Everence Capital Management Inc. Grows Holdings in StoneX Group Inc. (NASDAQ:SNEX)

Everence Capital Management Inc. boosted its holdings in StoneX Group Inc. (NASDAQ:SNEX) by 50.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,615 shares of the company’s stock after purchasing an additional 1,205 shares during the quarter. Everence Capital Management Inc.’s holdings in StoneX Group were worth $267,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the company. Price T Rowe Associates Inc. MD raised its position in StoneX Group by 1.2% during the 2nd quarter. Price T Rowe Associates Inc. MD now owns 10,316 shares of the company’s stock worth $805,000 after buying an additional 123 shares during the last quarter. UBS Group AG raised its position in StoneX Group by 2.4% during the 1st quarter. UBS Group AG now owns 7,761 shares of the company’s stock worth $803,000 after buying an additional 179 shares during the last quarter. Captrust Financial Advisors raised its position in StoneX Group by 0.8% during the 1st quarter. Captrust Financial Advisors now owns 27,131 shares of the company’s stock worth $2,014,000 after buying an additional 207 shares during the last quarter. Tower Research Capital LLC TRC raised its position in StoneX Group by 160.9% during the 1st quarter. Tower Research Capital LLC TRC now owns 420 shares of the company’s stock worth $43,000 after buying an additional 259 shares during the last quarter. Finally, Legal & General Group Plc raised its position in StoneX Group by 0.5% during the 3rd quarter. Legal & General Group Plc now owns 50,481 shares of the company’s stock worth $4,893,000 after buying an additional 263 shares during the last quarter. Hedge funds and other institutional investors own 75.93% of the company’s stock.

Insider Transactions at StoneX Group

In other news, CEO Philip Andrew Smith sold 7,000 shares of the company’s stock in a transaction on Thursday, March 21st. The shares were sold at an average price of $69.73, for a total transaction of $488,110.00. Following the transaction, the chief executive officer now directly owns 233,898 shares of the company’s stock, valued at approximately $16,309,707.54. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. In other news, CEO Philip Andrew Smith sold 7,000 shares of the company’s stock in a transaction on Thursday, March 21st. The shares were sold at an average price of $69.73, for a total transaction of $488,110.00. Following the transaction, the chief executive officer now directly owns 233,898 shares of the company’s stock, valued at approximately $16,309,707.54. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Charles M. Lyon sold 15,552 shares of the company’s stock in a transaction on Tuesday, February 13th. The stock was sold at an average price of $65.11, for a total transaction of $1,012,590.72. Following the transaction, the chief executive officer now directly owns 61,557 shares in the company, valued at $4,007,976.27. The disclosure for this sale can be found here. Insiders have sold a total of 56,348 shares of company stock valued at $3,769,436 in the last ninety days. 16.24% of the stock is currently owned by company insiders.

StoneX Group Stock Up 1.1 %

Shares of StoneX Group stock opened at $64.82 on Friday. The company has a market cap of $2.05 billion, a P/E ratio of 9.04 and a beta of 0.87. The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.20 and a current ratio of 1.59. StoneX Group Inc. has a one year low of $49.62 and a one year high of $74.01. The firm has a fifty day moving average of $67.50 and a two-hundred day moving average of $66.19.

StoneX Group (NASDAQ:SNEX) last posted its quarterly earnings results on Tuesday, February 6th. The company reported $2.16 earnings per share for the quarter, topping analysts’ consensus estimates of $1.70 by $0.46. StoneX Group had a net margin of 0.34% and a return on equity of 17.48%. The business had revenue of $784.20 million for the quarter, compared to analysts’ expectations of $781.80 million. On average, analysts forecast that StoneX Group Inc. will post 7.64 earnings per share for the current year.

About StoneX Group

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.