Meta Financial Group Inc. (CASH) Reaches New 12-Month High at $53.88
Meta Financial Group Inc. (NASDAQ:CASH)’s share price reached a new 52-week high on Monday . The company traded as high as $53.88 and last traded at $53.28, with a volume of 11,438 shares trading hands. The stock had previously closed at $52.91.
A number of research firms recently weighed in on CASH. Zacks Investment Research lowered Meta Financial Group from a “hold” rating to a “sell” rating in a research report on Thursday, April 21st. Keefe, Bruyette & Woods began coverage on Meta Financial Group in a research report on Wednesday, April 6th. They set an “outperform” rating and a $55.00 price objective for the company.
The company has a 50 day moving average price of $51.40 and a 200 day moving average price of $45.80. The firm has a market capitalization of $454.28 million and a PE ratio of 15.07.
Meta Financial Group (NASDAQ:CASH) last posted its quarterly earnings data on Thursday, April 28th. The company reported $1.68 EPS for the quarter, topping analysts’ consensus estimates of $1.61 by $0.07. Equities research analysts predict that Meta Financial Group Inc. will post $3.77 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which was paid on Friday, July 1st. Stockholders of record on Tuesday, June 7th were given a dividend of $0.13 per share. The ex-dividend date of this dividend was Friday, June 3rd. This represents a $0.52 dividend on an annualized basis and a dividend yield of 0.97%.
In other news, COO Ira Duane Frericks sold 2,469 shares of the business’s stock in a transaction on Wednesday, May 4th. The stock was sold at an average price of $49.00, for a total transaction of $120,981.00. Following the completion of the sale, the chief operating officer now owns 1,417 shares in the company, valued at $69,433. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, EVP Troy Moore III sold 5,000 shares of the business’s stock in a transaction on Tuesday, May 24th. The stock was sold at an average price of $49.87, for a total value of $249,350.00. Following the sale, the executive vice president now owns 15,889 shares of the company’s stock, valued at approximately $792,384.43. The disclosure for this sale can be found here.
A hedge fund recently raised its stake in Meta Financial Group stock. EAM Investors LLC increased its position in shares of Meta Financial Group Inc. (NASDAQ:CASH) by 0.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 40,061 shares of the company’s stock after buying an additional 157 shares during the period. EAM Investors LLC owned approximately 0.47% of Meta Financial Group worth $1,840,000 as of its most recent SEC filing.
Meta Financial Group, Inc is a unitary savings and loan holding company. The Company operates through its banking subsidiary, MetaBank. 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.
Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.