Bessemer Group Inc. cut its stake in shares of Meta Financial Group, Inc. (NASDAQ:CASH) by 17.4% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 13,300 shares of the savings and loans company’s stock after selling 2,800 shares during the period. Bessemer Group Inc. owned about 0.14% of Meta Financial Group worth $1,043,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. First Trust Advisors LP increased its stake in shares of Meta Financial Group by 71.8% in the 2nd quarter. First Trust Advisors LP now owns 42,948 shares of the savings and loans company’s stock worth $3,822,000 after purchasing an additional 17,946 shares in the last quarter. Pacific Ridge Capital Partners LLC increased its stake in shares of Meta Financial Group by 22.1% in the 2nd quarter. Pacific Ridge Capital Partners LLC now owns 73,396 shares of the savings and loans company’s stock worth $6,532,000 after purchasing an additional 13,270 shares in the last quarter. AQR Capital Management LLC increased its stake in shares of Meta Financial Group by 0.4% in the 1st quarter. AQR Capital Management LLC now owns 32,982 shares of the savings and loans company’s stock worth $2,919,000 after purchasing an additional 135 shares in the last quarter. Prudential Financial Inc. purchased a new stake in shares of Meta Financial Group in the 2nd quarter worth $266,000. Finally, Swiss National Bank increased its stake in shares of Meta Financial Group by 11.3% in the 2nd quarter. Swiss National Bank now owns 14,800 shares of the savings and loans company’s stock worth $1,317,000 after purchasing an additional 1,500 shares in the last quarter. Hedge funds and other institutional investors own 73.28% of the company’s stock.

Several equities research analysts have recently commented on the company. Keefe, Bruyette & Woods restated a “buy” rating and issued a $88.00 price objective on shares of Meta Financial Group in a research note on Thursday, October 12th. Zacks Investment Research upgraded Meta Financial Group from a “sell” rating to a “hold” rating in a research note on Wednesday, September 27th. B. Riley set a $100.00 price objective on Meta Financial Group and gave the stock a “buy” rating in a research note on Thursday. BidaskClub lowered Meta Financial Group from a “buy” rating to a “hold” rating in a research note on Monday, July 31st. Finally, FBR & Co restated a “hold” rating and issued a $95.00 price objective on shares of Meta Financial Group in a research note on Wednesday, October 11th. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of $95.75.

In other Meta Financial Group news, Director Frederick V. Moore sold 450 shares of the stock in a transaction on Tuesday, September 19th. The stock was sold at an average price of $71.75, for a total value of $32,287.50. Following the completion of the sale, the director now owns 100 shares in the company, valued at approximately $7,175. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Frederick V. Moore purchased 1,393 shares of the business’s stock in a transaction on Wednesday, September 20th. The stock was acquired at an average price of $71.70 per share, with a total value of $99,878.10. Following the purchase, the director now directly owns 100 shares in the company, valued at approximately $7,170. The disclosure for this purchase can be found here. Corporate insiders own 6.06% of the company’s stock.

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Shares of Meta Financial Group, Inc. (NASDAQ:CASH) opened at $85.00 on Thursday. Meta Financial Group, Inc. has a 12 month low of $60.70 and a 12 month high of $106.90. The company has a quick ratio of 0.37, a current ratio of 0.55 and a debt-to-equity ratio of 0.20. The stock has a market capitalization of $818.88, a price-to-earnings ratio of 12.14 and a beta of 0.89.

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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