Sentiment for Meta Financial Group Inc (NASDAQ:CASH)
Meta Financial Group Inc (NASDAQ:CASH) institutional sentiment decreased to 1.35 in 2018 Q3. Its down -0.29, from 1.64 in 2018Q2. The ratio dropped, as 74 hedge funds increased or started new positions, while 55 sold and reduced their stock positions in Meta Financial Group Inc. The hedge funds in our partner’s database now hold: 8.00 million shares, up from 7.59 million shares in 2018Q2. Also, the number of hedge funds holding Meta Financial Group Inc in their top 10 positions was flat from 3 to 3 for the same number . Sold All: 21 Reduced: 34 Increased: 52 New Position: 22.
Meta Financial Group, Inc. operates as the holding firm for MetaBank that offers various banking services and products to individuals, small businesses, financial institutions, and other businesses. The company has market cap of $839.04 million. 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. It has a 12.78 P/E ratio. The companyÂ’s loan portfolio comprises one-to-four family residential mortgage, commercial and multi-family real estate, agricultural activities and real estate, construction, consumer, commercial operating, and premium finance loans.
The stock increased 2.25% or $0.47 during the last trading session, reaching $21.34. About 203,161 shares traded. Meta Financial Group, Inc. (NASDAQ:CASH) has declined 32.23% since January 14, 2018 and is downtrending. It has underperformed by 32.23% the S&P500.
Analysts await Meta Financial Group, Inc. (NASDAQ:CASH) to report earnings on January, 29. They expect $0.42 earnings per share, up 50.00 % or $0.14 from last year’s $0.28 per share. CASH’s profit will be $16.51M for 12.70 P/E if the $0.42 EPS becomes a reality. After $0.24 actual earnings per share reported by Meta Financial Group, Inc. for the previous quarter, Wall Street now forecasts 75.00 % EPS growth.
Second Curve Capital Llc holds 10.54% of its portfolio in Meta Financial Group, Inc. for 291,977 shares. Patriot Financial Partners Gp Lp owns 452,069 shares or 6.43% of their US portfolio. Moreover, Cranbrook Wealth Management Llc has 3.98% invested in the company for 136,941 shares. The Delaware-based Ashford Capital Management Inc has invested 3.22% in the stock. Philadelphia Financial Management Of San Francisco Llc, a California-based fund reported 90,199 shares.
Since January 1, 0001, it had 3 insider purchases, and 0 sales for $543,505 activity.
Meta Financial Group, Inc. (NASDAQ:CASH) Ratings Coverage
Ratings analysis reveals 50% of Meta Financial Group’s analysts are positive. Out of 2 Wall Street analysts rating Meta Financial Group, 1 give it “Buy”, 0 “Sell” rating, while 1 recommend “Hold”. The lowest target is $37 while the high is $110. The stock’s average target of $63.50 is 197.56% above today’s ($21.34) share price. CASH was included in 3 notes of analysts from September 13, 2018. The stock of Meta Financial Group, Inc. (NASDAQ:CASH) earned “Strong Buy” rating by Raymond James on Monday, October 15. FBR Capital maintained the stock with “Neutral” rating in Thursday, September 13 report. The rating was maintained by Raymond James with “Strong Buy” on Monday, September 17.
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