2 weeks Ago By Defense World Staff
Sei Investments Co. boosted its position in Pathward Financial, Inc. (NASDAQ:CASH – Free Report) by 40.
3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 37,105 shares of the savings and loans company’s stock after acquiring an additional 10,657 shares during the quarter. Sei Investments Co.
owned 0.15% of Pathward Financial worth $2,730,000 as of its most recent filing with the Securities & Exchange Commission. A number of other large investors have also added to or reduced their stakes in the company.
Pinnacle Wealth Planning Services Inc. purchased a new stake in Pathward Financial during the fourth quarter valued at about $3,734,999,000. Revolve Wealth Partners LLC bought a new stake in shares of Pathward Financial in the 4th quarter valued at about $267,437,000.
State Street Corp boosted its holdings in Pathward Financial by 1.4% during the 3rd quarter. State Street Corp now owns 1,274,851 shares of the savings and loans company’s stock valued at $84,218,000 after acquiring an additional 17,004 shares during the period.
Geode Capital Management LLC grew its position in Pathward Financial by 2.8% during the 3rd quarter. Geode Capital Management LLC now owns 699,884 shares of the savings and loans company’s stock worth $46,206,000 after acquiring an additional 18,936 shares during the last quarter.
Finally, American Century Companies Inc. increased its stake in Pathward Financial by 10.8% in the 4th quarter.
American Century Companies Inc. now owns 643,150 shares of the savings and loans company’s stock worth $47,323,000 after purchasing an additional 62,931 shares during the period. Hedge funds and other institutional investors own 92.
66% of the company’s stock. Pathward Financial Stock PerformanceShares of NASDAQ:CASH opened at $67.53 on Friday.
The company has a current ratio of 0.77, a quick ratio of 0.76 and a debt-to-equity ratio of 0.
04. The company has a 50-day moving average price of $76.15 and a 200-day moving average price of $75.
49. The company has a market cap of $1.61 billion, a price-to-earnings ratio of 9.
84 and a beta of 0.69. Pathward Financial, Inc.
has a 12 month low of $48.15 and a 12 month high of $86.00.
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, topping the consensus estimate of $1.
24 by $0.05. Pathward Financial had a return on equity of 22.
02% and a net margin of 21.91%. The business had revenue of $173.
51 million during the quarter, compared to analysts’ expectations of $173.27 million. During the same quarter last year, the business posted $1.
06 EPS. The business’s revenue was up 6.6% on a year-over-year basis.
As a group, equities analysts anticipate that Pathward Financial, Inc. will post 7.26 EPS for the current year.
Pathward Financial Announces DividendThe business also recently declared a quarterly dividend, which was paid on Tuesday, April 1st. Investors of record on Thursday, March 13th were given a dividend of $0.05 per share.
This represents a $0.20 annualized dividend and a dividend yield of 0.30%.
The ex-dividend date of this dividend was Thursday, March 13th. Pathward Financial’s dividend payout ratio is currently 2.92%.
Wall Street Analysts Forecast GrowthSeparately, Piper Sandler dropped their price objective 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.
Check Out Our Latest Research Report on CASHAbout 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.
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