6 days Ago By Defense World Staff
Sei Investments Co. purchased a new position in shares of Green Dot Co. (NYSE:GDOT – Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission.
The fund purchased 20,351 shares of the financial services provider’s stock, valued at approximately $217,000. A number of other hedge funds also recently bought and sold shares of GDOT. Geode Capital Management LLC lifted its position in 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. JPMorgan Chase & Co.
increased its stake in shares of 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 during the last quarter. Barclays PLC raised its holdings in shares of Green Dot by 342.0% during the 3rd quarter.
Barclays PLC now owns 88,504 shares of the financial services provider’s stock worth $1,036,000 after acquiring an additional 68,481 shares during the period. FMR LLC boosted its position 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 acquiring an additional 16,917 shares during the last quarter. Finally, Principal Financial Group Inc. grew its holdings in shares of Green Dot by 3.
0% in the fourth quarter. Principal Financial Group Inc. now owns 260,772 shares of the financial services provider’s stock valued at $2,775,000 after purchasing an additional 7,642 shares during the period.
Institutional investors and hedge funds own 92.56% of the company’s stock. Green Dot Stock Up 1.
3 %Shares of NYSE:GDOT opened at $7.33 on Friday. Green Dot Co.
has a fifty-two week low of $6.12 and a fifty-two week high of $13.58.
The firm’s 50 day moving average price is $8.02 and its 200 day moving average price is $9.67.
The company has a quick ratio of 0.52, a current 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. Analyst Ratings ChangesA number of equities analysts have commented on the stock.
Barclays reduced their target price on shares of Green Dot from $10.00 to $7.00 and set an “underweight” rating on the stock in a research note on Monday, March 3rd.
Northland Securities raised shares of Green Dot from a “market perform” rating to an “outperform” rating and set a $12.00 price target on the stock in a research report on Wednesday. Northland Capmk upgraded Green Dot from a “hold” rating to a “strong-buy” rating in a research report on Wednesday.
Keefe, Bruyette & Woods decreased their price target on Green Dot from $12.00 to $10.00 and set a “market perform” rating on the stock in a research note on Friday, February 28th.
Finally, 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 report on Friday, March 14th. One research 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.
According to data from MarketBeat.com, Green Dot presently has an average rating of “Moderate Buy” and a consensus target price of $10.75.
Read Our Latest Stock Analysis on Green DotGreen 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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