Is MoneyGram International, Inc. (MGI) a Buy? The Stock Rises Again

MoneyGram International, Inc. (NASDAQ:MGI) Logo

Investors sentiment increased to 1.03 in 2019 Q1. Its up 0.22, from 0.81 in 2018Q4. It increased, as 11 investors sold MoneyGram International, Inc. shares while 25 reduced holdings. 11 funds opened positions while 26 raised stakes. 43.51 million shares or 1.25% more from 42.97 million shares in 2018Q4 were reported.
Quinn Opportunity Prtn Limited Liability Company stated it has 37,614 shares. Connor Clark & Lunn Invest Mgmt Ltd reported 0% of its portfolio in MoneyGram International, Inc. (NASDAQ:MGI). Legal & General Group Public Ltd invested in 0% or 4,250 shares. Pub Employees Retirement Association Of Colorado stated it has 0% in MoneyGram International, Inc. (NASDAQ:MGI). Tower Research Capital Ltd Liability Corporation (Trc) stated it has 0% of its portfolio in MoneyGram International, Inc. (NASDAQ:MGI). Jefferies Gru Lc invested in 0% or 32,900 shares. California State Teachers Retirement Systems accumulated 52,572 shares or 0% of the stock. Bank & Trust Of Mellon holds 0% or 163,263 shares in its portfolio. Geode Cap Mngmt Limited Liability stated it has 401,443 shares or 0% of all its holdings. Great West Life Assurance Can accumulated 72,756 shares or 0% of the stock. Parametric Assoc Limited Liability Corp owns 580,474 shares. Aperio Limited Liability Corp holds 23,793 shares or 0% of its portfolio. Moreover, State Board Of Administration Of Florida Retirement Sys has 0% invested in MoneyGram International, Inc. (NASDAQ:MGI). Deutsche Commercial Bank Ag holds 0% or 38,042 shares in its portfolio. Mackay Shields Limited Liability holds 0% of its portfolio in MoneyGram International, Inc. (NASDAQ:MGI) for 30,844 shares.

The stock of MoneyGram International, Inc. (NASDAQ:MGI) is a huge mover today! The stock increased 0.43% or $0.015 during the last trading session, reaching $3.465. About 1.11M shares traded. MoneyGram International, Inc. (NASDAQ:MGI) has declined 62.77% since August 14, 2018 and is downtrending. It has underperformed by 62.77% the S&P500.
The move comes after 5 months positive chart setup for the $215.25M company. It was reported on Aug, 14 by Barchart.com. We have $3.71 PT which if reached, will make NASDAQ:MGI worth $15.07 million more.

More notable recent MoneyGram International, Inc. (NASDAQ:MGI) news were published by: Nasdaq.com which released: “After Hours Most Active for Jun 18, 2019 : CMCSA, QQQ, VIAB, COST, FLEX, MGI – Nasdaq” on June 18, 2019, also Benzinga.com with their article: “41 Stocks Moving In Friday’s Mid-Day Session – Benzinga” published on July 19, 2019, Nasdaq.com published: “MoneyGram (MGI) Q2 Earnings Beat Estimates, Revenues Miss – Nasdaq” on August 05, 2019. More interesting news about MoneyGram International, Inc. (NASDAQ:MGI) were released by: Nasdaq.com and their article: “MoneyGram (MGI) Reports Q1 Loss, Lags Revenue Estimates – Nasdaq” published on May 08, 2019 as well as Globenewswire.com‘s news article titled: “Lawsuit for Long-Term Investors in MoneyGram International, Inc. (NASDAQ: MGI) shares announced by Shareholders Foundation – GlobeNewswire” with publication date: May 06, 2019.

MoneyGram International, Inc., together with its subsidiaries, provides money transfer services in the United States and internationally. The company has market cap of $215.25 million. The firm operates through two divisions, Global Funds Transfer and Financial Paper Products. It currently has negative earnings. The Global Funds Transfer segment offers money transfer services and bill payment services primarily to unbanked and underbanked consumers.

MoneyGram International, Inc. (NASDAQ:MGI) Institutional Positions Chart

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