UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Sells 17,220 Shares of Pathward Financial, Inc. $CASH

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC cut its position in Pathward Financial, Inc. (NASDAQ:CASH) by 11.1% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 138,067 shares of the savings and loans company’s stock after selling 17,220 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.66% of Pathward Financial worth $12,020,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in CASH. EverSource Wealth Advisors LLC raised its stake in shares of Pathward Financial by 43,200.0% in the second quarter. EverSource Wealth Advisors LLC now owns 433 shares of the savings and loans company’s stock valued at $34,000 after acquiring an additional 432 shares during the last quarter. Smartleaf Asset Management LLC grew its position in Pathward Financial by 23.0% during the 4th quarter. Smartleaf Asset Management LLC now owns 630 shares of the savings and loans company’s stock worth $45,000 after acquiring an additional 118 shares during the last quarter. State of Wyoming acquired a new stake in Pathward Financial during the 2nd quarter valued at $46,000. Rockefeller Capital Management L.P. increased its holdings in Pathward Financial by 225.6% during the 4th quarter. Rockefeller Capital Management L.P. now owns 853 shares of the savings and loans company’s stock valued at $61,000 after purchasing an additional 591 shares in the last quarter. Finally, New Age Alpha Advisors LLC bought a new position in Pathward Financial in the 4th quarter valued at $77,000. 92.66% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the company. Piper Sandler reissued an “overweight” rating and issued a $105.00 price objective (down from $107.00) on shares of Pathward Financial in a research note on Thursday, July 23rd. Keefe, Bruyette & Woods cut their price target on Pathward Financial from $108.00 to $97.00 and set an “outperform” rating for the company in a report on Thursday, July 23rd. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Pathward Financial in a research report on Wednesday, August 5th. Three analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Pathward Financial presently has an average rating of “Buy” and a consensus price target of $101.00.

Pathward Financial Price Performance

Shares of NASDAQ CASH opened at $83.19 on Monday. Pathward Financial, Inc. has a 1 year low of $65.87 and a 1 year high of $101.26. The firm’s 50-day moving average is $86.82 and its 200-day moving average is $87.59. The company has a current ratio of 0.82, a quick ratio of 0.81 and a debt-to-equity ratio of 0.04. The firm has a market capitalization of $1.73 billion, a PE ratio of 10.42 and a beta of 0.60.

Pathward Financial (NASDAQ:CASH) last posted its quarterly earnings results on Wednesday, July 22nd. The savings and loans company reported $1.37 earnings per share for the quarter, missing analysts’ consensus estimates of $1.95 by ($0.58). Pathward Financial had a return on equity of 20.61% and a net margin of 21.03%.The business had revenue of $189.64 million for the quarter, compared to the consensus estimate of $191.18 million. Pathward Financial has set its FY 2027 guidance at 9.500-10.000 EPS and its FY 2026 guidance at 7.800-8.200 EPS. Equities analysts expect that Pathward Financial, Inc. will post 7.93 EPS for the current year.

Pathward Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Thursday, September 10th will be given a dividend of $0.05 per share. The ex-dividend date is Thursday, September 10th. This represents a $0.20 annualized dividend and a dividend yield of 0.2%. Pathward Financial’s payout ratio is presently 2.51%.

About Pathward Financial

Pathward Financial (NASDAQ:CASH) is a U.S.-based financial services company that operates through its wholly owned subsidiary, Pathward Bank. The company provides a range of banking and payment solutions designed for consumers, small businesses, community banks and fintech partners. Core offerings include deposit accounts, consumer and commercial lending, debit and prepaid card programs, digital banking platforms and treasury management services.

Through its banking charter, Pathward Financial delivers customizable payment solutions, including prepaid cards, payroll cards and benefit disbursement programs.