LSV Asset Management raised its stake in shares of INTERNATIONAL MONEY EXPRESS, INC. (NASDAQ:IMXI - Free Report) by 4.0% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 1,126,303 shares of the company's stock after buying an additional 43,523 shares during the period. LSV Asset Management owned about 3.74% of INTERNATIONAL MONEY EXPRESS worth $14,214,000 as of its most recent SEC filing.
Other hedge funds have also added to or reduced their stakes in the company. Rhumbline Advisers raised its stake in INTERNATIONAL MONEY EXPRESS by 11.4% during the 1st quarter. Rhumbline Advisers now owns 50,607 shares of the company's stock valued at $639,000 after buying an additional 5,189 shares during the last quarter. GAMMA Investing LLC raised its stake in INTERNATIONAL MONEY EXPRESS by 7,708.8% during the 1st quarter. GAMMA Investing LLC now owns 6,247 shares of the company's stock valued at $790,000 after buying an additional 6,167 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in INTERNATIONAL MONEY EXPRESS by 9.6% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 63,906 shares of the company's stock valued at $1,331,000 after buying an additional 5,597 shares during the last quarter. New York State Common Retirement Fund raised its stake in INTERNATIONAL MONEY EXPRESS by 41.6% during the 1st quarter. New York State Common Retirement Fund now owns 10,218 shares of the company's stock valued at $129,000 after buying an additional 3,000 shares during the last quarter. Finally, Wells Fargo & Company MN raised its stake in INTERNATIONAL MONEY EXPRESS by 51.0% during the 4th quarter. Wells Fargo & Company MN now owns 14,960 shares of the company's stock valued at $312,000 after buying an additional 5,050 shares during the last quarter. 86.71% of the stock is currently owned by hedge funds and other institutional investors.
INTERNATIONAL MONEY EXPRESS Stock Performance
Shares of IMXI stock traded up $0.13 during trading hours on Friday, reaching $9.37. 172,556 shares of the company traded hands, compared to its average volume of 324,501. INTERNATIONAL MONEY EXPRESS, INC. has a 12-month low of $8.58 and a 12-month high of $22.37. The company has a debt-to-equity ratio of 1.18, a current ratio of 1.75 and a quick ratio of 1.75. The company has a market cap of $282.41 million, a P/E ratio of 5.53 and a beta of 1.02. The firm has a 50-day moving average price of $10.14 and a 200 day moving average price of $12.81.
Analyst Ratings Changes
A number of equities research analysts have weighed in on the stock. BMO Capital Markets lowered shares of INTERNATIONAL MONEY EXPRESS from an "outperform" rating to a "market perform" rating and decreased their target price for the company from $18.00 to $11.00 in a research note on Friday, May 9th. UBS Group reduced their price objective on INTERNATIONAL MONEY EXPRESS from $17.00 to $12.00 and set a "neutral" rating for the company in a research note on Friday, May 9th. Four equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus price target of $19.60.
Get Our Latest Analysis on IMXI
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

Before you consider INTERNATIONAL MONEY EXPRESS, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and INTERNATIONAL MONEY EXPRESS wasn't on the list.
While INTERNATIONAL MONEY EXPRESS currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.