7,657 Shares in StoneX Group Inc. $SNEX Purchased by Dupont Capital Management Corp

Dupont Capital Management Corp acquired a new position in StoneX Group Inc. (NASDAQ:SNEX) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 7,657 shares of the company’s stock, valued at approximately $773,000.

Several other institutional investors have also added to or reduced their stakes in SNEX. Hennessy Advisors Inc. grew its stake in shares of StoneX Group by 383.8% during the third quarter. Hennessy Advisors Inc. now owns 542,800 shares of the company’s stock valued at $54,779,000 after buying an additional 430,600 shares during the last quarter. American Century Companies Inc. boosted its holdings in StoneX Group by 19.8% during the 2nd quarter. American Century Companies Inc. now owns 2,352,849 shares of the company’s stock valued at $214,439,000 after acquiring an additional 389,132 shares during the period. Goldentree Asset Management LP bought a new position in StoneX Group in the 2nd quarter valued at $32,482,000. JPMorgan Chase & Co. increased its stake in StoneX Group by 71.9% in the second quarter. JPMorgan Chase & Co. now owns 612,325 shares of the company’s stock worth $55,807,000 after purchasing an additional 256,081 shares during the period. Finally, Loomis Sayles & Co. L P bought a new stake in shares of StoneX Group during the second quarter worth $13,813,000. Institutional investors own 75.93% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on SNEX shares. Weiss Ratings restated a “hold (c+)” rating on shares of StoneX Group in a report on Monday. Zacks Research downgraded shares of StoneX Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 6th. One investment analyst has rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold”.

Insider Buying and Selling

In other StoneX Group news, insider Diego Rotsztain sold 2,477 shares of the company’s stock in a transaction on Thursday, December 18th. The stock was sold at an average price of $94.91, for a total transaction of $235,092.07. Following the completion of the sale, the insider owned 17,527 shares in the company, valued at $1,663,487.57. This represents a 12.38% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director John Moore Fowler sold 1,125 shares of StoneX Group stock in a transaction on 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 owned 114,769 shares in the company, valued at $10,466,932.80. This represents a 0.97% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 6,979 shares of company stock valued at $659,070 over the last 90 days. Corporate insiders own 11.70% of the company’s stock.

StoneX Group Stock Down 2.6%

NASDAQ:SNEX opened at $95.13 on Friday. The company has a debt-to-equity ratio of 1.56, a current ratio of 1.72 and a quick ratio of 1.35. StoneX Group Inc. has a 1-year low of $64.42 and a 1-year high of $106.98. The company has a 50-day moving average of $92.41 and a 200 day moving average of $94.37. The firm has a market cap of $4.97 billion, a PE ratio of 16.14 and a beta of 0.46.

StoneX Group (NASDAQ:SNEX) last posted 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 business had revenue of $1.32 billion for the quarter, compared to analysts’ expectations of $1.04 billion. During the same period last year, the business posted $2.32 EPS. As a group, research analysts anticipate that StoneX Group Inc. will post 8.7 EPS for the current fiscal year.

About StoneX Group

StoneX Group Inc (NASDAQ: SNEX) is a global financial services firm offering execution, risk management, advisory and post-trade solutions across commodities, currencies, securities and digital assets. The company serves commercial businesses, institutional clients and financial intermediaries, providing market access and tailored services designed to help clients manage price risk, optimize working capital and execute complex transactions.

StoneX operates through several core segments.