The stock of INTL Fcstone Inc (NASDAQ:INTL) hit a new 52-week high and has $60.10 target or 52.00% above today’s $39.54 share price. The 8 months bullish chart indicates low risk for the $723.66M company. The 1-year high was reported on Nov, 17 by Barchart.com. If the $60.10 price target is reached, the company will be worth $376.30M 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 65,250 shares traded hands or 1.43% up from the average. INTL Fcstone Inc (NASDAQ:INTL) has risen 47.81% since April 15, 2016 and is uptrending. It has outperformed by 43.19% 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 decreased to 1 in Q2 2016. Its down 0.19, from 1.19 in 2016Q1. The ratio worsened, as 10 funds sold all INTL Fcstone Inc shares owned while 38 reduced positions. 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.
Moreover, Advisory Lc has 0% invested in INTL Fcstone Inc (NASDAQ:INTL) for 400 shares. Prudential last reported 0.01% of its portfolio in the stock. Dimensional Fund Advsrs Lp has 856,841 shares for 0.01% of their US portfolio. Wellington Management Gp Llp holds 0.01% or 945,566 shares in its portfolio. Us Natl Bank De holds 98 shares or 0% of its portfolio. Citigroup owns 8,821 shares or 0% of their US portfolio. Moreover, Creative Planning has 0% invested in INTL Fcstone Inc (NASDAQ:INTL) for 1,478 shares. State Street Corporation has 308,495 shares for 0% of their US portfolio. Amer Group Incorporated has 11,208 shares for 0% of their US portfolio. Moreover, Arizona State Retirement Systems has 0% invested in INTL Fcstone Inc (NASDAQ:INTL) for 7,800 shares. Allianz Asset Management Ag has 35,396 shares for 0% of their US portfolio. Next Financial Incorporated reported 500 shares or 0% of all its holdings. Blackrock Limited has invested 0% of its portfolio in INTL Fcstone Inc (NASDAQ:INTL). Blackrock Fund Advsrs holds 0.01% of its portfolio in INTL Fcstone Inc (NASDAQ:INTL) for 1.06M shares. Teachers Retirement Of The State Of Kentucky reported 5,400 shares or 0% of all its holdings.
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.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.