The stock of INTL Fcstone Inc (NASDAQ:INTL) hit a new 52-week high and has $41.83 target or 5.00% above today’s $39.84 share price. The 8 months bullish chart indicates low risk for the $744.97M company. The 1-year high was reported on Nov, 22 by Barchart.com. If the $41.83 price target is reached, the company will be worth $37.25M more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock. About 25,117 shares traded hands. INTL Fcstone Inc (NASDAQ:INTL) has risen 42.86% since April 20, 2016 and is uptrending. It has outperformed by 38.30% the S&P500.
Analysts await INTL Fcstone Inc (NASDAQ:INTL) to report earnings on December, 14.
According to Zacks Investment Research, “INTL FCStone Incorporation, formerly known as INTL Asset Holding, provides execution and advisory services in commodities, currencies and international securities. Services offered by the Company includes integrated risk management program; exchange and over-the-counter execution and clearing services; physical trading in base metals, precious metals, and grains; foreign exchange and currency payment service; asset management; equities market-making; securities execution and trading; and investment banking advisory services. INTL FCStone Incorporation is headquartered in New York, New York.”
Insitutional Activity: The institutional sentiment is 1 in Q2 2016. Its the same as in 2016Q1. The ratio is the same, as 10 funds sold all INTL Fcstone Inc shares owned while 38 reduced positions. only 10 funds bought stakes while 38 increased positions. They now own 10.95 million shares or 2.96% less from 11.29 million shares in 2016Q1.
Geode Capital Management Limited Liability Co has invested 0% of its portfolio in INTL Fcstone Inc (NASDAQ:INTL). Aqr Capital Management Limited Liability, a Connecticut-based fund reported 146,720 shares. The Ontario – Canada-based Manufacturers Life Ins The has invested 0% in INTL Fcstone Inc (NASDAQ:INTL). The New York-based Metropolitan Life New York has invested 0% in INTL Fcstone Inc (NASDAQ:INTL). Ameriprise Fincl last reported 300,572 shares in the company. Moreover, First Tru Advisors Ltd Partnership has 0% invested in INTL Fcstone Inc (NASDAQ:INTL) for 11,654 shares. Ubs Asset Mngmt Americas Incorporated holds 12,438 shares or 0% of its portfolio. Private Management Ltd Llc has 1.14 million shares for 4.54% of their US portfolio. Arizona State Retirement accumulated 7,800 shares or 0% of the stock. Advisory Networks Limited Liability Company has 400 shares for 0% of their US portfolio. Blackrock Fund Advisors has 1.06M shares for 0.01% of their US portfolio. Barclays Public Llc last reported 0% of its portfolio in the stock. Moreover, American International Group has 0% invested in INTL Fcstone Inc (NASDAQ:INTL) for 11,208 shares. Chicago Equity Prns Ltd Liability Co reported 86,870 shares or 0.07% of all its holdings. Teacher Retirement Systems Of Texas has 0% invested in the company for 2,122 shares.
More notable recent INTL Fcstone Inc (NASDAQ:INTL) news were published by: Marketwatch.com which released: “Intel forecasts charges of $2.3 billion through 2017” on April 20, 2011, also Globenewswire.com with their article: “INTL FCStone Inc. Substantially Completes the Acquisition of the Correspondent …” published on July 05, 2016, Quotes.Wsj.com published: “INTL FCStone Inc. INTL (US: Nasdaq)” on February 11, 2011. More interesting news about INTL Fcstone Inc (NASDAQ:INTL) were released by: Globenewswire.com and their article: “INTL FCStone Inc. Agrees to Acquire Correspondent Clearing and Independent …” published on June 27, 2016 as well as Globenewswire.com‘s news article titled: “INTL FCStone Inc. Completes Acquisition of Correspondent Clearing and …” with publication date: August 02, 2016.
INTL Company Profile
INTL FCStone Inc., incorporated on October 26, 1987, is a financial services organization. The Firm provides financial products, and advisory and execution service. The Firm operates through five divisions: Commercial Hedging, Global Payments, Securities, Physical Commodities, and Clearing and Execution Services (CES). The Firm focuses on the development of financial services in commodities, securities, global payments, foreign exchange and other markets. The Company’s services include risk management advisory services for commercial customers; execution of listed futures and options on futures contracts on commodity exchanges; structured over-the-counter (OTC) products in a range of commodities; physical trading and hedging of precious and base metals and select other commodities; trading of approximately 150 foreign currencies; market-making in international equities; fixed income, and debt origination and asset management. The Company’s clients include producers, processors and end users of physical commodities; commercial counterparties who are end users of its services and products; governmental and non-governmental organizations, and commercial banks, asset managers, insurance companies, brokers, institutional investors and investment banks.
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