1 week Ago By Defense World Staff
Corebridge Financial Inc. cut its stake in shares of International Money Express, Inc. ( NASDAQ:IMXI – Free Report ) by 7.
0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 15,764 shares of the company’s stock after selling 1,190 shares during the quarter. Corebridge Financial Inc.
owned approximately 0.05% of International Money Express worth $328,000 as of its most recent SEC filing. Other institutional investors and hedge funds have also made changes to their positions in the company.
Public Employees Retirement System of Ohio bought a new position in International Money Express during the 3rd quarter worth $4,598,000. LPL Financial LLC acquired a new position in shares of International Money Express during the fourth quarter valued at $4,440,000. New South Capital Management Inc.
grew its position in shares of International Money Express by 22.7% during the fourth quarter. New South Capital Management Inc.
now owns 1,132,107 shares of the company’s stock worth $23,582,000 after acquiring an additional 209,711 shares during the last quarter. Wellington Management Group LLP increased its holdings in shares of International Money Express by 7.5% in the 3rd quarter.
Wellington Management Group LLP now owns 1,556,925 shares of the company’s stock worth $28,788,000 after acquiring an additional 109,293 shares during the period. Finally, Royce & Associates LP lifted its position in International Money Express by 15.7% in the 4th quarter.
Royce & Associates LP now owns 644,710 shares of the company’s stock valued at $13,429,000 after purchasing an additional 87,521 shares during the last quarter. 86.71% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets Several analysts have weighed in on the company. Needham & Company LLC reaffirmed a “buy” rating and set a $20.00 target price on shares of International Money Express in a research note on Monday.
Monness Crespi & Hardt cut shares of International Money Express from a “buy” rating to a “neutral” rating in a research note on Thursday, January 23rd. Finally, UBS Group dropped their price target on shares of International Money Express from $22.00 to $17.
00 and set a “neutral” rating on the stock in a research report on Tuesday, March 4th. Four equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat, International Money Express presently has an average rating of “Hold” and a consensus price target of $24.
50. International Money Express Price Performance Shares of NASDAQ IMXI opened at $11.90 on Friday.
International Money Express, Inc. has a twelve month low of $11.27 and a twelve month high of $22.
38. The company has a current ratio of 1.80, a quick ratio of 1.
80 and a debt-to-equity ratio of 1.12. The firm has a 50-day moving average of $14.
92 and a two-hundred day moving average of $18.07. The company has a market capitalization of $364.
76 million, a price-to-earnings ratio of 6.65 and a beta of 1.01.
International Money Express Company Profile ( Free Report ) International Money Express, Inc, together with its subsidiaries, operates as an omnichannel money remittance services company in the United States, Latin America, Mexico, Central and South America, the Caribbean, Africa, and Asia. The company offers remittance services, which include a suite of ancillary financial processing solutions and payment services; and online payment options, pre-paid debit cards, and direct deposit payroll cards. Featured Stories Five stocks we like better than International Money Express What does consumer price index measure? Joby Aviation: Operational Momentum vs.
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