Millington Financial Advisors LLC Sells 4,918 Shares of StoneX Group Inc. $SNEX

Millington Financial Advisors LLC lessened its stake in shares of StoneX Group Inc. (NASDAQ:SNEX) by 14.3% during the 2nd quarter, Holdings Channel reports. The fund owned 29,405 shares of the company’s stock after selling 4,918 shares during the period. StoneX Group comprises approximately 1.4% of Millington Financial Advisors LLC’s holdings, making the stock its 20th largest position. Millington Financial Advisors LLC’s holdings in StoneX Group were worth $2,812,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its holdings in shares of StoneX Group by 51.3% in the 1st quarter. Vanguard Group Inc. now owns 2,881,228 shares of the company’s stock valued at $220,068,000 after buying an additional 976,587 shares in the last quarter. American Century Companies Inc. increased its position in shares of StoneX Group by 19.8% during the second quarter. American Century Companies Inc. now owns 2,352,849 shares of the company’s stock worth $214,439,000 after purchasing an additional 389,132 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of StoneX Group by 41.8% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,923,494 shares of the company’s stock valued at $146,915,000 after purchasing an additional 567,196 shares during the last quarter. Geode Capital Management LLC boosted its position in shares of StoneX Group by 0.5% in the 2nd quarter. Geode Capital Management LLC now owns 1,093,388 shares of the company’s stock worth $99,663,000 after purchasing an additional 5,054 shares in the last quarter. Finally, Ameriprise Financial Inc. grew its stake in StoneX Group by 82.8% during the 1st quarter. Ameriprise Financial Inc. now owns 914,212 shares of the company’s stock worth $69,828,000 after buying an additional 414,204 shares during the last quarter. Institutional investors own 75.93% of the company’s stock.

StoneX Group Price Performance

Shares of NASDAQ SNEX opened at $90.49 on Friday. 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 1.48, a current ratio of 2.08 and a debt-to-equity ratio of 1.30. The firm has a market cap of $4.72 billion, a P/E ratio of 15.42 and a beta of 0.51. The business’s 50 day moving average price is $94.09 and its 200 day moving average price is $92.76.

StoneX Group (NASDAQ:SNEX) last released its quarterly earnings data on Monday, November 24th. The company reported $1.57 EPS for the quarter, missing the consensus estimate of $1.58 by ($0.01). The business had revenue of $1.32 billion during the quarter, compared to analysts’ expectations of $1.04 billion. StoneX Group had a net margin of 0.23% and a return on equity of 16.20%. During the same period last year, the company earned $2.32 earnings per share. On average, sell-side analysts expect that StoneX Group Inc. will post 8.7 earnings per share for the current year.

Analyst Ratings Changes

A number of research firms have commented on SNEX. Zacks Research cut StoneX Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 6th. Weiss Ratings lowered shares of StoneX Group from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday. One investment analyst has rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, StoneX Group presently has an average rating of “Hold”.

Insider Buying and Selling at StoneX Group

In other news, Director John Moore Fowler sold 1,125 shares of the business’s stock in a transaction dated Monday, November 3rd. The stock was 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 of the company’s stock, valued at $10,466,932.80. The trade was a 0.97% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Insiders own 11.70% of the company’s stock.

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.