XTX Topco Ltd Takes $527,000 Position in International Money Express, Inc. $IMXI

XTX Topco Ltd bought a new stake in International Money Express, Inc. (NASDAQ:IMXI) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 52,193 shares of the company’s stock, valued at approximately $527,000.

A number of other hedge funds also recently modified their holdings of the business. Hotchkis & Wiley Capital Management LLC lifted its holdings in International Money Express by 92.8% during the 1st quarter. Hotchkis & Wiley Capital Management LLC now owns 537,740 shares of the company’s stock worth $6,786,000 after buying an additional 258,820 shares during the period. Breach Inlet Capital Management LLC increased its position in International Money Express by 32.8% during the 1st quarter. Breach Inlet Capital Management LLC now owns 679,132 shares of the company’s stock valued at $8,571,000 after purchasing an additional 167,887 shares during the period. Voss Capital LP raised its holdings in International Money Express by 6.7% during the 1st quarter. Voss Capital LP now owns 1,947,854 shares of the company’s stock worth $24,582,000 after purchasing an additional 122,854 shares during the last quarter. American Century Companies Inc. lifted its position in shares of International Money Express by 45.7% in the 1st quarter. American Century Companies Inc. now owns 367,139 shares of the company’s stock worth $4,633,000 after purchasing an additional 115,239 shares during the period. Finally, Doma Perpetual Capital Management LLC acquired a new position in shares of International Money Express in the 1st quarter worth approximately $1,029,000. Institutional investors and hedge funds own 86.71% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on IMXI. Northland Capmk downgraded shares of International Money Express from a “strong-buy” rating to a “hold” rating in a research note on Monday, August 11th. Zacks Research upgraded International Money Express from a “strong sell” rating to a “hold” rating in a report on Friday, October 10th. Weiss Ratings reissued a “sell (d)” rating on shares of International Money Express in a research note on Monday, November 24th. Finally, Wall Street Zen upgraded International Money Express from a “hold” rating to a “buy” rating in a research report on Saturday, August 16th. One investment analyst has rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, International Money Express currently has a consensus rating of “Hold” and a consensus price target of $14.33.

International Money Express Trading Down 0.1%

IMXI opened at $15.35 on Friday. The company has a fifty day moving average price of $14.83 and a two-hundred day moving average price of $12.85. International Money Express, Inc. has a 1-year low of $8.58 and a 1-year high of $22.30. The company has a market cap of $456.20 million, a P/E ratio of 11.99 and a beta of 0.87. The company has a current ratio of 2.03, a quick ratio of 2.03 and a debt-to-equity ratio of 1.17.

International Money Express Company Profile

International Money Express, Inc, together with its subsidiaries, operates as an omnichannel money remittance services company in the United States, Latin America, Mexico, Central and South America, the Caribbean, Africa, and Asia. The company offers remittance services, which include a suite of ancillary financial processing solutions and payment services; and online payment options, pre-paid debit cards, and direct deposit payroll cards.