6 days Ago By Defense World Staff
KLP Kapitalforvaltning AS purchased a new stake in Green Dot Co. (NYSE:GDOT – Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 7,900 shares of the financial services provider’s stock, valued at approximately $84,000.
Other institutional investors also recently modified their holdings of the company. FMR LLC grew its holdings in shares of Green Dot by 62.8% during the 3rd quarter.
FMR LLC now owns 43,835 shares of the financial services provider’s stock valued at $513,000 after purchasing an additional 16,917 shares during the last quarter. State Street Corp boosted its position in Green Dot by 5.6% in the third 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. Barclays PLC grew its stake in shares of Green Dot by 342.0% during the third quarter.
Barclays PLC now owns 88,504 shares of the financial services provider’s stock worth $1,036,000 after buying an additional 68,481 shares during the last quarter. Geode Capital Management LLC increased its holdings in shares of Green Dot by 9.0% during the third quarter.
Geode Capital Management LLC now owns 1,222,996 shares of the financial services provider’s stock worth $14,324,000 after buying an additional 101,008 shares in the last quarter. Finally, Principal Financial Group Inc. lifted its stake in shares of Green Dot by 11.
8% in the 3rd quarter. Principal Financial Group Inc. now owns 253,130 shares of the financial services provider’s stock valued at $2,964,000 after acquiring an additional 26,676 shares during the last quarter.
Institutional investors and hedge funds own 92.56% of the company’s stock. Green Dot Trading Up 1.
3 %Shares of GDOT stock opened at $7.33 on Friday. Green Dot Co.
has a 1-year low of $6.12 and a 1-year high of $13.58.
The company has a current ratio of 0.52, a quick ratio of 0.52 and a debt-to-equity ratio of 0.
05. The stock has a market cap of $397.61 million, a price-to-earnings ratio of -6.
98 and a beta of 0.87. The stock has a 50-day moving average of $8.
02 and a 200-day moving average of $9.67. Analysts Set New Price TargetsA number of equities research analysts recently weighed in on GDOT shares.
Barclays reduced their price objective on Green Dot from $10.00 to $7.00 and set an “underweight” rating on the stock in a research report on Monday, March 3rd.
Northland Securities upgraded Green Dot from a “market perform” rating to an “outperform” rating and set a $12.00 price target on the stock in a report on Wednesday. Craig Hallum raised Green Dot from a “hold” rating to a “buy” rating and set a $14.
00 price objective for the company in a research note on Friday, March 14th. Northland Capmk upgraded shares of Green Dot from a “hold” rating to a “strong-buy” rating in a research report on Wednesday. Finally, Keefe, Bruyette & Woods decreased their price target on shares of Green Dot from $12.
00 to $10.00 and set a “market perform” rating for the company in a research report on Friday, February 28th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company.
Based on data from MarketBeat.com, Green Dot has a consensus rating of “Moderate Buy” and a consensus target price of $10.75.
View 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.
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