INTL FCStone Inc. (NASDAQ:INTL) was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating in a report released on Saturday.

Shares of INTL FCStone (NASDAQ:INTL) opened at 36.66 on Friday. The company has a market capitalization of $685.65 million, a price-to-earnings ratio of 14.79 and a beta of 1.65. INTL FCStone has a 1-year low of $32.92 and a 1-year high of $44.71. The stock has a 50 day moving average of $38.24 and a 200-day moving average of $37.10.

INTL FCStone (NASDAQ:INTL) last announced its earnings results on Tuesday, August 8th. The financial services provider reported $0.66 EPS for the quarter, missing the Zacks’ consensus estimate of $1.04 by $0.38. INTL FCStone had a net margin of 0.24% and a return on equity of 9.50%. The business had revenue of $197.60 million for the quarter. Analysts forecast that INTL FCStone will post $3.25 earnings per share for the current year.

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A number of institutional investors have recently modified their holdings of the company. Dimensional Fund Advisors LP increased its stake in INTL FCStone by 0.3% in the second quarter. Dimensional Fund Advisors LP now owns 886,001 shares of the financial services provider’s stock worth $33,456,000 after buying an additional 2,605 shares in the last quarter. Cove Street Capital LLC bought a new position in shares of INTL FCStone during the second quarter worth about $4,068,000. Parametric Portfolio Associates LLC increased its position in shares of INTL FCStone by 93.5% in the second quarter. Parametric Portfolio Associates LLC now owns 80,420 shares of the financial services provider’s stock worth $3,037,000 after buying an additional 38,870 shares during the period. California Public Employees Retirement System increased its position in shares of INTL FCStone by 15.3% in the second quarter. California Public Employees Retirement System now owns 17,300 shares of the financial services provider’s stock worth $653,000 after buying an additional 2,300 shares during the period. Finally, Northern Trust Corp increased its position in shares of INTL FCStone by 3.0% in the second quarter. Northern Trust Corp now owns 198,110 shares of the financial services provider’s stock worth $7,481,000 after buying an additional 5,756 shares during the period. 65.39% of the stock is owned by institutional investors and hedge funds.

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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