November 29, 2016 - By Peter Kolinski
Looking at the trade Tyler Haahr made he is in the insider trading spotlight today. The Chairman of the Board & CEO of Meta Financial Group Inc and an insider, made a sale of 11,000 shares worth $1,033,858 U.S Dollars. The average price was $94.0 per share. For complete information of this sale please access the SEC’s report available here. Tyler Haahr now holds 3.00% of the Company’s market cap with ownership of 252,296 shares.
Out of 2 analysts covering Meta Financial Group (NASDAQ:CASH), 2 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. $67 is the highest target while $55 is the lowest. The $67 average target is -28.84% below today’s ($94.16) stock price. Meta Financial Group has been the topic of 3 analyst reports since October 13, 2015 according to StockzIntelligence Inc. Sandler O’Neill upgraded the shares of CASH in a report on Tuesday, October 13 to “Buy” rating. Wood initiated the shares of CASH in a report on Thursday, April 7 with “Outperform” rating. The stock of Meta Financial Group Inc. (NASDAQ:CASH) earned “Outperform” rating by Wood on Monday, August 15.
Insitutional Activity: The institutional sentiment decreased to 2.52 in 2016 Q2. Its down 0.44, from 2.96 in 2016Q1. The ratio turned negative, as 3 funds sold all Meta Financial Group Inc. shares owned while 20 reduced positions. 27 funds bought stakes while 41 increased positions. They now own 5.74 million shares or 9.81% more from 5.22 million shares in 2016Q1.
Morgan Stanley has 1,360 shares for 0% of their US portfolio. Iowa Comml Bank holds 270 shares or 0.01% of its portfolio. Ftb Advisors, a Tennessee-based fund reported 44 shares. Cadence Mngmt Ltd Limited Liability Company last reported 18,305 shares in the company. Highbridge Mgmt Ltd Liability has 0.01% invested in the company for 8,422 shares. Ashford owns 400,450 shares or 4.56% of their US portfolio. Friess Lc owns 13,300 shares or 0.07% of their US portfolio. Vanguard Grp accumulated 0% or 254,830 shares. Northern Tru Corp holds 105,480 shares or 0% of its portfolio. Citigroup, a New York-based fund reported 1,437 shares. Mufg Americas Hldg accumulated 0% or 173 shares. The Kansas-based Creative Planning has invested 0% in Meta Financial Group Inc. (NASDAQ:CASH). Financial Bank Of Ny Mellon accumulated 33,697 shares or 0% of the stock. Brandywine Management Ltd Com last reported 0% of its portfolio in the stock. Systematic Financial Management Ltd Partnership accumulated 0.02% or 25,873 shares.
About 67,751 shares traded hands or 3.95% up from the average. Meta Financial Group Inc. (NASDAQ:CASH) has risen 106.35% since April 25, 2016 and is uptrending. It has outperformed by 100.34% the S&P500.
Meta Financial Group, Inc. is a unitary savings and loan holding company. The company has a market cap of $796.11 million. The Firm operates through its banking subsidiary, MetaBank. It has a 23.94 P/E ratio. 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 firm providing services on a nationwide basis.
According to Zacks Investment Research, “Meta Financial Group, Inc. is the holding company for federally chartered savings bank MetaBank, Member FDIC. Headquartered in Sioux Falls, S.D., MetaBank operates in both the Banking and Payments industries: MetaBank, its retail banking division; Meta Payment Systems, its electronic payments division; AFS/IBEX, its insurance premium finance division; and Refund Advantage, its tax refund-transfer software division. The synergies among the four provide a unique business model for the company.”
Analysts await Meta Financial Group Inc. (NASDAQ:CASH) to report earnings on January, 26. They expect $0.75 EPS, up 25.00% or $0.15 from last year’s $0.6 per share. CASH’s profit will be $6.34 million for 31.39 P/E if the $0.75 EPS becomes a reality. After $1.03 actual EPS reported by Meta Financial Group Inc. for the previous quarter, Wall Street now forecasts -27.18% negative EPS growth.
More recent Meta Financial Group Inc. (NASDAQ:CASH) news were published by: Marketwatch.com which released: “Meta Financial Group Inc.” on October 21, 2010. Also Globenewswire.com published the news titled: “Meta Financial Group, Inc.® Reports Results for 2016 Fiscal Fourth Quarter and ..” on October 25, 2016. Globenewswire.com‘s news article titled: “Meta Financial Group, Inc.® Announces Pricing of $75 Million Subordinated Notes” with publication date: August 11, 2016 was also an interesting one.
Meta Financial Group, Inc., incorporated on June 14, 1993, is a unitary savings and loan holding company. The Firm operates through its banking subsidiary, MetaBank (the Bank). 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 firm providing services on a nationwide basis. The Company’s divisions include Retail Banking and Meta Payment Systems (MPS). The Retail Banking segment includes AFS/IBEX Financial Services Inc. (AFS/IBEX). It operates as a traditional community bank providing deposit, loan and other related products to individuals and small businesses, primarily in the communities where its offices are located. MPS provides a range of services and products to financial institutions and other businesses, including issuance of prepaid debit cards, sponsorship of automated teller machines (ATM) into the debit networks, credit programs, automated clearing house (ACH) origination services, gift card programs, rebate programs, travel programs and tax-related programs and services. The Bank operates approximately 10 full-service branch banking offices in four market areas in Iowa and South Dakota: Northwest Iowa, Brookings, Central Iowa and Sioux Empire, one non-retail service branch in Memphis, Tennessee, and three non-branch offices located in Texas, California and Kentucky related to the Bank’s AFS/IBEX and Refund Advantage operations.
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.