ExodusPoint Capital Management LP Purchases Shares of 70,694 GreenSky, Inc. (NASDAQ:GSKY)

ExodusPoint Capital Management LP bought a new stake in shares of GreenSky, Inc. (NASDAQ:GSKY) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 70,694 shares of the company’s stock, valued at approximately $327,000.

Several other large investors have also bought and sold shares of the stock. Charles Schwab Investment Management Inc. lifted its holdings in shares of GreenSky by 1.5% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 351,418 shares of the company’s stock valued at $1,628,000 after acquiring an additional 5,330 shares in the last quarter. The Manufacturers Life Insurance Company lifted its holdings in shares of GreenSky by 4.9% during the 4th quarter. The Manufacturers Life Insurance Company now owns 42,953 shares of the company’s stock valued at $199,000 after acquiring an additional 2,003 shares in the last quarter. Credit Suisse AG acquired a new position in shares of GreenSky during the 4th quarter valued at $98,000. Citigroup Inc. lifted its holdings in shares of GreenSky by 97.3% during the 4th quarter. Citigroup Inc. now owns 41,141 shares of the company’s stock valued at $190,000 after acquiring an additional 20,285 shares in the last quarter. Finally, Rhumbline Advisers lifted its holdings in shares of GreenSky by 8.3% during the 4th quarter. Rhumbline Advisers now owns 60,284 shares of the company’s stock valued at $279,000 after acquiring an additional 4,640 shares in the last quarter. Institutional investors and hedge funds own 35.53% of the company’s stock.

Shares of NASDAQ:GSKY opened at $6.11 on Thursday. The company has a 50 day moving average of $6.27 and a 200-day moving average of $5.09. GreenSky, Inc. has a twelve month low of $3.11 and a twelve month high of $7.40. The firm has a market cap of $1.12 billion, a P/E ratio of 122.22, a P/E/G ratio of 1.17 and a beta of 1.67.

GreenSky (NASDAQ:GSKY) last released its earnings results on Tuesday, March 9th. The company reported $0.11 EPS for the quarter, topping analysts’ consensus estimates of $0.07 by $0.04. GreenSky had a net margin of 0.72% and a negative return on equity of 15.29%. The business had revenue of $128.80 million for the quarter, compared to the consensus estimate of $124.43 million. During the same period in the previous year, the firm earned $0.12 EPS. The business’s revenue for the quarter was down 5.2% on a year-over-year basis. Equities analysts forecast that GreenSky, Inc. will post 0.09 earnings per share for the current fiscal year.

Several equities analysts recently weighed in on the stock. Zacks Investment Research upgraded shares of GreenSky from a “sell” rating to a “hold” rating in a report on Tuesday, March 2nd. Citigroup lifted their price target on shares of GreenSky from $4.00 to $5.00 in a report on Thursday, March 11th. Four equities research analysts have rated the stock with a sell rating and five have given a hold rating to the stock. The company has a consensus rating of “Hold” and an average price target of $4.28.

About GreenSky

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 supports 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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Institutional Ownership by Quarter for GreenSky (NASDAQ:GSKY)

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