Northpointe Capital LLC purchased a new position in shares of Meta Financial Group, Inc. (NASDAQ:CASH) during the second quarter, according to its most recent disclosure with the SEC. The fund purchased 71,683 shares of the savings and loans company’s stock, valued at approximately $6,380,000. Northpointe Capital LLC owned about 0.77% of Meta Financial Group at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Wells Fargo & Company MN increased its stake in Meta Financial Group by 1.4% in the first quarter. Wells Fargo & Company MN now owns 5,531 shares of the savings and loans company’s stock worth $490,000 after buying an additional 78 shares during the period. Navellier & Associates Inc increased its stake in Meta Financial Group by 3.3% in the first quarter. Navellier & Associates Inc now owns 4,065 shares of the savings and loans company’s stock worth $360,000 after buying an additional 131 shares during the period. AQR Capital Management LLC increased its stake in Meta Financial Group by 0.4% in the first quarter. AQR Capital Management LLC now owns 32,982 shares of the savings and loans company’s stock worth $2,919,000 after buying an additional 135 shares during the period. Teachers Advisors LLC increased its stake in Meta Financial Group by 2.1% in the first quarter. Teachers Advisors LLC now owns 14,134 shares of the savings and loans company’s stock worth $1,251,000 after buying an additional 297 shares during the period. Finally, American International Group Inc. increased its stake in Meta Financial Group by 7.1% in the first quarter. American International Group Inc. now owns 5,071 shares of the savings and loans company’s stock worth $449,000 after buying an additional 337 shares during the period. 76.05% of the stock is owned by hedge funds and other institutional investors.

Meta Financial Group, Inc. (NASDAQ:CASH) opened at 72.40 on Wednesday. The firm has a market cap of $676.87 million, a PE ratio of 13.35 and a beta of 0.89. Meta Financial Group, Inc. has a 52 week low of $55.58 and a 52 week high of $106.90. The firm’s 50 day moving average price is $83.84 and its 200-day moving average price is $86.60.

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

In other Meta Financial Group news, Director Douglas J. Hajek sold 440 shares of the firm’s stock in a transaction dated Thursday, June 15th. The shares were sold at an average price of $90.31, for a total transaction of $39,736.40. Following the completion of the transaction, the director now owns 2,867 shares in the company, valued at $258,918.77. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Chairman J Tyler Haahr sold 5,000 shares of the firm’s stock in a transaction dated Wednesday, July 5th. The stock was sold at an average price of $88.96, for a total transaction of $444,800.00. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 15,440 shares of company stock worth $1,289,336. 6.06% of the stock is currently owned by company insiders.

About Meta Financial Group

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.

Institutional Ownership by Quarter for Meta Financial Group (NASDAQ:CASH)

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