Sage Capital Advisors llc Acquires 10,702 Shares of Meta Financial Group Inc. (CASH)

Sage Capital Advisors llc grew its holdings in shares of Meta Financial Group Inc. (NASDAQ:CASH) by 163.3% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 17,254 shares of the savings and loans company’s stock after acquiring an additional 10,702 shares during the period. Sage Capital Advisors llc owned about 0.18% of Meta Financial Group worth $1,353,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also modified their holdings of the company. First Trust Advisors LP boosted its holdings in Meta Financial Group by 71.8% in the 2nd quarter. First Trust Advisors LP now owns 42,948 shares of the savings and loans company’s stock worth $3,822,000 after buying an additional 17,946 shares during the period. New York State Teachers Retirement System boosted its holdings in Meta Financial Group by 485.7% in the 3rd quarter. New York State Teachers Retirement System now owns 4,100 shares of the savings and loans company’s stock worth $321,000 after buying an additional 3,400 shares during the period. Vanguard Group Inc. boosted its holdings in Meta Financial Group by 5.0% in the 2nd quarter. Vanguard Group Inc. now owns 381,675 shares of the savings and loans company’s stock worth $33,970,000 after buying an additional 18,144 shares during the period. Prudential Financial Inc. bought a new position in Meta Financial Group in the 2nd quarter worth $266,000. Finally, Pacific Ridge Capital Partners LLC boosted its holdings in Meta Financial Group by 22.1% in the 2nd quarter. Pacific Ridge Capital Partners LLC now owns 73,396 shares of the savings and loans company’s stock worth $6,532,000 after buying an additional 13,270 shares during the period. 76.89% of the stock is owned by hedge funds and other institutional investors.

In other Meta Financial Group news, Director Frederick V. Moore sold 450 shares of the stock in a transaction dated Tuesday, September 19th. The shares were sold at an average price of $71.75, for a total transaction of $32,287.50. Following the completion of the transaction, the director now owns 100 shares of the company’s stock, valued at approximately $7,175. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Frederick V. Moore acquired 1,393 shares of the company’s stock in a transaction on Wednesday, September 20th. The shares were bought at an average cost of $71.70 per share, with a total value of $99,878.10. Following the acquisition, the director now directly owns 100 shares in the company, valued at $7,170. The disclosure for this purchase can be found here. 5.40% of the stock is owned by corporate insiders.

Several research analysts recently weighed in on CASH shares. Zacks Investment Research downgraded shares of Meta Financial Group from a “strong-buy” rating to a “hold” rating in a report on Wednesday, November 15th. B. Riley raised shares of Meta Financial Group from a “neutral” rating to a “buy” rating and set a $95.00 target price for the company in a report on Wednesday, November 1st. Keefe, Bruyette & Woods reaffirmed a “buy” rating and issued a $88.00 target price on shares of Meta Financial Group in a report on Thursday, October 12th. FBR & Co reaffirmed a “hold” rating and issued a $95.00 target price on shares of Meta Financial Group in a report on Wednesday, October 11th. Finally, ValuEngine downgraded shares of Meta Financial Group from a “strong-buy” rating to a “buy” rating in a report on Thursday, August 24th. Two research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $95.75.

Meta Financial Group Inc. (CASH) opened at $90.50 on Friday. Meta Financial Group Inc. has a 1-year low of $60.70 and a 1-year high of $106.90. The company has a market cap of $888.35, a PE ratio of 13.11 and a beta of 0.90. The company has a current ratio of 0.55, a quick ratio of 0.55 and a debt-to-equity ratio of 0.20.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 2nd. Shareholders of record on Friday, December 8th will be issued a dividend of $0.13 per share. This represents a $0.52 annualized dividend and a dividend yield of 0.57%. The ex-dividend date is Thursday, December 7th. Meta Financial Group’s dividend payout ratio (DPR) is presently 10.86%.

ILLEGAL ACTIVITY WARNING: This report was published by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are reading this report on another publication, it was illegally copied and republished in violation of United States and international trademark & copyright legislation. The legal version of this report can be viewed at https://www.dispatchtribunal.com/2017/12/15/sage-capital-advisors-llc-acquires-10702-shares-of-meta-financial-group-inc-cash.html.

Meta Financial Group Profile

Meta Financial Group, Inc is a unitary savings and loan holding company. The Company operates through its banking subsidiary, MetaBank (the Bank). Its segments include Payments, Banking, and Corporate Services/Other. MetaBank is both a community-oriented financial institution offering a range of financial services to meet the needs of the communities it serves and a payments company providing services on a nationwide basis.

Institutional Ownership by Quarter for Meta Financial Group (NASDAQ:CASH)

Receive News & Ratings for Meta Financial Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Meta Financial Group and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply