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 12th.
StoneX Group (NASDAQ:SNEX – Get Rating) last released its quarterly earnings results on Monday, February 7th. The company reported $2.14 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.23 by $0.91. StoneX Group had a net margin of 0.29% and a return on equity of 15.78%. The company had revenue of $450.50 million during the quarter, compared to analysts’ expectations of $425.80 million. During the same period in the prior year, the company earned $0.98 earnings per share. Equities analysts expect that StoneX Group Inc. will post 6.58 EPS for the current fiscal year.
In related news, insider Diego Rotsztain bought 750 shares of StoneX Group stock in a transaction that occurred on Tuesday, March 8th. The stock was acquired at an average price of $66.24 per share, for a total transaction of $49,680.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Philip Andrew Smith sold 6,000 shares of the stock in a transaction dated Monday, February 14th. The shares were sold at an average price of $73.48, for a total transaction of $440,880.00. The disclosure for this sale can be found here. Insiders have sold 17,399 shares of company stock valued at $1,264,219 over the last 90 days. Corporate insiders own 15.98% of the company’s stock.
StoneX Group Profile (Get Rating)
StoneX Group Inc operates as a global financial services network that connects companies, organizations, traders, and investors to market ecosystem worldwide. Its Commercial segment provides risk management and hedging, exchange-traded and OTC products execution and clearing, voice brokerage, market intelligence, physical trading, and commodity financing and logistics services.
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