Meta Financial Group, Inc. (NASDAQ:CASH) Director Frederick V. Moore sold 450 shares of Meta Financial Group stock in a transaction on Tuesday, September 19th. The stock was sold at an average price of $71.75, for a total transaction of $32,287.50. Following the sale, the director now owns 100 shares in the company, valued at approximately $7,175. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.
Meta Financial Group, Inc. (CASH) traded down 0.63% during trading on Friday, reaching $78.40. The company’s stock had a trading volume of 108,770 shares. The company’s 50-day moving average is $71.08 and its 200-day moving average is $83.36. Meta Financial Group, Inc. has a 12 month low of $59.52 and a 12 month high of $106.90. The stock has a market cap of $732.96 million, a PE ratio of 14.45 and a beta of 0.88.
The business also recently announced a quarterly dividend, which will be paid on Monday, October 2nd. Investors of record on Friday, September 8th will be issued a $0.13 dividend. The ex-dividend date of this dividend is Thursday, September 7th. This represents a $0.52 dividend on an annualized basis and a yield of 0.66%. Meta Financial Group’s dividend payout ratio is currently 9.81%.
TRADEMARK VIOLATION WARNING: “Insider Selling: Meta Financial Group, Inc. (CASH) Director Sells 450 Shares of Stock” was reported by StockNewsTimes and is owned by of StockNewsTimes. If you are reading this news story on another publication, it was copied illegally and republished in violation of international copyright law. The original version of this news story can be viewed at https://stocknewstimes.com/2017/10/01/insider-selling-meta-financial-group-inc-cash-director-sells-32287-50-in-stock.html.
A number of research analysts recently issued reports on CASH shares. FBR & Co cut Meta Financial Group from an “outperform” rating to a “market perform” rating and set a $95.00 price objective for the company. in a report on Friday, July 28th. Zacks Investment Research upgraded Meta Financial Group from a “hold” rating to a “buy” rating and set a $97.00 target price for the company in a research report on Tuesday, June 27th. Keefe, Bruyette & Woods restated a “buy” rating and set a $121.00 target price on shares of Meta Financial Group in a research report on Thursday, July 27th. BidaskClub upgraded Meta Financial Group from a “hold” rating to a “buy” rating in a research report on Thursday, July 6th. Finally, ValuEngine lowered Meta Financial Group from a “strong-buy” rating to a “buy” rating in a research report on Thursday, August 24th. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of $104.33.
A number of institutional investors have recently made changes to their positions in CASH. SG Americas Securities LLC bought a new position in Meta Financial Group in the 2nd quarter worth $112,000. Victory Capital Management Inc. bought a new stake in Meta Financial Group during the first quarter valued at about $122,000. Legal & General Group Plc raised its holdings in Meta Financial Group by 6.6% during the second quarter. Legal & General Group Plc now owns 2,100 shares of the savings and loans company’s stock valued at $186,000 after acquiring an additional 130 shares during the period. Bank of America Corp DE raised its holdings in Meta Financial Group by 86.6% during the first quarter. Bank of America Corp DE now owns 2,112 shares of the savings and loans company’s stock valued at $187,000 after acquiring an additional 980 shares during the period. Finally, 1st Global Advisors Inc. raised its holdings in Meta Financial Group by 1.3% during the second quarter. 1st Global Advisors Inc. now owns 2,461 shares of the savings and loans company’s stock valued at $219,000 after acquiring an additional 32 shares during the period. 74.23% of the stock is currently owned by institutional investors.
Meta Financial Group Company 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.
Receive News & Ratings for Meta Financial Group Inc. Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Meta Financial Group Inc. and related companies with MarketBeat.com’s FREE daily email newsletter.