Meta Financial Group, Inc. (CASH) Director Frederick V. Moore Sells 550 Shares

Meta Financial Group, Inc. (NASDAQ:CASH) Director Frederick V. Moore sold 550 shares of Meta Financial Group stock in a transaction dated Monday, May 21st. The shares were sold at an average price of $110.40, for a total transaction of $60,720.00. Following the transaction, the director now owns 100 shares of the company’s stock, valued at $11,040. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Shares of NASDAQ CASH traded up $0.65 during mid-day trading on Tuesday, reaching $111.25. 1,200 shares of the company’s stock traded hands, compared to its average volume of 79,955. The stock has a market capitalization of $1.06 billion, a P/E ratio of 15.78 and a beta of 1.14. Meta Financial Group, Inc. has a 1-year low of $60.70 and a 1-year high of $117.97. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.43 and a quick ratio of 0.43.

Meta Financial Group (NASDAQ:CASH) last released its quarterly earnings results on Monday, April 30th. The savings and loans company reported $4.01 earnings per share for the quarter, missing analysts’ consensus estimates of $4.15 by ($0.14). Meta Financial Group had a net margin of 15.40% and a return on equity of 15.08%. The firm had revenue of $124.82 million for the quarter, compared to the consensus estimate of $136.31 million. equities research analysts anticipate that Meta Financial Group, Inc. will post 7.29 earnings per share for the current fiscal year.

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Teachers Retirement System of The State of Kentucky lifted its position in shares of Meta Financial Group by 42.9% during the fourth quarter. Teachers Retirement System of The State of Kentucky now owns 3,000 shares of the savings and loans company’s stock valued at $278,000 after purchasing an additional 900 shares in the last quarter. Cadence Capital Management LLC lifted its position in shares of Meta Financial Group by 87.9% during the fourth quarter. Cadence Capital Management LLC now owns 18,340 shares of the savings and loans company’s stock valued at $1,699,000 after purchasing an additional 8,577 shares in the last quarter. Schwab Charles Investment Management Inc. lifted its position in shares of Meta Financial Group by 12.1% during the fourth quarter. Schwab Charles Investment Management Inc. now owns 60,582 shares of the savings and loans company’s stock valued at $5,613,000 after purchasing an additional 6,537 shares in the last quarter. James Investment Research Inc. bought a new position in shares of Meta Financial Group during the fourth quarter valued at about $946,000. Finally, BlackRock Inc. lifted its position in shares of Meta Financial Group by 4.8% during the fourth quarter. BlackRock Inc. now owns 1,203,567 shares of the savings and loans company’s stock valued at $111,512,000 after purchasing an additional 55,091 shares in the last quarter. 78.50% of the stock is currently owned by institutional investors.

A number of research analysts have recently issued reports on the stock. Zacks Investment Research cut shares of Meta Financial Group from a “buy” rating to a “hold” rating in a report on Friday, March 23rd. B. Riley lifted their price objective on shares of Meta Financial Group from $120.00 to $125.00 and gave the company a “buy” rating in a report on Wednesday, January 31st. BidaskClub upgraded shares of Meta Financial Group from a “sell” rating to a “hold” rating in a report on Saturday, March 3rd. Finally, ValuEngine cut shares of Meta Financial Group from a “strong-buy” rating to a “buy” rating in a report on Thursday, April 26th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and five have given a buy rating to the company. The company currently has a consensus rating of “Buy” and an average target price of $117.00.

Meta Financial Group Company Profile

Meta Financial Group, Inc operates as the holding company for MetaBank that offers various banking products and services to individuals, small businesses, financial institutions, and other businesses. It provides various deposit products, such as statement savings accounts, money market savings accounts, and NOW and regular checking accounts, as well as deposits related to prepaid cards, which primarily include checking accounts and certificate accounts.

Insider Buying and Selling by Quarter for Meta Financial Group (NASDAQ:CASH)

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