Meta Financial Group, Inc. (NASDAQ:CASH)‘s stock had its “hold” rating reissued by research analysts at FBR & Co in a research report issued on Wednesday. They presently have a $95.00 price objective on the savings and loans company’s stock. FBR & Co’s target price would suggest a potential upside of 11.76% from the stock’s previous close.

A number of other equities analysts have also weighed in on CASH. Keefe, Bruyette & Woods restated a “buy” rating and issued a $121.00 price objective on shares of Meta Financial Group in a report on Monday, June 26th. BidaskClub upgraded shares of Meta Financial Group from a “hold” rating to a “buy” rating in a report on Thursday, July 6th. Zacks Investment Research lowered shares of Meta Financial Group from a “buy” rating to a “hold” rating in a report on Friday, July 28th. Finally, ValuEngine lowered shares of Meta Financial Group from a “strong-buy” rating to a “buy” rating in a report on Thursday, August 24th. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $108.00.

Shares of Meta Financial Group (CASH) traded up 9.40% during mid-day trading on Wednesday, hitting $85.00. The company had a trading volume of 247,749 shares. The firm has a 50-day moving average price of $73.42 and a 200-day moving average price of $82.25. Meta Financial Group has a 52 week low of $60.70 and a 52 week high of $106.90. The firm has a market capitalization of $794.67 million, a PE ratio of 15.67 and a beta of 0.88.

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In other Meta Financial Group news, Director Frederick V. Moore sold 450 shares of the business’s stock in a transaction on Tuesday, September 19th. The shares were sold at an average price of $71.75, for a total transaction of $32,287.50. Following the completion of the sale, the director now directly owns 100 shares in the company, valued at approximately $7,175. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, Chairman J Tyler Haahr sold 5,000 shares of the business’s stock in a transaction on Tuesday, August 8th. The shares were sold at an average price of $73.07, for a total transaction of $365,350.00. The disclosure for this sale can be found here. 6.06% of the stock is currently owned by insiders.

Institutional investors and hedge funds have recently made changes to their positions in the business. SG Americas Securities LLC purchased a new stake in Meta Financial Group during the 2nd quarter valued at $112,000. Victory Capital Management Inc. purchased a new stake in Meta Financial Group during the 1st quarter valued at $122,000. Legal & General Group Plc raised its stake in Meta Financial Group by 6.6% during the 2nd quarter. Legal & General Group Plc now owns 2,100 shares of the savings and loans company’s stock valued at $186,000 after buying an additional 130 shares during the last quarter. Bank of America Corp DE raised its stake in Meta Financial Group by 86.6% during the 1st quarter. Bank of America Corp DE now owns 2,112 shares of the savings and loans company’s stock valued at $187,000 after buying an additional 980 shares during the last quarter. Finally, 1st Global Advisors Inc. raised its stake in Meta Financial Group by 1.3% during the 2nd quarter. 1st Global Advisors Inc. now owns 2,461 shares of the savings and loans company’s stock valued at $219,000 after buying an additional 32 shares during the last quarter. Institutional investors and hedge funds own 74.23% of the company’s stock.

Meta Financial Group Company Profile

Meta Financial Group, Inc is a unitary savings and loan holding company. The Company operates through its banking subsidiary, MetaBank (the Bank). Its segments include Payments, Banking, and Corporate Services/Other. MetaBank is both a community-oriented financial institution offering a range of financial services to meet the needs of the communities it serves and a payments company providing services on a nationwide basis.

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