Meta Financial Group Inc. (CASH) EVP Sheree Thornsberry Sells 10,863 Shares

Meta Financial Group Inc. (NASDAQ:CASH) EVP Sheree Thornsberry sold 10,863 shares of Meta Financial Group stock in a transaction on Tuesday, March 12th. The stock was sold at an average price of $19.43, for a total transaction of $211,068.09. Following the sale, the executive vice president now directly owns 20,090 shares of the company’s stock, valued at $390,348.70. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Shares of Meta Financial Group stock traded up $0.84 during trading on Thursday, hitting $20.52. 485,594 shares of the stock were exchanged, compared to its average volume of 395,312. Meta Financial Group Inc. has a 12-month low of $18.01 and a 12-month high of $39.20. The company has a current ratio of 0.66, a quick ratio of 0.66 and a debt-to-equity ratio of 0.12. The stock has a market cap of $761.99 million, a P/E ratio of 7.30 and a beta of 1.30.

Meta Financial Group (NASDAQ:CASH) last announced its quarterly earnings results on Monday, January 28th. The savings and loans company reported $0.39 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.43 by ($0.04). Meta Financial Group had a return on equity of 11.61% and a net margin of 15.76%. The company had revenue of $98.02 million for the quarter, compared to analyst estimates of $98.55 million. As a group, sell-side analysts forecast that Meta Financial Group Inc. will post 2.52 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Monday, April 1st. Investors of record on Monday, March 11th will be paid a dividend of $0.05 per share. The ex-dividend date of this dividend is Friday, March 8th. This represents a $0.20 annualized dividend and a yield of 0.97%. Meta Financial Group’s dividend payout ratio is currently 7.12%.

Large investors have recently made changes to their positions in the stock. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in Meta Financial Group by 200.0% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,139 shares of the savings and loans company’s stock worth $41,000 after acquiring an additional 1,426 shares in the last quarter. Jane Street Group LLC acquired a new stake in Meta Financial Group during the 3rd quarter worth $256,000. Interactive Financial Advisors acquired a new stake in Meta Financial Group during the 3rd quarter worth $291,000. Flinton Capital Management LLC raised its stake in Meta Financial Group by 314.3% during the 4th quarter. Flinton Capital Management LLC now owns 3,712 shares of the savings and loans company’s stock worth $72,000 after acquiring an additional 2,816 shares in the last quarter. Finally, Quantamental Technologies LLC acquired a new stake in Meta Financial Group during the 4th quarter worth $84,000. Hedge funds and other institutional investors own 64.97% of the company’s stock.

Separately, BidaskClub cut shares of Meta Financial Group from a “sell” rating to a “strong sell” rating in a research report on Tuesday. Three research analysts have rated the stock with a sell rating, one has given a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the stock. Meta Financial Group currently has an average rating of “Hold” and an average price target of $36.75.

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Meta Financial Group Company Profile

Meta Financial Group, Inc operates as the holding company for MetaBank that offers various banking products and services in the United States. The company accepts various deposit products, including statement savings accounts, money market savings accounts, negotiable order of withdrawal accounts, and checking accounts; and deposits related to prepaid cards, which primarily comprise checking accounts and certificate accounts.

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Insider Buying and Selling by Quarter for Meta Financial Group (NASDAQ:CASH)

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