Second Curve Capital Lowers stake in Meta Financial Group (CASH)

Meta Financial Group (CASH) : Second Curve Capital reduced its stake in Meta Financial Group by 35.41% during the most recent quarter end. The investment management company now holds a total of 327,462 shares of Meta Financial Group which is valued at $15.6 Million after selling 179,488 shares in Meta Financial Group , the firm said in a disclosure report filed with the SEC on May 12, 2016.Meta Financial Group makes up approximately 10.51% of Second Curve Capital’s portfolio.

Other Hedge Funds, Including , Zacks Investment Management sold out all of its stake in CASH during the most recent quarter. The investment firm sold 46,457 shares of CASH which is valued $2.2 Million.Blackrock Investment Management boosted its stake in CASH in the latest quarter, The investment management firm added 2,941 additional shares and now holds a total of 30,367 shares of Meta Financial Group which is valued at $1.4 Million.Nationwide Fund Advisors boosted its stake in CASH in the latest quarter, The investment management firm added 9,689 additional shares and now holds a total of 44,798 shares of Meta Financial Group which is valued at $2.2 Million. Meta Financial Group makes up approx 0.01% of Nationwide Fund Advisors’s portfolio.Clarivest Asset Management boosted its stake in CASH in the latest quarter, The investment management firm added 614 additional shares and now holds a total of 16,782 shares of Meta Financial Group which is valued at $832,723. Meta Financial Group makes up approx 0.03% of Clarivest Asset Management’s portfolio.

Meta Financial Group opened for trading at $48.94 and hit $49.36 on the upside on Friday, eventually ending the session at $48.84, with a gain of 0.25% or 0.12 points. The heightened volatility saw the trading volume jump to 38,615 shares. Company has a market cap of $415 M.

Many Wall Street Analysts have commented on Meta Financial Group. Meta Financial Group was Initiated by Keefe Bruyette to “Outperform” on Apr 7, 2016.

Meta Financial Group Inc. is a unitary savings and loan holding company. The Company operates through its banking subsidiary MetaBank. MetaBank is both a community-oriented financial institution offering a range of financial services to meet the needs of the communities it serves and a payments company providing services on a nationwide basis. Its segments include Retail Banking and Meta Payment Systems (MPS). The Retail Banking segment includes AFS/IBEX Financial Services Inc. (AFS/IBEX). It operates as a community bank providing deposit loan and other related products. MPS provides a range of products and services to financial institutions and other businesses including issuance of prepaid debit cards sponsorship of automated teller machines (ATM) into the debit networks credit programs automated clearing house (ACH) origination services gift card programs rebate programs travel programs and tax-related programs and services.

Leave a Reply

Meta Financial Group - Is it time to Sell?

Top Brokerage Firms are advising their investors on Meta Financial Group. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.