1 week Ago By Defense World Staff
Corebridge Financial Inc. cut its holdings in shares of Green Dot Co. (NYSE:GDOT – Free Report) by 6.
3% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 28,605 shares of the financial services provider’s stock after selling 1,933 shares during the period. Corebridge Financial Inc.
owned approximately 0.05% of Green Dot worth $304,000 as of its most recent SEC filing. Other institutional investors and hedge funds have also recently modified their holdings of the company.
American Century Companies Inc. grew its holdings in Green Dot by 42.5% in the fourth quarter.
American Century Companies Inc. now owns 1,041,034 shares of the financial services provider’s stock valued at $11,077,000 after purchasing an additional 310,492 shares during the period. State Street Corp lifted its position in shares of Green Dot by 5.
6% during the 3rd quarter. State Street Corp now owns 2,520,389 shares of the financial services provider’s stock valued at $29,514,000 after buying an additional 133,200 shares in the last quarter. Geode Capital Management LLC grew its stake in Green Dot by 9.
0% in the 3rd quarter. Geode Capital Management LLC now owns 1,222,996 shares of the financial services provider’s stock valued at $14,324,000 after acquiring an additional 101,008 shares during the period. JPMorgan Chase & Co.
increased its holdings in Green Dot by 31.0% in the 3rd quarter. JPMorgan Chase & Co.
now owns 331,802 shares of the financial services provider’s stock worth $3,885,000 after acquiring an additional 78,547 shares in the last quarter. Finally, Vanguard Group Inc. raised its position in Green Dot by 2.
0% during the fourth quarter. Vanguard Group Inc. now owns 3,584,651 shares of the financial services provider’s stock worth $38,141,000 after acquiring an additional 71,534 shares during the period.
Hedge funds and other institutional investors own 92.56% of the company’s stock. Green Dot Trading Down 6.
1 %Shares of Green Dot stock opened at $7.25 on Friday. The company has a debt-to-equity ratio of 0.
05, a current ratio of 0.52 and a quick ratio of 0.52.
The stock’s 50 day simple moving average is $8.05 and its 200-day simple moving average is $9.70.
The stock has a market cap of $393.17 million, a P/E ratio of -6.90 and a beta of 0.
87. Green Dot Co. has a 1-year low of $6.
12 and a 1-year high of $13.58. Wall Street Analysts Forecast GrowthSeveral brokerages have recently issued reports on GDOT.
Keefe, Bruyette & Woods dropped their target price on shares of Green Dot from $12.00 to $10.00 and set a “market perform” rating on the stock in a research report on Friday, February 28th.
Barclays cut their price objective on Green Dot from $10.00 to $7.00 and set an “underweight” rating for the company in a research note on Monday, March 3rd.
Craig Hallum upgraded Green Dot from a “hold” rating to a “buy” rating and set a $14.00 target price on the stock in a research report on Friday, March 14th. Northland Securities upgraded Green Dot from a “market perform” rating to an “outperform” rating and set a $12.
00 price target for the company in a research report on Wednesday. Finally, Northland Capmk raised Green Dot from a “hold” rating to a “strong-buy” rating in a research note on Wednesday. One research analyst has rated the stock with a sell rating, two have given a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company’s stock.
According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $10.75.Get Our Latest Report on GDOTGreen Dot Company Profile (Free Report)Green Dot Corporation, a financial technology and registered bank holding company, provides various financial services to consumers and businesses in the United States.
It operates through three segments: Consumer Services, Business to Business Services, and Money Movement Services. The company provides deposit account programs, including consumer and small business checking account products, network-branded reloadable prepaid debit cards and gift cards, and secured credit programs.Further ReadingFive stocks we like better than Green DotWhat is a Dividend King? Joby Aviation: Operational Momentum vs.
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