Meta Financial Group Incorporated (NASDAQ:CASH)’s Stock Is Buy After Less Market Selling

September 17, 2017 - By Michael Collier

 Meta Financial Group Incorporated (NASDAQ:CASH)'s Stock Is Buy After Less Market Selling

Investors sentiment decreased to 1.93 in Q4 2016. Its down 0.59, from 2.52 in 2016Q3. It is negative, as 10 investors sold Meta Financial Group Inc. shares while 36 reduced holdings. 40 funds opened positions while 49 raised stakes. 6.29 million shares or 5.28% more from 5.98 million shares in 2016Q3 were reported.
Minnesota-based Thrivent Fincl For Lutherans has invested 0.06% in Meta Financial Group Inc. (NASDAQ:CASH). Guggenheim Cap holds 0% or 12,451 shares. Moreover, 1St Glob Advsr has 0.03% invested in Meta Financial Group Inc. (NASDAQ:CASH) for 2,672 shares. Aqr Management Ltd Company stated it has 32,847 shares or 0% of all its holdings. Jane Street Group Ltd Liability Corp has 2,125 shares for 0% of their portfolio. State Teachers Retirement Systems accumulated 0% or 700 shares. 15,647 are held by Susquehanna Grp Inc Llp. 3,268 are owned by State Board Of Administration Of Florida Retirement Sys. Second Curve Cap Lc stated it has 11.09% in Meta Financial Group Inc. (NASDAQ:CASH). Amer Century Inc reported 35,703 shares. Cornerstone Cap Mngmt Lc invested in 0.05% or 60,558 shares. D E Shaw Communication Inc stated it has 0% in Meta Financial Group Inc. (NASDAQ:CASH). Patriot Fincl Partners Gru L P has invested 11.81% in Meta Financial Group Inc. (NASDAQ:CASH). Globeflex L P invested 0.13% of its portfolio in Meta Financial Group Inc. (NASDAQ:CASH). Ameriprise Fincl Inc holds 24,974 shares.

Since April 5, 2017, it had 1 insider purchase, and 4 sales for $1.26 million activity. HAAHR J TYLER also sold $434,292 worth of Meta Financial Group Inc. (NASDAQ:CASH) shares. 1,000 shares valued at $83,630 were bought by Hoople Elizabeth G. on Monday, May 15. Shares for $39,735 were sold by Hajek Douglas J. on Thursday, June 15.

The stock of Meta Financial Group Incorporated (NASDAQ:CASH) registered a decrease of 12.93% in short interest. CASH’s total short interest was 195,200 shares in September as published by FINRA. Its down 12.93% from 224,200 shares, reported previously. With 55,000 shares average volume, it will take short sellers 4 days to cover their CASH’s short positions. The short interest to Meta Financial Group Incorporated’s float is 2.23%.

The stock decreased 2.01% or $1.55 on September 15, reaching $75.45. About 1.32 million shares traded or 823.28% up from the average. Meta Financial Group Inc. (NASDAQ:CASH) has risen 72.00% since September 17, 2016 and is uptrending. It has outperformed by 55.30% the S&P500.

Meta Financial Group, Inc. is a unitary savings and loan holding company. The company has market cap of $705.46 million. The Firm operates through its banking subsidiary, MetaBank . It has a 14.19 P/E ratio. The Company’s divisions include Payments, Banking, and Corporate Services/Other.

Meta Financial Group Inc. (NASDAQ:CASH) Ratings Coverage

Among 4 analysts covering Meta Financial Group (NASDAQ:CASH), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. Meta Financial Group had 7 analyst reports since October 13, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Friday, July 28 by FBR Capital. The firm earned “Buy” rating on Thursday, June 1 by FBR Capital. The rating was maintained by Wood on Monday, August 15 with “Outperform”. The stock has “Buy” rating by Sandler O’Neill on Tuesday, October 13. The stock of Meta Financial Group Inc. (NASDAQ:CASH) earned “Buy” rating by Keefe Bruyette & Woods on Monday, June 26. The stock has “Outperform” rating by Wood on Thursday, April 7. The stock has “Outperform” rating by FBR Capital on Tuesday, January 10.

More important recent Meta Financial Group Inc. (NASDAQ:CASH) news were published by: Globenewswire.com which released: “Meta Financial Group, Inc.® Reports Results for Second Quarter of Fiscal 2017” on April 26, 2017, also Globenewswire.com published article titled: “Meta Financial Group, Inc.® Reports Results for First Quarter of Fiscal 2017”, Globenewswire.com published: “Meta Financial Group, Inc. ® Joins S&P SmallCap 600” on September 11, 2017. More interesting news about Meta Financial Group Inc. (NASDAQ:CASH) was released by: Nasdaq.com and their article: “Meta Financial Group, Inc. (CASH) Ex-Dividend Date Scheduled for September 07 …” with publication date: September 06, 2017.

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