Crossmark Global Holdings Inc. purchased a new stake in shares of Green Dot Corporation (NYSE:GDOT) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 8,630 shares of the financial services provider’s stock, valued at approximately $428,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Boston Advisors LLC purchased a new stake in Green Dot Corporation during the third quarter valued at about $5,157,000. Nationwide Fund Advisors boosted its position in Green Dot Corporation by 184.0% during the third quarter. Nationwide Fund Advisors now owns 129,863 shares of the financial services provider’s stock valued at $6,439,000 after buying an additional 84,133 shares during the period. APG Asset Management N.V. purchased a new stake in Green Dot Corporation during the third quarter valued at about $5,136,000. Robeco Institutional Asset Management B.V. boosted its position in Green Dot Corporation by 3.6% during the third quarter. Robeco Institutional Asset Management B.V. now owns 244,368 shares of the financial services provider’s stock valued at $12,114,000 after buying an additional 8,440 shares during the period. Finally, Piedmont Investment Advisors LLC purchased a new stake in Green Dot Corporation during the second quarter valued at about $365,000. Institutional investors and hedge funds own 78.79% of the company’s stock.

Several analysts have issued reports on GDOT shares. Zacks Investment Research upgraded shares of Green Dot Corporation from a “hold” rating to a “buy” rating and set a $71.00 price target for the company in a research report on Monday, November 13th. BTIG Research raised shares of Green Dot Corporation from a “neutral” rating to a “buy” rating and set a $65.00 price objective for the company in a research note on Wednesday, November 8th. Deutsche Bank AG upped their price objective on shares of Green Dot Corporation from $42.00 to $54.00 and gave the company a “hold” rating in a research note on Wednesday, November 8th. ValuEngine downgraded shares of Green Dot Corporation from a “buy” rating to a “hold” rating in a research note on Monday, October 2nd. Finally, Craig Hallum started coverage on shares of Green Dot Corporation in a research note on Thursday, October 5th. They set a “buy” rating and a $70.00 price objective for the company. Seven equities research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average target price of $53.36.

Green Dot Corporation (NYSE:GDOT) opened at $63.44 on Wednesday. Green Dot Corporation has a one year low of $23.39 and a one year high of $65.88. The stock has a market cap of $3,201.66, a PE ratio of 36.84 and a beta of 0.91. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 0.09.

Green Dot Corporation (NYSE:GDOT) last released its quarterly earnings results on Tuesday, November 7th. The financial services provider reported $0.34 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.20 by $0.14. Green Dot Corporation had a net margin of 8.61% and a return on equity of 12.55%. The company had revenue of $201.60 million during the quarter, compared to the consensus estimate of $191.33 million. During the same period in the prior year, the firm earned $0.21 earnings per share. Green Dot Corporation’s revenue was up 30.5% on a year-over-year basis. analysts anticipate that Green Dot Corporation will post 1.71 EPS for the current year.

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In other Green Dot Corporation news, insider Steven W. Streit sold 7,995 shares of the firm’s stock in a transaction that occurred on Thursday, November 16th. The shares were sold at an average price of $62.08, for a total transaction of $496,329.60. Following the completion of the transaction, the insider now owns 176,621 shares of the company’s stock, valued at $10,964,631.68. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, General Counsel John C. Ricci sold 12,507 shares of the firm’s stock in a transaction that occurred on Monday, November 20th. The shares were sold at an average price of $62.75, for a total transaction of $784,814.25. Following the transaction, the general counsel now directly owns 60,707 shares of the company’s stock, valued at approximately $3,809,364.25. The disclosure for this sale can be found here. Over the last three months, insiders sold 180,421 shares of company stock valued at $9,861,353. 11.00% of the stock is owned by insiders.

About Green Dot Corporation

Green Dot Corporation (Green Dot) is a pro-consumer financial technology innovator. The Company is a provider of reloadable prepaid debit cards and cash reload processing services in the United States. The Company operates through two segments: Account Services, and Processing and Settlement Services.

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Institutional Ownership by Quarter for Green Dot Corporation (NYSE:GDOT)

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