Shares of GreenSky Inc (NASDAQ:GSKY) fell 5.1% during mid-day trading on Monday . The company traded as low as $9.00 and last traded at $9.01. 1,700,044 shares traded hands during trading, an increase of 0% from the average session volume of 1,693,679 shares. The stock had previously closed at $9.49.

A number of brokerages have recently issued reports on GSKY. Zacks Investment Research downgraded shares of GreenSky from a “hold” rating to a “sell” rating in a report on Tuesday, November 13th. Compass Point reaffirmed a “hold” rating and set a $22.00 price target on shares of GreenSky in a report on Wednesday, August 8th. BTIG Research downgraded shares of GreenSky from a “buy” rating to a “neutral” rating and set a $23.00 price target on the stock. in a report on Tuesday, November 6th. SunTrust Banks dropped their price target on shares of GreenSky to $11.00 and set a “buy” rating on the stock in a report on Wednesday, November 7th. Finally, Goldman Sachs Group downgraded shares of GreenSky from a “buy” rating to a “neutral” rating and dropped their price target for the company from $31.00 to $11.00 in a report on Wednesday, November 7th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and seven have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of $20.62.

GreenSky (NASDAQ:GSKY) last posted its quarterly earnings data on Tuesday, November 6th. The company reported $0.21 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.20 by $0.01. The business had revenue of $113.91 million during the quarter, compared to analysts’ expectations of $121.28 million. GreenSky’s revenue for the quarter was up 29.0% compared to the same quarter last year. Equities research analysts anticipate that GreenSky Inc will post 0.57 EPS for the current year.

In other GreenSky news, insider Dennis I. Kelly acquired 27,000 shares of the company’s stock in a transaction that occurred on Thursday, November 8th. The shares were bought at an average price of $9.06 per share, with a total value of $244,620.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Soros Fund Management LLC boosted its holdings in shares of GreenSky by 636.0% in the third quarter. Soros Fund Management LLC now owns 622,054 shares of the company’s stock worth $11,197,000 after buying an additional 537,532 shares during the last quarter. Verition Fund Management LLC boosted its holdings in shares of GreenSky by 905.6% in the third quarter. Verition Fund Management LLC now owns 162,570 shares of the company’s stock worth $2,926,000 after buying an additional 146,404 shares during the last quarter. RBF Capital LLC purchased a new position in shares of GreenSky in the third quarter worth approximately $185,000. The Manufacturers Life Insurance Company purchased a new position in shares of GreenSky in the third quarter worth approximately $6,174,000. Finally, Jane Street Group LLC bought a new stake in GreenSky during the 3rd quarter worth approximately $493,000. 33.83% of the stock is currently owned by institutional investors.

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GreenSky Company Profile (NASDAQ:GSKY)

GreenSky, Inc, a technology company, provides point-of-sale financing and payment solutions to merchants, consumers, and banks. It offers a proprietary technology infrastructure that support the full transaction lifecycle, including credit application, underwriting, real-time allocation to bank partners, document distribution, funding, settlement, and servicing functions.

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