Zweig DiMenna Associates LLC reduced its position in shares of Meta Financial Group, Inc. (NASDAQ:CASH) by 1.8% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 46,235 shares of the savings and loans company’s stock after selling 865 shares during the period. Zweig DiMenna Associates LLC owned approximately 0.49% of Meta Financial Group worth $4,115,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of CASH. Second Curve Capital LLC raised its position in shares of Meta Financial Group by 49.2% in the first quarter. Second Curve Capital LLC now owns 424,732 shares of the savings and loans company’s stock valued at $37,589,000 after buying an additional 140,000 shares during the last quarter. Stifel Financial Corp raised its position in shares of Meta Financial Group by 2,444.8% in the first quarter. Stifel Financial Corp now owns 109,909 shares of the savings and loans company’s stock valued at $9,762,000 after buying an additional 105,590 shares during the last quarter. Thrivent Financial For Lutherans raised its position in shares of Meta Financial Group by 72.8% in the first quarter. Thrivent Financial For Lutherans now owns 238,690 shares of the savings and loans company’s stock valued at $21,124,000 after buying an additional 100,580 shares during the last quarter. Northpointe Capital LLC acquired a new position in shares of Meta Financial Group during the second quarter valued at $6,380,000. Finally, Elk Creek Partners LLC acquired a new position in shares of Meta Financial Group during the first quarter valued at $5,743,000. Institutional investors and hedge funds own 76.05% of the company’s stock.

Meta Financial Group, Inc. (NASDAQ:CASH) opened at 69.10 on Friday. The company has a 50-day moving average price of $80.25 and a 200 day moving average price of $85.53. Meta Financial Group, Inc. has a 12 month low of $59.42 and a 12 month high of $106.90. The stock has a market capitalization of $646.02 million, a price-to-earnings ratio of 12.74 and a beta of 0.89.

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Several research analysts recently weighed in on CASH shares. 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 research report on Friday, July 28th. BidaskClub upgraded Meta Financial Group from a “hold” rating to a “buy” rating in a research report on Thursday, July 6th. ValuEngine lowered Meta Financial Group from a “strong-buy” rating to a “buy” rating in a research report on Thursday. Zacks Investment Research upgraded Meta Financial Group from a “hold” rating to a “buy” rating and set a $97.00 price objective for the company in a research report on Tuesday, June 27th. Finally, Keefe, Bruyette & Woods reiterated a “buy” rating and issued a $121.00 price objective on shares of Meta Financial Group in a research report on Monday, June 26th. Three investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of $104.33.

In other Meta Financial Group news, Chairman J Tyler Haahr sold 5,000 shares of the stock in a transaction that occurred on Tuesday, August 8th. The shares were sold at an average price of $73.07, for a total value of $365,350.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Douglas J. Hajek sold 440 shares of the stock in a transaction that occurred on Thursday, June 15th. The stock was sold at an average price of $90.31, for a total transaction of $39,736.40. Following the completion of the sale, the director now owns 2,867 shares of the company’s stock, valued at approximately $258,918.77. The disclosure for this sale can be found here. In the last quarter, insiders sold 15,440 shares of company stock valued at $1,289,336. 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.

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

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