1 week Ago By Defense World Staff
Geode Capital Management LLC lifted its stake in Pathward Financial, Inc. ( NASDAQ:CASH – Free Report ) by 1.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission.
The fund owned 711,538 shares of the savings and loans company’s stock after acquiring an additional 11,654 shares during the period. Geode Capital Management LLC owned approximately 2.95% of Pathward Financial worth $52,365,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also bought and sold shares of CASH. Smartleaf Asset Management LLC boosted its holdings in Pathward Financial by 302.2% in the 4th quarter.
Smartleaf Asset Management LLC now owns 551 shares of the savings and loans company’s stock valued at $41,000 after purchasing an additional 414 shares during the period. KBC Group NV lifted its stake in shares of Pathward Financial by 45.8% in the fourth quarter.
KBC Group NV now owns 1,417 shares of the savings and loans company’s stock valued at $104,000 after buying an additional 445 shares during the period. Pictet Asset Management Holding SA acquired a new stake in Pathward Financial during the fourth quarter worth about $210,000. Wilmington Savings Fund Society FSB bought a new position in Pathward Financial during the third quarter valued at about $264,000.
Finally, Virtu Financial LLC acquired a new position in Pathward Financial in the 4th quarter valued at approximately $277,000. Institutional investors own 92.66% of the company’s stock.
Wall Street Analysts Forecast Growth Separately, Piper Sandler cut their target price on Pathward Financial from $94.00 to $91.00 and set an “overweight” rating for the company in a research note on Wednesday, January 22nd.
Pathward Financial Stock Performance NASDAQ CASH opened at $67.79 on Monday. Pathward Financial, Inc.
has a twelve month low of $48.15 and a twelve month high of $86.00.
The company has a quick ratio of 0.76, a current ratio of 0.77 and a debt-to-equity ratio of 0.
04. The stock has a market cap of $1.62 billion, a P/E ratio of 9.
88 and a beta of 0.44. The company’s 50-day simple moving average is $74.
55 and its 200 day simple moving average is $75.63. Pathward Financial ( NASDAQ:CASH – Get Free Report ) last released its quarterly earnings data on Tuesday, January 21st.
The savings and loans company reported $1.29 earnings per share for the quarter, beating the consensus estimate of $1.24 by $0.
05. The company had revenue of $173.51 million for the quarter, compared to analyst estimates of $173.
27 million. Pathward Financial had a return on equity of 22.02% and a net margin of 21.
91%. The company’s revenue was up 6.6% compared to the same quarter last year.
During the same period in the prior year, the company posted $1.06 EPS. As a group, research analysts forecast that Pathward Financial, Inc.
will post 7.26 earnings per share for the current fiscal year. Pathward Financial Announces Dividend The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 1st.
Shareholders of record on Thursday, March 13th were issued a dividend of $0.05 per share. The ex-dividend date of this dividend was Thursday, March 13th.
This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.30%.
Pathward Financial’s payout ratio is presently 2.92%. About Pathward Financial ( Free Report ) Pathward Financial, Inc operates as the bank holding company for Pathward, National Association that provides various banking products and services in the United States.
The company operates through three segments: Consumer, Commercial, and Corporate Services/Other. It offers demand deposit accounts, savings accounts, and money market savings accounts. Featured Articles Five stocks we like better than Pathward Financial Expert Stock Trading Psychology Tips Is McDonald’s Stock Serving a Value Meal to Investors? What is the Dow Jones Industrial Average (DJIA)? Walgreens Comeback? Private Equity Circling for a Buyout What Makes a Stock a Good Dividend Stock? Coca-Cola Stock Looks Refreshing After the Relief Rally Receive News & Ratings for Pathward Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pathward Financial and related companies with MarketBeat.
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