Meta Financial Group Inc. (NASDAQ:CASH) Director Sells $409,516.00 in Stock

Meta Financial Group Inc. (NASDAQ:CASH) Director William David Tull sold 14,800 shares of the firm’s stock in a transaction that occurred on Wednesday, June 12th. The stock was sold at an average price of $27.67, for a total transaction of $409,516.00. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

William David Tull also recently made the following trade(s):

  • On Friday, June 7th, William David Tull sold 7,400 shares of Meta Financial Group stock. The stock was sold at an average price of $27.31, for a total transaction of $202,094.00.
  • On Monday, June 10th, William David Tull sold 22,200 shares of Meta Financial Group stock. The stock was sold at an average price of $27.37, for a total transaction of $607,614.00.
  • On Monday, June 3rd, William David Tull sold 7,400 shares of Meta Financial Group stock. The stock was sold at an average price of $26.19, for a total transaction of $193,806.00.
  • On Wednesday, June 5th, William David Tull sold 22,200 shares of Meta Financial Group stock. The stock was sold at an average price of $26.84, for a total transaction of $595,848.00.
  • On Friday, May 24th, William David Tull sold 9,955 shares of Meta Financial Group stock. The shares were sold at an average price of $27.06, for a total transaction of $269,382.30.
  • On Monday, May 20th, William David Tull sold 4,978 shares of Meta Financial Group stock. The shares were sold at an average price of $26.52, for a total transaction of $132,016.56.
  • On Wednesday, May 22nd, William David Tull sold 14,934 shares of Meta Financial Group stock. The shares were sold at an average price of $27.06, for a total transaction of $404,114.04.
  • On Friday, May 17th, William David Tull sold 7,400 shares of Meta Financial Group stock. The shares were sold at an average price of $26.47, for a total transaction of $195,878.00.
  • On Wednesday, May 15th, William David Tull sold 7,400 shares of Meta Financial Group stock. The shares were sold at an average price of $26.53, for a total transaction of $196,322.00.
  • On Monday, May 13th, William David Tull sold 7,400 shares of Meta Financial Group stock. The shares were sold at an average price of $26.43, for a total transaction of $195,582.00.

Meta Financial Group stock opened at $28.57 on Friday. Meta Financial Group Inc. has a 1 year low of $17.84 and a 1 year high of $36.03. The firm has a market capitalization of $1.12 billion, a P/E ratio of 14.55 and a beta of 1.32. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.70 and a current ratio of 0.71.

Meta Financial Group (NASDAQ:CASH) last released its quarterly earnings results on Thursday, April 25th. The savings and loans company reported $0.98 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.83 by $0.15. Meta Financial Group had a net margin of 13.76% and a return on equity of 10.46%. The firm had revenue of $176.38 million for the quarter, compared to analysts’ expectations of $173.63 million. As a group, analysts forecast that Meta Financial Group Inc. will post 2.5 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Monday, July 1st. Shareholders of record on Monday, June 10th will be paid a dividend of $0.05 per share. The ex-dividend date of this dividend is Friday, June 7th. This represents a $0.20 annualized dividend and a yield of 0.70%. Meta Financial Group’s dividend payout ratio (DPR) is presently 7.12%.

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Sippican Capital Advisors boosted its stake in Meta Financial Group by 4.5% during the 1st quarter. Sippican Capital Advisors now owns 13,518 shares of the savings and loans company’s stock worth $266,000 after purchasing an additional 581 shares during the last quarter. Texas Permanent School Fund boosted its stake in Meta Financial Group by 3.8% during the 1st quarter. Texas Permanent School Fund now owns 18,736 shares of the savings and loans company’s stock worth $369,000 after purchasing an additional 685 shares during the last quarter. Comerica Bank boosted its stake in Meta Financial Group by 3.2% during the 1st quarter. Comerica Bank now owns 27,363 shares of the savings and loans company’s stock worth $572,000 after purchasing an additional 854 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in Meta Financial Group by 200.0% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,139 shares of the savings and loans company’s stock worth $41,000 after purchasing an additional 1,426 shares during the last quarter. Finally, Swiss National Bank boosted its stake in Meta Financial Group by 3.7% during the 1st quarter. Swiss National Bank now owns 50,300 shares of the savings and loans company’s stock worth $990,000 after purchasing an additional 1,800 shares during the last quarter. 69.87% of the stock is currently owned by institutional investors.

A number of equities research analysts recently issued reports on CASH shares. B. Riley raised shares of Meta Financial Group from a “neutral” rating to a “buy” rating and lifted their price target for the company from $25.00 to $33.00 in a research note on Friday, April 26th. BidaskClub cut shares of Meta Financial Group from a “hold” rating to a “sell” rating in a research note on Tuesday, March 5th. Finally, Zacks Investment Research raised shares of Meta Financial Group from a “sell” rating to a “hold” rating in a research note on Friday, April 12th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Meta Financial Group has a consensus rating of “Buy” and a consensus price target of $34.75.

COPYRIGHT VIOLATION WARNING: This story was reported by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are accessing this story on another site, it was stolen and reposted in violation of US & international copyright legislation. The original version of this story can be read at https://www.dispatchtribunal.com/2019/06/15/meta-financial-group-inc-nasdaqcash-director-sells-409516-00-in-stock.html.

Meta Financial Group Company Profile

Meta Financial Group, Inc operates as the holding company for MetaBank that offers various banking products and services in the United States. The company accepts various deposit products, including statement savings accounts, money market savings accounts, negotiable order of withdrawal accounts, and checking accounts; and deposits related to prepaid cards, which primarily comprise checking accounts and certificate accounts.

Read More: The risks of owning bonds

Insider Buying and Selling 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.