Janus Henderson Group PLC Has $4.61 Million Position in International Money Express, Inc. $IMXI

Janus Henderson Group PLC lessened its position in International Money Express, Inc. (NASDAQ:IMXI) by 28.8% during the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 291,437 shares of the company’s stock after selling 117,849 shares during the period. Janus Henderson Group PLC’s holdings in International Money Express were worth $4,605,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Alliancebernstein L.P. raised its stake in shares of International Money Express by 6,041.0% in the third quarter. Alliancebernstein L.P. now owns 2,060,904 shares of the company’s stock worth $28,791,000 after acquiring an additional 2,027,344 shares during the last quarter. Magnetar Financial LLC grew its stake in shares of International Money Express by 2.4% during the fourth quarter. Magnetar Financial LLC now owns 1,916,571 shares of the company’s stock valued at $29,439,000 after purchasing an additional 44,596 shares during the last quarter. Man Group plc increased its holdings in shares of International Money Express by 103.4% in the fourth quarter. Man Group plc now owns 1,153,023 shares of the company’s stock valued at $17,710,000 after purchasing an additional 586,044 shares in the last quarter. Fort Baker Capital Management LP bought a new position in International Money Express in the 4th quarter worth approximately $14,616,000. Finally, Capula Management Ltd acquired a new position in International Money Express during the 1st quarter worth $9,957,000. Institutional investors own 86.71% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently commented on IMXI shares. Wall Street Zen cut International Money Express from a “hold” rating to a “sell” rating in a research note on Saturday, July 4th. Weiss Ratings lowered International Money Express from a “hold (c)” rating to a “sell (d+)” rating in a research note on Tuesday, May 12th. Two research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Reduce”.

International Money Express Price Performance

IMXI opened at $12.19 on Friday. The company has a fifty day moving average price of $14.00 and a two-hundred day moving average price of $15.08. The firm has a market capitalization of $366.80 million, a PE ratio of 14.34 and a beta of 0.76. International Money Express, Inc. has a 52 week low of $9.19 and a 52 week high of $15.95. The company has a debt-to-equity ratio of 1.57, a quick ratio of 2.84 and a current ratio of 2.84.

International Money Express (NASDAQ:IMXI) last posted its quarterly earnings results on Monday, May 11th. The company reported $0.13 earnings per share for the quarter, missing analysts’ consensus estimates of $0.41 by ($0.28). International Money Express had a net margin of 4.34% and a return on equity of 23.26%. The company had revenue of $121.95 million during the quarter, compared to analyst estimates of $141.02 million. As a group, analysts anticipate that International Money Express, Inc. will post 1.95 earnings per share for the current year.

International Money Express Company Profile

International Money Express, Inc (NASDAQ: IMXI) is a U.S.-based financial services company specializing in cross-border money transfers and digital payment solutions. Through its proprietary IMX platform, the company enables person-to-person transfers, bill payments and cash disbursement services. Its digital offerings include a mobile app and web portal that allow customers to send funds securely to relatives and businesses in multiple countries.

The company operates a network of thousands of agent locations across key remittance corridors in Latin America, the Caribbean and parts of the Asia-Pacific region.