Metropolitan Life Insurance Co. NY Sells 147 Shares of Meta Financial Group, Inc. (CASH)

Metropolitan Life Insurance Co. NY lowered its stake in shares of Meta Financial Group, Inc. (NASDAQ:CASH) by 2.5% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,822 shares of the savings and loans company’s stock after selling 147 shares during the period. Metropolitan Life Insurance Co. NY’s holdings in Meta Financial Group were worth $515,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Martingale Asset Management L P raised its position in Meta Financial Group by 25.7% in the first quarter. Martingale Asset Management L P now owns 52,808 shares of the savings and loans company’s stock valued at $4,674,000 after buying an additional 10,806 shares during the period. John W. Rosenthal Capital Management Inc. raised its position in Meta Financial Group by 40.0% in the first quarter. John W. Rosenthal Capital Management Inc. now owns 35,000 shares of the savings and loans company’s stock valued at $3,098,000 after buying an additional 10,000 shares during the period. Trexquant Investment LP bought a new position in Meta Financial Group during the first quarter valued at approximately $451,000. Zweig DiMenna Associates LLC bought a new position in Meta Financial Group during the first quarter valued at approximately $4,168,000. Finally, Virginia Retirement Systems ET AL bought a new position in Meta Financial Group during the first quarter valued at approximately $407,000. 74.12% of the stock is owned by institutional investors.

Shares of Meta Financial Group, Inc. (NASDAQ CASH) traded down 0.14% during trading on Friday, reaching $70.80. The company’s stock had a trading volume of 48,425 shares. The company has a market capitalization of $661.91 million, a P/E ratio of 13.05 and a beta of 0.89. Meta Financial Group, Inc. has a 12 month low of $56.51 and a 12 month high of $106.90. The company’s 50-day moving average is $84.62 and its 200-day moving average is $87.30.

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A number of brokerages recently issued reports on CASH. FBR & Co lowered Meta Financial Group from an “outperform” rating to a “market perform” rating and set a $95.00 price objective for the company. in a report on Friday, July 28th. Keefe, Bruyette & Woods reissued a “buy” rating and issued a $121.00 price objective on shares of Meta Financial Group in a report on Thursday, July 27th. BidaskClub raised Meta Financial Group from a “hold” rating to a “buy” rating in a report on Thursday, July 6th. ValuEngine lowered Meta Financial Group from a “strong-buy” rating to a “buy” rating in a report on Friday, May 26th. Finally, Zacks Investment Research raised Meta Financial Group from a “hold” rating to a “buy” rating and set a $97.00 price objective for the company in a report on Tuesday, June 27th. Three analysts have rated the stock with a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the company. Meta Financial Group presently has an average rating of “Buy” and an average price target of $104.33.

In other news, Director Douglas J. Hajek sold 440 shares of Meta Financial Group stock in a transaction on Thursday, June 15th. The shares were sold at an average price of $90.31, for a total transaction of $39,736.40. Following the transaction, the director now directly owns 2,867 shares of the company’s stock, valued at $258,918.77. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Chairman J Tyler Haahr sold 5,000 shares of Meta Financial Group stock in a transaction on Tuesday, August 8th. The stock was 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. Insiders have sold a total of 15,440 shares of company stock valued at $1,289,336 in the last ninety days. Company insiders own 6.06% 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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Institutional Ownership by Quarter for Meta Financial Group (NASDAQ:CASH)

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