WINTON GROUP Ltd Sells 7,257 Shares of StoneX Group Inc. $SNEX

WINTON GROUP Ltd trimmed its holdings in shares of StoneX Group Inc. (NASDAQ:SNEX) by 13.2% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 47,760 shares of the company’s stock after selling 7,257 shares during the period. WINTON GROUP Ltd’s holdings in StoneX Group were worth $4,353,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Cetera Investment Advisers lifted its stake in shares of StoneX Group by 179.8% in the 1st quarter. Cetera Investment Advisers now owns 15,940 shares of the company’s stock valued at $1,217,000 after acquiring an additional 10,244 shares during the last quarter. LPL Financial LLC increased its stake in StoneX Group by 58.8% in the 1st quarter. LPL Financial LLC now owns 37,777 shares of the company’s stock worth $2,885,000 after purchasing an additional 13,982 shares during the period. US Bancorp DE lifted its position in StoneX Group by 32.9% in the first quarter. US Bancorp DE now owns 1,695 shares of the company’s stock valued at $129,000 after purchasing an additional 420 shares during the last quarter. PNC Financial Services Group Inc. boosted its stake in shares of StoneX Group by 48.9% during the first quarter. PNC Financial Services Group Inc. now owns 10,910 shares of the company’s stock valued at $833,000 after purchasing an additional 3,582 shares during the period. Finally, Blair William & Co. IL bought a new position in shares of StoneX Group in the first quarter worth approximately $252,000. 75.93% of the stock is owned by institutional investors.

StoneX Group Stock Performance

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

StoneX Group (NASDAQ:SNEX) last issued its quarterly earnings data on Monday, November 24th. The company reported $1.57 earnings per share (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 company had revenue of $1.32 billion for the quarter, compared to analysts’ expectations of $1.04 billion. During the same period in the previous year, the firm posted $2.32 earnings per share. As a group, research analysts expect that StoneX Group Inc. will post 8.7 earnings per share for the current year.

Wall Street Analysts Forecast Growth

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

Insider Activity

In related news, Director John Moore Fowler sold 1,125 shares of the stock in a transaction dated Monday, November 3rd. The shares were sold at an average price of $91.20, for a total value of $102,600.00. Following the completion of the transaction, the director directly owned 114,769 shares of the company’s stock, valued at $10,466,932.80. This represents a 0.97% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 11.70% of the stock is owned by corporate insiders.

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.