WINTON GROUP Ltd Trims Stock Holdings in StoneX Group Inc. $SNEX

WINTON GROUP Ltd decreased its holdings in shares of StoneX Group Inc. (NASDAQ:SNEX) by 13.2% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 47,760 shares of the company’s stock after selling 7,257 shares during the quarter. WINTON GROUP Ltd owned about 0.09% of StoneX Group worth $4,353,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently made changes to their positions in the stock. Vanguard Group Inc. raised its stake in shares of StoneX Group by 51.3% during the 1st quarter. Vanguard Group Inc. now owns 2,881,228 shares of the company’s stock valued at $220,068,000 after purchasing an additional 976,587 shares during the period. American Century Companies Inc. boosted its stake in StoneX Group by 93.6% in the 1st quarter. American Century Companies Inc. now owns 1,963,717 shares of the company’s stock worth $149,989,000 after purchasing an additional 949,486 shares during the period. Dimensional Fund Advisors LP grew its holdings in StoneX Group by 41.8% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,923,494 shares of the company’s stock valued at $146,915,000 after buying an additional 567,196 shares in the last quarter. Ameriprise Financial Inc. increased its position in shares of StoneX Group by 82.8% during the first quarter. Ameriprise Financial Inc. now owns 914,212 shares of the company’s stock valued at $69,828,000 after buying an additional 414,204 shares during the period. Finally, Lord Abbett & CO. LLC bought a new stake in shares of StoneX Group during the first quarter valued at about $26,041,000. 75.93% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the stock. Zacks Research cut shares of StoneX Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 6th. Weiss Ratings reissued a “hold (c+)” rating on shares of StoneX Group in a report on Monday, December 1st. One analyst has rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold”.

Insider Buying and Selling at StoneX Group

In related news, Director John Moore Fowler sold 1,125 shares of the firm’s stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $91.20, for a total transaction of $102,600.00. Following the transaction, the director directly owned 114,769 shares of the company’s stock, valued at approximately $10,466,932.80. This trade represents a 0.97% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 11.70% of the company’s stock.

StoneX Group Stock Performance

NASDAQ SNEX opened at $91.77 on Tuesday. StoneX Group Inc. has a 52-week low of $60.58 and a 52-week high of $106.98. The company has a fifty day moving average of $93.46 and a 200-day moving average of $92.98. The company has a market capitalization of $4.79 billion, a P/E ratio of 15.57 and a beta of 0.44. The company has a debt-to-equity ratio of 1.56, a quick ratio of 1.35 and a current ratio of 1.72.

StoneX Group (NASDAQ:SNEX) last released its earnings results on Monday, November 24th. The company reported $1.57 EPS for the quarter, missing analysts’ consensus estimates of $1.58 by ($0.01). StoneX Group had a net margin of 0.23% and a return on equity of 15.27%. The firm had revenue of $1.32 billion during the quarter, compared to the consensus estimate of $1.04 billion. During the same period in the prior year, the company earned $2.32 EPS. As a group, equities research analysts predict that StoneX Group Inc. will post 8.7 EPS for the current fiscal year.

StoneX Group Company Profile

StoneX Group Inc operates as a global financial services network that connects companies, organizations, traders, and investors to market ecosystem worldwide. The company operates through Commercial, Institutional, Retail, and Global Payments segments. The 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.