MRP Capital Investments LLC Boosts Stock Holdings in StoneX Group Inc. (NASDAQ:SNEX)

MRP Capital Investments LLC grew its position in StoneX Group Inc. (NASDAQ:SNEX) by 39.1% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 16,803 shares of the company’s stock after purchasing an additional 4,725 shares during the period. StoneX Group comprises about 1.2% of MRP Capital Investments LLC’s portfolio, making the stock its 26th largest position. MRP Capital Investments LLC owned about 0.05% of StoneX Group worth $1,265,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. FinTrust Capital Advisors LLC boosted its position in StoneX Group by 50.0% in the fourth quarter. FinTrust Capital Advisors LLC now owns 450 shares of the company’s stock worth $33,000 after purchasing an additional 150 shares during the last quarter. SummerHaven Investment Management LLC grew its position in StoneX Group by 1.6% during the second quarter. SummerHaven Investment Management LLC now owns 12,699 shares of the company’s stock valued at $956,000 after buying an additional 199 shares during the period. Arizona State Retirement System grew its position in StoneX Group by 3.0% during the second quarter. Arizona State Retirement System now owns 7,949 shares of the company’s stock valued at $599,000 after buying an additional 234 shares during the period. Louisiana State Employees Retirement System increased its holdings in StoneX Group by 2.2% during the second quarter. Louisiana State Employees Retirement System now owns 13,700 shares of the company’s stock worth $1,032,000 after buying an additional 300 shares during the last quarter. Finally, Millington Financial Advisors LLC raised its position in StoneX Group by 1.5% in the second quarter. Millington Financial Advisors LLC now owns 21,860 shares of the company’s stock worth $1,646,000 after acquiring an additional 331 shares during the period. 75.93% of the stock is currently owned by hedge funds and other institutional investors.

StoneX Group Stock Down 0.4 %

StoneX Group stock opened at $82.28 on Thursday. The firm has a 50 day moving average price of $79.73 and a 200-day moving average price of $74.39. The company has a quick ratio of 1.20, a current ratio of 1.64 and a debt-to-equity ratio of 1.04. StoneX Group Inc. has a twelve month low of $57.46 and a twelve month high of $84.52. The company has a market capitalization of $2.61 billion, a P/E ratio of 10.97 and a beta of 0.76.

StoneX Group (NASDAQ:SNEX) last released its quarterly earnings data on Tuesday, August 6th. The company reported $1.91 EPS for the quarter, beating the consensus estimate of $1.78 by $0.13. The business had revenue of $913.70 million for the quarter, compared to the consensus estimate of $817.80 million. StoneX Group had a net margin of 0.27% and a return on equity of 15.89%. As a group, equities analysts predict that StoneX Group Inc. will post 7.45 EPS for the current year.

Insider Activity at StoneX Group

In related news, Director John Moore Fowler sold 400 shares of StoneX Group stock in a transaction that occurred on Friday, July 12th. The shares were sold at an average price of $79.26, for a total value of $31,704.00. Following the completion of the transaction, the director now directly owns 2,000 shares in the company, valued at approximately $158,520. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In other StoneX Group news, Director John Moore Fowler sold 400 shares of the firm’s stock in a transaction dated Friday, July 12th. The stock was sold at an average price of $79.26, for a total value of $31,704.00. Following the completion of the transaction, the director now owns 2,000 shares in the company, valued at approximately $158,520. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Philip Andrew Smith sold 4,000 shares of StoneX Group stock in a transaction dated Wednesday, August 7th. The shares were sold at an average price of $75.89, for a total value of $303,560.00. Following the transaction, the chief executive officer now directly owns 221,898 shares of the company’s stock, valued at approximately $16,839,839.22. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 12,491 shares of company stock worth $982,544. 16.24% of the stock is owned by corporate insiders.

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.