As Green Dot Corp (GDOT) Share Value Rose, Shareholder Harvest Capital Strategies LLC Has Decreased Holding by $91.42 Million

March 14, 2018 - By Linda Rogers

Investors sentiment increased to 1.38 in 2017 Q3. Its up 0.47, from 0.91 in 2017Q2. It is positive, as 16 investors sold GDOT shares while 58 reduced holdings. 36 funds opened positions while 66 raised stakes. 39.20 million shares or 6.77% more from 36.72 million shares in 2017Q2 were reported. State Street Corporation has invested 0% of its portfolio in Green Dot Corporation (NYSE:GDOT). Hbk LP has invested 0.09% of its portfolio in Green Dot Corporation (NYSE:GDOT). Goldman Sachs Group Incorporated Incorporated invested in 280,592 shares or 0% of the stock. Balyasny Asset Management Ltd holds 0.01% of its portfolio in Green Dot Corporation (NYSE:GDOT) for 62,327 shares. Quantbot Technologies Lp has 0.02% invested in Green Dot Corporation (NYSE:GDOT). Suntrust Banks reported 4,516 shares or 0% of all its holdings. Alliancebernstein Ltd Partnership holds 0% or 64,500 shares. Great West Life Assurance Can invested in 60,769 shares or 0.01% of the stock. Moreover, Hsbc Hldgs Plc has 0% invested in Green Dot Corporation (NYSE:GDOT) for 25,187 shares. Tci Wealth Advsr owns 70 shares. Prtnrs Lc holds 81,903 shares or 0.13% of its portfolio. Pub Employees Retirement Association Of Colorado holds 0% or 10,526 shares. Ahl Prns Llp reported 66,885 shares or 0.06% of all its holdings. 1832 Asset Mngmt Ltd Partnership reported 0% stake. New York State Common Retirement Fund invested in 0.01% or 102,662 shares.

Since September 19, 2017, it had 0 insider buys, and 24 insider sales for $16.59 million activity. The insider Shifke Mark L sold 6,500 shares worth $399,053. The insider Unruh Jess sold $780,018. 10,000 shares valued at $495,434 were sold by Aldrich Kenneth C on Monday, October 2. The insider Archer Kuan sold $759,223. The insider Bridgforth-Hodges Glinda sold 8,952 shares worth $583,170. Dent Mary also sold $457,616 worth of Green Dot Corporation (NYSE:GDOT) shares.

Harvest Capital Strategies Llc decreased its stake in Green Dot Corp (GDOT) by 45.8% based on its latest 2017Q3 regulatory filing with the SEC. Harvest Capital Strategies Llc sold 1.87M shares as the company’s stock rose 33.10% with the market. The institutional investor held 2.21M shares of the consumer services company at the end of 2017Q3, valued at $109.47M, down from 4.07M at the end of the previous reported quarter. Harvest Capital Strategies Llc who had been investing in Green Dot Corp for a number of months, seems to be less bullish one the $3.47B market cap company. The stock decreased 0.04% or $0.03 during the last trading session, reaching $67.62. About 353,677 shares traded. Green Dot Corporation (NYSE:GDOT) has risen 53.57% since March 14, 2017 and is uptrending. It has outperformed by 36.87% the S&P500.

Harvest Capital Strategies Llc, which manages about $1.58 billion and $523.53M US Long portfolio, upped its stake in Ascena Retail Group Inc (NASDAQ:ASNA) by 9.90 million shares to 11.90 million shares, valued at $29.16M in 2017Q3, according to the filing.

Analysts await Green Dot Corporation (NYSE:GDOT) to report earnings on May, 8. They expect $1.11 EPS, up 19.35 % or $0.18 from last year’s $0.93 per share. GDOT’s profit will be $56.93M for 15.23 P/E if the $1.11 EPS becomes a reality. After $0.11 actual EPS reported by Green Dot Corporation for the previous quarter, Wall Street now forecasts 909.09 % EPS growth.

More recent Green Dot Corporation (NYSE:GDOT) news were published by: which released: “Anatomy of Success: Green Dot Corporation (GDOT)” on February 06, 2018. Also published the news titled: “Green Dot’s (GDOT) CEO Steven Streit on Q4 2017 Results – Earnings Call Transcript” on February 22, 2018.‘s news article titled: “Earnings Reaction History: Green Dot Corporation, 75.0% Follow-Through …” with publication date: February 21, 2018 was also an interesting one.

Green Dot Corporation (NYSE:GDOT) Ratings Coverage

Among 18 analysts covering Green Dot (NYSE:GDOT), 9 have Buy rating, 0 Sell and 9 Hold. Therefore 50% are positive. Green Dot had 50 analyst reports since August 5, 2015 according to SRatingsIntel. The rating was maintained by Jefferies with “Buy” on Wednesday, October 11. The rating was maintained by Citigroup with “Buy” on Monday, September 18. Northland Capital maintained the stock with “Buy” rating in Tuesday, September 26 report. The rating was initiated by Lake Street with “Hold” on Monday, June 26. The firm earned “Market Perform” rating on Thursday, February 22 by Cowen & Co. The rating was upgraded by Portales Partners to “Sector Perform” on Tuesday, August 25. The stock of Green Dot Corporation (NYSE:GDOT) earned “Buy” rating by Loop Capital on Tuesday, January 10. The stock of Green Dot Corporation (NYSE:GDOT) earned “Market Perform” rating by Cowen & Co on Wednesday, September 30. The rating was upgraded by Lake Street to “Buy” on Wednesday, August 9. The stock of Green Dot Corporation (NYSE:GDOT) earned “Hold” rating by Cowen & Co on Tuesday, August 8.

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