Cove Street Capital LLC lessened its holdings in shares of StoneX Group Inc. (NASDAQ:SNEX – Get Rating) by 6.1% in the fourth quarter, Holdings Channel.com reports. The fund owned 127,673 shares of the company’s stock after selling 8,360 shares during the quarter. StoneX Group comprises 3.3% of Cove Street Capital LLC’s holdings, making the stock its 9th largest holding. Cove Street Capital LLC’s holdings in StoneX Group were worth $12,168,000 as of its most recent filing with the SEC.
A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. BlackRock Inc. boosted its position in shares of StoneX Group by 0.4% during the first quarter. BlackRock Inc. now owns 2,811,710 shares of the company’s stock worth $208,713,000 after purchasing an additional 11,780 shares in the last quarter. Vanguard Group Inc. lifted its position in StoneX Group by 1.2% in the 3rd quarter. Vanguard Group Inc. now owns 1,155,670 shares of the company’s stock valued at $95,852,000 after acquiring an additional 14,158 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in StoneX Group by 1.1% in the 4th quarter. Dimensional Fund Advisors LP now owns 851,087 shares of the company’s stock valued at $81,110,000 after acquiring an additional 8,931 shares in the last quarter. State Street Corp lifted its position in StoneX Group by 0.9% during the 3rd quarter. State Street Corp now owns 636,961 shares of the company’s stock worth $52,830,000 after buying an additional 5,376 shares in the last quarter. Finally, Private Capital Management LLC lifted its position in StoneX Group by 2.2% during the 2nd quarter. Private Capital Management LLC now owns 435,424 shares of the company’s stock worth $33,994,000 after buying an additional 9,200 shares in the last quarter. 75.53% of the stock is owned by institutional investors.
StoneX Group Stock Performance
Shares of StoneX Group stock traded up $0.21 during trading on Friday, hitting $82.74. 27,577 shares of the stock were exchanged, compared to its average volume of 112,451. The stock has a market capitalization of $1.72 billion, a price-to-earnings ratio of 7.91 and a beta of 0.92. The company has a fifty day moving average price of $94.57 and a 200-day moving average price of $95.67. StoneX Group Inc. has a 1-year low of $71.24 and a 1-year high of $106.35. The company has a current ratio of 1.49, a quick ratio of 1.10 and a debt-to-equity ratio of 0.89.
Insider Activity at StoneX Group
About StoneX Group
StoneX Group, Inc engages in the provision of brokerage and financial services. It operates through the following segments: Commercial Hedging, Global Payments, Securities, Physical Commodities, and Clearing and Execution Services. The Commercial Hedging segment offers risk management consulting services.
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