Virtu Financial LLC reduced its position in shares of Points International Ltd (NASDAQ:PCOM) (TSE:PTS) by 43.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 31,756 shares of the information services provider’s stock after selling 24,787 shares during the quarter. Virtu Financial LLC’s holdings in Points International were worth $327,000 as of its most recent SEC filing.
Several other hedge funds have also recently bought and sold shares of the company. BlackRock Inc. boosted its stake in shares of Points International by 173.8% during the 4th quarter. BlackRock Inc. now owns 86,943 shares of the information services provider’s stock worth $895,000 after acquiring an additional 55,184 shares in the last quarter. WealthTrust Axiom LLC boosted its stake in shares of Points International by 1.1% during the 4th quarter. WealthTrust Axiom LLC now owns 828,852 shares of the information services provider’s stock worth $8,528,000 after acquiring an additional 8,930 shares in the last quarter. Russell Investments Group Ltd. boosted its stake in shares of Points International by 63.8% during the 3rd quarter. Russell Investments Group Ltd. now owns 96,500 shares of the information services provider’s stock worth $1,100,000 after acquiring an additional 37,585 shares in the last quarter. Finally, New York State Common Retirement Fund boosted its stake in shares of Points International by 47.7% during the 2nd quarter. New York State Common Retirement Fund now owns 18,148 shares of the information services provider’s stock worth $164,000 after acquiring an additional 5,858 shares in the last quarter. 37.59% of the stock is currently owned by institutional investors and hedge funds.
Shares of Points International Ltd (NASDAQ PCOM) opened at $10.58 on Tuesday. Points International Ltd has a 12 month low of $6.28 and a 12 month high of $12.49. The stock has a market cap of $147.85, a PE ratio of 45.78 and a beta of 1.20.
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Points International Ltd. (Points) provides a range of e-commerce and technology services to loyalty program operators using a common infrastructure. These services include a range of white label or private branded e-commerce services (Loyalty Currency Services) that enable the sale of loyalty currencies (such as frequent flyer miles, hotel points and credit card points), both retail and wholesale, and support the loyalty program consumer offerings and their back end operations.
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