Meta Financial Group, Inc. (NASDAQ:CASH) CEO Bradley C. Hanson sold 35,972 shares of the company’s stock in a transaction on Monday, January 11th. The shares were sold at an average price of $38.46, for a total value of $1,383,483.12. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Shares of NASDAQ CASH opened at $38.53 on Thursday. The firm has a market capitalization of $1.29 billion, a P/E ratio of 13.20 and a beta of 0.96. The company has a quick ratio of 0.72, a current ratio of 0.76 and a debt-to-equity ratio of 0.12. The stock’s 50-day simple moving average is $35.99 and its two-hundred day simple moving average is $25.48. Meta Financial Group, Inc. has a twelve month low of $13.09 and a twelve month high of $41.00.

Meta Financial Group (NASDAQ:CASH) last announced its earnings results on Wednesday, October 28th. The savings and loans company reported $0.38 earnings per share for the quarter, topping analysts’ consensus estimates of $0.18 by $0.20. The business had revenue of $105.26 million for the quarter, compared to analyst estimates of $96.60 million. Meta Financial Group had a return on equity of 10.41% and a net margin of 19.66%. As a group, research analysts anticipate that Meta Financial Group, Inc. will post 3.14 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Monday, January 4th. Shareholders of record on Thursday, December 10th were paid a $0.05 dividend. The ex-dividend date was Wednesday, December 9th. This represents a $0.20 dividend on an annualized basis and a yield of 0.52%. Meta Financial Group’s dividend payout ratio is currently 8.23%.

A number of hedge funds and other institutional investors have recently made changes to their positions in CASH. Wetherby Asset Management Inc. bought a new position in Meta Financial Group in the 3rd quarter worth about $10,259,000. Walkner Condon Financial Advisors LLC purchased a new stake in Meta Financial Group during the 3rd quarter valued at about $4,845,000. BlackRock Inc. boosted its holdings in Meta Financial Group by 3.6% during the 3rd quarter. BlackRock Inc. now owns 4,917,646 shares of the savings and loans company’s stock valued at $94,518,000 after acquiring an additional 170,545 shares during the period. Maltese Capital Management LLC boosted its holdings in Meta Financial Group by 800.0% during the 3rd quarter. Maltese Capital Management LLC now owns 180,000 shares of the savings and loans company’s stock valued at $3,460,000 after acquiring an additional 160,000 shares during the period. Finally, JPMorgan Chase & Co. boosted its holdings in Meta Financial Group by 107.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 200,902 shares of the savings and loans company’s stock valued at $3,876,000 after acquiring an additional 104,002 shares during the period. Institutional investors and hedge funds own 73.07% of the company’s stock.

A number of research analysts have recently commented on CASH shares. BidaskClub raised Meta Financial Group from a “buy” rating to a “strong-buy” rating in a research report on Monday, October 26th. ValuEngine cut Meta Financial Group from a “sell” rating to a “strong sell” rating in a research report on Thursday, December 3rd. TheStreet upgraded Meta Financial Group from a “c+” rating to a “b-” rating in a research note on Friday, December 4th. Raymond James reiterated a “buy” rating on shares of Meta Financial Group in a research note on Tuesday, November 17th. Finally, B. Riley boosted their price objective on Meta Financial Group from $42.00 to $46.00 and gave the company a “buy” rating in a research note on Thursday, January 7th. One research analyst has rated the stock with a sell rating, one has given a hold rating, four have issued a buy rating and one has given a strong buy rating to the company’s stock. Meta Financial Group presently has an average rating of “Buy” and a consensus target price of $34.00.

About Meta Financial Group

Meta Financial Group, Inc operates as the holding company for MetaBank that offers various banking products and services in the United States. It operates through three segments: Consumer, Commercial, and Corporate Services/Other. The company offers demand deposit accounts, savings accounts, money market savings accounts, and certificate accounts; term lending, asset based lending, factoring, lease financing, insurance premium financing, warehouse financing, and healthcare receivables loans; and consumer credit products.

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Insider Buying and Selling by Quarter for Meta Financial Group (NASDAQ:CASH)

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