Villanova Investment Management Co LLC Purchases 104,524 Shares of International Money Express, Inc. $IMXI

Villanova Investment Management Co LLC raised its holdings in International Money Express, Inc. (NASDAQ:IMXI) by 166.6% during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 167,267 shares of the company’s stock after acquiring an additional 104,524 shares during the quarter. International Money Express makes up 1.7% of Villanova Investment Management Co LLC’s holdings, making the stock its 23rd largest holding. Villanova Investment Management Co LLC’s holdings in International Money Express were worth $1,688,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Fuller & Thaler Asset Management Inc. lifted its position in shares of International Money Express by 3.6% in the 1st quarter. Fuller & Thaler Asset Management Inc. now owns 28,700 shares of the company’s stock worth $362,000 after purchasing an additional 1,000 shares during the period. First Trust Advisors LP increased its holdings in shares of International Money Express by 2.1% during the second quarter. First Trust Advisors LP now owns 93,410 shares of the company’s stock valued at $943,000 after acquiring an additional 1,881 shares in the last quarter. Invesco Ltd. raised its holdings in shares of International Money Express by 3.3% in the first quarter. Invesco Ltd. now owns 68,837 shares of the company’s stock worth $869,000 after buying an additional 2,194 shares during the last quarter. PNC Financial Services Group Inc. lifted its position in International Money Express by 19.0% during the 2nd quarter. PNC Financial Services Group Inc. now owns 13,935 shares of the company’s stock worth $141,000 after acquiring an additional 2,224 shares during the period. Finally, Quarry LP purchased a new stake in International Money Express in the first quarter valued at approximately $31,000. 86.71% of the stock is owned by hedge funds and other institutional investors.

International Money Express Price Performance

Shares of IMXI opened at $15.40 on Monday. The firm has a market capitalization of $457.69 million, a price-to-earnings ratio of 12.03 and a beta of 0.87. The company has a current ratio of 2.03, a quick ratio of 2.03 and a debt-to-equity ratio of 1.17. The firm’s fifty day simple moving average is $14.86 and its 200-day simple moving average is $12.90. International Money Express, Inc. has a twelve month low of $8.58 and a twelve month high of $22.30.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on IMXI. Weiss Ratings reiterated a “sell (d)” rating on shares of International Money Express in a research report on Monday, November 24th. Wall Street Zen raised shares of International Money Express from a “hold” rating to a “buy” rating in a research note on Saturday, August 16th. Zacks Research raised shares of International Money Express from a “strong sell” rating to a “hold” rating in a research note on Friday, October 10th. Finally, Northland Capmk cut International Money Express from a “strong-buy” rating to a “hold” rating in a report on Monday, August 11th. One analyst has rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $14.33.

About International Money Express

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.