2 weeks Ago By Defense World Staff
Green Dot Co. ( NYSE:GDOT – Get Free Report ) was the recipient of a large decrease in short interest in the month of September. As of September 15th, there was short interest totalling 1,480,000 shares, a decrease of 10.
8% from the August 31st total of 1,660,000 shares. Approximately 2.9% of the company’s stock are sold short.
Based on an average trading volume of 466,800 shares, the days-to-cover ratio is presently 3.2 days. Institutional Inflows and Outflows A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock.
SG Capital Management LLC bought a new position in Green Dot in the 1st quarter worth about $4,254,000. American Century Companies Inc. increased its position in Green Dot by 79.
0% in the 2nd quarter. American Century Companies Inc. now owns 322,692 shares of the financial services provider’s stock valued at $3,049,000 after acquiring an additional 142,377 shares during the period.
BNP Paribas Financial Markets raised its stake in Green Dot by 41.4% during the 1st quarter. BNP Paribas Financial Markets now owns 157,703 shares of the financial services provider’s stock valued at $1,471,000 after acquiring an additional 46,179 shares in the last quarter.
Quest Partners LLC acquired a new position in Green Dot during the 2nd quarter worth $685,000. Finally, State Board of Administration of Florida Retirement System grew its stake in shares of Green Dot by 40.5% in the first quarter.
State Board of Administration of Florida Retirement System now owns 18,689 shares of the financial services provider’s stock worth $174,000 after purchasing an additional 5,390 shares in the last quarter. Institutional investors and hedge funds own 92.56% of the company’s stock.
Green Dot Stock Up 0.7 % NYSE:GDOT opened at $11.67 on Friday.
Green Dot has a 52 week low of $7.30 and a 52 week high of $14.10.
The company has a market cap of $620.96 million, a PE ratio of -24.83 and a beta of 0.
91. The business’s 50 day moving average is $10.69 and its two-hundred day moving average is $9.
79. Wall Street Analyst Weigh In A number of research firms recently weighed in on GDOT. Keefe, Bruyette & Woods reaffirmed a “market perform” rating and set a $11.
00 price target on shares of Green Dot in a report on Monday, July 22nd. Barclays raised their target price on Green Dot from $7.00 to $10.
00 and gave the company an “underweight” rating in a research note on Monday, September 23rd. One research analyst has rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the company’s stock. According to data from MarketBeat.
com, the stock currently has a consensus rating of “Hold” and an average target price of $11.50. Get Our Latest Analysis on Green Dot Green Dot Company Profile ( Get 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 Reading Five stocks we like better than Green Dot The How and Why of Investing in Gold Stocks CarMax’s Impressive Rally: What Investors Should Watch Next Pros And Cons Of Monthly Dividend Stocks MarketBeat Week in Review – 9/23 – 9/27 Asset Allocation: The Key to a Successful Portfolio.
Are You Paying Attention to Yours? Wake Up to This Biotech Stock That Still Has Big Potential Upside Receive News & Ratings for Green Dot Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Green Dot and related companies with MarketBeat.com's FREE daily email newsletter ..
