Kokino LLC Acquires Shares of 21,412 INTL Fcstone Inc (NASDAQ:INTL)

Kokino LLC acquired a new stake in INTL Fcstone Inc (NASDAQ:INTL) in the 2nd quarter, according to its most recent disclosure with the SEC. The fund acquired 21,412 shares of the financial services provider’s stock, valued at approximately $848,000. INTL Fcstone makes up about 2.8% of Kokino LLC’s portfolio, making the stock its 6th largest holding. Kokino LLC owned approximately 0.11% of INTL Fcstone at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in INTL. Marshall Wace North America L.P. acquired a new position in INTL Fcstone in the 1st quarter valued at $40,000. Bank of Montreal Can raised its holdings in shares of INTL Fcstone by 133.5% during the 2nd quarter. Bank of Montreal Can now owns 1,994 shares of the financial services provider’s stock worth $78,000 after buying an additional 1,140 shares in the last quarter. BNP Paribas Arbitrage SA raised its holdings in shares of INTL Fcstone by 300.4% during the 1st quarter. BNP Paribas Arbitrage SA now owns 3,243 shares of the financial services provider’s stock worth $126,000 after buying an additional 2,433 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS acquired a new position in shares of INTL Fcstone during the 1st quarter worth $213,000. Finally, Aperio Group LLC acquired a new position in shares of INTL Fcstone during the 2nd quarter worth $218,000. 71.55% of the stock is owned by hedge funds and other institutional investors.

Separately, BidaskClub raised INTL Fcstone from a “sell” rating to a “hold” rating in a report on Thursday.



In related news, VP Charles M. Lyon sold 3,973 shares of the business’s stock in a transaction on Wednesday, September 11th. The stock was sold at an average price of $42.97, for a total transaction of $170,719.81. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Scott J. Branch acquired 5,000 shares of INTL Fcstone stock in a transaction that occurred on Friday, August 23rd. The shares were purchased at an average price of $37.25 per share, for a total transaction of $186,250.00. Following the transaction, the director now directly owns 500,122 shares in the company, valued at $18,629,544.50. The disclosure for this purchase can be found here. Insiders have sold a total of 11,131 shares of company stock valued at $442,813 in the last three months. 18.65% of the stock is owned by insiders.

INTL Fcstone stock opened at $44.23 on Friday. The company has a debt-to-equity ratio of 2.47, a quick ratio of 1.37 and a current ratio of 1.91. INTL Fcstone Inc has a 52 week low of $34.10 and a 52 week high of $55.44. The stock has a market capitalization of $786.48 million, a P/E ratio of 10.83 and a beta of 1.67. The stock has a fifty day moving average of $38.66 and a 200-day moving average of $38.80.

INTL Fcstone (NASDAQ:INTL) last posted its quarterly earnings results on Thursday, August 8th. The financial services provider reported $0.84 EPS for the quarter. INTL Fcstone had a return on equity of 13.56% and a net margin of 0.27%. The company had revenue of $283.40 million during the quarter.

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.

Recommended Story: What Factors Can Affect Return on Equity?

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

Receive News & Ratings for INTL Fcstone Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for INTL Fcstone and related companies with MarketBeat.com's FREE daily email newsletter.