Is Buying Meta Financial Group Incorporated (NASDAQ:CASH) Here Good Idea?

September 17, 2017 - By Dolores Ford

 Is Buying Meta Financial Group Incorporated (NASDAQ:CASH) Here Good Idea?

Investors sentiment decreased to 1.93 in Q4 2016. Its down 0.59, from 2.52 in 2016Q3. It is negative, as 10 investors sold Meta Financial Group Inc. shares while 36 reduced holdings. 40 funds opened positions while 49 raised stakes. 6.29 million shares or 5.28% more from 5.98 million shares in 2016Q3 were reported.
Renaissance Technology Ltd Com stated it has 172,900 shares. Morgan Stanley stated it has 44,797 shares. Credit Agricole S A has invested 0.04% of its portfolio in Meta Financial Group Inc. (NASDAQ:CASH). Granahan Mngmt Ma holds 0.29% of its portfolio in Meta Financial Group Inc. (NASDAQ:CASH) for 81,170 shares. Moreover, Barclays Public Limited Com has 0% invested in Meta Financial Group Inc. (NASDAQ:CASH). Clarivest Asset Limited Liability Corporation invested in 0.2% or 71,768 shares. Tfs Capital Lc holds 1,947 shares. Invesco Ltd owns 0% invested in Meta Financial Group Inc. (NASDAQ:CASH) for 44,430 shares. Montana-based Da Davidson And has invested 0% in Meta Financial Group Inc. (NASDAQ:CASH). Goldman Sachs Gru Inc accumulated 0% or 3,442 shares. American Int Group Inc Incorporated Inc owns 0% invested in Meta Financial Group Inc. (NASDAQ:CASH) for 4,734 shares. Manufacturers Life Insur The owns 5,640 shares for 0% of their portfolio. Pnc Services Group Inc owns 38,767 shares. Boothbay Fund Mngmt Ltd Liability has 2,934 shares for 0.1% of their portfolio. Kcg Holdings accumulated 0.01% or 2,569 shares.

Since April 5, 2017, it had 1 buy, and 4 insider sales for $1.26 million activity. Hajek Douglas J. also sold $39,735 worth of Meta Financial Group Inc. (NASDAQ:CASH) shares. $83,630 worth of Meta Financial Group Inc. (NASDAQ:CASH) was bought by Hoople Elizabeth G. on Monday, May 15.

The stock of Meta Financial Group Incorporated (NASDAQ:CASH) registered a decrease of 12.93% in short interest. CASH’s total short interest was 195,200 shares in September as published by FINRA. Its down 12.93% from 224,200 shares, reported previously. With 55,000 shares average volume, it will take short sellers 4 days to cover their CASH’s short positions. The short interest to Meta Financial Group Incorporated’s float is 2.23%.

The stock decreased 2.01% or $1.55 on September 15, reaching $75.45. About 1.32 million shares traded or 823.28% up from the average. Meta Financial Group Inc. (NASDAQ:CASH) has risen 72.00% since September 17, 2016 and is uptrending. It has outperformed by 55.30% the S&P500.

Meta Financial Group, Inc. is a unitary savings and loan holding company. The company has market cap of $705.46 million. The Firm operates through its banking subsidiary, MetaBank . It has a 14.19 P/E ratio. The Company’s divisions include Payments, Banking, and Corporate Services/Other.

Meta Financial Group Inc. (NASDAQ:CASH) Ratings Coverage

Among 4 analysts covering Meta Financial Group (NASDAQ:CASH), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. Meta Financial Group had 7 analyst reports since October 13, 2015 according to SRatingsIntel. The stock of Meta Financial Group Inc. (NASDAQ:CASH) earned “Buy” rating by FBR Capital on Thursday, June 1. The company was initiated on Thursday, April 7 by Wood. The rating was upgraded by Sandler O’Neill to “Buy” on Tuesday, October 13. The firm earned “Hold” rating on Friday, July 28 by FBR Capital. The stock has “Outperform” rating by Wood on Monday, August 15. The stock of Meta Financial Group Inc. (NASDAQ:CASH) has “Outperform” rating given on Tuesday, January 10 by FBR Capital. The firm has “Buy” rating given on Monday, June 26 by Keefe Bruyette & Woods.

More important recent Meta Financial Group Inc. (NASDAQ:CASH) news were published by: Globenewswire.com which released: “Meta Financial Group, Inc. ® Joins S&P SmallCap 600” on September 11, 2017, also Globenewswire.com published article titled: “Meta Financial Group, Inc.® Reports Results for Second Quarter of Fiscal 2017”, Globenewswire.com published: “Meta Financial Group, Inc.® Reports Results for First Quarter of Fiscal 2017” on January 30, 2017. More interesting news about Meta Financial Group Inc. (NASDAQ:CASH) was released by: Nasdaq.com and their article: “Meta Financial Group, Inc. (CASH) Ex-Dividend Date Scheduled for September 07 …” with publication date: September 06, 2017.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.